Tonight, Nashville and Chicago are the late breaking airports dealing with delays due to a shortage of controllers. The FAA warning that Philadelphia, Indianapolis, Albuquerque, Dallas, Houston, and Boston could also be affected. All fueling concern that what happened in Burbank could soon spread.Controllers in the tower pilots had to call San Diego controllers as delays quickly grew. Shortages have also caused delays at Newark, Denver, and Phoenix. Controllers are expected to work without pay for now, even ...

This morning when I woke up, there was 6,000 bays in our dealerships with no technician. So, can't get my car fixed. Nope.Two weeks. Average weight is two weeks. Not because we don't have the parts, we don't have the mechanics, factory workers, construction workers, farmers, all the people that move things, truck drivers, rail workers, and people fix things.Plumbers, electricians, HVAC, all the people that basically work with their hands. Why is there a shortage of these workers. Well, it's a complicated pr ...

Yahoo. Finance executive editor Brian Sazi caught up with Ford CEO Jim Farley at the Ford Pro Accelerate Conference in Detroit to discuss boosting productivity for essential American workers, >> factory workers, construction workers, farmers, uh all the people that move things, truck drivers, rail workers, and people fix things, plumbers, electricians, HVAC, all the people that basically work for our hands. Think uh with their hands.Think of like Mike Row. All of Mike Row's friends who I love Mike Row. >> Y ...

I assume you're happy with the move today. Maybe you wanted something bigger You can tell us. Was President Trump right, though.Jay Powell too late. Well, listen, I really support the action that the Federal Reserve took today. And I think, you know, as Jay Powell said today, they are balancing to risk their balancing the risks of inflation on the one hand and the risks of declining employment on the other hand.So I don't second guess the decision that the Fed made today. I think that the problem that we al ...

Summary of Distribution Solutions Group (DSGR) Conference Call Company Overview - **Company**: Distribution Solutions Group (DSGR) - **Industry**: Specialty distribution for maintenance, repair, operating (MRO), OEM, and industrial technologies - **Revenue**: Approximately $2 billion - **Free Cash Flow**: About $175 million - **Adjusted EBITDA Margin**: Ranges from 9% to 10% [4][41] Core Business Verticals 1. **Lawson Products**: Focused on MRO, servicing around 80,000 customers with class C fasteners and consumable items [4][25] 2. **Jexpro Services**: OEM-focused distributor serving about 2,000 customers, providing high-value services [4][27] 3. **Test Equity Group**: Accounts for about 40% of DSG's revenue, servicing the industrial technology space with test and measurement equipment [4][24] Key Points and Arguments - **High Touch Distribution**: DSG emphasizes its role as a high-touch, value-added distributor, providing not just products but also expert technical support and just-in-time delivery [5][6] - **Market Diversification**: DSG services over 200,000 customers and works with more than 10,000 suppliers, ensuring no single customer accounts for more than 3% of sales [20][19] - **Acquisition Strategy**: DSG has completed nine acquisitions in the last three and a half years, deploying about $550 million in capital [8][33] - **Revenue Growth**: Total revenues increased by over 14% year-over-year, with 3.3% attributed to organic growth, particularly from Jexpro Services [35] - **Customer Retention**: DSG boasts a revenue retention rate of approximately 92%, indicating strong customer loyalty [19] Financial Performance - **EBITDA Growth**: The company has seen EBITDA margins improve from less than 8% pre-DSG to around 10% currently, with a target of reaching 13.5% [20][41] - **Cash Flow Generation**: DSG operates with an asset-light model, with only about 1% of revenues allocated to capital expenditures, allowing for significant free cash flow generation [13][31] - **Share Buybacks**: DSG has repurchased approximately $20 million in shares in the first half of the year, indicating a commitment to returning capital to shareholders [31][38] Market Position and Future Outlook - **Onshoring Trend**: DSG is well-positioned to benefit from the trend of onshoring and near-shoring manufacturing back to the U.S. [22] - **Labor Challenges**: The company provides skilled sales support to help customers address labor shortages, enhancing its value proposition [22][23] - **Technological Advancements**: The Test Equity Group is positioned to capitalize on advancements in technology, particularly in IoT and electronic production [24] Additional Insights - **Vendor Managed Inventory (VMI)**: DSG employs VMI strategies, placing bins and cabinets at customer locations to streamline inventory management [14][15] - **Competitive Moat**: The extensive service offerings and technical expertise create a competitive advantage, making DSG a preferred partner for many customers [12][10] - **Vertical-Specific Strategies**: Each vertical operates with distinct sales strategies and customer bases, ensuring tailored approaches to market demands [18][19] This summary encapsulates the key points discussed during the conference call, highlighting the strengths, strategies, and financial performance of Distribution Solutions Group.

Industry Overview - California's agriculture is the largest state producer and exporter of agricultural products, accounting for over a third of the country's vegetables, fruits, and nuts [1] - The agricultural sector in California is a $49 billion industry [3] Labor Force and Immigration - 75% of farm workers in California are immigrants, and a third are undocumented [2] - Immigrant workers possess decades of skills that are difficult to replicate or automate [5] - The industry faces worker shortages that predate changes in immigration policy [5] - Workers express fear and concern about their safety due to immigration raids, but continue working due to financial necessity [4] Policy and Challenges - The Trump administration believes there is no shortage of American workers and aims to create American jobs while enforcing immigration laws [6] - The Department of Labor is working to streamline the visa process for temporary workers [6] - There is a recognized labor shortage in farm work, which is not a job many people want to do [7]

Robots are revolutionizing America's farmlands. Self-driving tree shakers collect nuts. Mini machines prep soil.And some robots even fire lasers. Their target, unwanted weeds. >> The stuff that's not fun to do, that's going to start to go away.Larry Jacobs runs six farms in California with the help of eight robots that spread fertilizer and flame fields to get rid of insects. >> Our biggest problem is labor. >> You can't find enough people to hire.>> It's challenging to get all the work done because if we d ...

Russia needs to find the equivalent of 2 million workers a year over the next five years https://t.co/PUNDgBeBYL ...

Labor Shortages in Electrification - US data center builders are experiencing delays due to labor shortages [1] - German heat pump customers face installation wait times twice as long as French customers [1] - UK utilities are struggling with a backlog of solar panel installations [1] - The electrification industry faces a major global shortfall in labor [1] Skills and Compensation - The required skills for many electrification jobs don't necessarily require a university engineering degree, but rather mechanical skills, plumbing skills, and safe roofing practices [2][3] - Engineering talent has shifted towards the tech industry due to "sexy companies" and higher pay [3] - Electrification companies are facing the challenge of matching tech industry salaries to attract talent [3] Impact and Focus - Labor shortages in the electrification industry are impacting the green energy transition and the AI revolution [4] - Addressing labor shortages is crucial for turning things around in the electrification sector [4]