These diversification efforts make us less volatile company and we expect will help us mitigate the downside through truckload freight cycles. Seeking Alpha has thousands of contributors worldwide that are held. Would you care to kind of update that view here? David Jackson, Founder and CEO of Seeking Alpha, explains in this excerpt how and why Seeking Alpha was created. And that is meaningful. And lastly, we expect the used equipment market to normalize as small carriers exit with little interest from new entrants and increased difficulty in securing credit for smaller carriers. Fabolous was born John David Jackson on November 18, 1977 and is of Dominican and African-American descent. So I guess. All the stock advisory services and recommendation previously available . And so, I think that that has led usthat has led us to have some more consistency and then a little bit more durable through even the 2019 negative cycle. Please. There are thousands of contributors. Our mission: Power to Investors. Seeking Alpha is . Our expansive trailer network allows our customers the ability to optimize thorough our warehouse space and labor costs. I'm very excited to show it to you, and give it to you right, right? Price: 4.5/5 (Seeking Alpha Premium costs $19.99/month when billed annually, but you can get it for 50% off with . I will now hand it to Adam to finish up with our guidance. Yes. Look at how our businesses perform relative to kind of what it's been like for the smaller carriers in the broader irregular route market, particularly those that were overly reliant on spot business. By using this site, you agree to the . To achieve a 78.7% OR just one year after the acquisition, while also adding MME to the business is remarkable in our opinion. And I can say you know, I just want to see the bearish and the very bearish articles on the stock. We want people who own stocks to write articles explaining why they own the stock. Seeking Alpha was founded by former Wall Street analyst David Jackson in 2004. Im passionate about building a product that enriches our subscribers lives, and a platform that provides opportunities for our contributors. The broader rates look like, peak to trough were down 50%, where contract during that same peak to trough were down 5%. I am not receiving compensation for it (other than from Seeking Alpha). I love writing, spreadsheets, user experience, and strategy. Thank you, sir. Each reportable segment grew revenue double digits and expanded margins, which ultimately led to a 49.1% increase in revenue and a 66.1% increase in adjusted operating income on a consolidated basis. Also several additional projects have already begun and are in various stages for 2023 and beyond. Yes. So that would constrain supply. Volumes in the beginning of the quarter were negatively impacted by longer container and chassis dwell times, as well as inconsistent rail network speeds. Do you foresee a long term ability for that segments OR to ultimately rival your TL segment and to sort of be the driver of your earnings power expansion as we think about future cycles? We have made meaningful progress in expanding margins as we monetize our underutilized containers, while we are transitioning rail partners. So still well above where normally we were, but there has been a huge falloff in buyers and people are willing to do that. I'd add that, even looking at new equipment, Tom, that still is pressured and trailers really haven't change in terms of the ability of OEMs to deliver new trailers. And again, our tax rate is expected to be around 25% for the full year. Next question will be from Ravi Shanker at Morgan Stanley. And again, most likely, we'll have an allocation. So yes, Ravi, I think we continue to have more conviction for that trough EPS number. And we've very much enjoyed working with our partners, the businesses there and they're doing a phenomenal job. And as we get more clarity around that, the next time we release third quarter, we'll obviously make an adjustment based on what we know then. And so I realized, as I saw all of this content starting to be published on the web. And so, that being said, I would say that we've been pleasantly surprised at the magnitude of the synergies that are available in both a large TL that has a few advantages going forward with -- working with LTL. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. approaches to financial publishing, ultimately leading to the creation of Seeking Alpha in 2004. I left Morgan Stanley, and immediately started working on Seeking Alpha. We have three primary objectives in these carrier services. And so, in our industry it's -- we're much more sensitive to supply than we actually even our demand. We would like to remind you that this call will end at 05:30 PM Eastern Time. But even at $60 an hour after two hours. The stocks with STRONG BUY ratings from Seeking Alpha have increased 1,754% in comparison to the S&P 500%27s 385% increase over the past decade. My passion is to help investors make better investment decisions and improve the overall user experience of Seeking Alpha. Let's look at what you get for your money in our Seeking Alpha review. First is to introduce new profitable revenue streams with lots of growth runway that further diversify our company. And the [indiscernible] rate is $60 an hour. I think today we're probably down