We show that two intriguing features of mesoscopic transport, namely the modulation of Coulomb blockade peak-heights and the transmission phase-lapses occurring between subsequent peaks, are closely related. Our analytic arguments are corroborated by numerical simulations for chaotic ballistic quantum dots. The correlations between the two properties are experimentally testable. The statistical distribution of the partial-width amplitude, at the heart of the previous relationship, is determined, and its characteristic parameters are estimated from simple models.