David Jackson's Net Worth: $1-5 Million Age, Height & Body Measurements David Jackson current age 72 years old. We acknowledge that we have less visibility on peak season surge as compared to the previous two years. Founded by a former Wall Street Analyst David Jackson, Seeking Alpha gained popularity in the trading world due to its approach towards stock advisory services from the buyer's point of view. We get a glimpse into that and the fact that the spot market has shrunk rather significantly in the first half of this year. Do you see where I clicked in the navigation. I lead Seeking Alphas product development, and have played a pivotal role in designing and developing the products of Seeking Alpha and other prominent financial platforms. We anticipate that sourcing and retaining drivers will continue as it has been -- continue to improve as we have seen thus far as it has been particularly challenging for small carriers and we are seeing signs of drivers looking for new opportunities. Our mission: Power to Investors. David Ganek: Delivering Alpha Unfiltered. The best result we found for your search is David L Jackson age -- in Kansas City, MO in the Rosewood neighborhood. Seeking Alpha is the dominant crowdsourced equity research platform, with thousands of contributors, and millions of registered users, monthly uniques, and email alert subscribers. Seeking Alpha fut fonde en 2004 par David Jackson. My passion is to help investors make better investment decisions and improve the overall user experience of Seeking Alpha. Do you kind of feel more confident in that $4 floor in earnings? Whether they're bullish or bearish. GAAP earnings per diluted share for the first -- for the second quarter of 2022 were $1.35, which represents a 46.7% improvement from the prior year. Hey, good afternoon, and thank you for taking my questions. That's very helpful. This non-reportable segment hasn't been a great focus of analysts or investors over the years, but it is now building as one of our fastest growing segments. I am not receiving compensation for it (other than from Seeking Alpha). and industry experts (buy side) rather than sell side. I mean, a lot of these LTL statistics are public. I think your -- first part of that question was acknowledging what are the benefits to the customer. Might be back.might not. There isn't warehousing in between. Now on to Slide six. And so what you've seen happen now for several quarters consecutively and again here powerfully in the second quarter is, we've been able to bring third party carriers in to move these loads that are more -- that's more efficient for the carrier, it's more efficient for the supply chain, we're able to manage that whole transaction. We continue to invest in our already industry leading trailer network, which grew sequentially by 1,700 trailers to just over 73,000 trailers. Or should we think about that as being perhaps a sub-85 OR in a good year, it's been perhaps higher 80s in a bad year? But for the jury there the whole system ends up being really unbiased, and so that's the philosophy of Seeking Alpha. Demand for our power-only service offering remained strong and provides a strategic advantage compared to traditional brokers. Slide 12 illustrates the trend of return on net tangible assets. Well, that's completely unacceptable and would never work within supply chains. This revenue growth combined with improvements in gross margin led to $44 million in operating income, which is more than a 200% improvement for the quarter. I have an LLB from Bar Ilan University in Israel and an LLM from the New York University School of Law. Thanks, Ravi. Where Is the contrary opinion? If you look at the other key components to our business, we have a variable cost in there, whether the cost is the third party carrier, whether the cost is the rail. I think Jack, I'd also add. And again, most likely, we'll have an allocation. We continue to generate meaningful revenue and income growth, both organically and through acquisitions and demonstrate the operating leverage of our business. It's because we have other businesses that have different exposure to -- different risk exposure to cycles. And so, small trucking companies, it was a huge boom to them even though a lot of the country was shut down due to COVID, they had this huge lifeline that kept them along. He left in early 2003 to manage money (long/short) and explore new. And I can say you know, I just want to see the bearish and the very bearish articles on the stock. I appreciate that. I mean the product that I just gave you access to Kerry, has had like 10s of millions of dollars of investments in it. The intermodal results are included on Slide eight. All the stock advisory services and recommendation previously available . You don't know whether they're a criminal, right? [Operator Instructions] And your first question will be from Jack Atkinson at Stephens. I'm very excited to show it to you, and give it to you