It is not about logistics.

It is not about market data or freight volume.

It is not about price negotiations.

It is not about the middleman.

It is not about winning because another loses.

It is not about private equity or debt leverage. 

It is not about the pageantry over results, or the illusion of value.

 

It is not about selling off, or selling out.

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It is about raising the net operating income of American industry.

It is about a structurally lower cost floor — in inputs, labor, production, and finance — so the same asset base produces more output and more profit.

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It is about reducing the capital burden on the trade system, and redesigning it for performance rather than paper.​

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- Jonathan Napper

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