We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Survey: Motor carrier execs unhappy with election outcome
inbound

Survey: Motor carrier execs unhappy with election outcome

January 3, 2013
DC Velocity Staff
No Comments

Barack Obama may have won the 2012 presidential election, but he apparently did so with little help from the trucking industry. Ninety-three percent of the carrier executives surveyed by Transport Capital Partners (TCP) for its Fourth Quarter 2012 Business Expectations report indicated they were not happy with the election's outcome. Only 1 percent of the larger carriers who participated in the survey gave Obama's re-election a thumbs-up, while the 9 percent of smaller carriers who are primarily sole proprietors or LLCs did the same, the firm said.

The looming "fiscal cliff" is a source of uncertainty for the majority of respondents. Fifty-two percent said they are not making plans until they know how Congress will handle taxes and spending cuts. "Most carriers are in a 'parked' mode, and decisions are either deferred or changing until the 'cliff' is addressed," said Richard Mikes, a TCP partner. "Uncertainty about the tax picture for 2013 is [pushing] some carriers to accelerate merger and acquisition activity before the year closes, and many deals are being pressured as buyers and sellers are uncertain about what 2013 holds for them," Mikes and partner Steven Dutro said in a statement.

Chattanooga, Tenn.-based TCP provides advisory services related to transportation mergers and acquisitions, capital sourcing, operations, and long-term strategy. The firm has conducted the quarterly survey of carrier executives' concerns and expectations since 2008. For more information, visit www.transportcap.com.

Transportation Trucking Regulation/Government
KEYWORDS Transport Capital Partners
  • Related Articles

    high tech gets low grades: survey finds shippers unhappy with their supply chain systems

    unhappy with their hours

    FMCSA to propose major change in formula for rating motor carrier fitness

Recent Articles by DC Velocity Staff

Logistics gives back: February 2023

Intermodal sector weathered a “challenging” year in 2022, IANA says

Nocturnal robots stock store shelves

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

  • Maersk deploys indoor drones for warehouse inventory counts

  • Outlook 2023: What’s in store for logistics/supply chain?

Now Playing on DCV-TV

5afe63a5 7125 4318 b851 1e5738df1c91

Patterson Fan Co. | HVLS V-Series Ceiling Fan | Staging Area Air Movement

DCV-TV 4: Viewer Contributed
The Patterson V-Series is a high-volume, low-speed industrial ceiling fan that is designed to circulate a lot of air at a very low speed. These fans, ranging in diameters of 8’ all the way to 24’, are perfect for large, open spaces such as staging and shipping areas. One 24’ fan can generate a cooling effect of 6 –...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing