At the recent Truckload Carriers Association (TCA) Convention in Las Vegas, Transport Capital Partners (TCP) was pleased to make a contribution to the TCA Scholarship Fund. The fund provides up to $6,000 per year scholarships to full-time college students associated with the truckload industry. TCP is excited to invest in the next generation of leaders in the trucking community. For the 2012-2013 season, TCA provided scholarships to 24 students in our trucking community. To learn more about this year’s recipients and the TCA scholarship fund, click here.
Boyd Bros. Transportation recently acquired Mid Seven Transportation in Des Moines, Iowa. Layover Magazine reports on the acquisition which was facilitated by Miller Welborn and Jim Parham of Transport Capital Partners. “It is exciting for me to see Mid Seven Transportation Company become a member of the Boyd Bros. family of carriers,” said Jeff Simpson of Mid Seven. “Both companies have long histories of operating with integrity, commitment to customer service and placing a high value on their employees and independent contractors.” Read the full article here.
TheTrucker.com reports that Boyd Brothers Transportation has acquired Mid Seven Transportation. The transaction was executed with the help of Miller Welborn and Jim Parham of Transport Capital Partners.
“This acquisition by Boyd Bros allows Boyd to move into a market that has historically been a strong flatbed market and also gives the combined companies a strong base to build on for the future,” says Welborn about the transaction. “Mid Seven has a great reputation to build upon and can grow rapidly.”
“We are proud to add Mid Seven Transportion to the Boyd family of companies,” said Boyd Bros. President Richard Bailey. “We plan to operate Mid Seven autonomously as a separate subsidiary. Mid Seven has some of the best owner operators and employees in the industry and we are especially proud of their safety and service culture.” Read the full article here.
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.
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
James Schnoes and Miller Welborn were speakers at the Commercial Carrier University, held in conjunction with the Texas Motor Truck Association’s annual meeting in Austin, TX. The topic of their presentation was the value of education and training and how to better utilize the resources of Commercial Carrier University.