An article from TruckingInfo.com notes TCP survey results that project an increase in merger and acquisition activity as carriers attempt to maneuver a changing transportation industry. Read the full article here.
September 15, 2010 -
Anticipated Acquisition Activity as Carriers Manuever Changing Industry
September 15, 2010 -
Practical Miles vs. Shortest Miles Formula
DC Velocity writer, Mark B. Solomon, discusses TCP’s finding regarding the change to the “Practical Miles” trucker pay formula from the more traditional “Shortest Miles” formula. Read more.
September 10, 2010 -
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.
September 9, 2010 -
Both Small and Large Carriers Hesitant to Add Capacity
FleetOwner.com highlights TCP’s Third Quarter Business Expectation Survey’s findings that carriers expect to see volumes and rates increase in the coming year. The article also discusses the survey results which show hesitation of both large and small carriers to add capacity in the next twelve months. Read the full article.
August 23, 2010 -
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.
June 28, 2010 -
Two-Thirds of Carriers Report Driver Shortage
According to TodaysTrucking.com, TCP’s Business Expectations Survey offers much insight into the current supply and demand dynamics of drivers in the trucking industry. While trucker recruiting is a growing problem during this shortage, truckers are in a favorable position. Read the full article.
May 4, 2010 -
Shortage of Trucks Could Lead to Higher Rates
Schilli Transportation News, a news resource from Schilli Transportation Services, notes TCP’s findings that 445 bankruptcies occurred in the trucking industry in the last quarter of 2009 and that over 170,000 trucks have become inactive over the past year and a half due to bankruptcies. Read the full article.
March 17, 2010 -
Carriers Consider Leaving the Business
In “One Fourth of Carriers Looking at Leaving the Industry,” TruckingInfo.com reports results from Transport Capital Partners’ (TCP) Business Expectations Survey. The survey, conducted quarterly, indicated that carriers have become more confident in rates and volumes, but their hopes for long term survival are not so optimistic, with one in four considering selling if conditions don’t improve in the next six months.
Read the full article.
March 11, 2010 -
Capacity Likely to Improve in Long Term
Today’s Trucking quoted Transport Capital Partners (TCP) in the Featured News article “‘Inverse Perfect Storm’ Brewing in Trucking: Analysts” about results from the most recent Business Expectations Survey, conducted quarterly by TCP. John Burton with ACT Research Co. (ACT) reports similar results from his company’s surveys: carriers and industry vendors think capacity is tightening in February but should improve in the second half of 2010 and in 2011. 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.
