David Jackson Founder & CEO at Seeking Alpha About David Jackson is the founder of Seeking Alpha. We also expect inflationary pressure on driver related cost, equipment costs, cost to maintain equipment, labor and several other items. You have to have meaningful scale of trailers and you have to have them scattered all over the country like we do. We expect that demand may moderate as the consumer digests and deals with higher inflation and uncertainty in the economy. Strong earnings have driven increases in our free cash flow, which was $1.1 billion through the second quarter over the trailing 12 months. 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. I previously served as a Controller at Nice Ltd., a publicly traded company that provides cloud platforms for AI-driven business solutions. We have many fewer competitors in that space as well. Source . Operating income increased by 143.8% as the operating ratio improved from 95% to 89.3%. 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 so, we -- when you look at even the truckload portion, we do truckload with multiple brands, we have in that segment includes a bunch of dedicated business. The job of the prosecutor is to make the case that the guy is guilty. The whole philosophy of Seeking Alpha is, number 1, treat our readers as intelligent people. 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. We provide diverse opinions on each stock so that investors can weigh the bull and bear case and make an informed decision.Our news enables investors to understand why the market and the stocks in their portfolio are moving or are about to move. Thank you. With Seeking Alpha premium, you can compare seven different stocks at the same time. Might be back.might not. But we're excited about the runway that we have there. 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. Hey, great. Maybe talk a little bit about what it provides your customers in terms of efficiency gains? We appreciate everybody's time today and your interest in our company. Our miles per tractor continued to be negatively impacted by our intentional shift to a shorter length of haul and a higher unseated truck count year-over-year. Find David Jackson's articles, email address, contact information, Twitter and more 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. Kind of any helpful on where that floor is would be helpful. Schedulers may also want to investigate driving predecessors and successors. The original concept for this platform was for it to be a place where knowledgeable investors could share their insights on investments and compare strategies. Please again keep it to one question. Price: 4.5/5 (Seeking Alpha Premium costs $19.99/month when billed annually, but you can get it for 50% off with . and industry experts (buy side) rather than sell side. My career started when I fell in love with coding in high school. And if we are not unable to answer a question during our call, we will -- you can call us at 602-606-6349. Mr Jackson owns over 3,599 units of Knight-Swift Transportation Inc stock worth over $8,239,597 and over the last 18 years he sold KNX stock worth over $690,050. The best result we found for your search is David L Jackson age -- in Kansas City, MO in the Rosewood neighborhood. 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. 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. Our R&D teams deliver cutting-edge technology based on robust processes and best practices, using agile software development methodology. 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. We empower investors to make the absolute best investing decisions by leveraging our independent and balanced stock research, fundamental analysis tools, crowdsourced debate, reliable news, and actionable market data.Our research is created by investors, for investors. I need to understand how this happened. Actual results may differ. David Jackson; Topics Type All 0 Ideas 0 Questions 0 Bugs 0 Praises 0 Announcements 0. 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. David Jackson is the founder and CEO of Seeking Alpha. Do you think that we're kind of setting up for a fairly sharp fall-off in freight? 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 Get contact information for Seeking Alpha and Seeking Alpha journalists by joining Muck Rack. 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. But the good news for us is, we're not in an either/or. My name is Sylvie, and I will be your conference operator today. Thanks, gents. 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. Dave and Adam, you guys have seen a lot of freight cycles, you have a lot of great perspective, not to mention all the information you see from your businesses. For example, we now have over 6,000 trailers in our leasing program. 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. 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. I have a BA in Behavioral Science from the University of Ben Gurion and an MBA. Investors read our financial news to gain insight into stocks future earnings and price trajectory, and to find new and exciting opportunities. Founded in 2004 by David Jackson, Seeking Alpha is a crowdsourced investment research platform. 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. 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. And then we ask that you please disconnect your lines. We will get to one question per participant. We think that there are a whole -- there's a whole another level of synergies that can come as we can corner the entire country in a nationwide operating network behind the scenes with still the individual brands on the front end running the businesses. Well, detention charges, they don't care. 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. The chart on the right shows our rolling four quarters adjusted earnings per share since the Knight and Swift merger. David Jackson is the founder and CEO of Seeking Alpha. Gross margin also expanded to 24.4% in the quarter, compared to 15.7% last year, leading to an 82.2% adjusted operating ratio. I am not receiving compensation for it (other than from Seeking Alpha). 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. Hey, thanks guys. 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. That's their job to be biased. So, now what we've done is, is we've tried to address the area where we do have a finite limit of capacity, which is we only have so many trucks and drivers. Now this concludes our prepared remarks. Jackson Financial has a market cap of $2.82 billion as of Dec. 28, based on a share price of ~$34. Click HERE. Do you feel like it's higher than $4 given the traction you've made with LTL and logistics and the other revenue segment? Tractors, very similar. And your next question will be from Bert Subin at Stifel. In fact, the earnings are phenomenal there. Seeking Alpha is . At this time, I would like to welcome everyone to the Knight-Swift Transportation Second Quarter 2022 Earnings Call. 