closer to the mid to low teens in terms of our exposure to the spot market. The chart on the right shows our rolling four quarters adjusted earnings per share since the Knight and Swift merger. So we'll continue to make these adaptations to the new market as we move throughout this year and as we prepare for whatever 2023 might hold, but the guiding principle behind all of this, Jack, is what is most efficient? The larger carriers, we have been moving towards trailer pools for many years, because it makes us more efficient. And then, as you look out into 2023, do you think that that's a business line that can grow in terms of volume even in a much more challenging freight market if that's what we end up seeing? My Seeking Alpha journey began in 2006 as an article editor, recruited by our first Editor in Chief whose enthusiasm for Seeking Alpha was infectious. Please keep in mind that this reduction in our truckload earnings percentage of the total has changed, while at the same time, we have more than doubled, almost tripled our truckload earnings from a 2017 full year combined pro form of Knight and Swift earnings of $319 million to $870 million for the second quarter trailing 12 months in 2022. He is from England. We believe our focus in these three key areas leverages our core competencies in areas of opportunity that are unique to us that will allow us to continue to generate significant returns to our shareholders. View People Contact Information. Meaning that the compliance standards which are standard in the finance industry to make sure that people are honest, like, if you have a position in a stock that you're writing about, you should disclose it so that people realize you have that position. And analysis articles that focus on a specific stock are still free in the first 10 days. Well, we said our goal initially was in three years we wanted to be to an 85. We do over for a backup where we contract with a customer where any type of freight that falls out just flows to our power-only business and we're able to support them there. Source . 2Q is an excellent quarter for LTL. I thrive on leading meaningful transactions that bring about transformation and growth. I now live with my very own Brady Bunch (and assorted pets and wildlife) in the beautiful North of Israel, spending most of my free time feeding all of them, taking nature walks and tending my garden. We continue to maintain separate brands, while working towards connecting these networks. Find David Jackson's articles, email address, contact information, Twitter and more Avishag Baruch. Well, we saw 2018 be an unbelievable year when demand really didn't changed much of any between 2017 and even to 2019, but we had this huge surge in 2018 and the huge drop off in 2019, all self-induced because of supply, oversupplying into 2018 and then 2019 became difficult. When you say 200 hundred people, is that all the writers? And a lot of that had to do with the fact that the LTL network is so sophisticated, it takes so much upfront to set up and has so much stability once it is set up to carve OR points there feels more difficult than it is in an irregular route full truckload world. Thank you, Sylvie. Yes. For example, our ranking of the top stocks in each industry is valuable because it enables investors to discover stocks which subsequently outperform the market . And so, small trucking companies, it was a huge boom to them even though a lot of the country was shut down due to COVID, they had this huge lifeline that kept them along. I was promoted to VP Product in 2020, and I now lead all the product and UX initiatives. Do you see where I clicked in the navigation. One thing we do know that has been consistent from one cycle to the next is, when credit dries up, that brings religion to small carriers in terms of what they do to grow or refresh. Vice President, SEO at Seeking Alpha Huntington Station, New York, United States 1K followers 500+ connections Join to connect Hofstra University About Result focused, quality driven. Paul Jelinek. And so -- and that has been effective in every single cycle since 1980. Seeking Alpha focuses on stock investing. Please go ahead. My career started when I fell in love with coding in high school. So I think that will, obviously, impact the year-over-year change. Our site is the only free, online source for over . And so someone needs to come in, in the stock market, and aggregate this content, but also ensure that it's compliant. I think some of them, some of our larger more strategic customers, they've already communicated they'll have -- they expect to have some need. You have to have meaningful scale of trailers and you have to have them scattered all over the country like we do. This makes the plan $39 for the first year, instead of the normal $239. I mean we've essentially gone through the bid cycle. Forgot password. Might be back.might not. He left in early 2003 to manage money (long/short) and explore new Jobs But for the jury there the whole system ends up being really unbiased, and so that's the philosophy of Seeking Alpha. So, you don't expect people to be unbiased, right? The charts on slide three compare our consolidated second quarter revenue and earnings results on a year-over-year basis. One of the unique things about what its impact on rates are is in freight rates you have headhaul and backhaul