Latest / The Inspired Stories Podcast / Trinity Logistics Grew From $100M to $1B Under Doug Potvin's People-First Leadership
Transcript
- 0:04Welcome to another edition of the Inspired Stories podcast,
- 0:08where leaders share their experiences so we can learn from
- 0:11their successes and be inspired by how they've overcome
- 0:14adversity. My name is Anthony Kotaspodi and
- 0:16today's guest is Doug Potman, the Chief Financial Officer at
- 0:20Trinity Logistics. Established in 1979 and
- 0:24headquartered in Seaford, DE, Trinity offers freight solutions
- 0:28on a global scale, remaining focused on core values like
- 0:32company culture, innovation and outstanding customer service.
- 0:36Their commitment to excellence has helped them grow into one of
- 0:39the top logistics companies in the nation, boasting over 400
- 0:43team members across more than six locations and over 150 agent
- 0:48offices located throughout the US, Canada, Mexico and overseas.
- 0:53Doug has served as CFO since 2006, ensuring the company's
- 0:58financial integrity, also leading diverse teams in
- 1:01finance, administrative functions, risk management, IT
- 1:04and marketing. Throughout his career.
- 1:07He also plays a key role in identifying opportunities for
- 1:10acquisitions and partnerships. With years of experience under
- 1:14his belt, Doug brings a wealth of knowledge to the table,
- 1:17balanced by a genuine passion for supporting people and
- 1:20processes that fuel Trinity's success.
- 1:24Now before we get into all that good stuff, today's episode is
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- 2:09All right, back to our guest today, the CFO of Trinity
- 2:11Logistics, Doug Potthen. Thanks for making the time to
- 2:14Share your story today. Hey Anthony, I appreciate the
- 2:17invite and such and look forward to this conversation.
- 2:20So Doug, you've been with Trinity for nearly 20 years.
- 2:23Did you always work in the transportation industry or is
- 2:26there something that came before this?
- 2:27Now something came before this. I worked for the federal
- 2:30government for about 6 years prior.
- 2:32I graduated from college and small college, 800 people and
- 2:37I'd worked for the government during my summer months and
- 2:41prior to my senior they offered me a job and that was in the
- 2:43seafood industry, financing seafood industry.
- 2:46After 6 1/2 years with the federal government, I worked 10
- 2:49years for a clam company on the Eastern Shore of Virginia who
- 2:52was sold to See Watch in Milford, DE and then I started
- 2:57my work with Trinity Logistics located in Seaford, DE.
- 3:01What were some of the lessons that you learned from working in
- 3:03the seafood industry that were able to carry forward to your
- 3:06work in Trinity? Well, I, I would say to Seaford,
- 3:08the, the job for 10 1/2 years that I had with the clam company
- 3:11was basically family owned, had a fathered mother son.
- 3:14I was part of the executive team, became general manager
- 3:18down there and we were flat organization.
- 3:19We didn't have a plant manager. And so basically I did
- 3:23everything at that plant, everything at that company with
- 3:27the exception of sales. And the son and I were both
- 3:30collaboratively working on the manufacturing in the back and
- 3:34how diverse it was from HR to insurance.
- 3:37I mean, it's where I cut my teeth for 10 1/2 years and
- 3:39really learned first thing I did when I got for the job was read
- 3:43the insurance, which was about four inches thick because
- 3:45they're just going through an insurance renewal.
- 3:47And so the most diverse thing I did with them is I actually ran
- 3:50the farming operations. We got rid of race water.
- 3:52So I would purchase seed contract to seed out or contract
- 3:57to harvest out. So again, just when to plant.
- 4:00It was just such a fun job learning as I went about and I
- 4:05asked a lot of questions, a lot of different people so that I'd
- 4:09get a broad understanding what's going on.
- 4:10But that fried at the base of going forward in any career.
- 4:17You got to wear a lot of different hats while you were
- 4:19there, which is something that you continue to do today, as I
- 4:21understand. Correct.
- 4:23And what you do is simply, I mean, I and then what I find
- 4:25myself is I'm very curious individual, a lot of questions
- 4:28want to know why they operate. I'm also very analytical.
- 4:30And so again, it's, it's such that I question when we start
- 4:34doing things because again, doesn't make sense.
- 4:36Does the analysis hold true? And so I want to know from that
- 4:39perspective and it was really fun that once they could see
- 4:45that I wanted to continue to do more, it just continues going
- 4:48forward like that. And that's what I'm saying.
- 4:50If you're curious and you want to continue to exceed in what
- 4:53you're doing, just ask. They'll be more than happy to
- 4:56give you additional responsibilities and roles.
- 4:58As I say, you're able to do it. And see, that's interesting to
- 5:02me. And I, I find that from a lot of
- 5:03type A, like highly successful people, we're constantly raising
- 5:07their hand. I want to understand how this
- 5:08works. I want to learn more.
- 5:10I want to be part of this, and there are some people that seem
- 5:13to be. I don't know if they're wired
- 5:14differently or maybe the fear inside of them is just stronger.
- 5:17Like I don't understand that. That's scary to me.
- 5:21Well, you know, I think it's interesting.
- 5:23I would say I and this is, this is one of the things we're all
- 5:26wired differently. We're all wired differently and
- 5:29we're going to have made for a purpose at a time and such.
- 5:32And so it just so happened falls in the same type of things.
- 5:35Sometimes there's fear and apprehension.
- 5:36Those people may be solid as something else and it doesn't in
- 5:41their mantra to do that. But somewhere along the line you
- 5:44can also say, hey, it's also about me and I do want to grow
- 5:47and reach out of your comfort zone.
- 5:48That's the biggest fear is reaching out of your comfort
- 5:51zone or the person you're talking to may think, what's
- 5:55this guy doing? Why they doing this and stuff?
- 5:57And it doesn't matter what people might think if you're
- 6:00doing what's right. So how did the opportunity to
- 6:04join Trinity come about? Well, the interesting thing
- 6:07about that is it came about because of our accounting
- 6:09company at the Clam Company was the same accounting company up
- 6:12at Trinity Logistics. And so when the company was
- 6:16being sold, in other words, Eastern Shore Seafood Products
- 6:20where I work was being sold to a company in Milford, DE, I was, I
- 6:26was accounting company, knew I was looking for a job and they
- 6:29mentioned my name to Jeff Banning, the owner of Trinity
- 6:32Logistics at the time. him and I got together in May of the year,
- 6:37we were selling. And at that point in time, we
- 6:39talked and he said some things and I just said, well, figure
- 6:42out what's going on with you first before I jump into another
- 6:45boat like that. And then in November, ever, we
- 6:49sold the Eastern Shore in December, in November, I reached
- 6:52out to him. He said, no, I'm all set right
- 6:53now. And so axiality, what happened
- 6:56is I went to work for another clam company up in New Jersey
- 7:00for three months and an off chance I sent an e-mail to Jeff
- 7:05Banning saying, hey, would you like to talk now?
- 7:07He said yes, something must have happened.
- 7:09And in July of 2006, hired at Trinity as the first and so far
- 7:16only CFO of the company came on at 100 million and now a billion
- 7:20dollar company. Wow, What was it that made you
- 7:23send that e-mail three months later?
- 7:25I mean, he told you the last time you spoke.
- 7:27Hey, we're all set. We're good right now.
- 7:29You know, Anthony, I've got AI, got AI, got a strong faith.
- 7:32And I, and I believe it's just the God's purpose.
- 7:35And will that set upon my mind, send this e-mail at this point
- 7:38in time. Because again, last time I
- 7:41talked to Jeff was in November and hadn't reached out.
- 7:45And all of a sudden this day just said, hey, why don't you
- 7:47just send Jeff an e-mail? And it was at the right time.
- 7:50Not my time, but God's time. On it.
- 7:55Yeah, you talk about your faith and probably a lot of people who
- 7:59know you well obviously know this, but our listeners don't
- 8:01because we didn't mention it in the intro.
- 8:03You're actually a pastor. How much does that influence the
- 8:08the way that you approach work? You know, being a pastor, it's,
- 8:12it's, it's interesting approach work with the simple fact that I
- 8:16realized things happen for a reason and purpose.
- 8:18Sometimes I don't see it clearly and I think I've done something
- 8:22wrong or someone else had done something wrong.
