Podcasts about rxo

This week's guest is Ben Steffes, Vice President, Solutions & Strategy, Managed Transportation, at RXO.  Ben was last on the Freightvine 3 years ago when he had just published a white paper on Logistics KPIs for Coyote.  RXO acquired Coyote in the fall of 2024, so this time we talk about the RXO white paper on Logistics KPIs that Ben recently authored as a follow-up to and expansion of the 2022 study.   In our conversation, we discuss changes in how logistics performance was measured during the pandemic and now post-pandemic, how shippers, carriers, and brokers have aligned on important metrics, and the impact of the increasing use of technology like AI and control towers.  We also touch upon strategies for shippers to become "shippers of choice," and on the evolving role of brokers and the dynamics of consolidation in the logistics industry.  It was a pretty wide ranging conversation covering different aspects of freight transportation. 

Supply-chain executives are more optimistic about freight markets and the pace of mergers and acquisitions in 2025. Deals can be a win-win for buyers and sellers as seen by RXO’s recent acquisition of Coyote, UPS’ brokerage business. The transaction lets UPS focus on its parcel business while provides RXO with significantly increased market penetration. Some deals are motivated by companies expanding their specialties in a service or geography. In this Talking Transports podcast, Ben Gordon, founder of BGSA Holdings and Cambridge Capital, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights about the state of the M&A and private equity markets for transportation, logistics and tangential technology companies. Gordon also discusses what can motivate a seller, and valuations.See omnystudio.com/listener for privacy information.

Transport Topics is the news leader in trucking and freight transportation. Today's briefing covers RXO's expansion, South Korean battery companies having second thoughts about EV battery plant investments, and truck parking projects in Connecticut. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Episode 790 of WHAT THE TRUCK?!?, Dooner is talking about 179,000 truck drivers whose CDLs were revoked. In late November, those drivers were automatically placed in prohibited status. What does it mean for capacity, and how do drivers get back into return-to-duty status? Innovative Logistics Group's Adam Wingfield breaks it all down. Federal regulators have issued a long-awaited proposed rule in response to allegations of fraud in the rate-making process raised by owner-operators against truck brokers. Is broker transparency all it is cracked up to be? Wingfield weighs in. Last month, FreightWaves' Craig Fuller and RXO both said the freight recession is over and that we've entered a new truckload cycle. Today, SONAR's Tony Mulvey separates the chaff from the wheat as he presents the latest market data. Plus, Martin Shkreli vs. Matt Silver; Christmas lights on semi; odds of an International Longshoremen's Association port strike; shady hot shot truckers; and more. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 5 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On Episode 790 of WHAT THE TRUCK?!?, Dooner is talking about 179,000 truck drivers whose CDLs were revoked. In late November, those drivers were automatically placed in prohibited status. What does it mean for capacity, and how do drivers get back into return-to-duty status? Innovative Logistics Group's Adam Wingfield breaks it all down. Federal regulators have issued a long-awaited proposed rule in response to allegations of fraud in the rate-making process raised by owner-operators against truck brokers. Is broker transparency all it is cracked up to be? Wingfield weighs in. Last month, FreightWaves' Craig Fuller and RXO both said the freight recession is over and that we've entered a new truckload cycle. Today, SONAR's Tony Mulvey separates the chaff from the wheat as he presents the latest market data. Plus, Martin Shkreli vs. Matt Silver; Christmas lights on semi; odds of an International Longshoremen's Association port strike; shady hot shot truckers; and more. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 5 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On episode 783 of WHAT THE TRUCK?!? Dooner is joined by RXO's Corey Klujsza to bring down their latest spot market report. We'll find out why RXO says we're in a new cycle, and we'll learn how we got here. OOIDA is celebrating veterans with Truckers for Troops! The fundraising effort has been an OOIDA tradition since 2007, originally dedicated to sending care packages to service personnel stationed in combat zones. Truckers for Troops has also helped a variety of veterans facilities, including those assisting or housing wounded, disabled or homeless service members. We'll find out how it works from Norita Taylor. Traveler's Craig Leinauer discusses the shocking rise of strategic theft and organized cargo crime rings. What does it mean for your liability and risk?  FreightWaves' Kaylee Nix gets us ready for the Future of Freight Festival which is coming to Chattanooga November 19-21.  Plus, a tour of thespacestore; porta potty bad luck; remote control semis; new WTT shirts and more. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 5 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On episode 783 of WHAT THE TRUCK?!? Dooner is joined by RXO's Corey Klujsza to bring down their latest spot market report. We'll find out why RXO says we're in a new cycle, and we'll learn how we got here. OOIDA is celebrating veterans with Truckers for Troops! The fundraising effort has been an OOIDA tradition since 2007, originally dedicated to sending care packages to service personnel stationed in combat zones. Truckers for Troops has also helped a variety of veterans facilities, including those assisting or housing wounded, disabled or homeless service members. We'll find out how it works from Norita Taylor. Traveler's Craig Leinauer discusses the shocking rise of strategic theft and organized cargo crime rings. What does it mean for your liability and risk?  FreightWaves' Kaylee Nix gets us ready for the Future of Freight Festival which is coming to Chattanooga November 19-21.  Plus, a tour of thespacestore; porta potty bad luck; remote control semis; new WTT shirts and more. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 5 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

Our guest on this week's episode is Jeff Rogers, director of field maintenance operations at Ryder, Inc. Veterans' Day is Monday. The supply chain industry, like many fields, has a large number of veterans who have brought the skills they acquired in the military and now apply them to civilian work. Our guest today shares about his own military experience and how it has helped him carve out a long and successful career at Ryder.You can hardly turn anywhere in our industry without hearing something about artificial intelligence and how it is bound to impact supply chains. However, actual and successful use cases are still being worked on. This week we learned about some actual examples of how AI is being deployed, working a bit behind the scenes to complete some common supply chain tasks.The return to steadier growth across logistics markets continued in October, as industry conditions moderated from the ups and downs of the last few years. That's according to the latest Logistics Managers' Index, or LMI, which was published on Tuesday. We share the latest statistics from the report and discuss what the numbers mean in reflecting trends in the industry.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. A series of ten episodes is now available on the "State of Logistics." The episodes provide in-depth looks into the current states of key transportation modes, such as trucking, rail, air, and ocean. It also looks at inventory management, 3PLs and more.  All ten episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:RyderC.H. Robinson automates 10,000 email tasks per day with AIInvestor Brad Jacobs hires chief artificial intelligence officerLogistics economy grew in OctoberGet episode transcriptsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: Werner Premium ServicesOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply

Transport Topics is the news leader in trucking and freight transportation. Today's briefing covers Platform Science's acquisition of Trimble's telematics units, RXO's purchase of Coyote Logistics, and Amazon drivers unionizing in New York City. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Small and mid-cap stocks are in correction mode after posting one of their best July's ever. MapSignals' Alec Young lays out how to play the space. Plus, RXO says a soft freight market is weighing on revenue. CEO Drew Wilkerson explains. And, Eli Lilly reports results today after rival Novo Nordisk warned of pricing pressures in the weight-loss drug industry. Tema ETFs' Maurits Pot discusses the outlook.

Transport Topics is the news leader in trucking and freight transportation. Today's daily briefing includes news on Bestpass acquiring Drivewyze, RXO's Q2 2024 earnings report, and Maersk's new acquisition plans after dropping its bid for DB Schenker. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our guest on this week's episode is John Lash, group vice president of product strategy at e2open. Good supply chains allow companies to remain competitive. But sometimes they need a bit of government help, especially when their competitors receive assistance from their own governments. That's one reason why the Biden Administration has launched the White House Council on Supply Chain Resilience. Our guest shares why this latest task force was created and what it is intended to address.Government regulations are always a big topic at trucking-industry events, and that was certainly the case this week at the SMC3 Connections conference in Colorado Springs. Connections is an annual educational event sponsored by SMC3. We share some of the highlights from the conference, including proposed government regulations that freight companies see as concerns due to their their implementation timelines.This week UPS sold its Coyote Logistics division to RXO. UPS had acquired Coyote for $1.8 billion in 2015, when it was a hot startup in the freight brokerage sector. Since that time, conditions have gotten really tough in the truckload freight business, which has been in a freight recession for about two years now. The sale reflects that downturn, as Coyote was sold for just over $1 billion. We look at the deal and discuss how both RXO and UPS will benefit from it moving forward.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals.  Go to your favorite podcast platform to subscribe and to listen to past and future episodes.Articles and resources mentioned in this episode:e2openLegislation and the environment top trucking industry concernsUPS sells off Coyote brokerage arm to RXO for $1.025 billionGet episode transcriptsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: Equipment DepotOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

