Transport Topics reports that in the first quarter of this year, driver turnover “reached the highest level in nearly three years” for larger fleets ($30 million in revenue or more). Mikes points out that smaller fleets are more inclined to have less turnover as they “tend to have shorter lengths of haul, which gives drivers more time at home.” To read more about the recent increase in driver turnover, click here.
June 27, 2011 -
Recent Increase in Driver Turnover for Large Fleets
December 20, 2010 -
Carriers Anticipate Continued Capacity Constraints
Transport Topics reviews two recent TCP surveys that indicate a slowing in freight demand as well as “continued capacity constraints.” TCP’s fourth quarter Business Expectations survey showed that 34% of the fleets surveyed are planning to add equipment in the next 12 months but this is primarily replacement of aging equipment. To read more about TCP’s recent survey and industry trends such as driver additions, click here.
December 13, 2010 -
Carriers Shifting to a More Aggressive Tractor Replacement Plan
The fourth quarter Business Expectations Survey was cited in a recent article by Transport Topics about a 148% gain in truck orders. The survey showed that many carriers are “shifting to a more aggressive tractor replacement plan.” TCP partners were in the article, to read click here.
August 23, 2010 -
Mikes Quotes on Recent Decision by Three Fleets to Provide Public Share Offerings
Mikes is quoted in an article of Transport Topics discussing the recent decision of three truck fleets to provide public share offerings. For more than five years the industry has gone without a stock sale. All three carriers plan to repay debt with the proceeds. Click here to read the full article.
August 23, 2010 -
Interest in Used Trucks is Growing
A recent article of Transport Topics notes that interest in used trucks is growing and that new vehicles only accounted for 23% of 2010 registrations. Mikes discusses how the increase in the price of new equipment puts pressure on carriers to raise rates. To learn more about the recent equipment trend, click here.
April 12, 2010 -
Mergers and Acquisitions on the Rise
Mikes is quoted in a recent Transport Topics article which highlights the growing interest in mergers and acquisitions in the transportation industry. Factors such as the improving economy and greater business potential have accelerated the mergers and acquisitions market. To read more about recent acquisitions and the growing trend, read the full article.
June 15, 2009 -
Fleet Owners Optimistic, But Wary of Low Rates
Transport Capital Partners (TCP) was featured in Transport Topics in the article “Optimism Grows Among Fleet Owners about Economic Recovery, Survey Finds.” The article gave full coverage to TCP’s second quarter Business Expectations Survey findings, released in early June. Read the full article.
April 20, 2009 -
Batts Offers Advice for Surviving Tough Economic Climate
Transport Topics quoted Lana Batts, managing partner for Transport Capital Partners (TCP), in the article “After the Recession Ends…” Batts reports her insights during this economic downturn and provides recommendations for carriers on how to survive. Download a PDF of the article here.
March 30, 2009 -
Over 75% of Shippers Want to Change Fuel Surcharge Formulas
Lana Batts, managing partner of Transport Capital Partners, was quoted about the new trend of shippers trying to change fuel surcharge formulas in the March 23rd issue of Transport Topics. Read the full article here.
March 9, 2009 -
More Fleets Expected to Fold
Lana Batts, managing partner of Transport Capital Partners, was quoted in an article in the March 9th issue of Transport Topics in the article “More Fleet Failures Expected as Carriers’ Rates, Volumes Fall.
Read the full article here.