- 8:24And I realized in actuality, there's purpose behind it,
- 8:27whether it's for me or whether it's for someone else.
- 8:29So, and it's, it's typical of the nature.
- 8:31So simply it's God's will. And I believe that.
- 8:35And so things happen. So it allows me to rest a little
- 8:37bit more assured that things are going to work out in the end for
- 8:42his purpose on there. But the other piece that's
- 8:45really interesting for me as a pastor is I let my life hang
- 8:50before the congregation. And what I mean by that is, is
- 8:54when I'm preaching, sometimes I'm just preaching to myself,
- 8:57maybe something going on at work that's causing me some angst or
- 9:00something like that. And so and I truly believe a
- 9:03pastor that's by vocational is speaking that may be more
- 9:08relatable to the individual person.
- 9:10Not to say that full time pastors aren't doing a great
- 9:13job, because they do, but if I. Use that word again by
- 9:16vocational. By vocational meaning that it's
- 9:19word they use in the ministry by vocational meaning your pastor,
- 9:23plus you're working another job. OK, I don't I don't believe in
- 9:26the Bible vocational word. I simply I work a job and I work
- 9:30it well. And then I got a calling from
- 9:32God to go pastor at this one church, small local church.
- 9:36If they said, hey, Doug, you're fired, it's not like I'd put out
- 9:39an application to become another pastor somewhere else until God
- 9:42told me this is where I want you to go.
- 9:43If that was the case, I've been doing that.
- 9:47Oddly enough, I've been doing that for the same amount of time
- 9:49I've been at Trinity Logistics. I was going to ask, is that
- 9:54coincidental? Obviously the name of the
- 9:55company was there before you were, so you had no influence on
- 9:58it. I.
- 9:59Had no influence on that, but I'll tell her it was a mother
- 10:01and sorry, a husband and wife older who started this business
- 10:06and they went into separate rooms at night to determine what
- 10:10the name was. They came out the next morning,
- 10:12both with the word Trinity. About that, yeah.
- 10:16So, OK, so you came in when the company was at 100 million, very
- 10:20respectable company. Today it's a billion dollars.
- 10:23When you first came in, what was, I don't know, the biggest
- 10:26project that you're like, oh, we've got to address this, we
- 10:29got to tackle this now. Yeah.
- 10:30I think the biggest project was trying to sort through some of
- 10:36HR type of related matters, particularly the four O 1K audit
- 10:40had a difference from what was in being reported, what was
- 10:43actually in the funds. And so looking at that process,
- 10:47we got that reconciled. But then I realized a lot of
- 10:50stuff we were doing is based on spreadsheets and stuff instead
- 10:52of letting technology and efficiencies drive the piece of
- 10:56it. And I think that's what I could
- 10:58see from that standpoint is that we needed to become more
- 11:02technology driven and allow the errors to go away across the
- 11:07board, Across the board. And that has started the journey
- 11:10for myself. I'm working on the admin
- 11:12functions and such to become as efficient as possible and really
- 11:16try to focus on getting to a role in which we're exception
- 11:19management base on there. But that was the first big
- 11:23tackle was just the coming in and doing a little work in HR
- 11:26and I was prepared to do that. Why?
- 11:28Because of the well-rounded work experience I had at the seafood
- 11:31company. Like we said, you got to wear so
- 11:34many different hats there that you got to see sort of front
- 11:36office, back office, operations, everything in between.
- 11:39Correct. Oh, the interesting thing about
- 11:42that was at Eastern Shore Seafood Products, I actually
- 11:44contracted with Trinity to move our freight.
- 11:48OK. All right.
- 11:49So let's talk more about what Trinity actually does.
- 11:51Would you service some of the core services that you offer to
- 11:56folks? What geographies that you're in?
- 11:59Help us understand. Yeah.
- 12:00So trying to do the logistics is a third party logistics company.
- 12:03We own no assets per say. Well, we do is arrange freight
- 12:09shipments with customers have freight to move the United
- 12:13States or internationally across border with carriers who have
- 12:16capacity to be able to do that. And we're the 20th largest in
- 12:19the United States of America. We do this day in and day out
- 12:23moving about 600,000 shipments a year.
- 12:26We do not only the arrangement of freight truckload, we do less
- 12:29than truckload. We do intermodal, we do drayage,
- 12:32we do expedite it all with third party carriers.
- 12:35We also use third party partners for moving freight
- 12:37internationally as well. We also offer a transportation
- 12:41management system to customers where they can choose as much as
- 12:46they want. They can just have software as a
- 12:47service, They can have software service and we broker the
- 12:51freight for them, or they can have software service and we
- 12:54will actually put staff in their offices.
- 12:58Today, this is fascinating. So you own no assets, so the
- 13:01trucks aren't yours. You're using people who own
- 13:05their own trucks to move the freight.
- 13:07Yeah, correct. So we mentioned in the intro 400
- 13:11team members, but most of those folks it sounds like are
- 13:14probably independent contractors.
- 13:15There's probably very few that are actually like W2 on your
- 13:19payroll. Now actually on the payroll, on
- 13:21the payroll is 400 team members, but in addition to the 400 team
- 13:25members, something that Trinity does that is done in the
- 13:28industry, but not an awful lot. We have our own offices, Trinity
- 13:31offices across the United States.
- 13:34We also have what we call 150 freight agents who are
- 13:37independent contractor, 1090 nines who do the same thing an
- 13:40office does with respect to fine customers, fine carriers.
- 13:44And then Trinity provides the back end support services for
- 13:47them, all the admin functions, the insurance and such.
- 13:50So a freight agent comes on, they get a Commission of what
- 13:54they make on a particular load, which is a brokerage Net margin
- 13:58and then we provide all the back end services to them and they
- 14:01provide a a split on that Commission that they receive.
- 14:05And the back end that support that you're providing is billing
- 14:09functions. It's a it's a host of health of
- 14:12that technology we have ATMs proprietary built besides all
- 14:15the technology functions is coming out of our office.
- 14:18The billing credit collections, claims management, both freight
- 14:23claims as well as bodily injury type of claims are managed by us
- 14:27in the process our insurance products that we have to offer
- 14:30to place in nature. So just about every back end
- 14:33function you can think of with the exception of really human
- 14:37resources, the wall for some advice, but not very, you know,
- 14:41but because there are 1099, they're not actually employees.
- 14:44You're not the employer. Of record for that, correct?
- 14:46Yeah, correct. Interesting.
- 14:48So is that how it works for most independent carriers, most
- 14:51independent drivers, is that they're working with somebody
- 14:55like Trinity to provide that back end function or is this a
- 14:57little? Unusual.
- 14:58Well, this is unusual in that these are not drivers that we're
- 15:01talking about. These are just freight agents
- 15:02again, who don't have assets. Some may have the little trucks
- 15:05on their side. What we do, so, So what we do do
- 15:08is of course the industry is filled with the, if you go on
- 15:11the Federal Motor Carrier Safety Administration, you'll see
- 15:14there's hundreds of thousands of carriers who are registered
- 15:17under the Federal Motor Carrier Safety Administration to provide
- 15:20the actual transportation services.
- 15:22And 80 to 90% of those are single owner operators or own 2
- 15:27trucks or maybe 3 trucks. You don't have a large fleet,
- 15:31fleet type of size thing. So what we do as a middle man is
- 15:34basically provide their sales in that we're looking for shippers
- 15:40and provided them for as opposed to them going out and hiring
- 15:45people to do that or living off the load board.
- 15:47We try to get dedicated carriers, committed carriers who
- 15:50want to work with us with some of our shippers on there.
- 15:54But we do go through a number of carriers because again, we're
- 15:57trying to provide purpose to the to the shippers.
- 16:01So when you started, you guys run 100 million, now you're a
- 16:04billion dollar company. How much of that growth has
- 16:07taken place through acquisitions and how much of it has been
- 16:11through kind of just your own internal growth?
- 16:14The bulk of it's all been through organic growth.
- 16:17We've had one acquisition of an office out in Arizona.
- 16:22We just happened to be did not have a place located out West,
- 16:28came across this entity that had a similar culture and decided to
- 16:32make that purchase. We're very selective in our
- 16:34acquisitions targets. We're looking for someone who
- 16:37can, who can continue to provide value to us in niche markets,
- 16:43whether it's drayage or LTL, maybe they've got some expertise
- 16:47there or got a customer base that would help us grow that, or
- 16:51they're strategically located in an area which we may not be in
- 16:54from a company office perspective.