Join us as we dive into the latest developments in the freight industry. This week, we discuss UPS's strategic moves and the acquisition of Coyote Logistics by RXO. We explore the implications for the brokerage space, technology integration, and the human cost of these changes. Segments: 00:00:14 - 00:01:16: UPS's strategic disinvestment and the challenges of finding a buyer. 00:01:16 - 00:01:58: Industry consolidation and the potential buyers for Coyote Logistics. 00:01:58 - 00:02:14: UPS's return to its core business and the impact on Coyote Logistics. 00:02:14 - 00:03:39: The clash of cultures between UPS and Coyote Logistics and its consequences. 00:03:39 - 00:04:32: Analysts' perspectives and the human cost of the acquisition. 00:04:32 - 00:05:32: Market trends, contract loosening, and the impact on intermodal and rail freight. 00:05:32 - 00:07:16: Driver satisfaction and the changing nature of complaints. 00:07:16 - 00:08:17: The potential for market shocks and their effects on spot and contract markets. 00:08:17 - 00:09:28: The evolving landscape of freight fraud and preventive measures. 00:09:28 - 00:10:13: Upcoming content on FreightWaves and how to stay informed. Don't forget to check out our latest articles and subscribe to our shows at freightwaves.com/loaded-and-rolling. Stay ahead in the freight game with our in-depth analysis and insights! #FreightIndustry #UPS #CoyoteLogistics #ArcBest #FreightConsolidation #MarketTrends #Intermodal #RailFreight #FreightFraud #Freightwaves #LogisticsNews #TransportationTech #IndustryInsights

Outdoor Living Spaces Expansion:Gen X and Millennials are heavily investing in outdoor living enhancements.Significant structural improvements: decks, outdoor kitchens, pools, hot tubs.Key motivators: limited housing stock, high interest rates.Popular purchases: lighting, chairs, rugs, pillows, outdoor dining sets.Port Congestion and Freight Rates:Severe delays at the Port of Singapore and increased freight rates.Impact on furniture importers: skyrocketing costs, squeezed margins.Major carriers (Maersk, ZIM, Hapag-Lloyd) improve financial outlooks.UPS Sells Coyote Logistics:UPS sells Coyote Logistics to RXO for over $1 billion.Strategic focus shift to small package delivery and logistics services.Potential TikTok Ban:Concerns about where users might migrate.TikTok's impact on marketing, especially among Gen Z.Brands encouraged to diversify marketing strategies.Amazon Prime Day:Targeting back-to-school shoppers with deals on July 16-17.Influencer collaborations and promotions.Serta Simmons Bedding New CEO:Jim Loree appointed as new CEO.Focus on operational excellence and innovation.Ashley Furniture Megastore in Las Vegas:Opening a 273,000-square-foot megastore by early 2025.Dual function: showroom and distribution center.JCPenney Financial Challenges:Reported deeper net loss and sales decline.Success in women's apparel, handbags, and shoes.Enhanced rewards program to drive recovery.Oka Exits U.S. Market:British luxury brand exits due to financial and operational challenges.Focus on consolidating efforts in the U.K. market.Key Quotes:"Millennials are particularly keen on making their yards more functional and personalized, often through significant investments.""The situation demonstrates the interconnected nature of global supply chains and the significant ripple effects that port congestions can have on various industries.""If TikTok gets banned, brands might see these users shifting their time to similar apps, potentially increasing their activity on platforms where they're already engaged."Stay Updated:Subscribe to our podcast to stay informed with the latest news and insights from the furniture industry. Thank you for tuning in!

RXO just announced the acquisition of Coyote Logistics for $1.025 billion. On today's episode, you get to hear a deep dive with RXO CEO Drew Wilkerson. He breaks down why Coyote was such an attractive acquisition target for RXO, what he hopes to accomplish through the integration process, and how he is thinking about their future together strategically. We talk about the impact to the people from both organizations, the processes, and the technology the organization will use moving forward. Drew gives us a glimpse into his strategic approach and a message to his future employees from Coyote.We also delve into the complexities of integrating sales teams and maintaining customer relationships during acquisitions. Drew sheds light on the importance of people and culture, emphasizing that success hinges on engaging with employees and customers alike. Learn how RXO plans to use detailed customer feedback to drive continuous improvement and align everyone to their mission. Drew's enthusiasm is palpable as he discusses the future, confident in the freight brokerage model and the strategic advantages this acquisition brings.***Episode brought to you by Rapido Solutions Group. I had the pleasure of working with Danny Frisco and Roberto Icaza at Coyote, as well as being a client of theirs more recently at MoLo. Their team does a great job supplying nearshore talent to brokers, carriers, and technology providers to handle any role necessary, be it customer or carrier support, back office, or tech services.***

Historic speaker invited to address the GOP Convention next month; UPS to sell Coyote Logistics to RXO; Fed interest rate cuts back in the discussion, what, if anything, has changed? What is driving oil prices, reality or expectations? Iranian backed Houthi terrorists increase attacks in the Red Sea.

In der heutigen Folge von “Alles auf Aktien” sprechen die Finanzjournalisten Laurin Meyer und Philipp Vetter über den Zoll-Optimismus für BMW, Mercedes-Benz und Volkswagen, neue Übernahme-Phantasie bei Covestro und eine potenzielle Giganten-Partnerschaft zwischen Meta und Apple. Außerdem geht es um Porsche AG, Stellantis, Volvo, Nvidia, RXO, UPS, Britvic, Carlsberg, Qualcomm, Micron, TSMC, ASML, Infineon, Itochu, Marubeni, Mitsubishi, Mitsui & Co, Sumitomo, iShares MSCI Japan EUR Hedged (WKN: A1C5E6) oder den Xtrackers MSCI Japan ETF 4C EUR Hedged (WKN: DBX0KT) und iShares MSCI Global Semiconductors (WKN: A3CVRA). Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Ohne Aktien-Zugang ist's schwer? Starte jetzt bei unserem Partner Scalable Capital. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Aktien + Whatsapp = Hier anmelden.  Lieber als Newsletter? Geht auch.  Das Buch zum Podcast? Jetzt lesen.  China pusht Auto-Aktien, die Arabische Halbinsel pusht Covestro und Siemens. Wachstumsphantasien pushen Deutz, nix pusht NVIDIA oder den Bitcoin. Außerdem hat Apple ein EU-Problem, RXO kauft Konkurrenz und Alnylam hat gute Studien. Wer bohrt das Öl? Die Kollegen bei Baker Hughes (WKN: A2DUAY). Wer hebt die Container? Die Kräne von Konecranes (WKN: 899827). Diesen Podcast vom 25.06.2024, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

Historic speaker invited to address the GOP Convention next month; UPS to sell Coyote Logistics to RXO; Fed interest rate cuts back in the discussion, what, if anything, has changed? What is driving oil prices, reality or expectations? Iranian backed Houthi terrorists increase attacks in the Red Sea.

ResMed has had the market on sleep apnea cornered for a while, but new weight-loss drugs might be creeping in. We look at what could change based on recent studies and some other businesses that have established lifelong customers. (00:21) Bill Barker and Dylan Lewis discuss: - How weight-loss drugs like Eli Lilly's Zepbound might be coming for ResMed and the sleep apnea market. - RXO take a bigger piece of the brokered transportation market, scooping up Coyote Logistics from UPS. - Target and Shopify linking up for a win-win partnership. (13:02) Tim Beyers and Ricky Mulvey discuss the value of lifetime-customer relationships, why they're huge for the likes of Apple, and Costco, and one lesser-known name that may have one too. Companies discussed: LLY, NVO, RMD, SPOT, AAPL, SNOW Host: Dylan Lewis Guests: Tim Beyers, Tim Beyers, Ricky Mulvey Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

On Episode 727 of WHAT THE TRUCK?!?, Dooner is talking with FreightWaves' Craig Fuller about UPS' sale of Coyote for $1 billion to RXO. They're breaking down the deal and will look into why Coyote took a loss of over $700 million in the transaction. RXO is now the 3rd biggest freight brokerage. Is this just the start of a summer of M&A? Two thousand employees, 500 of whom are drivers, are out of jobs as Texas-based U.S. Logistics Solutions abruptly shuts down. Fuller will weigh in on this stage of the freight market recovery and whether these shutdowns are part of the correction. Roger Mackbach is a Relay Haul of Fame Spotlight Driver for a reason. We'll hear how he overcame the loss of his right arm to get his CDL again. We'll find out what he's learned on the road in his 24 years of driving. Travelers' Elizabeth Simpkins talks about women in trucking and the work she's doing to get more ladies in the field and behind the wheel.  Plus, more squats across America.  Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

Mayor Brandon Johnson won the first round of a fight with local Ald. Scott Waguespack over a residential project near Lincoln Yards. Crain's politics reporter Justin Laurence talks with host Amy Guth about the development and the city's potentially shifting custom of aldermanic prerogative.Plus: Former Ald. Ed Burke sentenced to 24 months in prison, American Express buying Tock for $400 million, RXO agrees to buy Coyote Logistics for $1 billion and federal prosecutors reportedly recommend DOJ criminally charge Boeing.

