Transport Topics reports on the recent acquisition of Specialized Transportation Inc. by CRST International, a move that greatly expands the services the company is able to offer. Batts discusses how the aftermath of the Great Recession is causing carriers, like CRST International, must think differently about business practices in order to be competitive in today’s market; read more here.
August 8, 2011 -
Acquisitions a Great Way to Expand a Company’s Services
August 4, 2011 -
More Smaller Carriers Eager to Sell
Richard Mikes is quoted in an article in the Commercial Carrier Journal regarding the increase of carriers – particularly smaller carriers – that are eager to sell. While in 2006 and 2007 the climate was a “seller’s market,” the number of carriers willing to sell now makes it a “buyer’s market.” To read more about the current mergers and acquisitions market in the transportation industry, click here.
June 27, 2011 -
Recent Increase in Driver Turnover for Large Fleets
Transport Topics reports that in the first quarter of this year, driver turnover “reached the highest level in nearly three years” for larger fleets ($30 million in revenue or more). Mikes points out that smaller fleets are more inclined to have less turnover as they “tend to have shorter lengths of haul, which gives drivers more time at home.” To read more about the recent increase in driver turnover, click here.
June 16, 2011 -
Survey Places Carriers “In the Driver’s Seat” Over the Year Ahead
Fleet Owner reports on TCP’s recent Business Expectation Survey and that trucking looking up over the next year. Read the full article.
June 15, 2011 -
Carrier Expectations Still Strong
TruckingInfo.com reports on TCP’s second quarter Business Expectations Survey that found that carrier expectations are still strong with more than 80 percent of carriers expecting volume increases in the next 12 months. Read the full article.
June 15, 2011 -
Eighty Percent of Carriers Expecting Volume Increases
Automotive World: The recent Second Quarter Business Expectations Survey from Transport Capital Partners (TCP) has reported that more than 80% of the US freight hauliers/carriers responding were expecting volume increases… Read the full article.
May 5, 2011 -
Nation’s Leading Shipping Executives Didn’t Get to the Top by Accident
In an article from DC Velocity, the recent TCP survey is quoted. The nation’s leading shipper executives didn’t rise to the top of their profession by accident. It took resourcefulness and determination, honed by decades of experience and results, to get to where they are. Read the full article.
April 25, 2011 -
Carriers Are Reducing Their Reliance on Brokers
“Carriers going without brokers” according to FleetOwner.com which quotes TCP on the recent survey in 2011. Read more.
February 10, 2011 -
Where is the Industry Headed?
TCP Partners, Lana Batts and Richard Mikes, discuss where the trucking industry is headed in an annual report covering the current industry trends. Some of the topics covered include drivers, equipment, and capacity. Read the full paper.
December 20, 2010 -
Carriers Anticipate Continued Capacity Constraints
Transport Topics reviews two recent TCP surveys that indicate a slowing in freight demand as well as “continued capacity constraints.” TCP’s fourth quarter Business Expectations survey showed that 34% of the fleets surveyed are planning to add equipment in the next 12 months but this is primarily replacement of aging equipment. To read more about TCP’s recent survey and industry trends such as driver additions, click here.
