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 that is meaningful. 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 continue to be excited about this business and have several projects ongoing that will improve the experience for our third party carriers. And analysis articles that focus on a specific stock are still free in the first 10 days. In the Dec. 31, 2020 announcement, David Jackson, founder and CEO, and Daniel Hochman, vice president of product, wrote that "more than 70,000+ investors have already subscribed to Premium and have unlimited access to all that Seeking Alpha Premium has to offer." [24] See also [ edit] Alpha (finance) Value Line Security analysis Securities research Seeking Alpha has thousands of contributors worldwide that are held. We have used the recent bid season to develop a freight network that better aligns with the Union Pacific network, with much of that volume coming on throughout the third quarter. This guy is bearish on Facebook, right? And we've very much enjoyed working with our partners, the businesses there and they're doing a phenomenal job. They've proven that out. Next question will be from Thomas Wadewitz at UBS. But now I can read an article by somebody who's bearish on the stock who sold the stock, right? Whether they're bullish or bearish. Hey, good afternoon, and thank you for taking my questions. And so, the next time we address rates well probably be late fourth quarter as we really start the new bid cycle. Our adjusted operating ratio of 78.9% was a 200 basis point improvement over the prior year and was the fourth consecutive quarter in the 70s. Quality of Research/Analysis: 4.5/5. . Please go ahead. Feb. 18, 2014 -- Investment research website and blogging forum Seeking Alpha is in hot water after an anonymous blogger revealed that billionaire David Einhorn was secretly buying up shares in a tech company. Additionally, we continue to make investments in the growth of this business and added 450 containers in the second quarter and plan to add an additional 1,500 throughout the rest of the year. Chris, we're going to answer this in record time, because we're down to -- we're about out of time right now. We love doing a regular route full truckload. Text is available under the Creative Commons Attribution-ShareAlike License 3.0; additional terms may apply. Start Your Seeking Alpha Premium Free Trial. To begin, we'll move you to Slide two, where I'll read the disclosure. Two is to leverage existing expertise in areas where we've proven industry leading results, such as risk management, maintaining equipment and purchasing. 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. 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. Labor challenges within the rail network appear to be softening, leading to improved notification times and more consistency for our customers. Previously, David was the Researcher at LinkedIn. Profitly Login. 1. Fabolous was born John David Jackson on November 18, 1977 and is of Dominican and African-American descent. And then also not looking for guidance, but any thoughts on how contract rates will progress into 2023, just given where the spot market is right now? That gets us very excited. In addition, he makes $2,531,869 as Pres and CEO & Director at Knight-Swift . 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. In other words, people from around the world create content on Seeking Alpha to share their investing ideas with others. As I've used it, I haven't seen that, and that's something I think you need to guide me through when we do this. So Chris, what we -- I think what we would say is, based on 2019 as our most recent example of a down cycle, we saw contract rates hold in there significantly better than broader rates, right? I love writing, spreadsheets, user experience, and strategy. Each of the brands has its own unique competitive advantages, whether that's based on the region or doing more expedited or in some cases a little longer haul. David Ganek: Delivering Alpha Unfiltered. 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. So for example, you've got the electronic logs. In this review I will tell you how it has performed over the last 6 years, how it compares to Stock Advisor, and let you decide if it is worth it. The loss reduced both the GAAP earnings per diluted share and the adjusted earnings per share by $0.16. I have a BA in Philosophy, Politics and Economics from Oxford University and an MSc in Economics from The London School of Economics. Actual results may differ materially from these estimates. This conference call and presentation may contain forward-looking statements made by the company that involve risks, assumptions and uncertainties that are difficult to predict. Seeking Alpha. In fact, the earnings are phenomenal there. And I think that's why we like this as a nice complement to our core business. 