Transport Capital Partners (TCP) Managing Partners Richard Mikes and Lana Batts were quoted extensively in Today’s Trucking article titled “U.S. trucking upturn won’t happen until ’11.” Mikes and Batts discuss the results of TCP’s quarterly Business Expectations Survey and their expectations for the trucking industry in 2010 and 2011. Read the full article.
December 11, 2009 -
Volumes and Rates Expected to Increase in 2010
September 11, 2009 -
Recovery Among Freight Carriers Likely to Be Sluggish
Today’s Trucking quoted Richard Mikes, managing partner for Transport Capital Partners, in “Truck analysts say climb back from recession will be slow.” The article included results from TCP’s Business Expectations Survey, conducted quarterly, about equipment purchasing and fleet acquisitions in the current economy and other state-of-the-industry topics. Read the full article.
September 11, 2009 -
TCP Survey Reflects Cautious Optimism
An article on TheTrucker.com, “TCP Survey: ‘Light at the End of the Tunnel’ for Trucking,” quotes both Lana Batts and Richard Mikes, managing partners for Transport Capital Partners (TCP), about their findings through the quarterly Business Expectations Survey the firm conducts. Read the full article.
August 18, 2009 -
Rates Drop to the Benefit of Brokers
The SupplyChain Digest article “As Truckload Rates Continue Freefall, Middlemen Actually See Margins Grow” quoted Lana Batts, a managing partner at Transport Capital Partner (TCP), about the economic outlook of the transportation industry this year. Many of Batts’ data has been collected via TCP’s quarterly Business Expectations Surveys. Read the full article.
July 27, 2009 -
TCP Survey Notes Significant Decrease in Volumes
Lana Batts, managing partner for Transport Capital Partners (TCP), was quoted in SupplyChainDigest’s article “Truckload Market Sees Bottom Having Arrived, but Fundamentals are Still Rotten.” Batts’ quotes for the article were taken from a recent phone interview conducted by John Larkin with Stifel Nicholas.
Read the full article.
June 15, 2009 -
Fleet Owners Optimistic, But Wary of Low Rates
Transport Capital Partners (TCP) was featured in Transport Topics in the article “Optimism Grows Among Fleet Owners about Economic Recovery, Survey Finds.” The article gave full coverage to TCP’s second quarter Business Expectations Survey findings, released in early June. Read the full article.
June 11, 2009 -
Truckers Forecast Improvements in Coming Year
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.
May 5, 2009 -
The Trucking Industry Battles a Difficult Economy
The Iowa Motor Transportation Association (IMTA) featured an article by Richard Mikes, managing partner for Transport Capital Partners (TCP), in its Spring 2009 issue of its magazine Lifeliner. The article “Trucking in Turbulent Times” discusses the current condition of the transportation industry, advises carriers on ways to endure, and uses findings from TCP’s Business Expectation Survey conducted in February. Read the full article here.
April 20, 2009 -
Batts Offers Advice for Surviving Tough Economic Climate
Transport Topics quoted Lana Batts, managing partner for Transport Capital Partners (TCP), in the article “After the Recession Ends…” Batts reports her insights during this economic downturn and provides recommendations for carriers on how to survive. Download a PDF of the article here.
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.
