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Truckers Looking Forward to the Year Ahead

Truckinginfo.com discusses TCP’s industry survey, pointing out that truckers are optimistic about the upcoming year. Quoting TCP’s Mikes and Batts, this article provides statistics from the survey that show truckers’ overwhelmingly positive predictions for their businesses. Read the full article.

Trucking Largely Unaffected by Maritime Transportation

TCP Managing Partner Lana Batts responded to the Department of Transportation’s “America’s Marine Highway” program in “Marine Highways Not Seen As Big Competitor to Trucking.” Batts asserts the trucking industry is safe unless “unless you can figure out how to get the barge to pull up to the dock at Wal-Mart.”
Read the full article here.

Carriers Unprepared for CSA 2010

Truckininfo.com cites Transport Capital Partner’s Business Expectations Quarterly Survey in “Half of Truckload Carriers Unprepared for CSA 2010.” Managing partners Richard Mikes and Lana Batts comment on the carrier unpreparedness. Read the full article here.

Half of Carriers Plan to Add Capacity

In “Carriers Hesitant to Add New Equipment,” Truckinginfo.com uses information from the Business Expectations Quarterly survey to assert that 56% of carriers expect to grow by adding new capacity from company-owned equipment rather than independent carriers. The article quotes managing TCP partners Richard Mikes and Lana Batts. Read the full article here.

Carriers Consider Leaving the Business

In “One Fourth of Carriers Looking at Leaving the Industry,” TruckingInfo.com reports results from Transport Capital Partners’ (TCP) Business Expectations Survey. The survey, conducted quarterly, indicated that carriers have become more confident in rates and volumes, but their hopes for long term survival are not so optimistic, with one in four considering selling if conditions don’t improve in the next six months.
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TCP Assists in Acquisition of McGriff Transportation

TruckingInfo.com’s article, “TCP Assists in HB Holdings’ Acquisition of McGriff Transportation” features TCP’s acquisition services. Managing Partner Miller Welborn was quoted. Read the full article here.

Rates Set to Improve in Year Ahead

TruckingInfo.com’s “TCP: Capacity Crunch, Improved rates Are in the Cards” quotes Lana Batts, managing partner for Transport Capital Partners (TCP) on  projections for the industry in the next year. The article quotes Batts during a conference call hosted by Stifel Nicolaus March 5th. Her responses were based on results from the most recent Business Expectations Survey, conducted by TCP each quarter. Read the full article here.

One-Fifth of Carriers Contemplate Selling in Near Future

Transport Capital Partners’ (TCP) Managing Partners Lana Batts and Richard Mikes are quoted in TruckingInfo’s “Fleet Equipment Purchase Plans Stabilize” about results from the firm’s fourth-quarter Business Expectations Survey. Results show that carriers are stabilizing on fleet replacement, with a pre-buy unlikely and more interest in buying and selling shown this quarter than previous months. Read the full article.

Truckers Forecast Improvements in Coming Year

Truckinginfo.com and ExpeditersOnline.com featured results from Transport Capital Partners’ (TCP) second quarter Business Expectations Survey in the article “Truckers have rosy economic outlook.” According to the survey, the industry expects conditions such as freight volumes, rate stability, insurance renewals, credit and mergers and acquisitions to improve in the next 12 months. Read the full article. The article was also posted here.

Batts: Adaptability is Key

Truckinginfo.com published an opinion hotline article written by Lana Batts entitled, “What’s Really Normal.” In it she noted that it’s not the strongest or the most intelligent that survive in turbulent times, but the most responsive to change. A significant part of being responsive to change to fully understanding what activities create costs and assigning them to the right function. For example, a new truck that has two or three different drivers a year can increase maintenance costs 2—3 cents more over a truck with only one driver. Assigning those extra costs to maintenance, rather than retention, only further hides the true cost of driver turnover.