Im now Seeking Alphas Chief Technology Officer. I later served in the IDFs Mamram unit (the Center of Computing and Information Systems), and then got a BSc in Computer Science from Bar-Ilan University. So as a result of that, today in the Knight and Swift, nine out of every 10 loads that we haul involves a trailer pool on at least one side, if not both. Im also a strong believer in remote working, as a way to enable both career success and other life goals, so many members of our team work from home. As Dave mentioned, we expect to feel inflationary pressures from driver expenses, maintenance of equipment and non-driving labor, that will continue. And so, we see huge growth opportunities there with what we're doing and partnering with power-only and continuing to execute the way that we have already done with that business. Don't treat them as people who need to be told what to do. 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. 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. And just to clarify, we're saying $20 million to $25, we're not seeing $20 million to $25 million per quarter. Im a certified public accountant, and have a BA in Economics and Accounting and an MBA from Tel Aviv University. The estimated Net Worth of David A Jackson is at least $11.5 Million dollars as of 31 May 2022. I mean, a lot of these LTL statistics are public. And when I think about rate sequentially, I think the one wildcard is what does the fourth quarter look like. In addition to this strategic acquisitions, we continue to improve our core truckload business and our existing assets to generate additional revenue. 1. We are very encouraged by the LTL results and our conviction for synergy achievement continues to grow. 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. He is from England. Now on to the next slide. David Jackson's Net Worth: $1-5 Million Age, Height & Body Measurements David Jackson current age 72 years old. Live from New. 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. View People Contact Information. Im an experienced HR executive with over 18 years of experience in leading global HR teams across multiple business units. There's many ways that we approach power-only with our customers. Now on to Slide seven. David Jackson launched it as a way to offer all investors access to very valuable content, from stocks, mutual funds, and ETFs to cryptocurrencies and commodities. At the same time, new technologies were creating the possibility of a . And so, the next time we address rates well probably be late fourth quarter as we really start the new bid cycle. And so, if you have a detention charge on a backhaul lane, you have a very, very low base on the price to add $60 for every hour, over two hours to be unloaded. Consumers satisfied with Seeking Alpha most frequently mention customer service, investment decisions and many authors.Seeking Alpha ranks 7th among Stock Trading sites. And so that type of business clearly requires a significant capital investment. Do you feel like it's higher than $4 given the traction you've made with LTL and logistics and the other revenue segment? Hey, Dave. I am passionate about building and scaling businesses. So I think all those go to maybe an environment where supply keeps pace, maybe outpaces the changes in demand. I believe that technology innovation by brilliant minds leads to awesome user experience. Do you see where I clicked in the navigation. 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. We have been extremely impressed with the leadership at both AAA Cooper and MME on how open minded the teams have been in working with the KNX leadership, as well as with each other in developing the strategy to leverage the now enhanced scale of the network. I'm very excited to show it to you, and give it to you right, right? And in fact they have lower risk than the full truckload irregular route business has. I think power-only plays a big role when customers come to us with projects that they need help on in a very short time window. 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. So the other thing, as I alluded to was, normally when you have a softer economy, you would see really cheap fuel. Is this happening to you frequently? The customer included in the freight rate is two hours to unload that trailer. Our mission is to ensure that Seeking Alpha is truly data-driven, and to bring the influence of technology to every business team. Because I mean I'll just, I'll just give you one kind of example, which is a lot of what we've been thinking about over the last year. VP Product. 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. And most likely that will lead to an allocation of orders for next year. And then, when you read the article, you can say, oh well this person owns the stock. The best result we found for your search is David L Jackson age -- in Kansas City, MO in the Rosewood neighborhood. Get contact information for Seeking Alpha and Seeking Alpha journalists by joining Muck Rack. 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. We get a glimpse into that and the fact that the spot market has shrunk rather significantly in the first half of this year. Technology has been a meaningful factor in how we've been able to not only significantly grow our logistics business, but do so while expanding margins. Not to speak about just the economics of how it works for a small carrier. And that's all before we get to the dead horse that we keep beating that is, trailers matter, trailers make a difference. Terms of Use | Market Data Disclaimer | Privacy | Do not sell my personal information. Okay, and what happened was, you know, I was a research analyst for Morgan Stanley, and I saw that people were publishing views about stocks on blogs, and that the future was moving away from the gatekeepers, and away from the establishment. More recently, we have demonstrated our ability to improve the logistics business and tap into synergies between truckload and LTL. You know, there are many startup founders who are just incredible people who say okay, where's a really big market ready for disruption? If you've been thinking about getting it, there's no better time than right now. 8 JACKIE JACKSON. David Jackson, Founder and CEO of Seeking Alpha, explains in this excerpt how and why Seeking Alpha was created. 