- 16:57Or it could be a potentially a smaller office that's next to
- 17:00one of our offices. We call a tuck in that we can
- 17:02put the people right into the office and grow from that
- 17:04standpoint. We're not out there.
- 17:06We're not out there looking just to buy business.
- 17:08That's not what we want to function.
- 17:10Our, our first thought in the entire process is who we're
- 17:14acquiring. Are they a cultural fit?
- 17:16Because the culture is very important to us and we want to
- 17:18make sure that we're bringing on the right fit from a cultural
- 17:21standpoint. And then like you said, if it
- 17:23fills A niche market or a strategy that we're looking to
- 17:25achieve, that's the second biggest thing that we're looking
- 17:28for. And before we went live on our
- 17:30recording here today, you were telling me about a new company
- 17:34sort of tangentially related to what you do that you know you've
- 17:37recently acquired. You want to give voice to that?
- 17:39Yeah. So, so Burse Logistics, about
- 17:42two years ago, I had the opportunity at the strategy
- 17:44meeting with Burse and a bunch of other people.
- 17:46They were figuring out what's the next business unit.
- 17:49And so I raised my hand and I said, you know what we should
- 17:52get, we should start a factoring company.
- 17:55And of course the factoring company, just for your listeners
- 17:57there, buys receivables from motor carriers and a discounted
- 18:01rate and then is responsible for invoicing and also collecting
- 18:06the money from the debtor. So they pay them upfront and
- 18:10good. For cash flow for for your
- 18:12client. And typically most of the time
- 18:14it may be non recourse. So the carrier's not responsible
- 18:17because in the transportation industry again with owned
- 18:19operators, unexpected things happen and they can't wait that
- 18:2230 to 45 days for the debtor, the broker or the shipper to pay
- 18:26them. And therefore this brides
- 18:28mechanism that is really good. And again, it eliminates some of
- 18:30their back office staff with regard to invoicing and
- 18:33collections and it removes their credit risk on that.
- 18:36And so we got involved in that because Trinity pays out for
- 18:39actually 50 to 60% of our motor carriers out to motor carriers a
- 18:43factor. And so we thought this would be
- 18:45a great addition to offer that synergy.
- 18:48And I'm going to tell you this real good is that when we went
- 18:52this, we thought about starting island realized we can make a
- 18:54lot of mistakes. So we said, you know what,
- 18:56instead of getting financially in the hole right off the bat,
- 18:58why don't we look to buy a a small factoring company came
- 19:01across a great company, Eagle business credit transportation
- 19:05arms cash way. They do general factoring, non
- 19:07transportation related, and they also do transportation
- 19:10factoring. And I'll tell you, I was really,
- 19:14really said this is a company we want to buy.
- 19:17Ian Varley, who's the president there, came up to meet with us.
- 19:21And then when he was leaving, this was on July 2nd, he's an
- 19:24ex, he's an expat Brit, so he's from Great Britain.
- 19:28I came over about 20 years ago. And so on July 2nd, he said to
- 19:32us all, I want to wish you all a Happy Traders Day.
- 19:36And I said, you know what, the guys, the guy's a fit and he has
- 19:40been and the team has been a fit culturally and everything else.
- 19:43And it's been a great addition for us.
- 19:45And we continue to look to see that the continued growth there
- 19:48and allows us to offer a service to our carriers that is based on
- 19:52integrity, honesty and great customer service, which
- 19:56sometimes is not always easy to find in the factoring space.
- 20:00So aside from this British gentleman making a a funny joke
- 20:03around, you know, our Independence Day, what else was
- 20:06it that you saw? What is it you were looking for
- 20:09there to determine if this was going to be culturally a good
- 20:11fit? So we actually went down myself
- 20:14and and Sarah Roughcorn, the President of Trinity Logistics,
- 20:18Jordan Jackson, who is the rent merger and acquisitions at
- 20:22Burris Enterprise, our parent company, a Burris Logistics,
- 20:25Sorry, runs the merchant acquisition.
- 20:27We went down there and spent time in the office talking with
- 20:31them. I went down when we're doing our
- 20:33due diligence and met with the team members of stuff and
- 20:35realize, you know what, they're focused.
- 20:37You hear a phone ring, it rings maybe one time, 2 times picked
- 20:40up someone against offering that great customer service to the
- 20:43client and their client. For the most part, besides the
- 20:45general factoring or transportation companies,
- 20:48carriers, mostly owner operators, small fleets and we
- 20:51said, you know what, this is a beautiful fit and they offer the
- 20:54same type of thing. And you know they believe in
- 20:57what we would describe and that's what we saw.
- 20:59The core values that we have, we have we believe in as an
- 21:02enterprise. We not me, it's not about an
- 21:04individual success, it's about the team's success, right?
- 21:06We believe in that. Make it happen.
- 21:08We want to make it happen for our customers, our carriers, our
- 21:12team members, our agents. So let's make it happen.
- 21:14And we all want to deliver that with personal service
- 21:18excellence. And that's what we live every
- 21:20day. And so we saw that and we said
- 21:22that's that's the fit and they were at the right size.
- 21:25That said, you know what, we can get into this and not be at
- 21:30risk. It doesn't work out all that
- 21:31much. OK.
- 21:36So we've talked a little bit about how you've grown through
- 21:39acquisition, the internal organic growth that you've
- 21:42experienced over the years. Doug, what are some of the
- 21:44biggest growth levers that you've been able to pull to
- 21:47affect that? Well, you know, the biggest
- 21:49growth leverage that we've pulled on that is regarding to
- 21:52our sales structure, our sales team.
- 21:56You know, we hired a few years ago Mark Peterson as the senior
- 22:00Vice President of sales and marketing, Greg Massey after the
- 22:04acquisition, a few years after the acquisition by Burris was
- 22:08promoted to lead the agents part.
- 22:09He's done a great job of recruiting additional agents.
- 22:12The sales plan changed from just having an account manager to
- 22:15really like farmers cultivating accounts that came in.
- 22:19And so we really developed an arm around BDRS business felt
- 22:24reps would go out and try to be the hunter and grab those
- 22:27accounts and stuff and build on that.
- 22:29And we also created a group of what we call senior sales
- 22:32executives and sales executives who do a little bit more echelon
- 22:35of higher caliber customers in the Fortune 100 Fortune
- 22:40thousand. And and we've been fortunate.
- 22:42We've been fortunate that we've had good team members and good
- 22:44agents come on board. And you know, we're really
- 22:47excited about the future on there, but it's really about
- 22:50changing the sales structure to drive that growth.
- 22:55Did you have experience putting in that sort of sales structure
- 22:58or did you bring in a consultant to help with that?
- 23:02That was a little bit of a mixture of internal thinking as
- 23:06well as some seeing what else was going on in the industry and
- 23:09stuff. So really it's, it's a
- 23:11combination of a common sense growth expectations and realize
- 23:16when you look back and see the larger picture, what am I
- 23:18missing, you know, and that portion of it.
- 23:22We mentioned Burris a couple of times being the parent company.
- 23:26At what point were you guys acquired by them?
- 23:28So Bursa, the Burris Logistics acquired us in April of 2019.
- 23:34And the nice thing about that, it was a friendly merger.
- 23:38Burris family and the Banning family.
- 23:41Banning, the owner of Trinity and Burris.
- 23:42Obviously Burst Logistics were family friends.
- 23:46And so Donnie Burris and Jeff Banning got together, shook
- 23:51hands, and we came away in April 2019 with the merger.
- 23:55And the merger was so good because effectively we were to
- 24:00become their brokerage division. They had a small brokerage
- 24:03division, learned a little bit about it, make an acquisition,
- 24:06learn a little bit more about it, determine they liked it.
- 24:08They understood the space a little bit more and acquired
- 24:11Trinity and Beauty. Thing for us is no one had the
- 24:14threat of losing a job. There wasn't any downsizing
- 24:17involved, nothing of that nature.
- 24:19And we've maintained that same staff for the for the most part
- 24:23and grown and it's been a win win.
- 24:27But the acquisition itself was a win win for everybody involved.
