The year 2016 was a huge milestone for CLC as we celebrated our twenty fifth year of service to our valued clients!
In addition it was another solid year financially as the industry in general enjoyed continued strong demand. In 2017 we expect the trailer leasing industry to slow down a bit as we feel supply and demand has reached a more steady state. Freight tonnage appears to be essentially flat however due to hours of service requirements, we believe the need for more trailers to address these demands is probable. CLC will continue to opportunistically add both new and used trailers to meet client needs and we will continue to explore new and creative ways to bring added value to our loyal and valued customers.
This year will be another transitional year for CLC as we are working on raising the bar significantly with our executive team. In May we officially completed our first full year as an employee owned company (ESOP), which is very exciting for all of our stakeholders and an accomplishment that I personally am very proud of. During the holiday season, we purchased and delivered 100 new bicycles to children in need and we plan on this becoming an annual event.
In conclusion, we at CLC continue to be so very grateful for all the support that you, our loyal customers and friends have shown us through the years. We recognize that being a customer is a choice and that it is our absolute obligation to earn your business every day. We thank you sincerely for making the choice to work with CLC and allowing us to be in your service.
We wish you all a very successful year!
With deep gratitude,