 We're back with another episode of The Option Block brought to you by  Public.  On this episode, we break down the latest news in the markets. We discuss the most active equity options for the day including SMCI, GME, AAPL, and NVDA. We talk about the latest earnings volatility including FDX and MU. We also look at unusual options activity in RXO, HUN, and SID. In our Strategy Block Segment, Mike Tosaw says hedging is cool again. In our final segment, we discuss what options strategy do you anticipate using during this traditionally quiet period until Labor Day.  With your hosts:  Mark Longo,  The Options Insider Media Group  Andrew “The Rock Lobster: Giovinazzi, The Option Pit  “Uncle” Mike Tosaw, St. Charles Wealth Management  Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.  Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document  Supporting documentation for any claims will be furnished upon request.  If you are enrolled in our  Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our  Fee Schedule, Order Flow Rebate FAQ, and  Order Flow Rebate Program Terms & Conditions.  Options can be risky and are not suitable for all investors. See the  Characteristics and Risks of Standardized Options  to learn more.  All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.

On Episode 727 of WHAT THE TRUCK?!?, Dooner is talking with FreightWaves' Craig Fuller about UPS' sale of Coyote for $1 billion to RXO. They're breaking down the deal and will look into why Coyote took a loss of over $700 million in the transaction. RXO is now the 3rd biggest freight brokerage. Is this just the start of a summer of M&A? Two thousand employees, 500 of whom are drivers, are out of jobs as Texas-based U.S. Logistics Solutions abruptly shuts down. Fuller will weigh in on this stage of the freight market recovery and whether these shutdowns are part of the correction. Roger Mackbach is a Relay Haul of Fame Spotlight Driver for a reason. We'll hear how he overcame the loss of his right arm to get his CDL again. We'll find out what he's learned on the road in his 24 years of driving. Travelers' Elizabeth Simpkins talks about women in trucking and the work she's doing to get more ladies in the field and behind the wheel.  Plus, more squats across America.  Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

A) Three ThingsJust Skip Home Insurance?UPS Selling Coyote Logistics to RXOSounds Like A Chinese Bailout To MeB) Tackling Life One Fire at a TimeC) PIPS POTDTrade while you sleep and across time zones with Arbitrage Trade AssistVisit arbitragetrade.com NFA. We offer an AI Algorithm Service at ArbitrageTrade.com#new, #breakingnews, #foryou, #news, #HighInsurance, #Homeowners, #UPS, #RXO, #ChinaBailout, #ChineseInstitutions, #RealEstateCrisisSupport this show http://supporter.acast.com/arbitrage. Hosted on Acast. See acast.com/privacy for more information.

We're back with another episode of The Option Block brought to you by Public.   On this episode, we break down the latest news in the markets. We discuss the most active equity options for the day including SMCI, GME, AAPL, and NVDA. We talk about the latest earnings volatility including FDX and MU. We also look at unusual options activity in RXO, HUN, and SID. In our Strategy Block Segment, Mike Tosaw says hedging is cool again. In our final segment, we discuss what options strategy do you anticipate using during this traditionally quiet period until Labor Day.   With your hosts: Mark Longo, The Options Insider Media Group Andrew “The Rock Lobster: Giovinazzi, The Option Pit “Uncle” Mike Tosaw, St. Charles Wealth Management Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document Supporting documentation for any claims will be furnished upon request. If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions. Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.

Lo analizamos con Julián Coca, gestor del fondo Alinea Global, con especial atención en las actualizaciones en Apple y Tiktok en cuanto a la inteligencia artificial Y la venta de Coyote Logística a RXO por parte de UPS

Brad Jacobs is venturing into building materials distribution with a new firm branded QXO. His initial forecast is $1B in revenue in Year 1 and at least $5B within three years. How, you may ask, does he plan to do that? Well, he wrote on book on it, humbly titled, How to Make a Few Billion Dollars, which I would absolutely recommend to a friend.   Upon hearing the news, Jon Vaughan and Bradley Hartmann dropped what they were doing and bought the book, listened to eight hours of past Brad Jacobs podcasts, and spoke to leaders in the freight industry who knew Brad back in 2011 when he ventured into that industry.  Then Jon and Bradley got together to talk about what they learned, what they think will happen, and what you need to know.    Below is an edited transcript of QXOs announcement:  After a comprehensive year-long search, Brad Jacobs announced his intention to create a market leader in building products distribution — an industry with approximately $800 billion in annual revenue between North America and Europe. The company will be called QXO, Inc. On December 3, 2023, Jacobs Private Equity entered into an investment agreement with SilverSun Technologies, Inc. (Nasdaq: SSNT) in which they will invest $1 billion in cash. Upon the closing of the equity investment, SilverSun will be renamed QXO. JPE will become QXO's majority stockholder, and Jacobs will become the company's chairman and chief executive officer. QXO will become a standalone platform for Jacobs' new venture following the spin off of the existing business to SilverSun stockholders.   QXO's StrategyQXO plans to create a tech-forward industry leader in the building products distribution industry through accretive M&A and organic growth, including greenfield openings, with the goal of generating outsized stockholder value.   Distributors of building products offer materials, finished goods, value-added solutions and expertise to a broad range of customers across residential, nonresidential, industrial and infrastructure end-markets. Their products are used extensively in new construction and in repair and remodeling. Key categories include access control, construction supplies, doors and windows, electrical components, fencing and decking, HVAC, infrastructure, landscaping, lumber, plumbing, pools, roofing, siding and water, among others. QXO expects to achieve a revenue run-rate of at least $1 billion by the end of year one, at least $5 billion within three years, and tens of billions of dollars over the next decade. QXO's scale should elevate the customer experience, increase sales force effectiveness, and enable margin expansion. The industry's nascent use of technology, particularly AI and B2B e-commerce, represents a compelling opportunity for tech-focused entrants. According to industry data, the percentage of industry revenue derived from e-commerce is currently only mid-single digits, and this share is expected to triple by 2030. Additional types of tech adoption by distributors have the potential to be transformative through price optimization, demand forecasting, warehouse automation and robotics, automated inventory management, route optimization for delivery fleets, supply chain visibility, and end-to-end digital customer connectivity. QXO's strategy anticipates that these drivers, among others, will be central to the company's goal of outsized stockholder value creation.   The Market OpportunityThe building products distribution industry is highly fragmented, with approximately 7,000 distributors in North America and 13,000 in Europe, according to industry observers. The industry has generated compound annual revenue growth of 7% over the last five years, based on industry data, and continues to benefit from powerful secular growth drivers for building products distribution in the residential, nonresidential and infrastructure sectors. For example, industry reports estimate that the current supply of US homes is 3 million units short of demand, potentially creating long-term tailwinds for both new construction and the repair and remodeling of aging homes. In the nonresidential sector, long-term demand is expected to be driven by growth across multiple industrial and commercial verticals, according to industry sources. Infrastructure should benefit from the widely reported need for repair or replacement of America's public transportation, utility and communication systems, among others. These market dynamics, together with the fragmented nature of the industry, offer a significant opportunity to unlock growth potential through scale and technology. National distributors can serve large customers across multiple geographies and project types with standardized efficiencies, providing consistent, data-driven customer services across a broad operating scope. Additionally, a scaled technology ecosystem can expand the array of value-added services offered to customers, such as jobsite visibility into product consumption, digital configuration tools for custom ordering and tracking, and virtual design capabilities that interface with product order flow.   Track Record Brad Jacobs has completed approximately 500 M&A transactions in his career, and built five multibillion-dollar, publicly traded companies to date: XPO, Inc. (NYSE: XPO), one of the largest providers of less-than-truckload services in North America; GXO Logistics, Inc. (NYSE: GXO), the largest pure-play contract logistics provider in the world; RXO, Inc. (NYSE: RXO), a leading tech-enabled freight brokerage platform; United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company; and United Waste Systems, Inc., the fifth largest U.S. waste management company at the time of its sale. ‍ Each of these companies has a history of attracting world-class talent, establishing advantages through technology, and scaling up through accretive capital allocations for M&A and organic growth. This decades-long track record should position QXO to acquire exceptional businesses, integrate them effectively, improve margins and generate high returns on capital. --------- You can view clips from this episode with Jon Vauaghn on our YouTube channel - https://www.youtube.com/@bradleyhartmannandco     This episode is brought to you by The Simple Sales Pipeline® which will organize and value any construction sales rep's roster of customers and prospects in under 30 minutes. *** If you enjoyed this podcast, we'd sincerely appreciate it if you left a review on Apple Podcasts. The feedback helps improve the show and helps with our visibility as well. The more people listen to the podcast, the more we can invest into it to make it even better.

