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Recapitalization of Elite Express by Linx Fund III

Linx Fund III and Elite Express. Linx partnered with founders and their management teams. Linx Partners is a private equity fund focused on being the partner choice for family owners and entrepreneurs in industrial and logistics businesses.

Read more here.

 

Only 3 Days Left to Participate in this quarter’s Business Expectations Survey

There are only three days left to participate in the first quarter 2013 Business Expectations Survey. Below are some of the questions included in this quarter’s trucking industry survey.

Are you curious as to how much other carriers are spending on CSA compliance?

Do you wonder if other carriers are utilizing elogs?

Are you comparing your miles per gallon and engine-related maintenance costs on 2007 and 2010 engines?

The survey closed today, Friday, February 22. We estimate that it will take you approximately 5-10 minutes to complete the survey, depending on your selections.

Take the survey now

Originally started in the summer of 2008, Transport Capital Partners (TCP)’s industry survey is now widely recognized by industry leaders and publications. If you have any questions regarding the survey, please contact us at partners@transportcap.com.

 

First Quarter Business Expectations Survey Now Open!

Are you curious as to how much other carriers are spending on CSA compliance?

Do you wonder if other carriers are utilizing elogs?

Are you comparing your miles per gallon and engine-related maintenance costs on 2007 and 2010 engines?

These are some of the questions of this quarter’s Business Expectations Survey, and we invite you and your company to participate.   If you are a principal, owner, or executive, we would be very grateful if you took a few minutes to fill out the questionnaire. This quarter’s survey launches today, Friday, February 8 and will close Friday, February 22. We estimate that it will take you approximately 5-10 minutes to complete the survey, depending on your selections.

Take the survey now! 

 

Originally started in the summer of 2008, Transport Capital Partners (TCP)’s industry survey is now widely recognized by industry leaders and publications. If you have any questions regarding the survey, please contact us at partners@transportcap.com.

Trucking Industry Aims for a Younger Workforce

Today’s Trucking reports that carriers are willing to hire younger employees to drive their fleets. According to the recent TCP Business Expectations Survey, 80% of those surveyed would consider hiring younger workers, provided that they had proper credentials. Currently only about 30% of carriers hire entry-level drivers.

Such a change is a result of a chronic driver shortage. Accord to TCP Partner Richard Mikes,“Everyone in the supply chain needs to recognize the critical need to pay a little more to keep quality drivers moving the freight.”

Read the full article here.

Fourth Quarter Survey Now Open

The Fourth Quarter Business Expectations Survey is now open and carriers are invited to participate. This quarter’s survey questions cover a range of hot topics in the trucking industry in addition to core questions about volumes, rates, and capacity. The questions of this quarter’s survey cover a range of additional topics including:

  • Impact of the presidential election
  • Driver hiring and wages
  • Fuel surcharges and other accessorials

Please email partners@transportcap.com if you are a carrier interested in participating.