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.
April 20, 2009 -
Batts Offers Advice for Surviving Tough Economic Climate
April 1, 2009 -
Mikes Addresses Iowa Motor Truck Association
Richard Mikes spoke at two Iowa Motor Truck Association (IMTA) meetings on March 24 and 26th on the topic “Where Do We Go From Here? Capturing the Value of Change.” He discussed three primary areas: (1) Supply chain implications, involving trends toward more plant and distribution centers, closer national and international sourcing, and a modal mix shift favoring trucking; (2) Global and international recessions, with consumer confidence at its lowest levels, the resultant “fear factor,” and the likelihood that this recession will mirror the early ‘80s; and (3) Impact upon trucking, including results from the recent TCP survey that indicated the severity of rate pressures, high number of carriers considering buying or selling, carrier cost adjustments, the likelihood of capacity restraints with volumes rising in late 2009 or early 2010, and strategies being set for future prosperity and growth by carriers who seize opportunity now.
March 30, 2009 -
Over 75% of Shippers Want to Change Fuel Surcharge Formulas
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.
March 11, 2009 -
Dutro Advises Colorado Truckers on Beating the Recession
Steven Dutro spoke to a regional meeting of the Colorado Motor Carrier Association on the topic “Making It Through the Recession.” The presentation covered a broad perspective on the current recession, ways carriers can help themselves, and an update on the credit markets and various sources of credit.
March 11, 2009 -
Mikes to Speak at Iowa Motor Truck Association Meeting
Richard Mikes will be the featured speaker at the Iowa Motor Truck Association Meeting on March 24, 2009. His presentation is titled, “Trucking in 2009: Insight, Observations, and Predictions”.
March 9, 2009 -
More Fleets Expected to Fold
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.
February 23, 2009 -
New Driver Pay Suffers Amid Economic Downturn
Transport Topics recently quoted Richard Mikes regarding new driver’s pay. The article also references the national Business Expectations survey conducted by Transport Capital Partners. Read the entire article.
February 23, 2009 -
Wages Remain Low as Freight Demand Drags
Richard Mikes, managing partner of Transport Capital Partners, was quoted in the article “Some Firms Cut New-Driver Pay as Freight Demand Stays Low” in the February 23 issue of Transport Topics. Read the full article here.
November 3, 2008 -
Lending Slow in Rough Economy
Transport Topics recently published an article by Steven Dutro, “Carriers in the New Lending Enviroment”. View the entire article.
November 1, 2008 -
Batts Analyzes the Credit Crunch
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.