- 24:31And So what was Burris focused on prior to the acquisition?
- 24:34So Burris prior to the acquisition was involved in cold
- 24:39storage, public cold storage warehouses.
- 24:44They were involved in that. They were also involved in food
- 24:48redistribution still is through their Honor Foods and companies
- 24:53there. They're also the major supply
- 24:59chain provider to BJ's in a certain product mix.
- 25:02And during COVID, BJ's decided they wanted to own the supply
- 25:05chain and hence bought out burst from that.
- 25:08Burris also made the decision, business decision.
- 25:10Hey, we want to get to an asset light model and divested the
- 25:15cold storage facilities. And that leaves us to where we
- 25:19are with asset lights type of thing, food redistribution,
- 25:24transportation and is factoring And the interesting I'm
- 25:28factoring is that we do general factoring and sometimes we get
- 25:31people looking to do some things on food redistribution.
- 25:35And guess what, we got a place we can put that small
- 25:36manufacturers that are looking to get their commodity out into
- 25:40the marketplace. And so we're able to hook them
- 25:42up with the people over on our foods.
- 25:45Doug, tell us about how the F and CFO has come to mean
- 25:49multiple things for you, not just financial officer.
- 25:52Yeah. No, it's, it's interesting.
- 25:54In April 2019 with the acquisition, Burse already had
- 25:59ACFO. And so internally I said to
- 26:02myself, why? I don't want to be confused.
- 26:04So I decided to change from Chief financial officer.
- 26:09And this is my own calling, right, the chief fund officer.
- 26:13And I've said it enough that my accounts receivable team
- 26:16actually got me a shirt that says chief fund officer on that
- 26:21nature. And then so the name has
- 26:22continued to evolve with the factoring company.
- 26:25And I've had the opportunity to be largely involved with that
- 26:28and working with Ian and the team down there quite a bit that
- 26:32I become the Chief Factoring Officer.
- 26:34In fact, I had a birthday, birthday 2 days ago and I got a
- 26:37card from those guys down at Eagle Business Credit and they
- 26:40got me a cake. And the cake said to our own
- 26:43chief Factoring officer, happy birthday from the Eagle Business
- 26:46Credit team. So that was really cool.
- 26:49And then the other thing, this is a title that I didn't wish I
- 26:51had to have, but we've been working strong.
- 26:54The industry's been compromised though, since middle part of
- 26:58COVID, coming out of COVID with a lot of fraud going on.
- 27:02Basically people usurp and carrier identities and stuff.
- 27:05And you know, quite a bit of fraud.
- 27:07It's Brad's reported as saying, I think there was an article
- 27:11actually 60 Minutes had a report about alcohol loads being
- 27:14stolen. I mean, just the nature of it.
- 27:17And so unfortunately for the last year and a half, I boarded
- 27:19the title, the chief fraud officer and and we're putting
- 27:24some things in place that will help hopefully for from our
- 27:27standpoint of remedies situation.
- 27:29Because again, it's a drag on the economy.
- 27:31It's a drag to our customers. It's a drag to the good carriers
- 27:34out there because even the carriers are being perpetrated
- 27:37fraud by bad guys who RIP off a rate confirmation and say, hey,
- 27:42this is so and so from Trinity, here's a rate confirmation.
- 27:45The guy holds the load, the guy gets paid, and then he's either
- 27:49factor and the factor company, a Trinity haven't paid this yet.
- 27:52I'm sorry. It's not our load.
- 27:55And we've put some things in place that go to our website as
- 27:57your carrier, put in the load number and we'll tell you right
- 28:00away or not whether it's a valid load for and stuff.
- 28:03And so trying to help the carriers here as well because
- 28:06again, they're a vital part to our success.
- 28:08We couldn't do what we do without the motor carriers and
- 28:11people don't want to lose light of that.
- 28:12They are very critical and very important to the supply tube.
- 28:16Can't wait. Walk me through how that.
- 28:17OK, so I understand, like sometimes people just steal a
- 28:20truckload, but I don't know, it's sort of like old fashioned,
- 28:23like, you know, Old West, kind of a theft.
- 28:26But what you're describing here is somebody calls up with like
- 28:29some kind of identifying number and pretends to be you.
- 28:32Well, there's two things going on.
- 28:34So from our standpoint for the motor carrier, what happens is,
- 28:36is that the carrier posts his equipment on DAT.
- 28:39That bad guy will go get some load off, let's say chapter
- 28:45Robinson's website or load or something that they need hold or
- 28:49something that nature get another load and then he'll
- 28:51portray and to be Trinity logistics.
- 28:56Somehow he's gotten a a a a copy of our rate confirmation.
- 29:00He'll change the e-mail address, change the phone number, change
- 29:04the load ID, then put the load details in there and it's just a
- 29:07whiteout type of thing and retype or whatever.
- 29:09And of course, now with so much sophistication, probably you can
- 29:12do it on chat, GP upload and say, hey, change this
- 29:14information, let's put one back out.
- 29:16I don't know. But then that goes out to the
- 29:18motor carrier, a legitimate motor carrier who bids on it,
- 29:22delivers it, submits his paperwork.
- 29:24The bad guy submits paperwork to where we got the load from.
- 29:27They pay him. He in turn doesn't pay the
- 29:29carrier. Carrier knows more and no more
- 29:31and says, hey, it's a Trinity logistic loads, gives us a call
- 29:34saying, hey, when you're paying me and we get the information,
- 29:36we say, sorry, that's that's, that's not a load.
- 29:39And unfortunately most of those carriers are factored.
- 29:42So the factor may have paid the carrier.
- 29:44He in turn is going to get his money back on a future loads
- 29:47that carrier runs. And so it's a vicious circle.
- 29:50So we said, hey, let's put something out on our website.
- 29:53We've informed the carrier community, hey, go here, put in
- 29:56a load number and we'll tell you whether or not it's a valid
- 29:58Trinity load. Now the same thing happens with
- 30:00regard to us. Someone will call and say
- 30:02they're a motor carrier. We will give him a load, come
- 30:06find out he's not associated with that motor carrier, puts
- 30:09another truck on it and then tells that truck, oh, take it to
- 30:13this warehouse which may only be 5 or 10 miles away.
- 30:16And then that product disappears.
- 30:18So it it it's how do you combat against that one?
- 30:21Well, that we're that we are. Combating with through
- 30:23technology. And I'm not going to share what
- 30:25exactly we're doing because again, I'm trying to stay ahead
- 30:28of them. But we believe that what we're
- 30:30putting together would take a huge, yeah, as, as, as the crime
- 30:35dog said, we're going to take a bite out of this crime, take a
- 30:38bite out of this fraud by doing what we're doing.
- 30:40And we think we'll eliminate quite a bit of the fraudulent
- 30:42activity with what we're putting in place.
- 30:45So it's not just. Things that start with F that
- 30:48you've had your fingers dirty with, you know, marketing IT,
- 30:52you're working closely with those departments.
- 30:55Can you think of a specific story of how you collaborated
- 30:59with another function within the company that has helped to shape
- 31:03the overall business strategy? Well, you know, it's
- 31:04interesting. Back I had the opportunity and
- 31:08they can't remember 2012 or something like that.
- 31:10So to run the IT department, and this was prior to our developer
- 31:15stuff. It's just when we're doing
- 31:17infrastructure and realizing that, you know, we had an office
- 31:21in Kansas City and we got offices in Seaford, DE.
- 31:27And so you're worried about natural disasters, whether it's
- 31:30a tornado or hurricane that could impact the business.
- 31:35And our business is strictly relying on phones and emails and
- 31:39a computer. You can do the job from anywhere
- 31:42if you got those type of technology.
- 31:43So back before work at home became a thing, the COVID type
- 31:48of situation, I put together a plan with the infrastructure
- 31:52team and got the ELT and said, look, first thing we're going to
- 31:54do is we're going to switch everybody to a laptop.
- 31:57Oh, why are we going to switch to a laptop?
- 31:58You know it costs like $150.00 or more because a laptop you can
- 32:01go anywhere with it. Second thing I did when I came
- 32:05over from infrastructure, we immediately took our phone
- 32:07system that was an on premise based system and put that into a
- 32:10cloud such that now in a redundant cloud, so if the one
- 32:15of their data centers went down it would flip over to another
- 32:18data center would be able to go on there.