On episode 682 of WHAT THE TRUCK?!?, Dooner is joined by GateGo founder and CEO Adrian Garcia. Garcia recently purchased a pair of Apple Vision Pros and is here to tell us how they can apply to supply chain. We'll also learn how GateGo is eliminating manual data entry and making your yard more efficient. Zuum co-founder Mustafa Azizi predicts that 2024 will be a comeback year for the freight market. We'll find out what he's seeing out there and what he's hearing on the street at the Stifel conference in Miami.  Metafora's Chief Growth Officer Ryan Schreiber shares the importance of freight mix; what we can learn from RXO; and the buzz around AI. Norton Transport VP Justin Scott talks about his company hitting the $100 million revenue milestone and their announcement of a major expansion in San Antonio. We'll find out how they're winning.  Plus, have you ever found love at a truckstop; Waymo attacked; plane crash in Naples; and more. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On episode 682 of WHAT THE TRUCK?!?, Dooner is joined by GateGo founder and CEO Adrian Garcia. Garcia recently purchased a pair of Apple Vision Pros and is here to tell us how they can apply to supply chain. We'll also learn how GateGo is eliminating manual data entry and making your yard more efficient. Zuum co-founder Mustafa Azizi predicts that 2024 will be a comeback year for the freight market. We'll find out what he's seeing out there and what he's hearing on the street at the Stifel conference in Miami.  Metafora's Chief Growth Officer Ryan Schreiber shares the importance of freight mix; what we can learn from RXO; and the buzz around AI. Norton Transport VP Justin Scott talks about his company hitting the $100 million revenue milestone and their announcement of a major expansion in San Antonio. We'll find out how they're winning.  Plus, have you ever found love at a truckstop; Waymo attacked; plane crash in Naples; and more. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

Drawing from an expertise in launching billion-dollar, NYSE-listed enterprises like United Rentals, RXO, Inc. and GXO Logistics, entrepreneur Brad Jacobs is a master at identifying untapped industries and propelling businesses to extraordinary heights. The author of the new book, “How to Make a Few Billion Dollars,” Jacobs shares his strategies for navigating the journey to the IPO summit and offers insight into the intricate landscape of wealth creation. https://www.ice.com/insights/conversations/inside-the-ice-house

Brad Jacobs has founded multiple multi-billion dollar companies in his career. He turned United Waste into part of a major trash collection conglomerate. United Rentals has been a massive winner in equipment rental for the construction industry. And XPO Logistics (which has spun out GXO and RXO) is a freight behemoth. Now, he's planning on doing it again. His new company, QXO, wants to be a billion-dollar player in the area of building products distribution. On this episode, we speak to Jacobs — who is the author of the new book, How To Make A Few Billion Dollars — about why he chose to go into this industry, his philosophy of building businesses, and how he plans to win in this space.See omnystudio.com/listener for privacy information.

Summary Join us for a riveting keynote at the Domestic Supply Chain Summit where Thomas Wasson interviews Jared Weisfeld, the Chief Strategy Officer at RXO. They delve into the future of the supply chain industry, discussing the outlook for 2024, inventory positions, consumer health, capacity exits, the shift from goods to services, nearshoring trends, and the significance of strategic planning and execution in the industry. Key Highlights - Inventory positions for retail and e-commerce customers, a concern in 2023, have shown improvement as we head into 2024. - The health of consumers and the shift in the mix between goods and services were significant factors impacting the supply chain in 2023. - The rate of carrier attrition and capacity exits continue to be critical considerations for the freight economy. - Nearshoring is emerging as a long-term trend with potential positive impacts on the US freight economy. - Investments in technology and fostering strong customer relationships are pivotal strategies for success in the supply chain industry. - Leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits are key to predicting market trends. Guests Jared Weisfeld serves as the Chief Strategy Officer at RXO. With a rich background in the technology sector, Jared joined the company in 2023. He is responsible for steering the strategic direction of the company and has played a crucial role in harnessing technology to enhance operations. Resources - rxo.com Action Steps - Stay informed about the state of the supply chain by monitoring inventory positions and consumer health. - Evaluate the potential benefits of nearshoring for your business and explore growth opportunities in this area. - Invest in technology to boost efficiency and service in the supply chain industry. - Maintain robust relationships with customers and adapt to their evolving needs. - Keep an eye on leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits to anticipate market trends. Listener Challenge Seize the opportunity to strategically invest in your business and deepen your connection with customers during market downturns. Next Steps To learn more about RXO and how they can bolster your business in the supply chain industry, visit rxo.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Summary Join us for a riveting keynote at the Domestic Supply Chain Summit where Thomas Wasson interviews Jared Weisfeld, the Chief Strategy Officer at RXO. They delve into the future of the supply chain industry, discussing the outlook for 2024, inventory positions, consumer health, capacity exits, the shift from goods to services, nearshoring trends, and the significance of strategic planning and execution in the industry. Key Highlights - Inventory positions for retail and e-commerce customers, a concern in 2023, have shown improvement as we head into 2024. - The health of consumers and the shift in the mix between goods and services were significant factors impacting the supply chain in 2023. - The rate of carrier attrition and capacity exits continue to be critical considerations for the freight economy. - Nearshoring is emerging as a long-term trend with potential positive impacts on the US freight economy. - Investments in technology and fostering strong customer relationships are pivotal strategies for success in the supply chain industry. - Leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits are key to predicting market trends. Guests Jared Weisfeld serves as the Chief Strategy Officer at RXO. With a rich background in the technology sector, Jared joined the company in 2023. He is responsible for steering the strategic direction of the company and has played a crucial role in harnessing technology to enhance operations. Resources - rxo.com Action Steps - Stay informed about the state of the supply chain by monitoring inventory positions and consumer health. - Evaluate the potential benefits of nearshoring for your business and explore growth opportunities in this area. - Invest in technology to boost efficiency and service in the supply chain industry. - Maintain robust relationships with customers and adapt to their evolving needs. - Keep an eye on leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits to anticipate market trends. Listener Challenge Seize the opportunity to strategically invest in your business and deepen your connection with customers during market downturns. Next Steps To learn more about RXO and how they can bolster your business in the supply chain industry, visit rxo.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if you could gain insight from a man who started as a sales guy and climbed the ladder all the way to CEO of a publicly traded brokerage? Our guest this week, Drew Wilkerson, takes us on a thrilling journey of his career, and if you're a fan of incredible success stories, you're in for a treat. From his humble beginnings at CH Robinson in 2006, Drew shares how he harnessed the power of relationships and excellent customer service to rise through the ranks to where he is today - at the helm of RXO.This episode could serve as a masterclass on leadership, as Drew walks us through how he went from being an individual contributor to eventually overseeing 7,500 people today. He talks about the importance of transparency, alignment of employees through a powerful mission and pointed surveys, an open-door policy, and more. It's no surprise Brad Jacobs saw the potential and chose to mentor him, which made him an excellent fit to lead RXO as it was spun-off from XPO as the new asset-light transportation business.We hit on additional specific topics including managing through COVID, making and communicating difficult decisions around in-office versus remote work policies, dealing with investors in the public eye, and much more. Enjoy this episode of The Freight Pod.

Investments in technology should drive productivity and profitability, as well as be a differentiator at RXO, according to CEO Drew Wilkerson. In this Talking Transport podcast episode, Wilkerson joins Bloomberg Intelligence Senior Analyst Lee Klaskow for an in-depth discussion about how technology can provide RXO with a competitive advantage. He also sees green shoots emerging, which may point to better trucking supply-demand dynamics. Wilkerson also comments on issues like trucking capacity, M&A, profitability and life after the spinoff from XPO. This episode was originally released on Oct. 19, 2023.See omnystudio.com/listener for privacy information.

