Truckinginfo.com reports that an overwhelming 93% of transportation executives are displeased with the results of this year’s presidential election. This data comes from the 4th Quarter Business Expectations Survey conducted by Transport Capital Partners.
Additionally, TCP partners Richard Mikes and Steven Dutro report that uncertainty around the “Fiscal Cliff” debate in Washington is causing carriers to hesitate before proceeding with any mergers and acquisitions. Read the full article here.
Truckinginfo.com reports that three-quarters of carriers are expecting to increase wages in the coming year in an effort to reduce driver turnover. The information comes from the Third Quarter Business Expectation Survey by Transport Capital Partners.
Uncertainty with how the upcoming presidential election will affect health care policies is also a concern for carriers, but not as much as was reported a year ago. TCP Partner Steven Dutro claims, “Without better pay and affordable health care for drivers, carriers will not be able to increase capacity for shippers.” Read the full article here.
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.
The December issue of Arkansas Trucking Report, a publication of the Arkansas Trucking Association, quotes Steven Dutro, manaing partner for Transport Capitla Partners (TCP) and Jim Schnoes, director for TCP, in “Brother Can You Spare a Loan?” Dutro and Schnoes contribute insights about long-term survival of the recession for trucking companies. Read the full article.
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.
Transport Topics recently published an article by Steven Dutro, “Carriers in the New Lending Enviroment”. View the entire article.
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
Steven Dutro spoke at the Transportation Lawyers Association convention as part of a seminar called “Solving the Insolvency Conundrum: Dealing with Businesses on the Edge of Financial Abyss.” The topic covered strategies for protection from customers in financial distress as well as strategies to protect trucking companies in financial distress.
Steven Dutro was interviewed for a Transport Topics story called “Fleets Use Varied Strategies to Boost Value to Investors.” Dutro noted, “Clearly, what some people call the ‘capital window’ is open. Capital is available from a variety of sources for the trucking industry.”
Steven Dutro was interviewed for a Transport Topics story called “Fleets Use Varied Strategies to Boost Value to Investors.” Dutro noted, “Clearly, what some people call the ‘capital window’ is open. Capital is available from a variety of sources for the trucking industry.”