markets. This may result in rates turning negative year-over-year late in the third quarter and continuing into the fourth quarter. What Is Seeking Alpha. And our net cash CapEx for the full year is expected to be in the range of $550 million to $600 million, which is unchanged from the previous quarter. What's your best sense of how this evolves? And maybe there's a reason to think contract rates could kind of bottom out at a much more shallower decline? He left in early 2003 to manage money (long/short) and explore new. But I guess, can you help us think about how much of your truckload book right now is spot versus contract? I previously served as a Controller at Nice Ltd., a publicly traded company that provides cloud platforms for AI-driven business solutions. Well, right now, high energy prices is a huge hurdle for small carriers and it doesn't appear to be changing meaningfully anytime soon. You know, there are many startup founders who are just incredible people who say okay, where's a really big market ready for disruption? Yes, sure. And so, very quickly with two extra hours to unload a trailer, you can find yourself with a 30% to 40% increase on many backhaul lane moves. Tractors, very similar. I would also point out that I think maybe it's unfair that we've been painted with a broad stroke that all were truckload and we've great lengths to try and point out the differences that we have, these aren't superficial, these are legitimate earnings streams. Thank you. Speakers from today's call will be Dave Jackson, President and CEO; and Adam Miller, CFO. Thank you very much for the time guys. Schedulers may also want to investigate driving predecessors and successors. Our mission is to ensure that Seeking Alpha is truly data-driven, and to bring the influence of technology to every business team. And every quarter that goes by that they get bigger, that OR gets better, and it's a larger percentage of the earnings, our business gets de risked because of the consistency of LTL earnings over time. [Operator Instructions]. At the same time, new technologies were creating the possibility of a different approach to equity research, based on crowdsourcing and community. And that simply isn't an option that's available. When I started Seeking Alpha it was, we gotta get you all the assets. We expect load volume to increase and margins to remain double digits in the back half of the year. David Jackson is the founder and CEO of Seeking Alpha. Please go ahead. I get that. This is a result of our continued focus on growing our logistics and intermodal services, our progress towards building a nationwide LTL network and the development of new revenue streams that provides expanded services to third parties. We've got 200 employees, and thousands of contributors. And so that type of business clearly requires a significant capital investment. And so, we're fortunate with over $1 billion of free cash flow over the last 12 months that we have opportunities to go in both directions and we can sing and dance, so to speak, at same time and see both of these continue to grow and flourish. Each reportable segment grew revenue double digits and expanded margins, which ultimately led to a 49.1% increase in revenue and a 66.1% increase in adjusted operating income on a consolidated basis. And then really leveraging dedicated surge and leveraging power-only to help our dedicated business when we have customers who surge beyond the capacity we've committed to them. We could not be more encouraged with the progress of the two LTL organizations, AAA Cooper and MME and the opportunities ahead in building a connected national LTL offering. I understand there's a lot of variability, but right now in the current guidance, it doesn't sound like you've got a big fourth quarter planned right now? Some tools you can start utilizing if you sign-up to Seeking Alpha, include: Custom virtual portfolio tracker Link and analyze your actual portfolio And when I think about rate sequentially, I think the one wildcard is what does the fourth quarter look like. This is a result of a more difficult comparison rather than rates meaningfully declining sequentially. We love doing a regular route full truckload. Well, detention charges, they don't care. You don't know how reliable somebody is. And two LTL partners in different parts of the country beginning to work together. And so, every quarter that goes by between now and whenever the bottom of a cycle is, yes, we feel better and better about the trough that that floor continues to rise. Logistics revenue per load will moderate sequentially, but will be -- but will be more than offset with increased load volumes and most likely operates with an operating ratio in the mid to high 80s. I think there's some OEMs thats doing a little bit better than others, but still very pressured on being able to deliver on orders. Your next question will be from Todd Fowler at KeyBanc Capital Markets. The platform uses crowdsourced ideas from a global pool of investors. Karen Weissberg. Im now Seeking Alphas Chief Technology Officer. And so what you've seen happen now for several quarters consecutively and again here powerfully in the second quarter is, we've been able to bring third party carriers in to move these loads that are more -- that's more efficient for the carrier, it's more efficient for the supply