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.
April 12, 2010 -
Mergers and Acquisitions on the Rise
April 9, 2010 -
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.
April 9, 2010 -
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.
March 26, 2010 -
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.
March 22, 2010 -
C. Bean Transport Files Chapter 11 Bankruptcy
In an article about the recent bankruptcy of a trucking company in Arkansas, The Journal of Commerce quotes TCP’s Lana Batts about the future of financing trucks. Read the full article here.
March 18, 2010 -
Acquisitions Likely in Tough Economy
Commercial Carrier Journal Digital in their article “TCP Survey Shows One in Four Carriers Pondering Quitting” cites the recent TCP Business Expectations Survey. Managing Partners Lana Batts and Richard Mikes commented on the results agreeing that the industry is prime for a flood of acquisitions.
Read the full article here.
March 9, 2010 -
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.
March 8, 2010 -
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.
February 1, 2010 -
Borrowing Costs Remain High in Sluggish Economy
In an article about current trends in financing in the transportation industry, Heart Logistics quotes TCP partner Steven Dutro on his assessment of today’s credit environment in the industry.
Read the full article here.
January 11, 2010 -
Tech Acquisitions Up, Carriers Optimistic for 2010
Heavy Duty Trucking quoted Lana Batts and Richard Mikes, managing partners for Transport Capital Partners (TCP), in two articles in its January 2010 print publication. “Trucking technology company consolidation is a trend” quotes Batts as saying more “wallet share acquisitions” are likely to increase in the transportation industry during the next few years. “Survey: Carriers optimistic, but still feel cash pinch” reports the findings of TCP’s fourth quarter Business Expectations Survey, quoting both Mikes and Batts about the outlook trucking companies reported in the past three months. Read the full article here.