I bet you always wanted to know how to make a few billion dollars.Well, I wanted to know too, so I read the book "How to Make a Few Billion Dollars" by Brad Jacobs.But, I had questions...Luckily for us, Brad agreed to come on the show!  Brad has founded seven companies?all billion-dollar or multi-billion-dollar corporations?completed approximately 500 M&A transactions, and raised $30 billion of debt and equity capital through private and public offerings, including three IPOs. He began his career at age 23 when he founded Amerex Oil Associates, followed by Hamilton Resources, both privately held. He subsequently created five publicly traded companies?United Waste Systems, United Rentals, XPO, and XPO's two spin-offs, GXO Logistics and RXO.I asked my questions, some related to making billions of dollars, but also stuff that had completely nothing to do with it. Although...maybe it *does* have something to do with making billions of dollars after all...-----------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn

I bet you always wanted to know how to make a few billion dollars.Well, I wanted to know too, so I read the book “How to Make a Few Billion Dollars” by Brad Jacobs.But, I had questions...Luckily for us, Brad agreed to come on the show!  Brad has founded seven companies―all billion-dollar or multi-billion-dollar corporations―completed approximately 500 M&A transactions, and raised $30 billion of debt and equity capital through private and public offerings, including three IPOs. He began his career at age 23 when he founded Amerex Oil Associates, followed by Hamilton Resources, both privately held. He subsequently created five publicly traded companies―United Waste Systems, United Rentals, XPO, and XPO's two spin-offs, GXO Logistics and RXO.I asked my questions, some related to making billions of dollars, but also stuff that had completely nothing to do with it. Although...maybe it *does* have something to do with making billions of dollars after all...-----------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook

Transport Topics is the news leader in trucking and freight transportation. Today's daily briefing includes earnings reports for Daimler Truck and RXO and news about a study that is looking into the purchase-lease agreements some independent truckers sign.

Seth Clevenger and Joe Lynch discuss the top 100 logistics companies. Seth is Managing Editor of features at Transport Topics. He plans, writes and edits news features for Transport Topics' weekly newspaper, supplemental publications and TTNews.com. About Seth Clevenger Seth Clevenger is Managing Editor of features at Transport Topics. He plans, writes and edits news features for Transport Topics' weekly newspaper, supplemental publications and TTNews.com. He also creates video and audio content for Transport Topics' webcasts, podcasts and radio programming. Clevenger, who joined TT in 2011, covers the latest industry news with a special focus on transportation technology, including automated vehicles and driver-assist systems, the latest developments in trucking equipment, transportation management software, telematics and mobile communications, data analytics, routing and navigation software, onboard video and more. Clevenger, currently based in Alexandria, Va., is a native of northwest Ohio. He is a 2005 graduate of Miami University in Oxford, Ohio.  About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. When it comes to major issues, industry events, and new developments, TT journalists get the story first and get it right, keeping readers informed about all aspects of the trucking industry and helping them stay ready for what's to come. Key Takeaways: The Top 100 Logistics Companies Seth Clevenger is Managing Editor of features at Transport Topics. He plans, writes, and edits news features for Transport Topics' weekly newspaper, supplemental publications and TTNews.com. In the podcast interview, Seth and Joe discuss the top 100 logistics companies. Below are some highlights from Seth's article, 2023 Top 100 Logistics List Highlights Growth for 3PLs. Despite a challenging economic environment and less favorable market conditions, the largest third-party logistics companies in North America continued to grow last year. Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom. Shippers have replenished their inventories after struggling with supply chain bottlenecks during the recovery from the coronavirus pandemic. An overwhelming majority of the 3PLs that appear on the 2023 Transport Topics Top 100 Logistics Companies list continued to grow their revenues last year. The annual list ranks companies on the basis of annual gross revenue generated by their logistics operations, including freight brokerage, freight forwarding, warehousing and distribution and asset-based dedicated contract carriage. Freight brokerage giant C.H. Robinson Worldwide holds onto its No. 1 ranking by a significant margin. Ryder Supply Chain Solutions climbed into the top 10 after expanding its revenue to $6.5 billion last year. Armada Supply Chain Solutions acquired St. Louis-based freight brokerage Sunset Transportation and lands at No. 13 on the Top 100 with more than $5.5 billion in revenue. Several companies are making their first appearance on the Top 100 this year, including RXO, Ryan Transportation Service, Scotlynn Group, Canada Cartage, KAG Logistics, and Logistics Plus. The Top 100 list and the accompanying sector rankings were produced in collaboration with industry research and consulting firm Armstrong & Associates.  Learn More About The Top 100 Logistics Companies Seth on LinkedIn Transport Topicst on LinkedIn Transport Topics website Road Signs Podcast Episode Sponsor: Port X Logistics Is Drayage Just Drayage with Brian Kempisty Episode Sponsor: Lean Solutions Group Outsourced Sales and Marketing with Ryan Mann The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

On today's episode of WHAT THE TRUCK?!? Dooner is talking to SuperTrucker Justin Martin about the great Buc-ee's debate. How do drivers feel about being excluded from the fuel stations' lots?  Plus, did blitz week bring stability to truckload markets; first-year driver pay; how to properly block a road; 30 tons of explosive chemicals missing from a rail car; the importance of airbags; and awful TikTok recipes.  A new brokerage gets its wings. Titan Logistics Services cuts the ribbon this week. It's led by industry veteran Jenna Sargent as its CEO. Her impressive background is marked by leadership at multiple top 10 organizations such as Schneider Logistics, Geodis (formerly OHL), XPO Logistics and RXO. We'll learn all about what this exciting new entrant brings to the market.  Ever deliver a load to a yacht, war zone or military office? Gateway Crate & Freight's Steven Tittle drops by the studio to talk about final mile and inside delivery markets. We'll learn all about the changing needs of this high-touch freight.  Visit our sponsor Watch on YouTube Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode of WHAT THE TRUCK?!? Dooner is talking to SuperTrucker Justin Martin about the great Buc-ee's debate. How do drivers feel about being excluded from the fuel stations' lots?  Plus, did blitz week bring stability to truckload markets; first-year driver pay; how to properly block a road; 30 tons of explosive chemicals missing from a rail car; the importance of airbags; and awful TikTok recipes.  A new brokerage gets its wings. Titan Logistics Services cuts the ribbon this week. It's led by industry veteran Jenna Sargent as its CEO. Her impressive background is marked by leadership at multiple top 10 organizations such as Schneider Logistics, Geodis (formerly OHL), XPO Logistics and RXO. We'll learn all about what this exciting new entrant brings to the market.  Ever deliver a load to a yacht, war zone or military office? Gateway Crate & Freight's Steven Tittle drops by the studio to talk about final mile and inside delivery markets. We'll learn all about the changing needs of this high-touch freight.  Visit our sponsor Watch on YouTube Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts

RXO on May 3 reported revenue exceeding $1 billion for its first full quarter as an independent company. The Charlotte, N.C.-based asset-light transportation provider posted no net income for the three months ending March 31. That compared with $39 million, or 34 cents a diluted share, during the year-ago period when the company was operating within XPO. Total revenue decreased by 23% to $1.01 billion from $1.31 billion.

RXO yesterday celebrated the grand opening of its newest cross-border facility in Laredo, Texas. The asset-light transportation provider opened the warehousing and distribution services facility to provide customers with end-to-end cross-border service that will help streamline their supply chains. The facility, located a half mile from the Mexico border, is 127,000 square feet and has 43 dock doors and parking for approximately 160 trailers.

On this episode of EY Better Innovation, Yoav Amiel, Chief Information Officer at RXO, the recent spin-off of XPO Logistics, joins Jeff to explore how novel tech and data solutions are fueling innovation in freight transportation - an industry ripe for radical disruption.  The culmination of Yoav's experiences at RXO and formerly, XPO, Amazon, and Microsoft, give him a unique perspective on the global challenges facing the transportation and logistics sector. Tune-in to learn about the state of the industry, and how Yoav is driving what some might call one of the most significant disruptions the sector has ever seen.