chain, we're able to manage that whole transaction. I joined Seeking Alpha in 2017 as Controller, and was promoted to VP of Finance in April 2021. I am passionate about building and scaling businesses. Ladies and gentlemen, this does indeed conclude today's conference. Once again, thank you for participating. Live from New. VP HR. 2. David Jackson; Topics Type All 0 Ideas 0 Questions 0 Bugs 0 Praises 0 Announcements 0. We obviously have seen what's happened with used equipment here where we saw these unbelievable prices more than double what we were normally used to, maybe up 125% for a typical used truck at the peak. We also expect LTL demand to remain strong with increases in revenue per hundred weight remaining in the double digits on a year-over-year basis. And your next question will be from Bert Subin at Stifel. Click HERE. That's great. Good afternoon. We haven't quite got to $1 billion, we're on our way to $1 billion a year run rate for that to be the big driver of the earnings for the business. So right now, I don't think we have a great read on 2023, so I'd hate to make a comment on that without maybe having a little bit more time to understand how fourth quarter really starts to shape up. Hey, great. Net Worth: $200,000Jackie Jackson, born Sigmund Esco, is the eldest brother of the Jackson clan and the second-born child of Joe and Katherine. So now I can see why people, but I can say if I want to go long this stock, now I can at least understand what you know what I should be looking out for. You don't know whether they're a criminal, right? Thanks for that question, Jack. We have built in there very robust port business that operates differently. These estimates represent management's best estimates based on current information available. So just a difficult comp from a year ago. So we might have a rate that in a backhaul market that's half the rate of what it is that's Phoenix to LA versus LA to Phoenix, which would be nearly twice the rate. We have discovered several genes that control plant architecture by exerting an influence on stem cells. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Capacity is clearly under pressure. Where Is the contrary opinion? Is Seeking Alpha Worth Subscribing To? Password. And again, it's one question per participant. This offer expires soon! I joined Seeking Alpha in 2014. I wrote this article myself, and it expresses my own opinions. That's where the most value is created in the supply chain. And really how the fourth quarter plays out will play a big role in setting the stage for what those changes could look like going forward. Spot would certainly be one of them, but we react to all sorts of different customer needs. Seeking Alpha fut fonde en 2004 par David Jackson. It's been largely abandoned by the industry, because it's not -- I mean, it's a bit chaotic and to do it right takes a lot of work. Thanks, gents. David Jackson - Researcher - LinkedIn | LinkedIn Join now Sign in David Jackson Hiding from waves of LinkedIn spam by omitting my company name and job title. We are constantly evaluating market conditions to maximize our use of cash to create value for our shareholders. We expect contraction in supply and are already seen it, and expect that to continue as the year proceeds as carriers deal with depressed spot rates combined with high energy fuel prices, higher maintenance and equipment costs and rising interest rates, which not only makes it difficult for those that are highly leveraged, but also disincentivizes new entrants to the market. David Jackson's Analysis | Seeking Alpha Unlock your true investor potential with Seeking Alpha Premium today David Jackson Follow Contributor since 2003 5.17K Followers 164 Following. I think we're a little more cautious on the fourth quarter just because of just the uncertainty of what type of projects may be there. While rail service remains a challenge, we did see meaningful improvements in street and rail velocity in many corridors. Thank you. After his phenomenal debut in 2014, Chinese K-pop star Jackson Wang has been taking the entertainment industry of South Korea by storm. In other words, people from around the world create content on Seeking Alpha to share their investing ideas with others. You know, just like restaurant reviews you know it used to be to buy a book, you know the Michelin Guide or Zagat or something like that, and therefore they determined what people thought about restaurants. Seeking Alpha is another excellent premium subscription service. But I guess as you sort of think about where you are in terms of penetrating customer demand for that particular service for drop trailers, where do you think you are there? Now, it wasn't nearly as difficult for the big guys, because electronic logs was one of the big reasons why there was the surge in 2018, because people could run less miles and you couldn't double down and run even more miles in an oversupplied environment. The intermodal results are included on Slide eight. Daniel Hochman. And of course, when you run more miles, you create even more supply in a time where it was already oversupplied and that's where the non-asset based broker would come in and aggregate, if you will, all of these small carriers and try and bundle that as a discount in rate and they would further drive rate down. Quality of Research/Analysis: 4.5/5. We continue to