- 32:21We also brought in some additional hardware with regard
- 32:25to our switch gear and such that allowed us.
- 32:27We also brought in two circuits into the offices.
- 32:31So what does that mean 2? Circuits.
- 32:32So we'd bring in, let's say, an AT.
- 32:34And T circuit and a combo. OK.
- 32:35So you've got like a backup. Internet connection and so we
- 32:39set. This all up and I said, OK,
- 32:41let's say one of the circuits goes down.
- 32:43What happened? So this is what the switch gears
- 32:45did. So I went back there at one one
- 32:47night after work about 5510, we had steeple still people on the
- 32:51floor and I told the guy, hey, pull the circuit out-of-the-box.
- 32:54Just take the AT&T circuit and just pull it right
- 32:56out-of-the-box. Did that blip, everything
- 32:59flipped over. They hardly knew.
- 33:02Phone call didn't drop, the Internet didn't drop, just a
- 33:05blip and everything was fine. So then we focused on, OK, now
- 33:09that we have that, we can do our work from anywhere.
- 33:12And so in essence, the first time this occurred, there's a
- 33:14snowstorm out in Kansas City. Got a call from Frank Lees, who
- 33:18was the head of the office. And it was a snowy December day
- 33:22out in Kansas City. And he said, Doug, you know
- 33:24what? I only got half the office in
- 33:26here. It's very quiet, but we're
- 33:29having a great day because half the office was working from
- 33:32home. And we've done that.
- 33:33And so when the COVID came around from that instance and
- 33:37we've had a couple CTOS and everyone's approved upon that.
- 33:40But when we came to COVID, in essence, when COVID struck and
- 33:44people said, hey, you got to work from home, you can't come
- 33:46into the office and such we were.
- 33:49Ready to go the. Very next day when that came
- 33:51about, we were all set ready to do it.
- 33:53The only thing we were waiting on was a couple hot spots to
- 33:56come in so that people who didn't have Internet service at
- 34:00their house had the ability to work.
- 34:02So that was prepared for a long time ago, but not because of
- 34:07COVID per SE or something was going to come.
- 34:08But the simple fact you got to worry about natural disasters
- 34:11and you and because there's 8000 of us are more than that, but
- 34:148000 active brokers. If our phone lines down and the.
- 34:19Customer can't get through US, He's going to call our
- 34:21competitors and he's just getting all he wants to do is
- 34:24make sure his freight gets moved.
- 34:26That's what he wants, but he also go ahead.
- 34:30Yeah, I I think this is. This is really interesting for
- 34:33me because a lot of people might look at the expense of bringing
- 34:36in that redundancy and be like, Oh my gosh, how many hundreds or
- 34:40thousands of dollars is that, you know, adding to our expenses
- 34:43each month you zoom. Out you kind of look.
- 34:46At the big picture, you're like, how many hundreds of thousands?
- 34:49How many millions of dollars of business do we lose in the rare
- 34:54event? But it happens.
- 34:55And I and I'll tell you that the Internet at my house was just
- 34:58out for 72 hours because a tree fell on the the cable.
- 35:03And so, you know, being down for three days, catastrophe, being
- 35:09down for an hour, still terrible, right, Because
- 35:12somebody's trying to call in to get a they don't care what your
- 35:15technology problems are. They're moving on to the next
- 35:17guy, correct. You arranged, We arranged. 2500
- 35:19loads a day so you can. Imagine what that'd.
- 35:22Be you're down for a couple three hours and the guy's
- 35:24waiting there with product, he's got to get moved, so he's going
- 35:26to reach out to someone else. I mean, what separates us?
- 35:29What separates us more so than just the technology?
- 35:32Our people. They come back to us because.
- 35:35We get involved. We don't need to hang in.
- 35:38We're certainly a people, you know, people centric freight
- 35:42solution company and that's what we offer.
- 35:45We are a differentiator. Is our people and interaction
- 35:49our? Relationships with not only the
- 35:51customers, but we care just much.
- 35:53I said earlier for the carriers, some companies may not care for
- 35:56the carriers as much. We, we truly want to help them
- 36:00out as well because they're bread and butter as well.
- 36:02They're providing the service, the actual transportation
- 36:04service. But you're right when you go
- 36:06back to the to the cost, it's, it's not the, it's the cost of
- 36:09not doing business that impacts. The bottom.
- 36:13Line you just want to be in prevention for Europe
- 36:15preventable realizing how quickly this industry can move
- 36:20you know you've talked about your.
- 36:21People and the importance of the culture there.
- 36:23I I think that part of your mission statement is actually
- 36:26improve lives. Might even be the first 2 words,
- 36:29am I right? That is correct, it's improving.
- 36:31Lives and supply chains by solving tough problems.
- 36:33And you know, and we kept that improving lives in place because
- 36:37it is simply what we do. We want to improve the lives of
- 36:40not only our customers, not only our carriers, but our agents and
- 36:44our team members. It's highly critical to us,
- 36:47highly critical of me personally, you know, and I want
- 36:50to see lives improved, not just what they do at Trinity, but I
- 36:53want to see them previous lives personally as well and to be
- 36:55part of all that's really helpful When you think about it,
- 36:59If you move a load, let's say for a customer has 1000
- 37:02employees with a carrier that has a family of five.
- 37:07And you take those thousand employees and say an average
- 37:10size is a family of three, 3000 people plus the five at the
- 37:13carrier plus Trinity, it's 400 plus our agents and their
- 37:17families. In one transaction, we do 2500 a
- 37:20day. We've affected the lives of 4 to
- 37:255000 people. Take that with the larger
- 37:27companies you're talking to, you're taking that 2500 loads a
- 37:29day multiplied by the different shippers and carriers we
- 37:32utilize. We're talking 10s, if not
- 37:35hundreds of thousands of lives are impacted on a daily basis by
- 37:38what we do, which doesn't include who we deliver to and
- 37:42their families and the income. Hey, you just think about that
- 37:47all supply chains out is about impacting lives on that portion
- 37:51of and get the product moved so that people can eat, so people
- 37:55can have comfort in the disastrous situations being
- 37:59removed bottled water. You know, it's it's just a
- 38:03tremendous opportunity in the logistic industry.
- 38:05And that's why improving life is so much important for us and
- 38:08it's one for us for our team members.
- 38:09We offer we offer one of our team members one of the perks
- 38:12you've been there a year. You can actually take our online
- 38:16education for the University of Arizona and we're reimbursing.
- 38:19You get a degree. We've had a couple people do
- 38:22that back in one of my accounts, receiver person and Brittany
- 38:25Murphy got her degree in accounting and I'm so proud of
- 38:29that. So proud she took the effort to
- 38:31get that done and we're happy to to provide the funds for her to
- 38:34better her life. And now you know, she loves
- 38:38Trinity. She loved Trinity even before
- 38:40all that. But the point of the matter is,
- 38:41is that we've got a culture. We got a long standing team
- 38:44member relationships number people that we have employed by
- 38:47us is is is is length of service is great.
- 38:51Our executive team, you know, Sarah rough Corn being the
- 38:54president, her only job has been with Trinity Logistics going on
- 38:562223 years. Our senior staff of six of us
- 39:02have been there. I'm, I'm the newbie of that one
- 39:04in 19 years, our Vice President sales 10 years, our human
- 39:09resource four years. And I will say our brand new CTO
- 39:12maybe 7 days, but he's already made a tremendous, tremendous
- 39:16impact in just those seven days for us, you know?
- 39:21I hear you talk. About investing a lot in your
- 39:23employees, you know, at the one year mark, they've got this park
- 39:26where they can go online, get, you know, free courses.
- 39:29They can work towards a degree. Some people look at that and
- 39:33man, it's an extra expense. And man, if I'm like allowing
- 39:38that person to sort of level up to gain more education, what's
- 39:42the likelihood that they're going to then leave me?
- 39:44How do you approach that from a mental standpoint?
- 39:48Like how do you think about the fact that you're investing so
- 39:51much in these folks? And I mean, at some point maybe
- 39:54they want to leave and they want to do something bigger.
- 39:56But you know, it's interesting to say.