Walmart isn't the first company that comes to mind when thinking about technology platforms, but that's not stopping the retailer from expanding. (0:21) Emily Flippen discusses: - Nelson Peltz and Trian Fund Management pushing for a seat on Disney's board - Why Peltz is "a day late and a dollar short" - Salesforce partnering up with Walmart   (11:30) Ricky Mulvey talks with Jamie Harris, CFO of freight booking company RXO, about what his business saw during the holidays and how RXO is disrupting a surprising industry.   Our new report, "5 Pullback Stocks" is available for free to Stock Advisor members. To access the report just go to www.fool.com/Pullback.   Stocks discussed: DIS, NKE, WMT, CRM, RXO   Host: Chris Hill Guest: Emily Flippen, Jamie Harris Producer: Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl

In this episode of The Hot Seat, Spencer Tenney interviews Jared Weisfeld, the Chief Strategy Officer at RXO. They discuss what led XPO to spin off RXO, how they are building resiliency in an uncertain market, and where they see the final mile space going in 2023. --- Send in a voice message: https://podcasters.spotify.com/pod/show/the-hot-seat-tenney-group/message

On today's episode of WHAT THE TRUCK?!? Dooner is taking a look at how the industry is celebrating Thanksgiving and we're giving out our trucking turkey of the year award. Just how far apart are autonomous and electric trucking technologies? We'll get an update on the state of the industry from FreightWave's Alan Adler.We'll take a trip back in time with Rachel Premack to look at the life of an old school trucker during Thanksgiving plus a look forward at what ACT research says about the spot market.What is RXO? We'll learn all about XPO's latest spin-off from their vice president of technology, Alyssa Myers.Back The Truck Up's Rooster and SuperTrucker help name the turkey of the year; drivers quitting during the holidays; taking food from strangers; Navy's out of this world football uniforms; and a look at a new trucking movie ‘Golden Arm.' Visit our sponsorWatch on YouTubeSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts Discover an easier way of doing business with the J.B. Hunt 360°® platform. Manage the entire shipping process from start to finish, all in one place. See what the power of the J.B. Hunt 360 platform can do for you at jbhunt.com/power.

On today's episode of WHAT THE TRUCK?!? Dooner is taking a look at how the industry is celebrating Thanksgiving and we're giving out our trucking turkey of the year award. Just how far apart are autonomous and electric trucking technologies? We'll get an update on the state of the industry from FreightWave's Alan Adler.We'll take a trip back in time with Rachel Premack to look at the life of an old school trucker during Thanksgiving plus a look forward at what ACT research says about the spot market.What is RXO? We'll learn all about XPO's latest spin-off from their vice president of technology, Alyssa Myers.Back The Truck Up's Rooster and SuperTrucker help name the turkey of the year; drivers quitting during the holidays; taking food from strangers; Navy's out of this world football uniforms; and a look at a new trucking movie ‘Golden Arm.' Visit our sponsorWatch on YouTubeSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts

Welcome to Episode 108 of Pelo Buddy TV, an unofficial Peloton podcast & Peloton news show. Note that we won't have an episode next week (Nov 27) but will be back on December 4th. This week we cover the following topics: Hannah Frankson is now teaching Tread classes and had her premiere class this week. The Peloton Bike & Bike+ now highlight the current power zone you should be in, based on what the coach calls out. Peloton announced their Black Friday sales, which is free accessories with purchase of hardware. Both PSNY & PSL will be closed with no live classes from Dec 23-25 and Dec 30-Jan 1. John shares his first impressions of the Peloton Row after having his delivery this week. Peloton is using RXO for deliveries, which is a spin-off company of XPO. Peloton is now available on Amazon in the UK, and will be on Amazon Germany in the coming weeks. Peloton has shared they plan to have new pricing tiers, a freemium option, and locked content next year for Peloton Digital users. Mariana Fernandez & Denis Morton have new yoga classes designed for riders & runners. Peloton honored Veterans Day & Armistice Day with special classes & badges The newest artist series is *NSYNC, and JC also was the guest on LOL, Cody this week. Last week saw a Carly Rae Jepsen artist series after her LOL Cody appearance. Several new “Extra 10” classes were added to the library this week. Olivia Amato talked about a Taylor Swift “Midnights” class she recorded. Peloton will have 4 different live bike bootcamp classes the day after Thanksgiving. Anna Greenberg shared that she will be back teaching classes in January. There were several classes in the middle of the week with members live in the studio during class. Matt Wilpers & Ash Pryor are hosting a meet & greet in California on Nov 19. Peloton had a new holiday themed apparel drop this week. Ally Love was on The Today Show Anna Greenberg was on “Yoga | Birth | Babies” podcast Jess King was interviewed on The Today Show John & Amanda share their, and the community's, class picks of the week. You can find links to full articles on each of these topics from the episode page here: https://www.pelobuddy.com/pelo-buddy-tv-episode-108/ The show is also available via YouTube: https://www.youtube.com/c/PeloBuddy This episode is hosted by Amanda Segal (#Seglo3) and John Prewitt (#Kenny_Bania).

Drew Wilkerson,CEO of newly launched RXO, says the brokerage business will emphasize technology advances to gain market share. Wilkerson made the comments Nov. 3 in an interview with Transport Topics reporter Connor Wolf. RXO officially became a stand-alone company on Nov. 1. It marks the second major spinoff for XPO Logistics, whose contract logistics business became GXO Logistics in August 2021. Wilkerson said XPO's next move would be to sell or divest its European operations and become a pure-play less-than-truckload company.

XPO Logistics Inc. turned its tech-enabled brokered transportation platform into an independent, publicly traded company Nov. 1. The new company, named RXO, will broker truckload freight via a proprietary digital freight marketplace that provides access to truckload capacity and complementary brokered services for managed transportation, last-mile and freight forwarding, the company said.

Investing, Energy, China, and SCOTUS (Podcast) Phil Toews, CEO at Toews Asset Management, joins us in studio to talk about why he's put so much into cash and why he believes a defensive play will give him solid returns both in the short- and long-term. Gaurav Patankar, head of alternative investments and manager research at Bloomberg Intelligence, joins us to discuss outlook for university endowment returns. Fernando Valle, Senior Oil & Gas Analyst with Bloomberg Intelligence, joins the show to discuss oil demand after getting weak manufacturing data out of China and how the energy market is shifting amid a global slowdown. Drew Wilkerson, newly appointed CEO of RXO the truck brokerage spinoff of XPO Logistics, joins the show to discusses XPO's earnings record, the RXO spinoff, supply chain, and shipping outlook. Leland Miller, CEO at China Beige Book, joins the show to talk about the latest eco data out of China and outlook for the country. Kelsey Butler, Equality Reporter with Bloomberg News, joins the show to talk about today's Big Take story on and discusses the new Big Take podcast. Hosted by Paul Sweeney and Katie Greifeld.See omnystudio.com/listener for privacy information.

Drew Wilkerson and Joe Lynch discuss why XPO spinning off RXO. Drew is North American Transportation, XPO and CEO-elect of RXO. About Drew Wilkerson Drew Wilkerson is the President, North American Transportation, XPO and CEO-elect of RXO. Drew is a transportation industry veteran with 14 years of senior experience in brokerage operations. He has leadership and P&L responsibility for XPO's asset-light North American truck brokerage business and complementary brokered services of managed transportation, last mile logistics and global freight forwarding. Mr. Wilkerson joined XPO in 2012 to spearhead the growth of the company's flagship truck brokerage hub in Charlotte, North Carolina. He was subsequently promoted to regional vice president and then president of XPO's North American brokerage business, and in 2020, he was named president of North American Transportation. Prior to XPO, he held leadership positions in sales, operations, and customer and carrier relationship management with C.H. Robinson Worldwide. Mr. Wilkerson will become chief executive officer of XPO's planned spin-off of its tech-enabled brokered transportation platform when the new public company is created later this year.  RXO Profile  RXO will be a leading platform for tech-enabled truck brokerage services in North America, with a long track record of industry-best revenue and margin growth, a highly efficient digital freight marketplace and access to vast truckload capacity, with complementary, asset-light offerings for last mile logistics, managed transportation and global forwarding. The corporate headquarters will be in Charlotte, North Carolina. Key Takeaways: Why is XPO Spinning Off RXO Drew Wilkerson is the President, North American Transportation, XPO and CEO-elect of RXO. In the podcast interview, Drew and Joe discuss why XPO is spinning off RXO. On July 12, 2022, XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, announced that a new company identity has been created in connection with the planned spin-off of its tech-enabled brokerage platform. The spin-off is named RXO to reflect the company's commitment to provide reliability multiplied by outperformance. RXO will go to market with the tagline “Massive capacity. Cutting-edge technology.” Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Our spin-off now has a name — RXO — bringing it one step closer to becoming a standalone industry leader. Our best-in-class truck brokerage business will be the keystone of RXO's asset-light platform, poised to continue to take share of a growing market.” After successfully spinning off GXO Logistics last year, XPO Logistics is on track to run the same playbook, splitting the truck brokerage business (RXO), from the core North American less-than-truckload (LTL) business. Once the RXO spin-off is complete, both XPO and RXO will be streamlined pure plays in their respective sectors. In addition to being more attractive stocks, Drew feels that the respective companies (XPO and RXO) will provide even better service to their customers.   Over the last 11 years, XPO has grown rapidly organically and through acquisition. With the spin-off of GXO in August, 2021 and the upcoming spin-off of RXO, the 3 companies become leaders in their respective spaces with an even greater focus on their customers. XPO is a global leader in less-than-truckload transportation, and one of the largest LTL providers in North America. GXO is the world's largest pure-play contract logistics provider. RXO will be a market leader in truck brokerage, with complementary brokered services for managed transportation, last mile logistics, and global forwarding. Learn More About Why is XPO Spinning Off RXO  Drew's LinkedIn RXO XPO Logistics Unveils RXO as Company Name for Planned Spin-Off XPO Logistics Announces Yoav Amiel as Chief Information Officer for Spin-Off XPO Logistics Files Confidential Form 10 Registration Statement for Spin-Off XPO Logistics Announces Drew Wilkerson as Chief Executive Officer for Spin-Off XPO Logistics Announces Plan to Create Two Standalone, Publicly Traded Industry Leaders in Less-Than-Truckload and Tech-Enabled Brokered Transportation Why XPO is Spinning Off GXO with Mark Manduca GXO Logistics, Inc. Completes Spin-Off from XPO Logistics, Inc. The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