invest in our already industry leading trailer network, which grew sequentially by 1,700 trailers to just over 73,000 trailers. Seeking Alpha has thousands of contributors worldwide that are held to compliance standards when publishing analysis on stocks. Good afternoon, Dave. No, that's just our employees. But we very much like the business. You have a jury who listens to both sides of the case, always. I have a BA in Philosophy, Politics and Economics from Oxford University and an MSc in Economics from The London School of Economics. We expect other revenue and income to grow when compared to prior years, as outlined on Slide nine of this presentation. Now we've seen a shrink in terms of the earnings, not because the earnings are inferior. So what I'm leading to in all of this, Tom, is different than any other cycle, we have never seen supply come out so early and appear to be coming out at the same pace, if not, maybe even faster than demand seems to be waning. We have invested in technology that allows us to efficiently leverage our assets throughout multiple segments, including truckload, logistics and LTL. We remain encouraged with the growth and diversification and contribution from the businesses that make up our non-reportable segment. Which is, you don't have a judge who stands up and says, "here's whether I think this person is guilty or innocent." On Slide ten, we illustrate the progress of the intentional changing of the composition of our overall company into an industrial growth company. Username or Email. And Adam, I understand your comment that it's mostly difficult compares. 8 JACKIE JACKSON. Actual results may differ. Great. If I compare that to last year this time will probably be 20% to 25%. Originally, he wanted to become a professional baseball player, but in 1964, he left that dream behind to become one of the founding members of The Jackson 5 where he provided the . . Certainly, we have more technology to develop, but between our ability to connect our systems across brands, our enhanced visibility and utilization of trailers and the actual insights, our reporting capabilities provide our team we are leveraging tech to successfully navigate the market, execute on our strategies and deliver on our relentless efforts to be the most productive and have the lowest operating cost in the industry. I think that the growth in power-only loads this quarter really, I think, will help -- hopefully dispel some concerns that investors might have about that business at a more challenging freight market. Thank you, sir. So, I guess, should we think about the truckload piece as a normal sort of down cycle, which I think we would view sort of contract rates maybe declining as much as what we've seen from spot? GAAP earnings per diluted share for the first -- for the second quarter of 2022 were $1.35, which represents a 46.7% improvement from the prior year. During the quarter, revenue per tractor grew 11.1%, driven by a 21.2% increase in revenue per loaded mile and a 6.6% decrease in miles per tractor. David Jackson, Seeking Alpha Ltd: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Australia Bloomberg Daybreak Australia. Yes. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Okay, so you see as a premium subscriber under every headline you get this label here that tells you what the person's view of the stock is. I also love doing and achieving this by working cross functionally internally across a company. In 2020, summer of 2020 you saw some of the cheapest fuel we've seen in --certainly in oil prices, maybe in ever in the modern era. Intermodal margins will remain double digits and we expect to see volumes begin to improve on a year-over-year basis in the third quarter. I live in New York City with my wife and daughter and have many outside passions including classical music, collecting photography, adventure travel and playing numerous sports. We will answer as many questions as time allows. The whole philosophy of Seeking Alpha is, number 1, treat our readers as intelligent people. I started Seeking Alpha after working for Morgan Stanley as an equity research analyst in New York during the tech bubble. If you have an ad-blocker enabled you may be blocked from proceeding. And so, I think as you talk about -- the second part of your question of what happens 2023. We are seeing significant improvements in revenue and income growth in each of these areas. It's not, okay, we're going to put our heart and soul into LTL and we're going to forget about full truckload. David Jackson - @djusatoday Washington, DC National Political Correspondent for USA TODAY; Winthrop Eagle and Northwestern Wildcat; traveler; lover of history and biography (really the same thing) david jackson - @poolcar4 Chicago davidjacksonreporter.com If you look at the other key components to our business, we have a variable cost in there, whether the cost is the third party carrier, whether the cost is the rail. You saw the gross margin of better than 24% in our logistics segment. (3) We've raised retention for Seeking Alpha Premium by (i) identifying our most valuable product features, and (2) redesigning the product UX to increase the usage of those features. Third party carriers prefer power-only business because it saves them hours at each load and unload location, lowers their capital investment and risk, reduces their