XPO | Jacobs “industrial Recession”

[highspeeds]

And don’t forget he pointed out how thanksgiving was late this year affecting the 4th quarter earnings. That statement is like blaming the hurricanes that hit the Great Lakes area earlier this year.

YRC is amazing. I don't know how they keep the doors open. Any other business would have gone under 10 years ago. They always find another excuse. Always find another something to cut or sell off and keep a little cash flow.

 

[highspeeds]

Funny thing about debt and the economy. We’re all told of the ‘08 bubble. Didn’t take but a minute in the Trump economy to see the billboards. Pontoon boat $X per month; low down 4% mortgage, etc. Guess we don’t learn from our mistakes. Cash, fellas, is king. Debt is death. Pay as you go. You may not be cool now, but you’ll retire sooner & better.

If everybody saved their money a recession would be guaranteed

It's funny how money works. If everyone is spending, the economy is strong. But if no one has any savings. They don't feel as inclined to spend. And as they build their nest eggs the economy struggles or lags.

 

[BIG R GUY]

YRC is amazing. I don't know how they keep the doors open. Any other business would have gone under 10 years ago. They always find another excuse. Always find another something to cut or sell off and keep a little cash flow.

Has made lots of people wonder. They better hope they can maintain market share, without cutting rates, because things in LTL are tough right now.

 

[highspeeds]

Has made lots of people wonder. They better hope they can maintain market share, without cutting rates, because things in LTL are tough right now.

They ( YRC ) are the primary rate cutters in LTL. If not for them. The entire rest of LTL would be pulling much higher profits on much higher rates.

 

[icuicp]

They ( YRC ) are the primary rate cutters in LTL. If not for them. The entire rest of LTL would be pulling much higher profits on much higher rates.

When you see the quality ( or lack of quality ) in the services that XPO offers , it's not hard to see why XPO may loose business and/or not be able to ask for as much as they used to for shipping freight.

Late arriving , late pick-up , torn up , damaged , part short , lost pieces , over billing , billing errors , bogus charges , account executives customers never see , rude office personnel , inexperienced people from top to bottom , total lack of ability to think for themselves due to over reliance on software and computers - this is all a difference customers can feel and see. They will take their business to companies that remember that the customer comes first and profit follows right behind.

 

[ED FORCE ONE]

When you see the quality ( or lack of quality ) in the services that XPO offers , it's not hard to see why XPO may loose business and/or not be able to ask for as much as they used to for shipping freight.

Late arriving , late pick-up , torn up , damaged , part short , lost pieces , over billing , billing errors , bogus charges , account executives customers never see , rude office personnel , inexperienced people from top to bottom , total lack of ability to think for themselves due to over reliance on software and computers - this is all a difference customers can feel and see. They will take their business to companies that remember that the customer comes first and profit follows right behind.

All this good stuff you mentioned happens at other joints too !

 

[highspeeds]

All this good stuff you mentioned happens at other joints too !

There was a time that this place was different. It's no longer the case. The race to the bottom continues.

 

[icuicp]

All this good stuff you mentioned happens at other joints too !

It certainly does. What makes XPO different is upper level types that would like to charge premium prices for service that is not.

 

[Fly-by-night]

And Amazon. As Amazon gets larger and larger. The anti trust pressure grows. They are into everything. Becoming a monopoly. Crushing entire sectors.

Amazon has done what people wanted. They saw a demand and filled it. We are the ones helping them grow. Remember Sears were you could go get tools, appliance, clothes, shoes, and other personal items under one roof. Now the demand is to sit at home and have it dropped at your front door.
Years ago South Park did a show on this

 

[highspeeds]

Amazon has done what people wanted. They saw a demand and filled it. We are the ones helping them grow. Remember Sears were you could go get tools, appliance, clothes, shoes, and other personal items under one roof. Now the demand is to sit at home and have it dropped at your front door.
Years ago South Park did a show on this

No doubt. This is not the first time or the last time. But it is an amazing thing to see. Can’t wait to see what’s coming next that is going to top what Amazon is doing.

 

[ED FORCE ONE]

Amazon has done what people wanted. They saw a demand and filled it. We are the ones helping them grow. Remember Sears were you could go get tools, appliance, clothes, shoes, and other personal items under one roof. Now the demand is to sit at home and have it dropped at your front door.
Years ago South Park did a show on this

I went to a few sears on the final closing day for sentimental reasons and sad to see the store all torn up , my sister worked there and i would get a tour of what was behind the walls , lots of secret passages , sears kept beige paint makers in business

 

[Williezee914]

Just happened to be reading some stock websites, found this today..."In other news, major shareholder Spruce House Partnership Lp sold 252,900 shares of XPO Logistics stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $84.07, for a total value of $21,261,303.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have sold 552,900 shares of company stock worth $46,723,803. Insiders own 18.70% of the company’s stock."

 

[highspeeds]

Just happened to be reading some stock websites, found this today..."In other news, major shareholder Spruce House Partnership Lp sold 252,900 shares of XPO Logistics stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $84.07, for a total value of $21,261,303.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have sold 552,900 shares of company stock worth $46,723,803. Insiders own 18.70% of the company’s stock."

As soon as it creeps up a touch they cash out. Pretty telling about the future. Good eye. I had missed this.

 

[Fly-by-night]

If everybody saved their money a recession would be guaranteed

Not really he says pay with cash. The only big recession you would see would be in the credit industry

 

[Fly-by-night]

YRC is amazing. I don't know how they keep the doors open. Any other business would have gone under 10 years ago. They always find another excuse. Always find another something to cut or sell off and keep a little cash flow.

How do you think Preston when under. Yellow bought them saddled them with dept and closed the doors. Yellow biggest mistake was buying Roadway. They should have let Roadway fall apart and close then buy up the pieces. Yellow was a strong company before they started buying out broke ass companies.

 

[Fly-by-night]

Just happened to be reading some stock websites, found this today..."In other news, major shareholder Spruce House Partnership Lp sold 252,900 shares of XPO Logistics stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $84.07, for a total value of $21,261,303.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have sold 552,900 shares of company stock worth $46,723,803. Insiders own 18.70% of the company’s stock."

That's what companies like Spruce Point do. Buy lots of it when it low and then when it upticks sell high. We are not the only company this happens to.
Is it a bad sign??? Who know it could be or could not be.

 

[highspeeds]

That's what companies like Spruce Point do. Buy lots of it when it low and then when it upticks sell high. We are not the only company this happens to.
Is it a bad sign??? Who know it could be or could not be.

If they felt they could make more money. Do you think they would do that or sell it anyway ?

 

[BabyJ5525]

How do you think Preston when under. Yellow bought them saddled them with dept and closed the doors. Yellow biggest mistake was buying Roadway. They should have let Roadway fall apart and close then buy up the pieces. Yellow was a strong company before they started buying out broke ass companies.

Roadway was far from going out . That was a great company !

 

[highspeeds]

Roadway was far from going out . That was a great company !

It was Yellow mismanagement that destroyed Roadway. And everything else it touched.

 

[joes bar and grill]

How do you think Preston when under. Yellow bought them saddled them with dept and closed the doors. Yellow biggest mistake was buying Roadway. They should have let Roadway fall apart and close then buy up the pieces. Yellow was a strong company before they started buying out broke ass companies.

Roadway was more profitable than Yellow when they were bought out.