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. 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. Our adjusted earnings per share came in at $1.41. The content is too spotty. Click here. Demand for our power-only service offering remained strong and provides a strategic advantage compared to traditional brokers. We acknowledge that we have less visibility on peak season surge as compared to the previous two years. Our logistics business was in the low 80s and our Intermodal business achieved double digit margins. Daniel Hochman. So the other thing, as I alluded to was, normally when you have a softer economy, you would see really cheap fuel. Or should we think about that as being perhaps a sub-85 OR in a good year, it's been perhaps higher 80s in a bad year? 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? 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. 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 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. Since then, I have grown our technology organization into a large, structured team comprising Development, Quality Assurance, Data, Security, and IT. We will answer as many questions as time allows. Okay. And when I think about rate sequentially, I think the one wildcard is what does the fourth quarter look like. We continue to generate meaningful revenue and income growth, both organically and through acquisitions and demonstrate the operating leverage of our business. There's another type of founder of startups of people who build the product that they want themselves. And so they can save themselves from a lot of maintenance costs by getting into another truck. 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. We anticipate changes in the environment and pivot our strategies accordingly. And let them evaluate it, and let them choose for themselves. 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. Or is this just not the right way to think about at this time? Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. We are seeing significant improvements in revenue and income growth in each of these areas. My practice focuses on M&As, IPOs, securities laws and commercial transactions, as well as daily consultation to all companys stakeholders. And so, when you look at the fact that the full truckload piece is, first, we saw a shrink in terms of the overall revenue. The nurturing of so-called community with free content and social media aspects built site participation and popularity. And we believe this approach is very welcoming to other LTL companies who may choose to join the network. All this contributes to Jackson Wang's net . And I think that's why we like this as a nice complement to our core business. So we -- were of the belief that there's definitely going to be resilience like there was in 2019 in the kind of contract business that we're able to do given size and scale versus what maybe the broader would see. It was like the wisdom of crowds. I'm very excited to show it to you, and give it to you right, right? This guy is bearish on Facebook, right? Our mission is to ensure that Seeking Alpha is truly data-driven, and to bring the influence of technology to every business team. 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. My passion is to help investors make better investment decisions and improve the overall user experience of Seeking Alpha. After that, then there's a detention charge. And so, we're transitioning in that space from also similar to the customer paying a big premium in spot, we're transitioning from paying very large premiums to bring power-only capacity into our network to paying what -- where the market rate is and relying on the efficiencies to attract. 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. 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. By using this site, you agree to the . He is from England. That's where the most value is created in the supply chain. I have no business relationship with any company whose stock is mentioned in this article. Over the years, we've demonstrated our ability to effectively acquire and improve truckload businesses. We get a glimpse into that and the fact that the spot market has shrunk rather significantly in the first half of this year. Seeking Alpha fut fonde en 2004 par David Jackson. 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. Read More Contact David Jackson's Phone Number and Email Last Update 11/28/2022 5:56 AM Email d***@seekingalpha.com Engage via Email Contact Number Volumes in the beginning of the quarter were negatively impacted by longer container and chassis dwell times, as well as inconsistent rail network speeds. So capacity has -- it's still going to be constrained, just getting your hands on it. I'm David Jackson, founder of Seeking Alpha. I imagine at least partially as a result of fuel and then clearly you had super strong yields there. 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. Two is to leverage existing expertise in areas where we've proven industry leading results, such as risk management, maintaining equipment and purchasing. In my IDF service, I worked as a liaison to UN forces deployed on the country's northern borders, which inspired a lifelong dream to move to more rural surroundings. Now on to Slide seven. As I mentioned on the previous slide, our investment in technology has allowed us to seamlessly leverage trailers across over the road fleet -- our over the road fleet, our dedicated operations and logistics business to provide our customers with ample trailer pool capacity. Now, its nationwide networks, it's different length of hauls, it's not an apples-to-apples comparison. So hopefully that answers your question, Chris. I love navigating through complex laws and regulations to distill practical business solutions. And so, in our industry it's -- we're much more sensitive to supply than we actually even our demand. You know, there are many startup founders who are just incredible people who say okay, where's a really big market ready for disruption? We now expect full year 2022 adjusted EPS to be within the range of $5.30 to $5.45, which is an increase from our previous quarter's guidance of $5.20 to $5.40. 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 that would constrain supply. My hobbies include reading history and tormenting my children with terrible dad jokes. 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david jackson seeking alpha net worth
