Michael Vermut: Yes.
David Parker: You know, I don’t disagree with anything you just said there. Of course, we can’t talk about going private or anything like that, but that’s why we got aboard. We got aboard to talk about all the issues that are there and we’re busting our butts. And as I said, you know, two or three years ago, when we started down this road of where we should be at in the market, somebody is going to love us. Wall Street can love us. We’re going to love ourselves. We bought back 25% of the Company and, and we’re doing a great job. This team is doing unbelievable. I could not be any more excited about what the group is doing and — you know, just — they’re doing great. And I think that Wall Street will reward us I think one day that it will wake up and say they are doing well and we will get rewarded. But again, we bought back 25% of the Company. Somebody is going to love us. So we’re going to have to determine who’s going to love us.
Michael Vermut: Excellent. And then one other thing. When we look at, you know, — let’s say we’re near the trough here and we’re doing, you know, 400 to 450 of trough earnings. When we look at what we’ve added in here, layered in the acquisitions, what’s on the table here, is there any reason to think we won’t be getting back up to the 550 to 650 as we approach another peak? You know, is the earnings power stronger at the Company now than it was…
David Parker: Got it down. We got it down. We’re working on five-year strategy and, of course, you know, five-year strategies as we all know is — I love our strategic planning and looking out the next five years because we’ve been doing this for about a solid three years during this time that you’ve seen us do what we’ve, you know, what we’ve achieved. It’s been a great strategic plan and we got five-year plans and again those can change in a year depending upon, you know, the conditions out there. But, hi, at the end of those, I couldn’t be any more happier. The numbers — we are going to get back when things turn around. We’re going to shoot off very nicely. There’s no doubt in my mind that we’ve got the company positioned to have an outstanding future.
Again, I couldn’t be more proud of where we’re at. I mean, we can compare it to ’08, ’09 and we all could say that it may even be worse than ’08 or ’09. Because, be honest with you, I never forget October of ’08, ISM was a 38 and by June, July next, the following year, about eight months later, we were showing extremely nice positive internal numbers on utilization and revenue and, you know, those kind of things. And none of us, the industry is seeing that in this environment today. And we’re all sitting there saying is it going to happen now? Is it going to happen in March? Is it going to happen in next June? And, and nobody knows that and performing the way we’re performing, I say hallelujah.
Michael Vermut: Yes, for sure. Like, like there’s no Company that I can find right now in this environment that’s performing as well as we are. So, you know, you said it five years ago and the Company is a completely different Company now. So, you know, great job guys.
Paul Bunn: All right. Thank you, Mike.
Tripp Grant: Thanks, Mike.
Operator: And our next question comes from Scott Group from Wolfe Research. Please go ahead, Scott.
Scott Group: Hi, thanks. Good morning. Sorry about that earlier. I was just wondering, as you — as we get to 2024 bid season, how are you thinking about Expedited rates, Dedicated rates? Do you think rates can start moving up next year? Do there — do you think there is some further downside risk to rates? What’s your approach early on to bid season?