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. Next question will be from Chris Wetherbee at Citi. Great. This has allowed us to make progress towards reducing the number of unseated trucks and slow the reduction in productivity year over year. Abby Estikangi-Carmel . 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. 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. I mean we've essentially gone through the bid cycle. In other words, people from around the world create content on Seeking Alpha to share their investing ideas with others. They've proven that out. 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. Both GAAP and adjusted earnings per share include a $33.8 million pretax loss in other income or expense from an unrealized mark to market adjustment in our investments related to Embark Technology. 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. If you have an ad-blocker enabled you may be blocked from proceeding. Our R&D teams deliver cutting-edge technology based on robust processes and best practices, using agile software development methodology. What we do as a platform is we put every side in front of you so that you can decide for yourself. There's another type of founder of startups of people who build the product that they want themselves. 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. Spot would certainly be one of them, but we react to all sorts of different customer needs. 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. We expect continued decline in non-contract truckload opportunities. Accessibility: 4/5. Now we are supporting mutually -- our mutual acquired LTL companies as they connect their networks, while preserving brand, culture and relationships. . Seeking Alpha is an investment research platform designed for intermediate to advanced investors who want cost-efficient, impartial, and quantitative information. Our strategy continues to focus on diversifying our business, while improving both margin and revenue in each segment. 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. Here it is. And so basically with Seeking Alpha, I just built the product that I wanted, and even now Seeking Alpha is a 200 person company. In early 2003, tech stocks had been battered, and tech investors, bankers and research analysts were demoralized. And so, as any of those markets change, we can shift focus to another one of those areas to support our customers and continue to grow our power-only capabilities. The $20 million to $25 million is the total for the back half of the year. We love doing a regular route full truckload. 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 expect tractor count to remain stable throughout the year with maybe a modest sequential improvement in the miles per tractor as we improve our seeded truck count. On a year-over-year basis, our truckload revenue excluding fuel surcharge grew 11%, while our operating income grew over 22%. We found tremendous interest in our offerings from third party carriers that are interested in purchasing insurance and maintaining their equipment in our nationwide shop network or leasing equipment and leveraging our buying power to purchase fuel. Some tools you can start utilizing if you sign-up to Seeking Alpha, include: Custom virtual portfolio tracker Link and analyze your actual portfolio I joined Seeking Alpha in 2017 as Controller, and was promoted to VP of Finance in April 2021. 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. I will now hand it to Adam to finish up with our guidance. Yes. The content is too spotty. Please. Yes, sure. 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. Or, is it? Karen Weissberg. But for the jury there the whole system ends up being really unbiased, and so that's the philosophy of Seeking Alpha. There are thousands of contributors. I have a BA in Behavioral Science from the University of Ben Gurion and an MBA. We have invested in technology that allows us to efficiently leverage our assets throughout multiple segments, including truckload, logistics and LTL. 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. Overview. And I can say you know, I just want to see the bearish and the very bearish articles on the stock. David Jackson is the founder and CEO of Seeking Alpha. And analysis articles that focus on a specific stock are still free in the first 10 days. You know if you say, are they biased? 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. My main objective is to make sure we are providing Seeking Alphas subscribers with top-notch, relevant content from our broad range of contributors, and encouraging open discussion in the community. 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. Now on Slide 13, we have our second half of 2022 outlook. We also expect inflationary pressure on driver related cost, equipment costs, cost to maintain equipment, labor and several other items. Labor challenges within the rail network appear to be softening, leading to improved notification times and more consistency for our customers. Our balance sheet is strong and we are well positioned to invest in organic growth, pursue acquisitions, purchase more shares, increase dividends and/or pay down debt. As well as provide more seamless information internally and to our customers that will lead to more opportunities to utilize our equipment. What caused you to create this thing? Please go ahead. He started his career as a macro-economist at HM Treasury in London and The Bank of Israel, and later moved to Morgan Stanley in New York as a technology research analyst covering the communications equipment sector. And it's really because our customers are still uncertain. To begin, we'll move you to Slide two, where I'll read the disclosure.
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