XPO Logistics' new technology-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, Greenwich, Conn.-based XPO announced July 12. In March, XPO announced it planned to spin off its brokerage platform into its own separate, publicly traded division. Drew Wilkerson, President of XPO's North American Transportation division, has been tapped to be CEO of the new company, which will be headquartered in Charlotte, N.C.

Max: Hello! Welcome back to the Recruitment Hackers Podcast. I'm your host, Max Armbruster. And today all the way from Plano, Texas, I'm delighted to welcome on the show. Tim Meehan who's VP and Global Head for Talent Acquisition Innovation Lab at Pontoon which is part of the Adecco Group. Tim, welcome to the podcast.Tim: Thanks for having me. I'm very excited to chat with you, Max. Max: Thank you. Thanks, Tim. We met years ago in the real world and we were just saying how a business is now keeping us at home, which is lovely. And it's mostly lovely. How else is Pontoon Solutions affected? You know, changed its business over the last couple of years? Can you maybe start off by telling us how Pontoon Innovation had to adapt to the new normal, which is not new at all anymore?Tim:  What do I have? Two hours, right?Well, first on the Pontoon levels. Thanks for asking. I would say our business has been very strong even through the pandemic. We're fortunate to have a portfolio of customers in the technology area so that business remains strong for us. But you know, as we were talking a little bit earlier, Max, I think there's a couple of trends that increasingly occupy my time, my mind, my thought focus in terms of how to bring, not just Pontoon for it, but our entire industry.Because I think we're at an inflection point, an important point in time where the way talent is acquired in our industry is changing radically. And we all understand digitization and the automation that's occurring in homeport experiences, but there are some trends that I increasingly look at and say, you know, I think there, if we're all aware of them then perhaps each of us in our own individual spaces can be thinking about how we work within theMax: And the Talent Acquisition Lab at Pontoon is, correct me if I'm misdescribing it, is like a consultancy practice focused on helping companies crack the case of how to bring in new tech in their talent acquisition tech stack, and how to work within their existing IT architecture. So yeah. Does that sum it up?Tim: Yeah, it does. And it's important to explain it. So for us, at Pontoon Talent Acquisition encompasses all the workforce categories.So certainly RPO, or we call it RXO, the full-time talent acquisitions is a big part of what we do. MSP or contingent labor talent acquisition is another part of our portfolio offering that my team supports, but increasingly statement of work or service procurement. So people coming in on fixed deliverable basis, those are all different ways for companies to access a growing and very powerful talent pool.Then my team, which is a team of technologists, product marketers and, solution designers are responsible for figuring out how to simplify it to our customers because this stuff is really hard. Steve Jobs once said simplicity is the answer, make it easy. And so that's what my team is trying to do. Make a little less confusing for our customers to understand and decide what to do. Max: Yeah, it's so complex for companies, especially when they have a broad variety of job types from blue-collar, white-collar, graduates and, and so on. And almost for every job category, you need a different partner on the sourcing side, on assessments, on the process and, and a strong case could be made for a company to buy 30 different technologies just for talent acquisition, right? I mean, you must have these kinds of, I wouldn't call them horror stories, but customers that are heavily loaded right? Or overloaded?Tim:  Yeah. I think one of the trends I see is some of the tech companies in our space are trying to simplify it by bringing the entire tech stack to the customer.So I look at like Phenom people or an eight folder, and I sense a little bit more ATS, but certainly the capabilities of Symphony Talent. So their pitch to our customers is I bring the stack to, you know, one buy and I can plug you into a whole architecture and ecosystem of capability. And we are seeing companies look at that.The key issue is a lot of times the applicant tracking system is owned by eight. IT, the career site may be run by the marketing department internally developed, and then you've got HR with the room budget as well. So you've got kind of a challenging cross-functional challenge to break those, take those pieces, and have them all into one buy.But I am seeing that trend. I call it the field of dreams, where these big tech companies are going out and they're building it and hoping companies come and we are seeing some interest in that. And certainly, as an outsourcer, we work with those vendors when that's the case.Max: And maybe five, ten years ago, IT had a little, relatively to today, a little bit more power, and it's shifting a little bit to the marketing function.Tim: Well, the other one is my other joke is Love Actually, where Hugh Grant says to uh... where Billy Bob Thornton says to Hugh grant, “I'll give you anything you want as long as that's not something I don't want to give you.” And in some ways, that's sort of the IT group. HR, go out there and look at everything you want. But only if it's within the framework of what I'm willing to let you do, which is to say data, privacy, data, security, data governance, the vendors have to pay a certain threshold. So IT is increasingly empowered, ITN, data privacy, certainly with the  data privacy regulations that are coming out, not without good reason. So you have to be able to operate increasingly. HR has to be able to operate both. Understanding the language and needs of an IT organization in their company, as well as the technology needs of the many vendors out there that can help them supercharge their recruiters.Max: Okay. I thought it was going in the other way, because I thought, well, it's so easy to buy software now that nobody needs to know IT or be an engineer to be able to buy it. And you know, the cloud story of everybody can be a buyer now. But you're seeing it, the counter-trend to that movement. Tim: Absolutely, I am. I think about my career and my early career recruitment. My expertise we're building source two plans with which job boards, how many recruiters in which job boards in a couple of ratios. And today I'm doing data mapping, integration design, architectural reviews, and granted, this is all I do. But any program we want to do, that's what we have to do. And so, you know, I think we're going to have a… no, I think the language of HR in the future, certainly talent acquisition is increasingly require a digital mindset, a digital skillset.But you know, if it's something like, you know, I don't want to do that, that's not my area then I would probably say, make a decision, either build the competency so your TA person listening to me right now, and you're not familiar with Talkpush and all the Talkpush's competitors in the HR tech landscape, and you don't want to be then I would suggest you're going to struggle. And what you should either do is say, I'm going to ramp up and build the competency early or myself, or call me. Honestly, or call one of my competitors. This is what we're doing. We're building out an entire ecosystem of capability to help you through that gap.Max: If you walked into HR on talent acquisition, because you wanted to get inside the psychology and the human and touchy part of recruitment and, and stay away from flow charts and Excel sheets. It's going to be tough, right? You know, you'll have to ask for help some way. Tim: And you know, so my team, we're involved in some of these very big bloggers complex deals. Our HR sponsors will bring us into dialogue with their IT org, and these get extremely technical. But that's what we can bring to the table. Now we've got other clients that they have that competency within their organization. So you know, and if you don't outsource it, you don't have the competency, then you're going to struggle a little bit.Max: And that's when, I guess, that's when companies or TA teams, they call their IT team and say, “Please come and help me out”. And when IT comes in, they come in with a whole new set of requirements, which will change the scope and perhaps tilt the conversation towards having a one standalone system that can do it all. They'd be more likely to consolidate all under one architecture, perhaps. Yeah. And so now let's give some advice to the TA listeners who are dealing with maybe one system to rule them all. And they wanna create some flexibility for their local team, maybe for their local sourcing team. How do you navigate these necessary IT architectures and convince some of your customers to open up?Tim:  Well, I would say, first, self-assess. Where you're at and what your competency is. And if you're in a company where maybe you have an IT organization that's very helpful and wants to be supportive, that's different than maybe you have a discussion with IT, and you don't understand what they're saying.So I would suggest rely on your vendors. So certainly there are in Asia, you know, mature organizations, a big company well-respected, well thought-out. You've got the resources that can command and have the discussion with your HR contacts, technology people to help them get them through these gaps. And we can have that discussion and certainly, Pontoon can have that discussion. So I'd say rely on your vendors. For certainly our HR tech trade shows, hopefully, it will be coming back on their virtual ones. I think just self-assess would be my biggest recommendation. How big is your, if you're having talent, acquisition pains, can you perceive or believe your technology may be a challenge. If you don't have the ability internally to do this, then I would start talking to either outsourcers or significant point solution providers that can help you.And then the only other thing I'll say specific to Asia is, you know, what do you have for the world? Two thirds of the world. It's Asia, right? How many languages? How many countries are there?So even in Asia, the trends for Asia are