- 39:57That I just recently had my controller had been there 12-13
- 40:00years, good friend of mine and it's a good friend for a couple
- 40:04reasons on there. But but you know what, he, he,
- 40:08when he left, he left me a card on my desk and I opened the card
- 40:11and he said two important things to me.
- 40:13He said, Doug, he's now the director of a school district,
- 40:17director of finance. He's like their CFO of a school
- 40:19district in Delaware. Closer to home, he wanted to, he
- 40:23wanted, he wanted the opportunity to help children and
- 40:25he saw this was an opportunity to do that.
- 40:28And he said, you know, Doug, I, I feel more confident in my
- 40:32start there because of what we've done at Trinity.
- 40:35And he did a tremendous job for me.
- 40:36Absolutely. And they grew and they grown and
- 40:39and that's what I like to see that, right.
- 40:40But you know what the second thing he said to me, and this is
- 40:42where you know, talk about the faith, right, is a simple fact
- 40:47is that God used me to get to him to become a believer.
- 40:51And since then, his daughter's become a believer and they
- 40:54attend church and he's part of the band and he led for the last
- 40:57several years. Our our he does a weekly
- 41:00devotion, a weekly Bible study here at Trinity.
- 41:02And you know, to have that impact on him personally, you
- 41:08know, that's the legacy I want to leave.
- 41:10It's not about the numbers, it's not about this.
- 41:12It's about the legacy left people.
- 41:14That's what matters the most. That's what we're that's what we
- 41:17have. So again, if we invest in an
- 41:18individual and they decide to leave and they do something
- 41:20better that improves their lives and improves their family, how
- 41:23can you not rejoice for them in that nature?
- 41:26I again and guess what, that door opens for someone else to
- 41:32come in and have the same exact impact and results.
- 41:37Improving lives. It all comes back to that.
- 41:40It does. Every day, every day.
- 41:43So what is the future? Of Trinity look like what, what
- 41:46are some of the exciting things that you're working on or or
- 41:49that are coming and I don't know, call it the next 12 to 24
- 41:51months? Yeah, what we're working on is a
- 41:53lot. Of associated with the buzzword,
- 41:55right? It buzzword.
- 41:55I think if you don't mention AI in all the podcasts that you do
- 42:00nowadays when you're talking about business or anything else,
- 42:03I think there's, I think the focus is really on technology,
- 42:06how we drive efficiencies into the business, have AI doing some
- 42:10of the routine tasks. Now people say, well that will
- 42:14mean some jobs will be cut. I think jobs change and
- 42:17transition more so. And.
- 42:19Some will adapt and some won't, but that's just the nature of
- 42:22what technology's done way back when on there.
- 42:26You think about, you know, the the car, you think about the
- 42:30Wright brothers, you think that, you know, with the car is simply
- 42:33a blacksmith's. All of a sudden we're not
- 42:34shoeing horses as much as what they were before, right?
- 42:37But they found other. So again, it's the adaptation as
- 42:39technology comes wrong. But the one thing that we want
- 42:42to continue that the forefront is people centric.
- 42:45People centric relationships matter.
- 42:48For instance, Convoy, which was a big freight broker, thought
- 42:51they're going to revolutionize everything and else had a
- 42:54valuation of $2 billion bankrupt.
- 42:58What happened? What?
- 42:59Happened was simply what they. Realized is broker required
- 43:02relationships required people and the technology that's not
- 43:05going to solve all the problems. And that's true today.
- 43:07Technology will add value, no doubt about it, no doubt about
- 43:12it. It'll make us more efficient.
- 43:13It allows to focus on exceptions instead of routine tasks.
- 43:17But think about this as an employee.
- 43:19If you're a worker and you can say to your, you know, you're
- 43:21not excited by the job, you're just doing something clerical,
- 43:23right? But all of a sudden you come
- 43:25back and say, you know what? I'm managing these exceptions.
- 43:27I'm making sure the customer is taking care of, make sure the
- 43:30care gets paid on time. You know, you're a little bit
- 43:32more excited about what you do on a daily basis.
- 43:34So again, improving their lives by allowing for that to focus
- 43:38not on something that's routine and and dull and and boring, but
- 43:42something that's excitable and know that you're.
- 43:45Providing an awful lot of value and.
- 43:47And don't don't misquote me here.
- 43:49The simple fact of the matter, every team member of Trinity is
- 43:53valued and appreciated, no doubt about it, they are from the
- 43:57bottom of my heart to my team members and the simple fact of
- 44:00the matter is, things are changing, things are going to
- 44:03continue to change, but we're not going to ever overlook the
- 44:05people and the fact that relationship drives business
- 44:09connections and. Relationships.
- 44:13You know a lot of. Folks that I've talked to, and I
- 44:15think this is what you're ultimately getting at, Doug, is
- 44:18they look at AI as a way to free up their folks to spend more
- 44:23time on the human part of the business interaction, right?
- 44:28You know, so many forms need to be filled out.
- 44:30So, so much admin stuff that needs to be done.
- 44:33If, if you can give more of that to a bot, you know, to a bit, a
- 44:38bit of technology and that allows somebody, you know, to
- 44:41use your word to deal with more of the exceptions. 00 something
- 44:45happened, you know that we've got a crisis, like something
- 44:49didn't go according to plan. Now I can put my full attention
- 44:52on them. I can talk to the customer, I
- 44:54can make whatever calls I need to make to, to troubleshoot this
- 44:57situation. Absolutely.
- 44:59And you're building that? Relationship.
- 45:00You're solving that problem for the customer.
- 45:02Well, AI will never be able to do and it's I'd say never.
- 45:04Maybe I'm wrong in that there is no emotion in that.
- 45:10You can say, hey, yeah, do it this way or do it that way.
- 45:12I mean, I, I just heard we have worked with some technology says
- 45:15that be suspicious, right? And so it can take AI and all of
- 45:19a sudden they're worrying changes be suspicious.
- 45:21But what's never you can program is a human element and the gut
- 45:25feeling what I decide for one customer may have a similar
- 45:29situation when it comes to a credit matter or a collection
- 45:31matter. What I decide for one customer
- 45:33may be totally different when I decide for another customer that
- 45:36is a going understand the same similar situations in that
- 45:42basis. But because of my conversation
- 45:44with key people of that company, I can make a decision based on
- 45:47those conversations. That's what is that's what's
- 45:51always, in my opinion, going to lack from this AI ability.
- 45:55Yeah, black and white, really good grade to a degree.
- 45:58But what it misses is that symptom, human element, gut
- 46:02feeling type of deal. Now with me saying that
- 46:04someone's going to put ChatGPT, hey, I'm have gut feeling and
- 46:08we'll see what the results come out.
- 46:09That'll be fun to follow. It's going to, it's going to
- 46:14unfold in ways we can't even predict at the moment.
- 46:16That's yeah. Let's let's shift gears a bit
- 46:19here, Doug. You know, we've talked about a
- 46:22lot of tremendous success that you've been a part of there.
- 46:26And sometimes people hear those surface level stories and
- 46:29they're like, wow, everything's just up and to the right for
- 46:31Doug and up and to the right for Trinity.
- 46:33But you know, the reality of business, the reality of our
- 46:36personal lives is that there's a lot of ups and downs.
- 46:39I'd like to hear about a serious challenge that you had to
- 46:43overcome at some point in your life, how you got through that
- 46:46and what what you learned, you know you.
- 46:49Know we look back there's a situation I went through when.
- 46:54Actually, the Clam Company is being sold to Sea Watch in the
- 47:00sense that I'd always been in control of my own destiny,
- 47:04control of what I was doing. You know, I was controlled when
- 47:07I left the government to work for the clan company.
- 47:09And all of a sudden now I was no longer in control of what my
- 47:14future look like. And so put a lot of uncertainty,
- 47:18and I've never been, and this is at the age of 29, I've never
- 47:20been through that uncertainty, right?
- 47:22I never had that challenge before me where I couldn't see
- 47:25what the end result was going to be.
- 47:28And so unfortunately my mind is wired and I, yeah, when I, when
- 47:34I, when I ever make it to heaven, I'll ask God, why do
- 47:36wire my mind like this? Because life could have been a
- 47:37whole lot easier. But I said for wired or made
- 47:39differently for purpose. But but my point was, is that
- 47:43all of a sudden I began to have doubts about the future, about
- 47:50what I was going to be doing because I was getting no answer
- 47:52from the existing company of acquiring us or from the owners
- 47:56that were doing it at the time. We also had a serious insurance
- 48:01issue on the owner's yacht come up.
