Truckinginfo.com and ExpeditersOnline.com featured results from Transport Capital Partners’ (TCP) second quarter Business Expectations Survey in the article “Truckers have rosy economic outlook.” According to the survey, the industry expects conditions such as freight volumes, rate stability, insurance renewals, credit and mergers and acquisitions to improve in the next 12 months. Read the full article. The article was also posted here.
June 11, 2009 -
Truckers Forecast Improvements in Coming Year
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 10, 2009 -
Carriers Adjust to Economic Woes
Transport Capital Partners recently conducted a Business Expectations Survey of carriers nationwide in Feb 2009. Download the results here.
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 -
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.
October 9, 2008 -
Observations from the ATA Annual Meeting
Transport Capital Partners released oberservations on the recent ATA Annual Meeting. View the entire article.
May 12, 2008 -
“Empty Miles” on the Rise
Transport Topics quoted Lana Batts on the reported increase in empty miles in the trucking industry. She noted that as long haul carriers move to more regional markets, the number of empty miles increase, the number of turns increase, and dwell times increase in significance. She noted that “you can no longer measure productivity in miles, you also need to measure it in hours”.
August 13, 2007 -
Batts Speaks at PeopleNet Users Conference
Lana Batts spoke at the PeopleNet Users Conference on “What the Future Holds for Trucking,” in Hilton Head, SC. She addressed certain factors that are now a given, such as high, volatile fuel prices, chronic driver retention issues, and highway congestion. She also pointed out positive factors affecting the industry such as increased freight volumes, improved trucks, and new markets.
March 20, 2007 -
Mikes Speaks at CSX Conference
Richard Mikes spoke at the CSX Intermodal Conference in Memphis, discussing the strategic outlook for trucking and intermodal movements. He addressed current regulation, the impact of technology, trucking profitability, cyclical and seasonal impact, rate, tonnage growth and road congestion. The growth of intermodalism will continue in the short and long term as shippers and carriers search for new strategies, he forecast.
May 16, 2004 -
Batts Speaks in Phoenix
Lana Batts gave a speech at TransCore’s Annual Customer Appreciation Conference, Phoenix, AZ. Topic: “What Do Carriers Want When There is Too Much Freight Chasing Too Few Trailers?”
