Providing knowledge, guidance, and resources. TCP offers a wealth of experience advising transportation firms and industry suppliers concerning both short-term and long-term trends affecting transportation. Additionally, TCPs partners are regularly featured speakers at industry conferences, carrier in-house functions, and supplier events.
TCP advises clients on key strategic issues including: customer acquisitions; pricing parameters; facility and network alternatives; benchmarking and competitive positioning; operational effectiveness; and market expansion and acquisitions. Companies supplying the transportation industry with services turn to TCP for insight and knowledge relating to their current and potential customers demands for equipment and technology. TCPs advisory services include:
TCP Advisory Services include:
OPERATIONAL
Strategic Planning for Contract Carriers, Private Fleets, Truck Lessors and Third Party Logistics Firms
o Operational Tactics Improvement
o Benchmark Analysis
o Profit Planning/Enhancement for Daily, Monthly and Annual Success
o Collaborative establishment of mission and vision
o Assessment of the impact of environmental factors
o Review of customer programs and strategy for retention and attraction
o SWOT (Strengths, Weaknesses, Opportunities, Threats) Assessments
o Financial Forecasts
o Acquisitions, Mergers, Joint Ventures and Divestitures
o Financial Leadership and Advisory
Evaluating and improving operational processes, such as:
o Maintenance
o Load Solicitation and Selection
o Driver Management
o Cost Control
o Asset Utilization Improvement
Management Training and Executive Coaching
Customer, Unit and Lane Profitability
Dedicated Fleet Management
Marketing and Sales Management
Independent Contractor Solicitation, Operational Systems and Procurement Assistance
FINANCIAL
Valuation
o Succession Planning
o Estate Planning
o Selling or Potential Exit Strategies
o Legal Challenges from regulators, tax authorities, or parties who may have claims against a carrier or its shareholders
• Litigation Support: TCP’s partners have assisted a variety of law firms and their clients in transportation-related legal issues, as well as providing valuable insight as expert witnesses. TCP’s years of experience are helpful when transportation-related expert witnesses are required.
o Succession Planning
o Valuations for Varied Purposes
o Owner/Operator Issues
o Brokerage Issues
o Independent Contractor Issues
o TL and LTL Valuations of Estates and Shareholder Disputes
o Energy Trading Contracts
o Insurance Fraud
• Due Diligence Services for Acquirers and Financial Sources
• Optimal Truck Equipment Cycles
o Optimum Life Cycles Determination
o Equipment Specifications for Efficiency, Reliability and Residual Value
o Assessment of Maintenance costs, Labor Hour Demands, Parts over Time
o Tax Implications’ Evaluations and Resale Value Determination
o Statistical Analysis and Engineering Models of Maintenance over Time
o Challenger versus Defender Replacement Models
• Risk Management Reviews for insurance, claims and safety
• Truck Leasing Options
o From Simple Lease Purchases through Full Service Leasing
o Equipment, Maintenance and Administration
o TRAC, Leveraged, Synthetic and Tax Leases
• Technology Systems from Financials to Operational Monitoring and Decision Parameters
ECONOMIC AND FREIGHT ENVIRONMENT:
TCPs partners can also provide speeches or seminars on any of the following topics:
Industry Trends, both Short-Term and Long-Term
Industry Costing (and Pricing)
Industry 101
Types of Businesses Served:
For-hire and private fleets
Truckload Van, Refrigerated, Bulk, Flatbed, Heavy Haul
Less Than Truckload (LTL)
Logistics
Full Service Leasing Companies
Freight Brokers
Railroad Intermodal
Drayage
Transportation industry suppliers, including technology and equipment