Risk Factors Update Summary
- Impact of a pandemic on economic conditions may require an increase in reserve for bad debt losses.
- Delays in new revenue equipment availability or cost increases could affect future profitability.
- Severity of auto liability claims has substantially increased, exceeding prior levels.
- Revenue concentration from top 10 customers decreased from 38% to 36%.
- Legislation may change independent contractor classification requirements, potentially increasing costs.
- Future growth strategy may involve acquiring one or more businesses, impacting operating segments.
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=728535&owner=exclude
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