Magazine

May 2010 Issue

Fact Book: Industry Profile

LCT groups together the four big indicators of the state of the industry: Revenues, Operators, Vehicles, and Profits. 2009 as expected was a bottom out year as the recession deepened and took its toll.

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Featured Articles

Operations| May 3, 2010

Fact Book: Industry Income and Your Fleet

Average revenue was down, reflecting the troubles of corporate/business oriented operators. But the median revenue held firm, indicating smaller operators adapted to the challenges and either took over other operators or diversified their client base. Fleet size held steady, despite the economic headwinds. Look for operators to buy more on fleet vehicles in 2010 compared to 2009.
Technology| May 3, 2010

Fact Book: Your Technology

Going forward, technology will be the primary engine of productivity and efficiency in the chauffeured transportation industry. The selections of computer software, GPS services, wireless communication devices, and fleet and flight tracking software programs are growing as operators reap the savings and efficiencies from instant information.

Technology| May 3, 2010

Fact Book: Your Media

2010 will be the year of the online consumer, as this area of the virtual economy has grown despite recessionary forces. Getting to them in a dense media environment requires a savvy approach to online marketing and messaging. Operators who tap the Internet through the explosive growth of social networking understand that a business must be virtual and viral to succeed.
Operations| May 3, 2010

Fact Book: Your Business, Expenses and Employment

In the chauffeured transportation industry, runs, reservations, and referrals determine the flow of business. On the expense side, as customer demand decreased, employment in the industry fell. It led to lower labor costs and a drop in employee raises. This coincides with year-over-year revenue declines ranging mostly from 10% to 40%.
2010-11 LCT FACT BOOK: Looks Like The Worst Is Over
Industry Research| April 30, 2010

2010-11 LCT FACT BOOK: Looks Like The Worst Is Over

The dismal 2009 industry numbers show the low point of the recession. It should be mostly up from here.

YOUR MEDIA: Staying Social & Connected For Business
Technology| April 30, 2010

YOUR MEDIA: Staying Social & Connected For Business

This will be the year of the online consumer, as this area of the virtual economy has grown despite recessionary forces.

Industry Research| April 30, 2010

Charter & Tour: Industry Stays Solid in Tough Year

The second annual LCT Motorcoach Operator Survey supplies a non-scientific snapshot of the charter and tour industry.

Ultimate Custom Coach Lives Up to Name
Vehicles| April 30, 2010

Ultimate Custom Coach Lives Up to Name

The Ultimate Land Yacht, which debuted on the show floor of the 2010 International LCT Show, is a nightclub on wheels.

Publisher's Page: Where Do You Go From Here?
Industry Research| April 30, 2010

Publisher's Page: Where Do You Go From Here?

Information must go hand in hand with a positive attitude for any of it to be useful in your business.

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