Robert Nathan

Wow. Duffy is talking about going after shippers that load non-English speaking truck drivers.

We are entering the post-globalization era. In the era of globalization, business was on easy mode. That is no longer the case. The future market winners will be the corporations that make the investments in supply chain infrastructure and reliable, Western-friendly production locations. Supply chain analyst roles will become the hottest jobs of the next decade, prized by corporations, consulting firms, and even Wall Street for their ability to interpret, analyze, and predict disruptions and risks in a new world order. Those same analysts will likely be heavily recruited by national security, intelligence, and defense organizations, as future conflicts are expected to arise primarily from a desire to control materials and production.

I would place Samsara as a mobility play - more focused on private fleet and smaller equipment (1-6). Samsara is a marginal player in the fleets that participate in the “freight market.”

The spread between contract and spot rates is near all-time highs at -$.92/mile. It is almost a dollar cheaper to ship a truckload through the spot market than it is to ship it in the contract market. These two markets are fungible. Contract rates have a lot further to fall.