Risk Factors Update Summary
- Addition of risks related to public health crises, epidemics, pandemics, or similar events, such as COVID-19, including reductions in demand.
- Increase in interest rates may require an increase in allowance for credit losses.
- Introduction of new poultry-related business segment, aiming to deliver consistent returns and improve profitability.
- Changes in freight patterns due to public health crises, armed conflicts, and terrorist attacks may impact operations.
- Emphasis on the competitive and fragmented industry, focusing on profitability improvement and customer relationships.
- Risks associated with conflicts in Ukraine and the Middle East, potentially affecting operations and results.
- Concerns regarding litigation, driver compensation, and difficulties in attracting and retaining qualified drivers.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=928658&owner=exclude
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