Stanley K. Ridgley’s Post

In this GCP Short, Richard explores the John Deere Captive case study, featuring insights from Aileen Krehbiel, CPA and Sammi Jones of John Deere. They discuss the captive's current profile, its growth, and evolution over almost 20 years. Heidi Rabtoy from the Vermont Department of Financial Regulation also provides perspectives on regulating older and larger captives, including considerations specific to extended warranty business. https://lnkd.in/eAm99qqP #captiveinsurance

Check out the latest "Beyond the Numbers" video with Caterpillar CFO Andrew Bonfield and Cat Digital's Brent Steffen talking about Caterpillar's continued push to make customers' lives easier through eCommerce. And what's good for our customers is good for Cat dealers and for Caterpillar. We all hear "Digital Transformation" kicked around quite a bit on LinkedIn. Clearly at Caterpillar it's not seen as a destination, but a continued journey to provide the tools and capabilities our customers expect. https://lnkd.in/dDh7AYQj #digitaltransformation #CatCentral #iamcaterpillar #ecommerce

This is a clip from Bob Rinear Investyourself. Do see the well done 10 minute video, it's why when Trump is elected he will bring back and  keep jobs in America. Is Greed Good? The line... "greed, for lack of a better word, is good" is from the 1987 movie Wall Street, spoken by Michael Douglas' character Gordon Gekko. In the speech, Gekko goes on to say that greed is a positive drive that "captures the essence of the evolutionary spirit” If you think about it, Greed...whether for money or power, is usually behind 99% of what's wrong with our world. But corporate America works every day to take that title. Disgusting Corporate greed has destroyed countless hundreds of thousands of families over the decades. I would bet that almost everyone of you knows of a person that gave all their time and energy to a company, only to have that company toss him in the waste bin, and hire someone younger for less money. It turns out that back in 2016 and17, JD was selling lawn tractors with PLASTIC transmission cases. Tens of thousands of them and yeah, they were failing left and right. Many people got screwed on that. Well, they waited until late 2022 to do a recall on over 25000 of these. But many folks had already junked their machines and went a different direction. She lays out the story of her own experience with that model. But then she really goes off on their latest moves. They're laying off people, closing plants, and moving to Mexico. Why? Greed. As she shows you, they made billions in profit last year. But that's just not enough. I like this lady a lot. I've learned a lot about small engine equipment I never knew ( and should have) like...did you know some brands of chain saws have a summer and winter mode on the carb? I didn't and I've used chain saws for 50 years. Anyway, I would like you all to watch this little ten minute video about her destain for JD. It truly is what's wrong with Corporate America.

"Trust" Alert!! This is a "Trust" issue and a short-term thinking play instead of long-term thinking for sustained innovation-driven value creation. ✅ I counsel Boards and CEOs to double down on the "Trust" imperative with a multi-stakeholder mindset. ✅ If you offer better experiences (both product "and" service) at a lower cost you can win at all times and increase Earnings Growth Rate through customer excellence. ✅ Value migrates if you are not nimble, and technology can drive below "and" above-the-line metrics/imperatives. What do you think? John Montgomery JUST Capital Helle Bank Jørgensen CECP #CAPEX #OPEX #NPS #Purpose #Trust #boardroom #boardofdirectors #CEO #ESG https://lnkd.in/ej4yitG3

Die cuts offer several valuable benefits to customers. One of the most significant advantages is the reduction of labor and rework. Learn more about die cut benefits and production here:

If running your scrapyard by gut instinct is giving you an ulcer, it may be time to let data drive your decision-making instead. In this article, we share how the proper reporting tools can help you leverage your data and improve your bottom line. https://lnkd.in/euYpA7Qv Schedule a demo https://lnkd.in/egGsAM7

It may be snowing in Chicago, but things are heating up! Over the last few weeks, I had conversations with some incredible people: Adam Wingfield, founder of Innovative Logistics University & a subject-matter expert on the continuous improvement of motor carrier operations. https://lnkd.in/g4B3s6rC Brandon Wiseman, founder & CEO of Trucksafe & a partner at Childress Law, PLLC, & broke down some of the most important regulations over at the FMCSA. https://lnkd.in/gRzaxEvW We had Ken Adamo, Chief of Analytics at DAT Freight & Analytics to dig into some of the wilder regulations some are asking about (forget broker transparency, we're talking full on minimum rate guarantees)! https://lnkd.in/gcdaV3HA And finally, our deep dive into AB5 - past & future. https://lnkd.in/g6rkAGe3 But what lies ahead of us is even more exciting! This Friday, we welcome Chadd Olesen, CEO of AVRL. Next week is a double-header. On Thursday, I sit down with Amanda Schuier, Strategic Maintenance Director at Jetco Delivery & the General Chairman of the Technology & Maintenance Council (TMC) of American Trucking Associations, Inc. I Friday I am joined by Brittain Ladd to dig deep on the Omni Logistics & Forward Air Corporation merger (Spoiler: I like the deal, but I LOVE talking with Brittain). Finally, Save the Date, Thursday, May 9th at 2:00PM EST, I will moderate a discussion on the freight market with Jason Miller of Michigan State University - Eli Broad College of Business, Dave Broering of NFI, & Benjamin Gordon of Cambridge Capital LLC. Much, much more to come on this one, folks. Can the city of big shoulders handle it? All signs point to yes.

In order to keep track of your business’ costs, there are 4 operating numbers you should be monitoring regularly. Read our blog post here about avoiding bankruptcy as a trucking business: https://lnkd.in/gQny3uJD

One of the most talked about bankruptcies in 2023 was Yellow Corporation. The trucking company, which was founded in 1924, had a big fall stemming from cash flow problems, mounting debt of over $1.5 billion and other internal factors. Are you worried you might suffer the same fate as Yellow Corp? Let's tackle this together - and figure out if you're at risk and what you can do to stave off bankruptcy. #logistics #transportation #warehousing #bankruptcy #businessfailure #businessgrowth #duediligence #creditreports #businessrisk #riskmanagement https://lnkd.in/e53c5tg2

Q2 sees slower rate of trucking business exits, but market remains challenging. Here are the latest industry data and expert insights. https://lnkd.in/dnznPQHu