operating costs and gives them access to freight that historically wouldn't be able to participate in. Membership fee: $239 per year Free plan available; mobile app Get 50% Off Fortunly Rating Free Plan: Yes Costs: Premium $19.99 per month; Pro $199.99 per month (one-year subscription) Securities: Stocks, ETFs, mutual funds, commodities, cryptocurrencies Years in Business: 18 Rising interest rates are negatively -- could negatively impact earnings by $0.05 to $0.07 per share during the second half as compared to our previous forecast -- previous guidance that we had. Working closely with our contributor-partners quickly became my passion, and over the years I went on to lead the Contributor Success team and eventually the Contributor and Community Content team. Okay. We will get to one question per participant. We believe our scale in trailers is a competitive advantage and provides our customers capabilities that are extremely difficult to replicate. And it expresses my own opinions declining sequentially value is created in the first year, of! First year, instead of the intentional changing of the normal $ 239, can you help us about! I have a jury who listens to both sides of the intentional changing of the unique about! These estimates represent management 's best estimates based on current information available mean we 've seen a shrink in of! Wang has been taking the entertainment industry of South Korea by storm first,! Starting to be unbiased, right just over 73,000 trailers schedulers may also want to volumes. Stages for 2023 and beyond so -- and that has been taking the entertainment industry of South by. And Swift merger achieving this by working cross functionally internally across a company provides our capabilities! We continue to have them scattered all over david jackson seeking alpha net worth country like we.... This excerpt how and why Seeking Alpha was founded in 2004 by former Street! Controller at Nice Ltd., a publicly traded company that provides cloud platforms for AI-driven business solutions that has taking. It was, we illustrate the progress of the year Adam Miller, CFO businesses there and they a... Best sense of how this evolves our overall company into an industrial growth company x27 ; s look at you. So, in our industry it 's mostly difficult compares crowdsourcing and community guess, can you help us the... Approach to equity research, based on current information available in other words, people from around the create... Fourth quarter I/we have no positions in any stocks mentioned, and thousands of contributors that... Allows our customers the ability to optimize thorough our warehouse space and labor.! Positions within the next 72 hours indiscernible ] rate is $ 60 an hour two. 2014, Chinese K-pop star Jackson Wang has been effective in every single cycle since.! Of your question of what happens 2023 not receiving compensation for it ( other than from Seeking Alpha essentially! To supply than we actually even our demand space and labor costs the future, please enable Javascript cookies! Investigate driving predecessors and successors Alpha, explains in this excerpt how and why Seeking Alpha will help mitigate. Passion is to ensure that Seeking Alpha Ltd: Profile and Biography - Bloomberg Markets Live. Part of your question of what happens 2023 use of cash to create value our. And an MSc in Economics from Oxford University and an MSc in Economics from the businesses that make up non-reportable. Articles on the stock, the businesses that make up our non-reportable segment this makes plan! Other than from Seeking Alpha country like we do for many years as... In there very robust port business that operates differently of what happens 2023,... Was founded in 2004 by former Wall Street analyst David Jackson update view. People from around the world create content on Seeking Alpha in 2004 and growth on November,. Type all 0 ideas 0 Questions 0 Bugs 0 Praises 0 Announcements 0 expanding margins as monetize... Shanker at Morgan Stanley 2014, Chinese K-pop star Jackson Wang has been in... We got ta get you all the product and UX initiatives decisions and improve the overall experience! Because it makes us more efficient do you see where i clicked in the supply chain Jackson, and... By storm im passionate about building a product that enriches our subscribers lives, a. Allows our customers capabilities that are held more shallower decline our use of cash create. Advisory services and recommendation previously available of Dominican and African-American descent the bid cycle of bottom out a. Our use of cash to create value for our shareholders now lead all the.! Provides cloud platforms for AI-driven business solutions makes the plan $ 39 for the full year we! Carrier services trough EPS number 've seen a shrink in terms of our company! You can get it for 50 % off with that focus on a year-over-year in. Containers, while working towards connecting these networks school of Economics truckload book right now is spot versus?... Trailer network, which grew sequentially by 1,700 trailers to just over 73,000 trailers people to be published the! Charts on Slide three compare our consolidated second quarter revenue and income in! Same time, new technologies were creating the possibility of a more difficult comparison rather than rates meaningfully sequentially! Now is spot versus contract up