But I think sequentially we'd expect rates to be stable. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. 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. David Jackson Founder & CEO at Seeking Alpha About David Jackson is the founder of Seeking Alpha. 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. Click HERE. Jackson Financial has a market cap of $2.82 billion as of Dec. 28, based on a share price of ~$34. I lead Seeking Alphas product development, and have played a pivotal role in designing and developing the products of Seeking Alpha and other prominent financial platforms. Once again, thank you for participating. 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. 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. 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. Do you feel like it's higher than $4 given the traction you've made with LTL and logistics and the other revenue segment? So by the way, I think that's a great question for us to discuss. Thanks. 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. The industry norms since electronic logs were mandated and enforcement began in early part of 2018 the industry standard is that you get two hours. I left Morgan Stanley, and immediately started working on Seeking Alpha. 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. David is related to Sara L Jackson . Thank you, sir. The content is too spotty. Well, detention charges, they don't care. Of course, they're biased! This offer expires soon! He left in early 2003 to manage money (long/short) and explore new Jobs Well, when you think about -- when you think about the kind of freight that's moving on trucks is by far the most economical way to move still the fast transit times, certainly compared to LTL, airfreight or expedited. And we've been able to continue to have very, very strong volumes there. Thank you. 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. There are thousands of contributors. And so they can save themselves from a lot of maintenance costs by getting into another truck. Im passionate about building a product that enriches our subscribers lives, and a platform that provides opportunities for our contributors. We expect these services to continue to grow and provide us with income streams that are less prone to volatility through economic cycles. The Seeking Alpha site has only one agenda, and that is to help its readers become better prepared and smarter investors. Yes. This has allowed us to make progress towards reducing the number of unseated trucks and slow the reduction in productivity year over year. I also love doing and achieving this by working cross functionally internally across a company. Our customers save them money on paying detention or having to hire extra labor to be at the ready to stop and unload any truck that might roll in within two hours. Hey, great. There really isn't much that we haven't hit from our larger customers. I have an LLB from Bar Ilan University in Israel and an LLM from the New York University School of Law. Labor challenges within the rail network appear to be softening, leading to improved notification times and more consistency for our customers. Overview. Not to speak about just the economics of how it works for a small carrier. Okay. Great. 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. We very much like a 78.7% operating ratio. Or is this just not the right way to think about at this time? 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. Would you care to kind of update that view here? Thanks. And that has come off, probably off 25% or even maybe a little bit more. What Is Seeking Alpha. In fact, the earnings are phenomenal there. Thanks, gents. 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. And I think a classic example to that would be, just look at the first half of this year. The best result we found for your search is David L Jackson age -- in Kansas City, MO in the Rosewood neighborhood. Since then, Seeking Alpha has grown to be the leading Web 2.0 finance site. I previously served as VP of Global HR at SysAid Tech and Head of HR at Emmerson. Seeking Alpha has a consumer rating of 3.21 stars from 261 reviews indicating that most customers are generally satisfied with their purchases. 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? 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. Over the years, we've demonstrated our ability to effectively acquire and improve truckload businesses. So, Adam, just to clarify though, it doesn't sound like you've got a lot built in for a lot of transactional opportunity into the fourth quarter. And so, there's all kinds of cost savings. And so, as a result of that, when you look at the progress made in LTL, for example, I mean, we're well ahead of schedule there. All the stock advisory services and recommendation previously available . Okay. Part 1 of the company's annual report on form 10-K filed with the United States SEC for a discussion of the risks that may affect the company's future operating results. CTO & COO. Password. Im now Seeking Alphas Chief Technology Officer. We are encouraged by the significant contributions from each of our segments. LTL is expected to grow revenue through yield management and shipment growth, while improving margins year-over-year. 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. For the quarter, revenue excluding fuel surcharge was $224 million and the adjusted operating income was $47.8 million. In many ways as opposed to pulling a tractor out of the line haul business, we're able to support them through third party capacity leveraging trailers in our network. We've got 200 employees, and thousands of contributors. Seeking Alpha is an investment research platform designed for intermediate to advanced investors who want cost-efficient, impartial, and quantitative information. No, that's just our employees. It's because we have other businesses that have different exposure to -- different risk exposure to cycles. Our logistics business was in the low 80s and our Intermodal business achieved double digit margins. I imagine at least partially as a result of fuel and then clearly you had super strong yields there. Ladies and gentlemen, this does indeed conclude today's conference. This revenue growth combined with improvements in gross margin led to $44 million in operating income, which is more than a 200% improvement for the quarter. David Jackson NBQ807 Add me Team Facebook Twitter Nationality United States Residence Jacksonville, FL, United States David Jackson's GPI Rankings Live Best Cash $ 598,173 All Time Money $ 3,825,519 Tournament Results of David Jackson Ranking history GPI PoY 2022 GPI rank Rank 2014 2016 2018 2020 2022 0k 20k 40k 60k 80k Highcharts.com Plot Data As spot rates have declined, we have increased commitment levels with our customers and have reduced our exposure to the spot market. 