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.
2008 was another year of achievement, significant revenue growth and expansion of our agent network and transportation services. Gross revenues increased 63% and net revenues increased 49%. Our success has been driven by the addition of new agent offices, the organic growth of our organization and expansion of our transportation services. With our new $30 million credit facility and the strength of our agent model, we are well positioned for further growth.
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 sector. We have developed and are implementing changes that will enable us to better reward and retain top talent while providing a workplace 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