different. So you'll have the ability to do maybe some work. You can be a little more creative in parts of Asia than you can in some of the Western continents.Max: You were saying in Brazil, for example. A whole different... You typically end up with a completely different architecture than you would for global brands, right? They make exceptions market by market. Those exceptions are would you say they dictated by language barriers or behavior? Yeah. What's your take on those differences? Is it well...Tim: If the case in Brazil specifically. If you're trying to do it… If it's a Brazilian company that is looking for TA innovation, you cannot lay her in a San Francisco technology solution. The cost structure is hysterical. So, you know, you have to find a Brazilian technology companies that can support you in Brazil because their cost structure is lower. In fact, we're talking to them and bring them outside Brazil and come to the rest of the world because they've been developed in a low cost country and they're successful.But certainly the same with India. I mean, you just cannot lay her in an extremely expensive tech stack. If it's only in India or only in Brazil. Now the big multinationals, they're going to spread that cost across their entire organization. And so the cost impact to say Brazil or in India isn't significant.Max: But we are going to make some adjustments for internal accounting and they'll say, “Well, yeah”. They use more seats in India and Brazil, but we'll adjust the cost, the cost per seat.Tim: Yeah, you can. Or you know, the allocation model could be not even specific to that tech, right? So the corporate IT may allocate its cost over all of the businesses in a different way. So I just say certainly when you're talking about multinational and certainly Western countries, IT technology, IT barriers become a big issue.If you're talking to emerging economies, there, I think, there's still a lot of opportunity for point standalone solutions, country-specific technology solutions. Max: Yeah. We've noticed very different candidate behaviors from one place to the next, which communication channels they use. Obviously, the language is a barrier but also almost every country has a different leading job board.With, of course, Indeed being maybe at the top of the mountain and, you know, number two, a number three in a lot of other markets, but companies... Job boards that otherwise nobody would have heard of outside of the US. And they have different levels of openness. So when you have a global customer come to Pontoon and do you... First, put a map of the world? You try to figure out, yeah, where they could... Do you work mostly on global contracts and then you have to map out the whole world and figure out so, you know, how to help them at every pit stop? Tim: No, I would say... boy, I don't know the statistic off the top of my head, but certainly a chunk of them are multicountry. But I wouldn't call them multi-region. Multi-region which to me, it starts to talk global. Those are harder to do. That's a big change management, but to get an Americas deal or a MIA deal, part, you know, parts of Asia, maybe three or four countries in Asia, that's pretty typical whole all or one, not quite as common.Though I will say, we're, maybe part of my self promotion here, part of our answer to what we've talked about today is within my team, we have built out a product portfolio that's very scalable, and it starts with a top of funnel sourcing, highly automated sourcing capability. And then we can layer in various texts using our backbone technology and the cost model is extremely attractive. So it's, it's going to work for us in Brazil. It'll work for us in India. But you know, for me, for us, we need a lot of bullets in our holster. And so the client is you know, they're wanting to just start with a couple of steps. We've got an offering and then as they evolve, we can expand that offering.Max: Okay. So it sounds like you're saying it's more cost-effective even though it's more work and that's where you guys come in, but it's more cost-effective to find point solutions that are, you know, best in class for each stage of the recruitment funnel and then assemble them. And thenthat will outperform, cost-wise, having a, you know, a single platform that offers to do everything.Tim: Well, I wouldn't quite go that far, but I wouldn't disagree that, you know, it's a messy world. And so if you're a… If you're going to be a regional or a global talent acquisition company, and you want a single experience for your customers, then you're going to have to layer in a pretty complex technology solution, not point. But if you're a single country, standalone, then it gives you more flexibility to pick tools that are specific to that country or your use case.And then you got to layer in. Maybe I only want to outsource blue-collar. Or I've got a new ability I'm building. And I only want to... I only want these roles in this location, but this amount of time. So there's besides the technology, there's, you know, customer use case scenarios that you're going to be almost solved for too.Max: Yeah. It's for the RXL business that you cover. You come into our company saying, which part of the talent acquisition defines your brand and you want to own a hundred percent of it, versus something which is something you have to do, but it doesn't necessarily define you. And then it's a little bit easier to outsource, right? Tim: Yeah. Yeah. Max: Great. Well, one question that I love to ask my guests is to share with our practitioner listeners a mistake that you've made--a hiring mistake that you've made and to kind of try to dig it out forgotten raised a memory of yours. Somebody you hired and it just didn't go right. And, you know, we know in a long career such as the one you have, it must've been more than one instance. I mean, you can't hire without making a few mistakes. So is there one that comes to mind without giving names that you can draw an experience from on a lesson for our audience?Tim: Well, I will just say for me personally, hiring somebody is a sacred responsibility and I personally have been hired into a role that I wasn't successful at. I, at the time,  did not know I couldn't do the job. I thought I could. And I believe the person who put me in that role made a bad hiring decision and it had a pretty bad impact on me personally.So that was a learning for me. And yes, I have hired people that didn't work out. And I view that as my failure. I absolutely hold myself accountable. I'm with the team I manage, I view their success as a reflection of my leadership and management competency. So…Max: I applaud your humility  in answering the question. I've asked this question to 50 plus people, and nobody's said that they were the wrong hire. So you've given everybody something to think about there. And I think I might have been the wrong hire once or twice to myself. Tim: Oh, how do you know? I mean, the enthusiasm, you know, so I'm pretty good now about thinking through a couple of things to help me make sure that the person is making this good decision and cyclic. I am. Max: Yeah. And to go back to that time when you were the wrong hire, what was the mistake that the manager did or that your employer did then? Was it they were trying to paint too rosy a picture, or they had written the wrong description?Tim: Well, it was when I moved into the temporary staffing industry many, many, many years ago. I had a career before this industry. I was in recruitment. I did... Max: Good thing you got out thereTim: It's gone. It's, in fact, every company I've ever worked for is bankrupt. So it wasn't my fault, but the industry collapsed. And so when I moved into this industry, they put me in a very important role and the staffing company, and I had to learn the industry. I had to learn the people and I was remote and it was just a lot. And the environment itself was challenging. So I think anybody who would have struggled and I didn't kind of walk through it though.I was asking like really stupid questions. You know, I got an order from a hundred people and I didn't ask what the pay rate was like and you're the leader. So you know, it was a humbling experience, but fortunately, here I am. I'm not going to tell you, but it's decades.Max: Yeah. Yeah. Yeah. And of course, today remote hiring is a lot easier than it was back then. It was a lot more people are better at it. So maybe if the same scenario played over today, you know, it would have worked better, but certainly industry experience and, you know, never underestimate, I think, the importance of training. Your talent acquisition team and your recruiters on the industry, on the lingo. So they don't sound stupid. I mean, that's pretty essential again.Tim:  I would say don't put your need to fill the job ahead of that person, that human you're trying to hire. Always think about that first.And that comes back to pays dividends. I have amazing people. I'm very proud of the many senior leaders in this industry that I hired and developed and I played a role in their career. And so I, again, it's hiring somebody as a sacred responsibility and if you hire people that don't work out, you gotta own it.It's like Colin Palisson. You break it, you bought it. So just take... Don't think about your mistake. Take it as a personal reflection of your leadership and hiring competency. Max: Strong words. I think we'll wrap it up on that. Thanks so much, Tim, for sharing. Where can people get ahold of you? I guess LinkedIn?Tim:  LinkedIn, I'm on LinkedIn. Max: Tim Meehan. M-E-E-H-A-N from Pontoon Solutions. And thanks. Thanks very much, Tim. It was a pleasure.Tim: Thank you very much for having me on your show.Max: That was Tim Meehan from Pontoon Solutions, reminding us that if you got into Talent Acquisition and recruitment, to stay away from doing too much technical work and, you know, building technology stack if it's not your cup of tea. There is help out there. There are providers such as Pontoon Solutions and others that can be your partner and help you put together a best of breed solution. Hope you enjoyed it. And that you'll be back for more and remember to subscribe and to share with friends.

Teasing Tim Meehan's Chad & Cheese visit around "recruiter less" systems, what the Hell is RXO and taking a dive into just how technology is disrupting recruitment...