- 48:03And again, I did what I was supposed to do, but I was laid
- 48:07with the fact that it was an insurance matter that that I hit
- 48:11but yet missed because they didn't send out the right form.
- 48:14But again, it was a multi $100,000.
- 48:17And I take, I take extreme ownership in everything I do,
- 48:20whether it's for a company or me individually, I take strong
- 48:23ownership and it, and it rests on me.
- 48:24And then maybe I do that way too much.
- 48:26I probably do, but extreme ownership.
- 48:29So my point was this was happening in the September and
- 48:32we sold the company finally in the end of December.
- 48:35And then what I finally got from the owners was, hey, you can
- 48:38work for us as an individual for a year and then you go find
- 48:42another job. And when I started looking at
- 48:44that, I realized I wasn't going to qualify for health insurance
- 48:46because I looked into it. So that was one thing that was
- 48:48going to change because no longer would health insurance be
- 48:50provided by the company and the company that was buying us
- 48:53couldn't tell me what I'd be doing.
- 48:55And so I had no certainty with that.
- 48:58In this period of time with the uncertainty, the insurance issue
- 49:00and stuff, I just think to myself, my mind, the mind plays
- 49:04a terrible trick on me. It says the worst possible
- 49:06outcome is going to happen. It's going to happen tomorrow.
- 49:08And so I believe that it's going to be unemployed, moving back to
- 49:11my parents house, taking my family with me and all that.
- 49:15So my mind just told this thing, I would literally go to bed at
- 49:188:00 at night because I was extremely tired, mentally tired,
- 49:23wake up at 1:00 AM and couldn't shut the mind off.
- 49:28I would wake up in the morning and not.
- 49:29Want to get out of bed at all? I finally.
- 49:33Understood and. This is the deep that I got to I
- 49:36finally understood why people could commit suicide.
- 49:39Not that I had desire was anywhere close to committing it,
- 49:43but the simple fact or matter, you just want out.
- 49:48And so and that's why the suicide break.
- 49:51It's because again, people just want out and they can't see the
- 49:54way out of it. Right.
- 49:55And so for me, I I turned back to my faith.
- 49:58I started reading scripture, started reading about, you know,
- 50:01the three guys and thrown into the fiery furnace.
- 50:04I read about Daniel. Then I read about King David and
- 50:06the sinful fact that here he was anointed king and yet.
- 50:10He's being chased by. His father-in-law, Saul to kill
- 50:13him and he has to be saying to himself, he's eating bread.
- 50:17I mean, he's living in caves. He's got to be saying, wait a
- 50:19second, God, you said I'm the king and yet I'm going through
- 50:23all of this, right? And so it's that faith got
- 50:29really challenged, hung on the faith, and sure enough, what do
- 50:31you know? Another job became available.
- 50:35The one the job I was looking for, but it's a job that I could
- 50:38take that allowed me to live in my house.
- 50:40I commuted up to New Jersey Monday morning would come back
- 50:44on this happened in March, but I lost 50 lbs in that entire
- 50:47episode in that period of time and so and and you know the the
- 50:52faith of that that my family who put up with a lot of stuff
- 50:56during that time frame was with me my wife who never worries
- 51:00she's completely. Different than I am.
- 51:02But if I but another job came about right and it was God who
- 51:06brought that about again through a mutual relationship of an
- 51:09accounting person, accounting company.
- 51:12And then you know how I got the Trinity was simply I reached out
- 51:16to Jeff Manning, who I knew very well.
- 51:18I met with a couple times already a year ago and stuff.
- 51:21I reached out to him one day in June.
- 51:23I said you interest in the talking now and something
- 51:25happened. It was a God moment and he said
- 51:27yes. And since that time I never
- 51:30looked back. The anxiety is lesson, but it's
- 51:34still there just because I'm our wired but but but in the end, in
- 51:38the end, Anthony, when I look back and because of my faith and
- 51:42I look at my life of dots, which they all they are are dots
- 51:47moment in times I realize I've gone through all of this to be
- 51:51where I'm at now a much better person and a person who
- 51:57understands that it's not my will be done, but it's above to
- 52:01be done. And it's because of that that I
- 52:03realized that you know what I don't control anything that I
- 52:08think I do control. We play a part in it.
- 52:12Don't get me wrong, we play a part in all this, but in the
- 52:16end, in my faith, God's will will be done.
- 52:21So as you look back. At that really difficult period,
- 52:25what do you think is the big take away for you?
- 52:28Is it the fact that you're never in control?
- 52:30Like, how was your life better today because of that hardship?
- 52:36You know, I think. Because it it pointed out two
- 52:39things, right? Is that one is you're not in
- 52:42control situations, right? You know people lose their jobs,
- 52:46right? Most of the time people lose
- 52:48their job for the failure to perform correctly.
- 52:51But then you have another, another aspect of that where
- 52:53companies make poor decisions and they either go bankrupt,
- 52:57they've got to lay off people not affected by the performance
- 53:00of that person. So the simple fact of the matter
- 53:02is sometimes you're not in control, right?
- 53:05You're not in control. And then you thinking to
- 53:07yourself, OK, what do I need to do to make sure I stay in
- 53:10control? Well, sometimes you got to be
- 53:11patient, sometimes you got to hold back and wait, but you got
- 53:15to realize the simple fact of the matter is you've got to
- 53:18work. You've got to work right.
- 53:20You've got to be part of the solution on that nature.
- 53:24But it but to me, it comes down to faith, how people do it
- 53:26without faith and once you lose your hope, I don't know how
- 53:31people get by. But for me, it's just relying on
- 53:34the hope and realizing, guess what, there's always something
- 53:37better out there. Though going through the valley
- 53:41is awfully hard for everybody, you know?
- 53:45Just last. Night one of my sons was having
- 53:47a bad day and he's nine years old and he, he came to me and
- 53:51he's like, dad, why does why does bad luck happen to me?
- 53:55You know, those were his words for it.
- 53:57And I said, buddy, you know, you're because he's like, what
- 54:01did I ever do to anybody? Almost like this was a
- 54:03punishment, like, you know, why? Why did he deserve to have a bad
- 54:06day? And I said, buddy, I said, I
- 54:09know this is hard to understand. I'm like, but you know, you're
- 54:11not being targeted. This isn't a punishment from
- 54:15anyone from God. I'm like, as you get older, I
- 54:19hope that you can realize that these challenging times, they
- 54:23don't happen to you. They're happening for you to
- 54:28help you become a better person. Now.
- 54:32He seemed like he understood it in the moment.
- 54:36I think he was just comforting that I was giving him a hug
- 54:39because I think that's a hard thing even for adults to kind of
- 54:43wrap their heads around that. And I'm going through this point
- 54:46of suffering. And this is just feels like
- 54:49suffering for suffering's sake. And like you said, like some
- 54:52people just, I just want out. I just want a way out.
- 54:54I don't see a way out. And so I think it's helpful to
- 54:59remind yourself that if you can view it through the lens of this
- 55:04is happening for me, right? Not, not the world trying to
- 55:09punish me, not doing it to me, but happening for me to help
- 55:12make me stronger, to help push me in a different direction, to
- 55:15help open a new door for me. I think that can that can offer
- 55:20a little bit of that hope that you're talking about.
- 55:22It does, it does. And that's.
- 55:24Why, You know, realizing what I went through and I've had some
- 55:26other places of anxiety even after that.
- 55:29Not to that degree, but realizing, you know what?
- 55:32I'm blessed. I'm.
- 55:34Blessed when you figure. There's 8 billion people around
- 55:38this world, and you look at your situation, 90. 5% of the people.
- 55:43In American say I am far better off than 5 to 6 billion people
- 55:48around the world from a monetary standpoint or something that
- 55:52nature. But I'll tell you this, some of
- 55:54those 6 billion people have much more joy than what we do because
- 55:59of the faith they put on God above and that I've.
- 56:03Experienced by. Going down to Columbia, South
- 56:05America and going out to the indigenous tribes in the jungles
- 56:09and it's just the joy they have. And they're living in a Hut, no
- 56:13electricity of running water, no flushing toilet and stuff.
