Risk Factors Update Summary
- The Omni Acquisition may not achieve intended benefits due to potential difficulties, costs, and disputes.
- The FMCSA's CSA and SMS initiatives could impact hiring, growth projections, and customer relationships.
- Our top ten customers now account for 31% of revenue, up from 26%. This concentration poses revenue risk.
- The company incurred $725 million in senior secured notes and $1,125 million in senior secured term loans for the Omni Acquisition.
- Failure to comply with economic sanctions laws may result in civil and criminal penalties.
- An increase in net definite-lived intangible assets from $154 million to $801 million.
- The company faces risks related to self-insurance, particularly for cargo loss, with significant exposure and expenses.
- Global trade tensions and export control restrictions could impact the company's ability to compete globally.
- Goodwill on the balance sheet increased from $306 million to $706 million.
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=912728&owner=exclude
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