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To say 1/12 pf all deliveries are Auto related in US isn't a...

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McKhenry

5,415 Posts.

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24/01/18

16:08

Post #: 30537562
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Originally posted by pyrrho ↑

Do people actually think a billion deliveries p.a. from the networks / supply chain of NA Williams is actually possible? This is surely a completely ridiculous number.

For reference, I've just spent 2 minutes Googling and there was 12B parcel deliveries in the US in 2016 (source: Pitney Bowes).

By subscribing to the 1bn p.a. number and the resulting ~$130M revenue associated with that, you are assuming that the supply chain / networks of this tiny company in the declining auto industry (more likely they are completely screwed) focused in the American mid-west can somehow generate deliveries that compare in volume to almost 10% of TOTAL parcel deliveries in the US.

A lot of people are speaking as if the NA contract is going to be the white knight for GSW...at this stage, I do not think its justified....definitely not at 1bn transactions p.a.

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To say 1/12 pf all deliveries are Auto related in US isn't a stretch, every car that gets serviced would have 4 deliveries/ parcels, then it comes sdown to how many cars get serviced per day.

GSW Price at posting: $2.92 Sentiment: Hold Disclosure: Held
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