Brad Jacobs

And it's probably the most tech forward warehouses you'll ever see.

Not you'll ever see.

In the future, they'll all be automated like that, but you will be able to see today.

There's warehouses that are large warehouses that a competitor may be running and having hundreds of people running it.

And GXO is running it with 15 people.

And everything's well-engineered and well-designed using state-of-the-art technology.

And it has a big joint venture with Nestle over in Europe of the warehouse of the future, which now is the warehouse of today.

So I'm just giving you a few examples of utilizing technology, but I could give you hundreds of examples because

That's a mindset that's in every company I've run is how do we use technology and capitalize on the trends?

How do we make technology our friend, not our enemy?

I'll give you one very graphic example of something I thought was a trend, and I wrongly thought it was a trend, and I ended up losing a lot of money on it.

Back in, I want to say around 1999 or so, there was this Transportation Equity Act for the 21st century.

It was called T21.

And the idea was to repair all the bridges and the tunnels and the roads and all the decaying infrastructure across the United States.

And the government was going to spend $600 billion to do that.

And I thought that was a trend.

I said, wow, I got to get on this trend.

We're going to see a lot of... By the way, $600 billion back in 1999 was a lot of money.

Today, I don't know how many headlines it would even get.

It's not trillions.