In 2019 CLC posted solid results increasing share value and continuing our growth trajectory. With the transportation market currently providing mixed signals, CLC is cautiously optimistic as we move into 2020.

Highlights for 2019 included opening two new branches in Kentucky and Texas, upgrading our ERP and CRM and improving upon our fulfillment process to ensure that we continue to meet our customer demands at a high level. In the fourth quarter we completed moving to our new expanded corporate headquarters which will support our anticipated growth for years to come.

Culturally, we have broadened internal company activities increasing employee engagement and continuing to execute on our strategy of giving back to our community. A new initiative of note is our involvement in the Wreaths Across America campaign in which CLC donated a brand new trailer which was completely decaled and then used to transport the donated wreaths to Arlington Cemetery for placement upon the graves of our fallen veterans. The successful bidder for this trailer, United Parcel Service, will be operating this trailer for the next twelve months in an effort to increase awareness of this great American cause.

Initiatives for 2020 include development of better ways to support our clients such as adding additional asset classes and enhancing technology and service offerings.

It is with humility and gratitude that we thank you, our customers for the privilege of serving your needs. We recognize that doing business with CLC is a choice and it is our singular responsibility to earn that right every day.

Looking forward to a prosperous and healthy 2020 for all.

With gratitude,

Mike Goor

President/CEO

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