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News

Carriers Shifting to a More Aggressive Tractor Replacement Plan

The fourth quarter Business Expectations Survey was cited in a recent article by Transport Topics about a 148% gain in truck orders. The survey showed that many carriers are “shifting to a more aggressive tractor replacement plan.” TCP partners were in the article, to read click here.

Richard Mikes Quoted About Impact of Regulatory Uncertainty

Truckinginfo.com cites Richard Mikes, TCP managing partner, in an article about the impact of regulatory uncertainty on the future business plans of fleet managers. Read more.

Almost Seventy Percent of Carriers Expect Volumes to Increase

The Trucker.com captured TCP’s third quarter survey results in an online article entitled, “Carriers: freight volume to increase in next year, but capacity won’t.” The article quotes both Lana Batts and Richard Mikes, TCP managing partners. Read more.

Mikes Quotes on Recent Decision by Three Fleets to Provide Public Share Offerings

Mikes is quoted in an article of Transport Topics discussing the recent decision of three truck fleets to provide public share offerings. For more than five years the industry has gone without a stock sale. All three carriers plan to repay debt with the proceeds. Click here to read the full article.

Interest in Used Trucks is Growing

A recent article of Transport Topics notes that interest in used trucks is growing and that new vehicles only accounted for 23% of 2010 registrations. Mikes discusses how the increase in the price of new equipment puts pressure on carriers to raise rates. To learn more about the recent equipment trend, click here.

Driver Shortage Due to Increased Freight

Truckinginfo.com discusses TCP’s Business Expectation Survey’s finding that there is currently a driver shortage due to increased amounts of truck freight. The article notes carriers’ reported decrease in dependence on brokers and a supply-demand dynamic that favors truckers. Read the full article.

Drivers Optimistic About Second Quarter 2010

BulkTransporter.com outlines TCP’s Business Expectations Survey for 2010’s second quarter. The article focuses on truckers’ strong optimism for the near future of the industry. Read the full article.

Truckers Looking Forward to the Year Ahead

Truckinginfo.com discusses TCP’s industry survey, pointing out that truckers are optimistic about the upcoming year. Quoting TCP’s Mikes and Batts, this article provides statistics from the survey that show truckers’ overwhelmingly positive predictions for their businesses. Read the full article.

Mergers and Acquisitions on the Rise

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.

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.