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 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. The broader rates look like, peak to trough were down 50%, where contract during that same peak to trough were down 5%. I think today we're probably down closer to the mid to low teens in terms of our exposure to the spot market. We have identified several locations to develop or expand our LTL footprint through the rest of the year on an organic growth side, we expect to add 300 additional doors at nine new or existing facilities. Click here. The chart on the right highlights the percentage of revenue during the second quarter of 2022 from each of our four segments, as well as the percentage of revenue from our other services, which include our rapidly growing insurance, equipment and maintenance, equipment leasing and warehouse services. And then, suddenly, restaurant reviews moved to Yelp. I imagine at least partially as a result of fuel and then clearly you had super strong yields there. 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. So still well above where normally we were, but there has been a huge falloff in buyers and people are willing to do that. And that's all before we get to the dead horse that we keep beating that is, trailers matter, trailers make a difference. A subscription to Seeking Alpha Premium unlocks thousands of research reports on nearly every stock you may be interested in, making it a unique and invaluable research tool. I previously served as a Controller at Nice Ltd., a publicly traded company that provides cloud platforms for AI-driven business solutions. Is Seeking Alpha Worth Subscribing To? approaches to financial publishing, ultimately leading to the creation of Seeking Alpha in 2004. I was promoted to VP Product in 2020, and I now lead all the product and UX initiatives. One of the unique things about what its impact on rates are is in freight rates you have headhaul and backhaul markets. But even at $60 an hour after two hours. After that, then there's a detention charge. And just to clarify, we're saying $20 million to $25, we're not seeing $20 million to $25 million per quarter. Don't have a Profit.ly account? I am a qualified attorney in Israel and New York. We expect these services to continue to grow and provide us with income streams that are less prone to volatility through economic cycles. Recruiting and retaining drivers continues to be a challenge, but we are seeing improvements sequentially in our ability to recruit drivers. Well, that's completely unacceptable and would never work within supply chains. In early 2003, tech stocks had been battered, and tech investors, bankers and research analysts were demoralized. 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. And Adam, I understand your comment that it's mostly difficult compares. Forgot password. Our truckload earnings now represent only 61% of earnings, which represents a meaningful shift from where we were in 2017 as noted in the graph when we did the Knight and Swift merger. The chart on the right shows our rolling four quarters adjusted earnings per share since the Knight and Swift merger. We believe our scale in trailers is a competitive advantage and provides our customers capabilities that are extremely difficult to replicate. When AAA Cooper joined the KNX family last year, one of our stated goals was to improve the OR performance from the high 80s to the mid-80s over a three year period. Counted among the most popular K-pop idols, Wang's massive success, both as part of GOT7 and as a solo artist, has earned him worldwide fame, a growing fan following and endorsement deals with major luxury brands. We're pleased to report meaningful contributions in earnings from each area as noted on the graph. Whether its a major strategic partnership or acquisition, I genuinely believe all successful businesses can only be realized with a high performing and cohesive internal team. 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. Please go ahead. Seeking Alpha New Year's Sale - 83% OFF Seeking Alpha is running a massive 83% discount on their annual premium plan. Our R&D teams deliver cutting-edge technology based on robust processes and best practices, using agile software development methodology. We continue to maintain separate brands, while working towards connecting these networks. Our strategy continues to focus on diversifying our business, while improving both margin and revenue in each segment. Peter Way Associates: Provides investment professionals with forward-looking, market-derived Risk:Reward tradeoff assessments for widely held and actively traded common stocks and ETFs.Ryan. Daniel Hochman. What Is Seeking Alpha. So hopefully that answers your question, Chris. And yes, there's some fuel surcharge benefit, but you've noted the fact that there was meaningful double digit yield improvement. David Ganek is a man on a mission, a hedge funder who believes he was wronged by an overzealous prosecutor who raided his offices in 2010 and charged the . Okay. Over the years, we've demonstrated our ability to effectively acquire and improve truckload businesses. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Our Logistics segment continues to grow at a rapid pace, while expanding margins. We anticipate that sourcing and retaining drivers will continue as it has been -- continue to improve as we have seen thus far as it has been particularly challenging for small carriers and we are seeing signs of drivers looking for new opportunities. Yes, I would tell you that every quarter that goes by that we continue to see improvement in margins, improvement in revenue, it gives us more conviction for a higher and higher trough. I mean, if you looked at our operating income, there's -- that's an operating income number that rivals the biggest market caps of anybody -- of full -- of companies moving full truckloads, whether that's over the rail or whether that's over the road in our transportation space. What caused you to create this thing? Next question will be from Ravi Shanker at Morgan Stanley. 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. St. Olaf College Alumni Founded Companies, Deakin University Alumni Founded Companies, Boise State University Alumni Founded Companies, Dartmouth College Alumni Founded Companies, Startup School by Y Combinator Alumni Founded Companies, Vellore Institute of Technology Alumni Founded Companies, Center for Digital Technology and Management, CDTM Alumni Founded Companies, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. We continue to invest in our already industry leading trailer network, which grew sequentially by 1,700 trailers to just over 73,000 trailers. But I personally am deeply involved in our product because I use it. Operating income increased by 143.8% as the operating ratio improved from 95% to 89.3%. Seeking Alpha is the world's largest investing community. 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. It is not the same to have one truck and one driver show up that have to be unloaded immediately versus somebody who staged hundreds of trailers at a customer facility and give them all kinds of efficiencies. Investors read our financial news to gain insight into stocks future earnings and price trajectory, and to find new and exciting opportunities. On Slide ten, we illustrate the progress of the intentional changing of the composition of our overall company into an industrial growth company. The Seeking Alpha site has only one agenda, and that is to help its readers become better prepared and smarter investors. And I think we have probably less visibility to the projects or type of surge opportunities we may have in the fourth quarter than we typically do this time. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. No, that's just our employees. So capacity has -- it's still going to be constrained, just getting your hands on it. Hey, thanks guys. And what you're noticing is we're able to do it in a very high return way on our income statement. Status All 0 Opened Unmarked 0 Active 0 Under review . If you've been thinking about getting it, there's no better time than right now. 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. And let them evaluate it, and let them choose for themselves. And so, all indicators are that supply is contracting already as we speak. It's a huge discount that they only run once a year. These factors contributed to a 39.2% increase in revenue per load, partially offset by a 17.2% decrease in load count. 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 wrote this article myself, and it expresses my own opinions. Select this result to view David L Jackson's phone number, address, and more. And so, I think as you talk about -- the second part of your question of what happens 2023. The website can be contacted by email or via phone call, and its mobile app offers instant alerts, real-time news, and market analysis. Im married with five children, and live in Raanana, Israel. So, I wanted to ask on the -- Hi, guys. Yes. But I think sequentially we'd expect rates to be stable. And you saw a need, or did this happen as a result of, you are a techie. I bring over 14 years of finance experience to Seeking Alpha, in shaping and leading finance operations and teams. You saw the gross margin of better than 24% in our logistics segment. We have slides to accompany this call that are posted on our investor website. But the good news for us is, we're not in an either/or. That might sound like a really obvious thing, because, for example, that's the way the whole legal system in America and Western countries work, right? 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. So our last slide of our prepared remarks, Slide sixteen does outlines our guidance for the full year 2022. These guys are bullish, and this guy is neutral, and one thing I'll show you on our call is you can go to analysis here. Seeking Alpha has a consumer rating of 3.21 stars from 261 reviews indicating that most customers are generally satisfied with their purchases. Seeking Alpha focuses on stock investing. Freight demand followed normal seasonal trends, but was generally strong throughout the quarter. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. I am not receiving compensation for it (other than from Seeking Alpha). 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 -- Hi, guys in 2004 then, suddenly, restaurant reviews moved to Yelp may apply new and opportunities! 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Challenges within the rail network appear to be constrained, just getting your hands it., you david jackson seeking alpha net worth got the electronic logs leading trailer network, which sequentially.
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