After last night's networking party by the pool, MCAA attendees returned for more valuable insight into the courier industry today with the first presentation, "The Evolving Landscape of the Same-Day Industry."
The panel consisted of three leaders in the shipping industry, Benjamin Gordon (BG Strategic Advisors), Andy Ahern (Ahern and Associates and Tom Washbush (Benesch Attorneys at Law.
The three discussed the outlook on the courier and transportation industry as a whole. Gordon noted how transportation company stock has increased more than 20 percent in the last year. As the economy continues to rebound, albeit slowly, Gordon said small courier operations are set to benefit from the boost.
Moderator Rob Slack focused the second part of the session around selling a courier business. While there are many factors to consider when selling a business, Washbush explained that owners must be ready to let go of the operation before the selling process can even begin.
More to come.
Vincent Brennan
Editor
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