In a survey by Transport Capital Partners and ACT Research, over 50% of carriers report considering buying natural gas vehicles. TCP Partner Richard Mikes notes significant savings at the pump. Read the full article here.
September 10, 2012 -
Survey: Half of Carriers Consider Switch to Natural Gas
August 29, 2012 -
Degree of Interest in Natural-Gas Powered Trucks Surprising
Logistics Management reports on the growing interest in natural gas as a potential fuel source for transportation companies, especially as the price of diesel continues to rise. Richard Mikes, the TCP Partner who directed the survey in collaboration with ACT Research, was quoted in the article stating that “the degree of interest in natural gas-powered trucks by survey respondents was higher than TCP originally anticipated” and that “the fairly high level of interest compared to degree of knowledge was surprising”. Click here to read the full article.
August 24, 2012 -
Carriers Looking at Natural Gas as Potential Fuel Source
Carriers are looking at natural gas as a potential fuel source, but conditionally, reports Refrigerated Transporter. TCP Partner, Richard Mikes, is quoted in the article: “The survey confirms the growing interest in natural gas by carriers encouraged by the large difference in price, but also shows the complexities of choices in terms of type of fuel, fuel supply systems, payload impact, station availability and so forth.” Click here for the full article.
June 27, 2012 -
Dedicated Services a Win for Both Carriers and Shippers in Long-Term
Carriers are reluctant to add capacity, says TheTrucker.com in a recent article citing TCP’s Second Quarter 2012 Business Expectations Survey. Mikes is cited in the article discussing how, in the long run, dedicated services will be a win for both carriers and shippers. To read the full article and findings from the survey, click here.
April 30, 2012 -
More Carriers Have Made Changes to their Businesses in the Last Year
Transport Topics acknowledges a TCP report noting that 32% of carriers have made changes to their businesses in the past year, compared to 23% from last year’s survey. Richard Mikes, TCP partner, said, “Long-term strategy has come to the forefront as carriers cope with high demands for equipment and balance that with rising equipment costs, driver constraints, and operating dynamics.” Read the full article here.
April 13, 2012 -
Business Expectations Survey Featured in Heavy Duty Trucking Magazine
TCP’s First Quarter 2012 Business Expectations Survey was the feature story in Heavy Duty Trucking Magazine‘s April Headline Newsletter. TCP partner Richard Mikes acknowledges that “the agility of the trucking industry to adapt to change has been clearly evident with new safety methods and cooperation from drivers in a true team effort”. Click here to read the article.
April 9, 2012 -
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.
March 23, 2012 -
Richard Mikes Presented Recently at VCF Conference
Richard Mikes, TCP Partner, spoke at the recent VCF Conference in Miami about many of the current trends in the trucking industry such as the capacity crunch and the expected increase in truckload costs. Read Supply Chain Management’s full review of the VCF Conference here.
March 21, 2012 -
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.
March 21, 2012 -
The 60,000 Questions Interview with Richard Mikes
Jason Rhyno of Today’s Trucking Magazine recently sat down with Richard Mikes of Transport Capital Partners to discuss driver wages and turnover. The results from TCP’s fourth quarter 2011 Business Expectations Survey show that two-thirds of surveyed carriers think that wages must be more than $60,000 to attract and retain drivers. Additionally the American Trucking Association (ATA) data shows that driver turnover rates doubled in the second half of 2011. Mikes discusses the importance of carriers balancing in 2012: balancing available trucks with rising freight volumes and balancing driver wages with existing rates. Read the full “The 60,000 Questions” article here.
