Your most important decisions deserve the most qualified advisors.

News

Transportation Issues Absent from Presidential Discourse

Lana Batts is quoted in a Logistic Management article citing the absence of infrastructure discussion in the political discourse. “Neither party wants to address the fact that the infrastructure is crumbling beneath their very feet because it means raising taxes to pay for it,” Batts said. “Building the interstate system took a visionary; maintaining it takes politicians with the guts to raise taxes and not just cut ribbons.” Read the full article here.

Batts Quoted in Virtual-Strategy Magazone

TCP Partner Lana Batts was recently quoted in Virtual-Strategy Magazine about Internet Truckstop’s Trans4Cast. Batts said, “The ATA’s tonnage is primarily from contract rates and are usually tied to one-year contracts; Internet Truckstop’s data is spot market and tells us more what is happening now with supply and demand.” To read the full article, click here.

Batts Quoted in DC Velocity Article

TCP Partner Lana Batts is quoted in a recent article by DC Velocity about the problems that truckload carriers are currently experiencing. Fleets are aging and the costs of labor, fuel, and insurance are escalating. Batts points out that shippers are “holding the line on rate increases” making it difficult for carriers to recoup costs. Read the full article about cost pressures in the trucking industry here.

Carriers Investing More in CSA

A recent article by Today’s Trucking states that according to results from TCP’s First Quarter Business Expectations Survey, carriers are investing in CSA through a variety of methods including training for drivers, changing how sub-performing driving is monitored, and investing in technology. Both Lana Batts and Jim Parham are quoted. To read more about the changes carriers are making to comply with CSA regulations, read the full article

Carriers Getting Better Spot Market Rates

Lana Batts, TCP Partner, was recently quoted in an article by Logistics Management discussing the Transcore’s reports on spot market data in March. Batts discusses how the dips and falls in the market have impacted the spot market and that right now carriers “are getting better spot market rates than they are getting out of their contract rates.” Click here to read more about spot market trends.

Carriers Experience Challenges Balancing Capacity and Drivers

In a recent article by Logistics Management about the slight decrease in driver turnover of large fleets in the last quarter, Lana Batts is quoted discussing the current challenges that carriers face balancing capacity and drivers. Read the full article here.

Carrier Capacity Expectations Increase in First Quarter

Transport Topics cites a TCP survey indicating an increase in carrier capacity in the first quarter of 2012. TCP partners Richard Mikes and Lana Batts attribute the increase in carrier confidence to favorable interest rates and reports of growth in the industry. Read more here.

Carriers Attracted to Spot Market Due to Higher Rates

TruckingInfo.com reports on the effect of spot market rates on broker usage. Citing TCP data from the past year, TCP partner Lana Batts states that “while some carriers might use brokers to increase freight, TCP believes that most of these carriers are attracted to the spot market due to higher rates.” Read the article here.

Carriers Not Overly Eager to Add Capacity

Logistics Management reports on the recent findings of TCP’s quarterly Business Expectations Survey that found that while the economy is approving, carriers are not overly eager to add capacity. Batts, who is interviewed for the article, says that “these numbers are not too surprising.” To read more about the reflections of the partners on the data, click here.

Carriers Expect to See Increase in Volumes & Rates in Coming Year

Bulk Transporter reports how carriers expect to see an increase in both volumes and rates in the coming year according to TCP’s recent quarterly industry survey. Both Batts and Mikes are quoted in their analysis of the survey findings. Click here to read the full article.