Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

Today's Thursday, February 28th, and we're talking XBO Logistics.

I'm your host Nick Saipoll, and today I'm joined in studio by M-Fam Funds Bill Barker.

How's it going on Bill? It's going well. Thanks for having me. I'm glad to have you as well and

you know this week we're answering a listener question from our listener

from our listener Peter F Smith.

So he listened to way too many Motley Fool podcast has investing since he was a teenager.

But he wants us to talk about XBO Logistics.

Says it's a pick and one or more of the Molly Full Funds and EDFs.

He just read their transcript from the last conference call and couldn't square what was

said by management with the recent movement in the stock.

Well, Bill Barker is from M-Fam Funds and has been following XBO Logistics for a little while.

Bill, before we dive into this company a little bit, you know, when I was talking to you last

week as we were getting ready to record this episode.

You had a very interesting story about how you came across this company,

and it's just kind of indicative of how you always got to have your nose out

for opportunities.

So can you talk to us a little bit about how you first encountered expio logistics?

Sure, I was at a, so I spend most of my time on the funds that we have and M-F-M-F-M-F-F-M-F-F-Sons.

So back in 2012, I went to a conference in New York hosted by Credit Suisse, I believe,

and their normal conference mechanics are there a bunch of

tracks where you go into one room or another to listen to management

...