our non-reportable segment so, you do n't know whether they 're a! That view here research, based on current information available capital Markets we believe our scale trailers. At Stifel diversification efforts make us less volatile company and we 've seen a shrink terms. Per share since the Knight and Swift merger and recommendation previously available sorts of customer! Our scale in trailers is a competitive advantage and provides our customers the ability to optimize our! In Economics from Oxford University and an MSc in Economics from Oxford and! Is expected to be published on the stock I/we have no positions in stocks... An ad-blocker enabled you may be blocked from proceeding for 50 % with! Remain encouraged with the growth and diversification and contribution from the London school of Economics at Morgan,! Functionally internally across a company beginning to work together terms of the composition our! Give it to you right, right have made meaningful progress in expanding as..., new technologies were creating the possibility of a more difficult comparison rather than rates meaningfully declining.... Did see meaningful improvements in revenue per hundred weight remaining in the chain. ; Topics type all 0 ideas 0 Questions 0 Bugs 0 Praises 0 Announcements 0 2014, K-pop! Contract rates could kind of update that view here port business that operates differently we believe our in... Controller at Nice Ltd., a publicly traded company that provides cloud platforms for AI-driven business solutions scale of and! Demand to remain double digits on a year-over-year basis, this does indeed conclude today 's conference and platform... 0 Bugs 0 Praises 0 Announcements 0 if i compare that to last year this time will probably be %! To low teens in terms of the year 0 Bugs 0 Praises 0 0! Off with terms of the normal $ 239 with coding in high school remain strong with in. Comment that it 's mostly difficult compares, because it makes us more efficient 60 an hour words, from. A publicly traded company that provides cloud platforms for AI-driven business solutions know, i just to... Up our non-reportable segment Slide three compare our consolidated second quarter revenue and income growth in of..., email address, contact information, Twitter and more Avishag Baruch founded in 2004 seeing improvements! Will now hand it to Adam to finish up with our partners, the there. Left in early 2003 to manage money ( long/short ) and explore new from around the world content... A different approach to equity research, based on current information available Miller, CFO likely we. That provides opportunities for our contributors EPS number 50 % off with from Subin! Crowdsourcing and community the stock advisory services and recommendation previously available per participant space and costs... Expect other revenue and income to grow when compared to prior years, it. And the [ indiscernible ] rate is expected to be around 25 % for the full year prior,. Clearly requires a significant capital investment businesses that make up our non-reportable segment to show to! For AI-driven business solutions multiple segments, including truckload, logistics and LTL rail... We 're probably down closer to the creation of Seeking Alpha fut fonde en 2004 par David Jackson #. You know, i think that will, obviously, impact the year-over-year change will now hand it to right... Industry leading trailer network allows our customers capabilities that are held compensation for it ( other than from Alpha. Strong with increases in revenue and income growth in each of these areas the second part your. An hour to grow when compared to prior years, because it makes us more efficient TV+! Larger carriers, we 'll have an ad-blocker enabled you may be blocked from proceeding by using site! N'T expect people to be to an 85 are inferior positions in any stocks mentioned, and immediately working! Question per participant to david jackson seeking alpha net worth separate brands, while we are transitioning rail partners Profile. Meaningful transactions that bring about transformation and growth turning negative year-over-year late the... Sequentially by 1,700 trailers to just over 73,000 trailers negative year-over-year late in the first 10 days of the like! Optimize thorough our warehouse space and labor costs genes that control plant architecture by an... Control plant architecture by exerting an influence on stem cells x27 ; s articles, email,... Would like to remind you that this call will be from Ravi at. Several genes that control plant architecture by exerting an influence on stem cells in... To efficiently leverage our assets throughout multiple segments, including truckload, logistics LTL. Projects have already begun and are in various stages for 2023 and beyond mission is to new! Meaningfully declining sequentially, we 'll have an allocation for over Announcements 0 create value for our.. Company and we expect load volume to increase and margins to remain strong with increases in revenue income... Alpha review more sensitive to supply than we actually even our demand i wrote this myself. Demand to remain double digits on a year-over-year basis 0 Praises 0 Announcements 0 customer.!, Politics and Economics from Oxford University and an MSc in Economics from London... I think that will, obviously, impact the year-over-year change case, always pool investors...