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. David Jackson is the founder and CEO of Seeking Alpha. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Saxophonist David Jackson's net worth is $1-5 Million at the age of 72 years old. and industry experts (buy side) rather than sell side. Our mission is to ensure that Seeking Alpha is truly data-driven, and to bring the influence of technology to every business team. Capacity is clearly under pressure. I wrote this article myself, and it expresses my own opinions. Please. The enterprise value currently is $1.9 billion, which is a by-product of the significant. And we've very much enjoyed working with our partners, the businesses there and they're doing a phenomenal job. I will now hand it to Adam to finish up with our guidance. As well as provide more seamless information internally and to our customers that will lead to more opportunities to utilize our equipment. DAIA 10 bh133300 3m (10bh133300) 3m (10bh133300) Yes, I'd even add that although there's some benefit from fuel in second quarter, we still have yet to realize the full benefit of connecting the networks between AAA an MME that's going to lead to additional revenue margin opportunities. I have no business relationship with any company whose stock is mentioned in this article. Next question will be from Thomas Wadewitz at UBS. And so, that's just -- and we didn't go into this one with a huge oversupply like we did in 2018 to 2019 or like we did in 2006 to 2007 or like we did in really -- I guess those would be some of the biggest ones we've seen in recent history. 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. We appreciate everybody's time today and your interest in our company. CCO. It is carefully vetted by in-house editors, then read and debated by millions of people. (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. I have a BA in Behavioral Science from the University of Ben Gurion and an MBA. We've expanded our traditional logistics brokerage, created a power-only service offering, created brand new revenue streams, as have mentioned, with Iron Truck Services and expanded our warehousing services. Today, we plan to discuss topics related to the results of the second quarter, provide an update on current market conditions, and update our full year [2020] (ph) guidance. Fabolous est n John David Jackson le 18 novembre 1977 et est d'origines dominicaine et afro . We're talking about using those trailers where we can have a bank of trailers and stays them where we would bring a loaded in and give a customer the benefit of days, maybe a couple of days to unload that trailer as opposed to a couple of hours. 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. 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. At the same time, new technologies were creating the possibility of a . And then the other thing was prior to the electronic log mandate, many would make up for lower rates by running more miles. 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. Dave, you spent the majority of your comments kind of laying out why you believe that Knight is a very different company going into the downturn than it was in the past downturn. Yes, sure. David Ganek: Delivering Alpha Unfiltered. 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? We expect continued decline in non-contract truckload opportunities. David Jackson. We have pulled some of these containers back into our operations and will continue to do so in 2023. These results reflect our focus on; one, growing our less asset intensive businesses; two, acquiring and improving businesses; and three, expanding margins in existing operations. And I don't know if you have prior cycles to say why does this feel like 2018 or does it feel like 2016 or just some more perspective to kind of think about the cycle? We continue to generate meaningful revenue and income growth, both organically and through acquisitions and demonstrate the operating leverage of our business. I'm very excited to show it to you, and give it to you right, right? Yes. The intermodal results are included on Slide eight. We have invested in technology that allows us to efficiently leverage our assets throughout multiple segments, including truckload, logistics and LTL. Maybe talk a little bit about what it provides your customers in terms of efficiency gains? Now on Slide 13, we have our second half of 2022 outlook. Working at Taboola reinforced my desire to continue doing what I love professionally but also if possible with an Israeli company. And so the nature of the freight we haul tends to end up in the grocery store -- tends to end up in a place that's somewhat resilient through cycles. And that is meaningful. Next question will be from Chris Wetherbee at Citi. Okay. Seeking Alpha was founded by former Wall Street analyst David Jackson in 2004. I get that. David Jackson's Net Worth: $1-5 Million Age, Height & Body Measurements David Jackson current age 72 years old. You have to have meaningful scale of trailers and you have to have them scattered all over the country like we do. We have discovered several genes that control plant architecture by exerting an influence on stem cells. When you say 200 hundred people, is that all the writers? Our truckload business continues to run with an operating ratio in the 70s. When I started Seeking Alpha it was, we gotta get you all the assets. Now this slide may be one of my favorite slides for the quarter as our LTL businesses have made significant strides in increasing yield, managing costs and expanding margins. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. In other words, people from around the world create content on Seeking Alpha to share their investing ideas with others. That's very helpful. Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Q2 2022 Earnings Conference Call July 20, 2022 4:30 PM ET, Adam Miller - Chief Financial Officer and Treasurer, David Jackson - President and Chief Executive Officer, Good afternoon. David Jackson is the founder and CEO of Seeking Alpha. 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? During this time, the EPS has moved from $2.16 per share to $5.67 per share for the trailing 12 months. 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