david jackson seeking alpha net worth
Seeking Alpha has thousands of contributors worldwide that are held. Kind of any helpful on where that floor is would be helpful. Our team continues to act with agility and move with the market. I am a qualified attorney in Israel and New York. Next to Slide 11. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. Might be back.might not. So, you don't expect people to be unbiased, right? These increases in revenue and earnings is from our overall strategy to develop essential services for third party carriers. I'm very excited to show it to you, and give it to you right, right? After his phenomenal debut in 2014, Chinese K-pop star Jackson Wang has been taking the entertainment industry of South Korea by storm. And we're able to do it not to the detriment of our asset based business that performed, again, with an operating ratio in the 70s. Now on Slide 13, we have our second half of 2022 outlook. This guy is bearish on Facebook, right? 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. 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? This makes the plan $39 for the first year, instead of the normal $239. Yes. Hey, guys. 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. I have an LLB from Bar Ilan University in Israel and an LLM from the New York University School of Law. I focus on accelerating growth through a mix of strategy, developing and managing enterprise partnerships, and corporate development. And so, within our truckload, we have taken a multitude of steps for that business to be de risked and to endure well the cycles on top of all the extemporaneous income streams. And good afternoon, everyone and thank you for joining our second quarter 2022 earnings call. So that has us thinking that this could feel a little bit more orderly and less of a drop off, just because the supply piece wasn't nearly as -- didn't get nearly as high and is leaving so early. Im a certified public accountant, and have a BA in Economics and Accounting and an MBA from Tel Aviv University. He earned the money being a professional Saxophonist. 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. 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. Our expansive trailer network allows our customers the ability to optimize thorough our warehouse space and labor costs. The platform uses crowdsourced ideas from a global pool of investors. Do you feel like it's higher than $4 given the traction you've made with LTL and logistics and the other revenue segment? Please go ahead. 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. 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. 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. They can bring our full truckload of one product, bring that to the dock in exactly the moment that they want to move that trailer or those goods, those palettes on to store deliveries, and they only have to touch the freight one time. David Jackson (Seeking Alpha), American entrepreneur, founder of Seeking Alpha in 2004 This page was last edited on 3 November 2022, at 14:29 (UTC). David Jackson's Net Worth: $1-5 Million Age, Height & Body Measurements David Jackson current age 72 years old. Thank you. 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 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. 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? At this time, I would like to welcome everyone to the Knight-Swift Transportation Second Quarter 2022 Earnings Call. And so, because it's so punitive and prior to the electronic log mandate just a few years ago, it was not enforced and carriers just absorb that. 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. Your next question will be from Todd Fowler at KeyBanc Capital Markets. . 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. Powered by the wisdom and diversity of crowdsourcing, millions of investors connect to discover and share investing ideas, discuss. When we think about LTL, I think it does provide growth, but also stability through truckload cycles. VP HR. And yes, there's some fuel surcharge benefit, but you've noted the fact that there was meaningful double digit yield improvement. 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. 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. I joined Seeking Alpha as VP of Global HR in January 2021, to lead the companys people practices and translate our business vision into HR initiatives that improve performance, growth, and employee engagement. Log In. Im passionate about building a product that enriches our subscribers lives, and a platform that provides opportunities for our contributors. Seeking Alpha fut fonde en 2004 par David Jackson. David Jackson Founder and CEO. And let them evaluate it, and let them choose for themselves. The job of the prosecutor is to make the case that the guy is guilty. This non-reportable segment hasn't been a great focus of analysts or investors over the years, but it is now building as one of our fastest growing segments. There's many ways that we approach power-only with our customers. 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. Abby Estikangi-Carmel . 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. First is to introduce new profitable revenue streams with lots of growth runway that further diversify our company. And now, of course, the challenge would be securing enough credit to do so. 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. 2. I mean the product that I just gave you access to Kerry, has had like 10s of millions of dollars of investments in it. You can look at our rate per hundred weight at $14.20, excluding fuel, and compare that to some of the industry leaders and what you'll find is, there's some -- there's much bigger rates out there than already what we've achieved. We love doing a regular route full truckload. I'm David Jackson, founder of Seeking Alpha. 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. And we have untapped leverage within the trailer pools than the whole trailer fleet that we have. My hobbies include reading history and tormenting my children with terrible dad jokes. There are thousands of contributors. David Jackson; Topics Type All 0 Ideas 0 Questions 0 Bugs 0 Praises 0 Announcements 0. 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. Now on to Slide six. 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. So just a difficult comp from a year ago. 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 if we are not unable to answer a question during our call, we will -- you can call us at 602-606-6349. 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 . I left Morgan Stanley, and immediately started working on Seeking Alpha. Speakers from today's call will be Dave Jackson, President and CEO; and Adam Miller, CFO. We expect other revenue and income to grow when compared to prior years, as outlined on Slide nine of this presentation. 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 expect these services to continue to grow and provide us with income streams that are less prone to volatility through economic cycles. I'm going to start a company there and they do it over and over again, right? And then we talk a lot about sort of trough earnings and what we think we can do and clearly the non-truckload pieces of business are performing. We continue to be excited about this business and have several projects ongoing that will improve the experience for our third party carriers. 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. Get contact information for Seeking Alpha and Seeking Alpha journalists by joining Muck Rack. Price: 4.5/5 (Seeking Alpha Premium costs $19.99/month when billed annually, but you can get it for 50% off with . 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. 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. Seeking Alpha New Year's Sale - 83% OFF Seeking Alpha is running a massive 83% discount on their annual premium plan. 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 two LTL partners in different parts of the country beginning to work together. Seeking Alpha is the dominant crowdsourced equity research platform, with thousands of contributors, and millions of registered users, monthly uniques, and email alert subscribers. We are constantly evaluating market conditions to maximize our use of cash to create value for our shareholders. You saw the gross margin of better than 24% in our logistics segment. And number three, to provide these services in a way that benefits the relationship that we have with small carriers as we build a much, much larger network using their power with our trailers and freight network. I think your -- first part of that question was acknowledging what are the benefits to the customer. I appreciate it. Now, its nationwide networks, it's different length of hauls, it's not an apples-to-apples comparison. I have no business relationship with any company whose stock is mentioned in this article. Our logistics business was in the low 80s and our Intermodal business achieved double digit margins. 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. Yes. David Jackson Professor Ph.D., University of East Anglia, 1991 jacksond@cshl.edu | 516-367-8467 Jackson Lab Website Faculty Profile My lab studies genes and signals in cells that regulate the growth and shape of plants. Click here. We remain encouraged with the growth and diversification and contribution from the businesses that make up our non-reportable segment. 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. Small carriers absorb that. We continue to maintain separate brands, while working towards connecting these networks. Many of these services are branded under our brand of Iron Truck Services. This is a result of a more difficult comparison rather than rates meaningfully declining sequentially. As we make more commitments, we are seeing higher tender acceptance levels and fewer non contract opportunities. So just -- our spot exposure. 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