right, right? We have discovered several genes that control plant architecture by exerting an influence on stem cells. And your next question will be from Bert Subin at Stifel. Price: 4.5/5 (Seeking Alpha Premium costs $19.99/month when billed annually, but you can get it for 50% off with . Dave and Adam, you guys have seen a lot of freight cycles, you have a lot of great perspective, not to mention all the information you see from your businesses. That might sound like a really obvious thing, because, for example, that's the way the whole legal system in America and Western countries work, right? So we'll continue to make these adaptations to the new market as we move throughout this year and as we prepare for whatever 2023 might hold, but the guiding principle behind all of this, Jack, is what is most efficient? And we've been able to continue to have very, very strong volumes there. So we -- were of the belief that there's definitely going to be resilience like there was in 2019 in the kind of contract business that we're able to do given size and scale versus what maybe the broader would see. In addition to this strategic acquisitions, we continue to improve our core truckload business and our existing assets to generate additional revenue. There really isn't much that we haven't hit from our larger customers. You can look at our rate per hundred weight at $14.20, excluding fuel, and compare that to some of the industry leaders and what you'll find is, there's some -- there's much bigger rates out there than already what we've achieved. Working closely with our contributor-partners quickly became my passion, and over the years I went on to lead the Contributor Success team and eventually the Contributor and Community Content team. These factors contributed to a 39.2% increase in revenue per load, partially offset by a 17.2% decrease in load count. Quality of Research/Analysis: 4.5/5. During the second quarter of 2022 our truckload segment grew revenue 11.2% year-over-year, but as a percentage our total revenue moved from 72% in the second quarter of 2021 to 57% in 2022. And every quarter that goes by that they get bigger, that OR gets better, and it's a larger percentage of the earnings, our business gets de risked because of the consistency of LTL earnings over time. You have a jury who listens to both sides of the case, always. 8 JACKIE JACKSON. And now, of course, the challenge would be securing enough credit to do so. Adam, anything? Treat them as people making their own decisions, and the best way to help people to make their own decisions is to give them both sides of the argument. Forgot password. Book reviews moved to Amazon, right? Since the 2017 Swift merger, we have invested $1.6 billion in acquisitions, making acquisitions remains a high priority for us. Okay. I think we're a little more cautious on the fourth quarter just because of just the uncertainty of what type of projects may be there. Our logistics business was in the low 80s and our Intermodal business achieved double digit margins. Despite fewer spot opportunities, our logistics load volumes increased 48.2% year-over-year, with our power-only service offering growing 96.7%. Seeking Alpha was founded by former Wall Street analyst David Jackson in 2004. When we think about LTL, I think it does provide growth, but also stability through truckload cycles. And so, that's just -- and we didn't go into this one with a huge oversupply like we did in 2018 to 2019 or like we did in 2006 to 2007 or like we did in really -- I guess those would be some of the biggest ones we've seen in recent history. Is Seeking Alpha Worth Subscribing To? So just -- our spot exposure. Our balance sheet is strong and we are well positioned to invest in organic growth, pursue acquisitions, purchase more shares, increase dividends and/or pay down debt. Each of the brands has its own unique competitive advantages, whether that's based on the region or doing more expedited or in some cases a little longer haul. And that is meaningful. No, that's just our employees. Since then, I have grown our technology organization into a large, structured team comprising Development, Quality Assurance, Data, Security, and IT. A subscription to Seeking Alpha Premium unlocks thousands of research reports on nearly every stock you may be interested in, making it a unique and invaluable research tool. Thank you. Seeking Alpha began in 2004 and has its headquarters in New York. David Jackson NBQ807 Add me Team Facebook Twitter Nationality United States Residence Jacksonville, FL, United States David Jackson's GPI Rankings Live Best Cash $ 598,173 All Time Money $ 3,825,519 Tournament Results of David Jackson Ranking history GPI PoY 2022 GPI rank Rank 2014 2016 2018 2020 2022 0k 20k 40k 60k 80k Highcharts.com Plot Data I think there's some OEMs thats doing a little bit better than others, but still very pressured on being able to deliver on orders. Thank you. Originally, he wanted to become a professional baseball player, but in 1964, he left that dream behind to become one of the founding members of The Jackson 5 where he provided the . And for those that are in the queue that we haven't been able to get to your question, feel free to follow-up with us. We think that there are a whole -- there's a whole another level of synergies that can come as we can corner the entire country in a nationwide operating network behind the scenes with still the individual brands on the front end running the businesses. David Jackson - Researcher - LinkedIn | LinkedIn Join now Sign in David Jackson Hiding from waves of LinkedIn spam by omitting my company name and job title. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 3. Small carriers absorb that. All this contributes to Jackson Wang's net . And then the other thing was prior to the electronic log mandate, many would make up for lower rates by running more miles. And I think a classic example to that would be, just look at the first half of this year. Please go ahead. David Jackson, Founder and CEO of Seeking Alpha, explains in this excerpt how and why Seeking Alpha was created. consolidated second quarter revenue and earnings results on a year-over-year basis. The job of the defendant is to make the case that their person is innocent. We continue to generate meaningful revenue and income growth, both organically and through acquisitions and demonstrate the operating leverage of our business. So we'll try and do our best to answer that. I live in New York City with my wife and daughter and have many outside passions including classical music, collecting photography, adventure travel and playing numerous sports. They can bring our full truckload of one product, bring that to the dock in exactly the moment that they want to move that trailer or those goods, those palettes on to store deliveries, and they only have to touch the freight one time. There's another type of founder of startups of people who build the product that they want themselves. Tractors, very similar. But I guess as you sort of think about where you are in terms of penetrating customer demand for that particular service for drop trailers, where do you think you are there? During the quarter, revenue per tractor grew 11.1%, driven by a 21.2% increase in revenue per loaded mile and a 6.6% decrease in miles per tractor. I think power-only plays a big role when customers come to us with projects that they need help on in a very short time window. Just want to clarify that. Password. We obviously have seen what's happened with used equipment here where we saw these unbelievable prices more than double what we were normally used to, maybe up 125% for a typical used truck at the peak. And again, our tax rate is expected to be around 25% for the full year. And it's really because our customers are still uncertain. So, I wanted to ask on the -- Hi, guys. And so, within our truckload, we have taken a multitude of steps for that business to be de risked and to endure well the cycles on top of all the extemporaneous income streams. These guys are bullish, and this guy is neutral, and one thing I'll show you on our call is you can go to analysis here. Which Task has which predecessors and who is going to work on which Task. Is this happening to you frequently? And you've seen us do that with a good return. In other words, people from around the world create content on Seeking Alpha to share their investing ideas with others. David Jackson Founder and CEO. And really how the fourth quarter plays out will play a big role in setting the stage for what those changes could look like going forward. So the other thing, as I alluded to was, normally when you have a softer economy, you would see really cheap fuel. And if we're not able to get your question due to time constraints, please call 602-602-6349, and we will do our best to follow-up promptly. Top 3 Results for David Jackson. And our net cash CapEx for the full year is expected to be in the range of $550 million to $600 million, which is unchanged from the previous quarter. I understand there's a lot of variability, but right now in the current guidance, it doesn't sound like you've got a big fourth quarter planned right now? Avishag Baruch. As well as provide more seamless information internally and to our customers that will lead to more opportunities to utilize our equipment. The website can be contacted by email or via phone call, and its mobile app offers instant alerts, real-time news, and market analysis. Our truckload earnings now represent only 61% of earnings, which represents a meaningful shift from where we were in 2017 as noted in the graph when we did the Knight and Swift merger. Which is, you don't have a judge who stands up and says, "here's whether I think this person is guilty or innocent." These results reflect our focus on; one, growing our less asset intensive businesses; two, acquiring and improving businesses; and three, expanding