- 56:16And they don't know life any differently, but they have a
- 56:18sense of joy that's irreplaceable.
- 56:22We'd send somebody down there and say, how can you live like
- 56:24this? It's not.
- 56:26That it's what we know. And we're joyful for what we
- 56:29have. That, I think, is the biggest
- 56:31take away sometimes. We got to live to be content,
- 56:34continue to work, to strive to get better.
- 56:36You got to tell people, you know what?
- 56:40You got to be one that wants. To help people even with what
- 56:44you may have, because what you may have, it's can just be a
- 56:48smile, a kind word, a hand, 15 minutes of your time.
- 56:53It's not that you need to do something extraordinary.
- 56:56You just got to show people you care and think how much better
- 57:00this world would be. I love that.
- 57:05What's your superpower, Don? You know it's funny.
- 57:10It's funny, we just hired a new VP of admin services and she
- 57:13asked that question on interviews and I sat in on
- 57:16what's your superpower, right? And I, you know, it's one of
- 57:19those tricky questions, right? And what's your superpower?
- 57:22You know, if I was going to say what my superpower is, I'm a
- 57:27person who gets things done but cares.
- 57:32I think putting those two together.
- 57:34Sometimes is not the easiest thing to do.
- 57:36Sometimes getting things done for some people means just step
- 57:40on people. You get to where you want to get
- 57:41and that's all you're thinking about.
- 57:43Whereas simply, I can get things done, but I care.
- 57:48I care. And unfortunately, sometimes
- 57:50because of my directness and everything else, sometimes
- 57:53people got to get to know me, to understand.
- 57:57People may think I don't have empathy.
- 57:58I've got a lot of empathy. Sometimes I.
- 58:01Don't show it in the right. Way.
- 58:02But when it matters, I'm all about it.
- 58:06It's really tough to balance. Those two things, right?
- 58:08I mean, when you're getting stuff done right, when you're so
- 58:12operationally focused, there's a, you know, you're thinking
- 58:16step one, Step 2, step 30, fire to put out.
- 58:19OK, now step four, Step 5. And it can be really hard to
- 58:23shift gears into more of like a heart centered approach where,
- 58:26you know, you're spending time with somebody, you're you know,
- 58:29you're giving them a hug, you're holding their hand, you know,
- 58:31you're giving them sort of that personal time.
- 58:34And so the fact that you have both of those things inside of
- 58:38you is a powerful combination. But yeah, it's almost like
- 58:43sometimes it feels like only one of those sides of your
- 58:45personality can show up at a time.
- 58:47Do do you feel the same way? I do feel the same way.
- 58:49I. Mean there's times I get off a
- 58:51phone call or with the meeting of someone.
- 58:53And what I have learned at Trinity is that, you know, Doug,
- 58:56you need to be humble. I used to have a high
- 58:57expectation of people because my own expectation myself was so
- 59:00high. And I've set this high
- 59:01expectation and talking with Jeff Banning, I realized
- 59:04sometimes my expectation is so high, no one's going to meet it.
- 59:07And therefore I'm not valuing and appreciating them for who
- 59:09they are. And I, I recount John Maxwell's
- 59:12book, the law of the lid. I do believe there's a law of a
- 59:14lid. We are 567, whatever that is
- 59:16that God has purposely wired us to be right.
- 59:19And I can improve it a little bit, but I can't improve it a
- 59:22great deal. There's only there's some type
- 59:23of cap. That's what I truly believe.
- 59:24There's some people who have exceeded that.
- 59:26But but but in the same token though, every single person
- 59:29matters and so. I get off with a.
- 59:32Phone call our men on the team, meaning I say something and I
- 59:36reflect on, I say, you know, Doug, that's probably not the
- 59:38right way to do it, the right way to say it.
- 59:41And I remember talking to a young lady and I called her up
- 59:44and I said, I'm so sorry. I should not have talked about
- 59:46that at that particular time. I should have talked to you
- 59:48individually. And I'm I'm sorry for it.
- 59:51And she's like, well, you don't need to She don't.
- 59:53You don't need to apologize for it.
- 59:55And I said, yeah, I do because it was not right in my
- 59:58perspective at looking at it. And I don't know how you took
- 1:00:00it, but I'm just telling you it's not right.
- 1:00:02I've learned that matters more than anything else.
- 1:00:05It doesn't it shouldn't matter to me.
- 1:00:08What do I care, however, if I have harm someone, hurt someone
- 1:00:11and their perspective is a reality.
- 1:00:14And as I reflect, I want to make amends for it.
- 1:00:17And then I also now begin praying before I interact with
- 1:00:20people and stuff. Yeah, just give me the right
- 1:00:21words. Don't let me do something that's
- 1:00:23that's not in your will of perspective.
- 1:00:25And it helps. I actually, as I said that the
- 1:00:28other day, and you know, it's my faith continues to evolve and
- 1:00:30develop. You wouldn't think that after 18
- 1:00:32years of the pastor, but I don't get it right.
- 1:00:35I'm just as everyone else. I'm a I'm a failure in his eyes.
- 1:00:38And by the grace of Jesus that I'm able to come to work every
- 1:00:41day and everything else. And my point is, is that, and
- 1:00:45now I think through that and some of the conversation where
- 1:00:47I'm headed, I just stop. Change the subject or change my
- 1:00:51tone. One before it gets to that point
- 1:00:53in time. And so it's continued growth and
- 1:00:56development. I mean, in 18 years at Trinity,
- 1:00:59almost 35 years in the work and I still don't get it right every
- 1:01:02day or every hour. And I happen to say I'm not
- 1:01:05perfect, I'm not right. No, I, you know, I'm just as
- 1:01:08wrong as everyone else's at times, you know, but but it's
- 1:01:12being able to admit that we're. All a work in progress.
- 1:01:16And I think the important thing is to have that awareness that
- 1:01:18we're all a work in progress and to have that awareness of when
- 1:01:22maybe you could have done better and take a step back and, you
- 1:01:25know, do what you can to amend it.
- 1:01:27Correct? Correct.
- 1:01:28Absolutely, absolutely. Just just one more question.
- 1:01:31For you today, Doug. But before I ask, I want to do a
- 1:01:33few things. Everyone listening, if you want
- 1:01:35to get in touch with Doug Potvin directly, you can reach him.
- 1:01:39Give me permission to give out his personal e-mail address,
- 1:01:42doug.potvinpotvin@trinitylogistics.com. You can also find him on
- 1:01:48LinkedIn. Send him a connection request
- 1:01:50there. Also, as a reminder, if you want
- 1:01:52to get more employees access to benefits that won't hurt them
- 1:01:55financially and carries a financial upside for the
- 1:01:58company, reach out to add back benefits.com.
- 1:02:01And finally, if you'll take just a moment to leave us a comment
- 1:02:04or review on your favorite podcast app, we will be forever
- 1:02:07grateful to you. So last question, Doug, you and
- 1:02:10I reconnect a year from today and you're celebrating something
- 1:02:14big, very exciting. What's that big thing you hope
- 1:02:17to be celebrating one year from now?
- 1:02:22One year from now, what I believe.
- 1:02:24To be celebrating is the continued growth of Trinity and.
- 1:02:30What that is? Whether?
- 1:02:31It's number or whether that's revenue or something like that,
- 1:02:34just continued growth of Trinity because I know by the continued
- 1:02:38growth of Trinity, we'll have the continued growth of team
- 1:02:40members and lives improved and changed and celebrating that.
- 1:02:43But I say the one big thing a year from now that I'd really
- 1:02:46love to celebrate is the nature of is that you know what we
- 1:02:52succeeded by what we've done and because of that, life's a
- 1:02:56better, whatever form that takes.
- 1:02:59That's what I hope to be celebrating.
- 1:03:00In fact, we can look at and we can see the growth of our team
- 1:03:03members a year from now. That is huge.
- 1:03:08Doug Potvin from. Trinity Logistics, I want to be
- 1:03:11the first to thank you for sharing both your time and your
- 1:03:14story with us today. I really appreciate it.
- 1:03:15Thank you, Anthony. Again, I appreciate.
- 1:03:17The opportunity folks, that's. A wrap on another.
- 1:03:20Episode of the Inspired Stories podcast.
- 1:03:22Thanks for learning with us today.