Personal Welcome and Thank You
Welcome to Sunteck Transport Group. We hope to provide you with a thorough look into our company and its people. Thank you for taking your time to review our many accomplishments, capacity and capabilities.
2009 was a most challenging year. While gross revenue was up two percent and net revenue 17 percent, the downturn in the economy impacted bottom-line operating results. Given an increase in shipping volume during the fourth quarter of 2009 and 2010 year to date, we are cautiously optimistic looking forward. We are poised to capitalize in an improved business environment and we will continue our agent network expansion efforts and seek out strategic growth opportunities.
Our success continues to be driven by the addition of new agent offices, the organic growth of our organization and expansion of our transportation services.
Great leadership and a strong, agile and unencumbered organization are essential to Sunteck’s future success. We have taken important steps to ensure that the company has a deep roster of management and marketing leaders and the organizational structure it needs to spur continued innovation and growth.
The cornerstone of Sunteck’s success has always been our ability to attract and retain the most talented and successful agents and management team in the transportation brokerage sector. We have developed and are implementing changes that will enable us to better reward and retain top talent while providing am environment that is positive, inclusive and collaborative.
Thanks go to our customers, carrier partners, independent agents, employees and shareholders for making these past years prosperous and rewarding for all of us. We are extremely proud of our recent performance and the many accomplishments it represents. We have excellent momentum, a strong focus, a strategic vision and are excited about the opportunities that lie ahead. As we look to the future, we believe that AutoInfo and Sunteck are well-positioned to build on our past success and generate profitable market share growth for many years to come.
Best regards,
Harry Wachtel
President and CEO