McLeod Software 2021 User Conference

Join us Sept. 12-14 for the McLeod Software 2021 User Conference. The conference will discuss trending issues and best practices in the transportation industry and highlight new McLeod products, new features of existing McLeod platforms, and provide interactive educational sessions to help users get the most out of their systems. More than three dozen industry experts will share their insight, including KSM’s Tim Almack and Jason Miller.

Jason Miller will present the following sessions:

M&A Update: Current Market Conditions and Associated Legal and Tax Considerations

2021 provided an unprecedented M&A market for the transportation industry. A variety of factors such as COVID-19 recovery, soaring equipment values, and potential tax increases, have created a perfect storm, spurring mass consolidation. This environment presents buyers and sellers of transportation companies with unique opportunities and challenges. During this session, we’ll review year-to-date results, and provide thoughts with respect to the upcoming M&A market.

Lease Accounting Standard Update

With the Jan. 1, 2022 implementation date (for private companies) for ASC 842- Leases looming, it is imperative that trucking companies are prepared to implement this new lease accounting standard as it may have a significant impact on their balance sheet and bank covenants. This presentation provides an overview of lease accounting and discusses transition and planning considerations as well as implementation and related disclosures.

Tim Almack will be part of these presentations:

Potential Tax Law Changes Under the New Administration

A new administration brings potential tax law changes that could greatly impact the transportation industry. This session outlines and discusses the potential changes that may affect carriers and logistics companies in 2021 and beyond.

How To Increase Profits by Bridging the Knowing-Doing Gap

Learn more about the processes or tools trucking companies use to implement profit improvement strategies for increased success. KSM’s Tim Almack, will lead a panel discussion to explore:

• How turning knowledge into action can positively impact a trucking company’s overall performance
• Why successful performance improvements depend largely on implementing what is already known, rather than adopting new ways of doing things
• How measuring internal processes instead of tasks will help improve operations and not just measure outputs

Merging Operations Post M&A

This customer-led session will discuss approaches to merging two companies after an acquisition, including what has worked, along with lessons learned.