When you have the CEO ( Bradley Jacobs ) saying that $450 million a year is spent on technology and that this is the 'secret sauce' , it makes you wonder where almost a billion dollars every two years is going.
Whenever you read what Jacobs has to say about the application of this expensive tech , he hints at having deeper knowledge of customers and how to place drivers where they need to be when they need to be there.
If you watch sports you know athletes don't always buy into analytics. Some call it bullsh!t. The Cleveland Browns hired a Sabermetrics/Moneyball guy from baseball and they are 1-31 over the last two seasons.
In the case of LTL , it seems as though the leadership of XPO LTL gets it's information and makes it's decisions strictly on pumping up the share price. That's no different than a lot of other companies I suppose.
But , over two years , there seems to be zero desire to communicate with the LTL side ( other than what is absolutely necessary ) Some speculate on a possible sale.
But to the main point , do most companies the size of XPO Logistics spend nearly a billion dollars every few years on tech? Where does all of that money go? Shouldn't XPO Logistics be one of the most technologically advanced companies out there if this much money is going in?
Whenever you read what Jacobs has to say about the application of this expensive tech , he hints at having deeper knowledge of customers and how to place drivers where they need to be when they need to be there.
If you watch sports you know athletes don't always buy into analytics. Some call it bullsh!t. The Cleveland Browns hired a Sabermetrics/Moneyball guy from baseball and they are 1-31 over the last two seasons.
In the case of LTL , it seems as though the leadership of XPO LTL gets it's information and makes it's decisions strictly on pumping up the share price. That's no different than a lot of other companies I suppose.
But , over two years , there seems to be zero desire to communicate with the LTL side ( other than what is absolutely necessary ) Some speculate on a possible sale.
But to the main point , do most companies the size of XPO Logistics spend nearly a billion dollars every few years on tech? Where does all of that money go? Shouldn't XPO Logistics be one of the most technologically advanced companies out there if this much money is going in?