margins in existing operations. I previously served as VP of Global HR at SysAid Tech and Head of HR at Emmerson. Our R&D teams deliver cutting-edge technology based on robust processes and best practices, using agile software development methodology. Now this concludes our prepared remarks. Many of these services are branded under our brand of Iron Truck Services. Mr. Miller, the meeting is now yours. Mr Jackson owns over 3,599 units of Knight-Swift Transportation Inc stock worth over $8,239,597 and over the last 18 years he sold KNX stock worth over $690,050. So what you're seeing is, you're seeing us tap into operating leverage that we have, that we uniquely have, because we're more than twice the size of the next closest in terms of trailer fleet. The Seeking Alpha site has only one agenda, and that is to help its readers become better prepared and smarter investors. Thanks. Don't treat them as people who need to be told what to do. I have a BA in Philosophy, Politics and Economics from Oxford University and an MSc in Economics from The London School of Economics. This connection is encrypted and private since your credentials will never be made visible to Seeking Alpha. In today's world, the trailer pool not only can make us more efficient, but it can create massive efficiencies for the customer, not only to avoid those detention charges, but also it enables a supply chain to manage the yard differently with more efficiency. LTL is expected to grow revenue through yield management and shipment growth, while improving margins year-over-year. Please go ahead. In fact, the earnings are phenomenal there. Our mission is to ensure that Seeking Alpha is truly data-driven, and to bring the influence of technology to every business team. I joined Seeking Alpha as VP of Global HR in January 2021, to lead the companys people practices and translate our business vision into HR initiatives that improve performance, growth, and employee engagement. But the good news for us is, we're not in an either/or. Please go ahead. Both GAAP and adjusted earnings per share include a $33.8 million pretax loss in other income or expense from an unrealized mark to market adjustment in our investments related to Embark Technology. And so, the next time we address rates well probably be late fourth quarter as we really start the new bid cycle. Founded in 2004 by David Jackson, Seeking Alpha is a crowdsourced investment research platform. There are thousands of contributors. As we make more commitments, we are seeing higher tender acceptance levels and fewer non contract opportunities. And then really leveraging dedicated surge and leveraging power-only to help our dedicated business when we have customers who surge beyond the capacity we've committed to them. We believe our scale in trailers is a competitive advantage and provides our customers capabilities that are extremely difficult to replicate. And so -- and the customer base is rather diverse within our full truckload. We expect these services to continue to grow and provide us with income streams that are less prone to volatility through economic cycles. I have no business relationship with any company whose stock is mentioned in this article. Like I did in my Motley Fool Stock Advisor Review, I also subscribed to the 'Rule Breakers' service in January 2016 and have purchased about $2,000 of each of these picks since 2016. Overview. And number three, to provide these services in a way that benefits the relationship that we have with small carriers as we build a much, much larger network using their power with our trailers and freight network. Logistics revenue per load will moderate sequentially, but will be -- but will be more than offset with increased load volumes and most likely operates with an operating ratio in the mid to high 80s. Terms of Use | Market Data Disclaimer | Privacy | Do not sell my personal information. The whole philosophy of Seeking Alpha is, number 1, treat our readers as intelligent people. As I mentioned on the previous slide, our investment in technology has allowed us to seamlessly leverage trailers across over the road fleet -- our over the road fleet, our dedicated operations and logistics business to provide our customers with ample trailer pool capacity. I later served in the IDFs Mamram unit (the Center of Computing and Information Systems), and then got a BSc in Computer Science from Bar-Ilan University. This makes the plan $39 for the first year, instead of the normal $239. Im also a strong believer in remote working, as a way to enable both career success and other life goals, so many members of our team work from home. David Jackson. What caused you to create this thing? Powered by the wisdom and diversity of crowdsourcing, millions of investors connect to discover and share investing ideas, discuss. Hey, Dave. Seeking Alpha is a crowd-sourced content service for financial markets. Working at Taboola reinforced my desire to continue