Originally Posted by
fightandflight
I get your points, but I don’t necessarily agree it is NEVER a good idea to cede space to competitors- if part of your business is draining resources from your primary business for little return, and you aren’t willing to commit even more resources in an attempt to change that, it could make sense to cut bait. Again, I’m not exactly sure how LTT freight integrated with our other offerings. I think the real test of her leadership is what she chooses to do with the resources now freed up. Are we going to “enhance shareholder value” through ridiculous short term financial magic, or are we going to truly make other parts of the company better with smart investment and an eye toward a long term vision. In other words, can she successfully make the transition from CFO to CEO.
The stock jump we saw earlier this year is the result of covid-related shipping spikes and to a certain degree some decisions made by the previous ceo (abney) and other boxheads working for him.
The new ceo has already made other parts better with smarter, prime-style investment decisions. In particular parts such as beards, nose and eyebrow rings, tattoos, etc. Basically if you identify as a proud, face-tattooed and mustache wearing shipping pirate - welcome onboard. If you like to dabble in redistribution of package delivery to your competition - you’re ready to be promoted. What Can ‘
choose your preferred shipper’ Do For ‘choose your preferred pronoun’.