An article from Today’s Trucking discusses the findings of TCP’s recent survey which shows that a driver shortage continues and wage expectations for drivers has shifted. Some of the partners were quoted discussing the results, noting that “balance will be a keyword in 2012”. Click here to read the full article.
While smaller carriers are more optimistic about business volume increases over the next six months, there are still a significant number (20% of those surveyed in TCP’s recent Business Expectations Survey) that are strongly considering leaving the industry. To read the full coverage by TodaysTrucking.com, click here.
Today’sTrucking.com covers how according to TCP’s recent survey, capacity is lagging behind fleet expansion. Read more.
According to TodaysTrucking.com, TCP’s Business Expectations Survey offers much insight into the current supply and demand dynamics of drivers in the trucking industry. While trucker recruiting is a growing problem during this shortage, truckers are in a favorable position. Read the full article.
In the article “TCP Survey Shows One in Four Carriers Consider Selling,” TodaysTrucking.com summarizes TCP’s Business Expectations Survey results, focusing on the findings that many surveyed carriers have confidence in the coming year while about 25% of carriers are thinking about leaving the industry over the next year and a half. Read the full article here.
Today’s Trucking quoted Transport Capital Partners (TCP) in the Featured News article “‘Inverse Perfect Storm’ Brewing in Trucking: Analysts” about results from the most recent Business Expectations Survey, conducted quarterly by TCP. John Burton with ACT Research Co. (ACT) reports similar results from his company’s surveys: carriers and industry vendors think capacity is tightening in February but should improve in the second half of 2010 and in 2011. Read the full article here.
SupplyChainBrain posted a summary of an article on TodaysTrucking that quotes Richard Mikes and Lana Batts, managing partners for Transport Capital Partners (TCP), about the results of the fourth quarter Business Expectations Survey. “40 Percent of Truckers Don’t See Upturn Until 2011” reports that the outlook for volumes and rates has increased, but carriers still hesitate to say conditions will return to “normal” in 2010. Read the full article.
Today’s Trucking’s “Cash Shortage Still Squeezing Trucking” reports on results from Transport Capital Partners’ fourth quarter Business Expectations Survey. Among other statistics, the survey showed that due to cash shortages, one in eight carriers have given serious consideration to leaving the industry if rates do not improve soon. Read the full article.
Transport Capital Partners (TCP) Managing Partners Richard Mikes and Lana Batts were quoted extensively in Today’s Trucking article titled “U.S. trucking upturn won’t happen until ’11.” Mikes and Batts discuss the results of TCP’s quarterly Business Expectations Survey and their expectations for the trucking industry in 2010 and 2011. Read the full article.
Today’s Trucking quoted Richard Mikes, managing partner for Transport Capital Partners, in “Truck analysts say climb back from recession will be slow.” The article included results from TCP’s Business Expectations Survey, conducted quarterly, about equipment purchasing and fleet acquisitions in the current economy and other state-of-the-industry topics. Read the full article.