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1 Q1 2021 April 27, 2021Earnings Presentation Bob Biesterfeld, CEO Mike Zechmeister, CFO Chuck Ives, Director of IR
April 27, 2021Earnings Presentation
Bob Biesterfeld, CEO
Mike Zechmeister, CFO
Chuck Ives, Director of IRSafe Harbor Statement
Except for the historical information contained herein, the matters set forth in this presentation and the
accompanying earnings release are forward-looking statements that represent our expectations, beliefs,
intentions or strategies concerning future events. These forward-looking statements are subject to certain risks
and uncertainties that could cause actual results to differ materially from our historical experience or our
present expectations, including, but not limited to such factors as changes in economic conditions, including
uncertain consumer demand; changes in market demand and pressures on the pricing for our services;
competition and growth rates within the third party logistics industry; freight levels and increasing costs and
availability of truck capacity or alternative means of transporting freight; changes in relationships with existing
contracted truck, rail, ocean, and air carriers; changes in our customer base due to possible consolidation
among our customers; our ability to successfully integrate the operations of acquired companies with our
historic operations; risks associated with litigation, including contingent auto liability and insurance coverage;
risks associated with operations outside of the United States; risks associated with the potential impact of
changes in government regulations; risks associated with the produce industry, including food safety and
contamination issues; fuel price increases or decreases, or fuel shortages; cyber-security related risks; the
impact of war on the economy; changes to our capital structure; risks related to the elimination of LIBOR;
changes due to catastrophic events including pandemics such as COVID-19; and other risks and uncertainties
detailed in our Annual and Quarterly Reports.▪125% improvement in Diluted EPS
▪26% increase in Adjusted Gross Profit per
business day, led by our Ocean and Truckload
▪Global Forwarding sustaining its strong execution
▪Capturing more truckload spot market
opportunities & repricing our contractual truckload
business to reflect the current environment
▪Technology and transformation initiatives providing
meaningful growth opportunities and efficiencies
Q1 2021 Opening Remarks
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Adeia