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Earnings Miss
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<blockquote data-quote="Fred&#039;s Myth" data-source="post: 5012654" data-attributes="member: 55587"><p>“First quarter operating results were negatively affected by an estimated $450 million year over year increase in costs due to a constrained labor market which impacted labor availability, resulting in network inefficiencies, higher wage rates, and increased purchased transportation expenses.”</p><p></p><p>An education at the School of Hard Knocks! This is what happens when you unnecessarily constrain hourly wages for years.</p></blockquote><p></p>
[QUOTE="Fred's Myth, post: 5012654, member: 55587"] “First quarter operating results were negatively affected by an estimated $450 million year over year increase in costs due to a constrained labor market which impacted labor availability, resulting in network inefficiencies, higher wage rates, and increased purchased transportation expenses.” An education at the School of Hard Knocks! This is what happens when you unnecessarily constrain hourly wages for years. [/QUOTE]
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