An article on TheTrucker.com, “TCP Survey: ‘Light at the End of the Tunnel’ for Trucking,” quotes both Lana Batts and Richard Mikes, managing partners for Transport Capital Partners (TCP), about their findings through the quarterly Business Expectations Survey the firm conducts. Read the full article.
The SupplyChain Digest article “As Truckload Rates Continue Freefall, Middlemen Actually See Margins Grow” quoted Lana Batts, a managing partner at Transport Capital Partner (TCP), about the economic outlook of the transportation industry this year. Many of Batts’ data has been collected via TCP’s quarterly Business Expectations Surveys. Read the full article.
Lana Batts, managing partner for Transport Capital Partners (TCP), was quoted in SupplyChainDigest’s article “Truckload Market Sees Bottom Having Arrived, but Fundamentals are Still Rotten.” Batts’ quotes for the article were taken from a recent phone interview conducted by John Larkin with Stifel Nicholas.
Read the full article.
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.
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.
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.
Traffic World quoted Lana Batts on the how the credit crunch is also affect efforts to privatize the nations highways and bridges. She noted that the same factors impacting the housing credit (less money, higher rates, more difficult covenants) are also impacting efforts of USDOT and state DOT efforts to secure private equity investment in highways and bridges. Money has become more difficult to secure because highway officials can neither guarantee revenues nor expenses.
Transport Topics quoted Lana Batts on the credit crunch. She noted that banks are becoming concerned whether shippers will be able to pay their bills to carriers. As a result, they are concerned whether carriers’ account receivable are as solid as they once were. She noted that the issues to be “when” a carrier was paid; the issue is now becoming “if” they will be paid.
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
Transport Topics quoted Lana Batts on the tight credit markets. She noted that while there are still some people who are willing to work with truckers on financing, the list is getting shorter and the qualifications are getting tighter.