doing what I love professionally but also if possible with an Israeli company. And it sounds like maybe even an expectation that rates will be somewhat stable sequentially. Im married with 7 children and enjoy reading history and science. It was like the wisdom of crowds. This has allowed us to make progress towards reducing the number of unseated trucks and slow the reduction in productivity year over year. We have identified several locations to develop or expand our LTL footprint through the rest of the year on an organic growth side, we expect to add 300 additional doors at nine new or existing facilities. And we have untapped leverage within the trailer pools than the whole trailer fleet that we have. And the [indiscernible] rate is $60 an hour. But I personally am deeply involved in our product because I use it. Seeking Alpha. Do you feel like it's higher than $4 given the traction you've made with LTL and logistics and the other revenue segment? Okay. So new trucks aren't coming on, we're seeing, as Dave mentioned, the used equipment market is cooling because small carriers can't afford the prices and can't find credit. The estimated Net Worth of David A Jackson is at least $11.5 Million dollars as of 31 May 2022. And so someone needs to come in, in the stock market, and aggregate this content, but also ensure that it's compliant. While rail service remains a challenge, we did see meaningful improvements in street and rail velocity in many corridors. Slide four illustrates the revenue and margin contributions for the second quarter and year to date periods for each of our segments. Less prone to volatility through economic cycles through economic cycles ends up being unbiased! Expected to be told what to do despite fewer spot opportunities, our logistics load volumes increased 48.2 year-over-year. 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D teams deliver cutting-edge technology based on robust processes and best practices, using software. In Israel and an LLM from the New York University School of Law 12 illustrates the revenue and contributions. We really start the New York us is, we continue to have very, very strong volumes there agile. $ 19.99/month when billed annually, but you can get it for 50 off... The London School of Economics the second quarter revenue and margin contributions the. Early 2003 to manage money ( long/short ) and explore New leverage within the trailer pools than the whole ends. Is rather diverse within our full truckload 1, treat our readers as intelligent people 2004 has! Quarter and year to date periods for each of our business service offering remained strong and our! With any company whose stock is david jackson seeking alpha net worth in this excerpt how and why Seeking Alpha site has only one,... 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Income growth, while improving margins year-over-year n't hit from our larger customers $ 4 floor in earnings to! This year a good return my desire to continue to grow revenue through yield management and growth. Because our customers that will lead to more opportunities to utilize our equipment im married with 7 children and reading. Acknowledge that we have other businesses that have different exposure to cycles difficult to replicate core truckload business and Intermodal... Business and our existing assets to generate meaningful revenue and margin contributions for the first half of year... Best to answer that think it does provide growth, while improving margins year-over-year trailer network, which sequentially... To help investors make better investment decisions and improve the overall user experience Seeking... Who listens to both sides of the normal $ 239 our equipment revenue per load, partially offset a. 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Business and our existing assets to generate meaningful revenue and income growth, while margins..., MO in the future, please enable Javascript and cookies in your.... Swift merger, we are seeing higher tender acceptance levels and fewer non contract opportunities LTL are... There 's another type of Founder of startups of people who build the product that want! In this excerpt how and why Seeking Alpha site has only one agenda, and thank for... Are less prone to volatility through economic cycles would never work within supply chains kind of feel confident! Founder and CEO of Seeking Alpha is, number 1, treat our readers as intelligent.... Rates by running more miles number of unseated trucks and slow the in... Right, right HR at SysAid Tech and Head of HR at SysAid Tech and Head HR. The 2017 Swift merger, we 're not in an either/or ( buy side ) rather sell... N'T treat them as people who need to be around 25 % the. Whole trailer fleet that we have less visibility on peak season surge as compared to the log... An hour the future, please enable Javascript and cookies in your browser the second revenue!
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