Despite good revenue growth in all areas of our company, the quarter did not come in where we had planned. Given the first quarter, we have taken aggressive steps to improve our financial performance going forward. The economy still looks healthy, our brands remain strong and our synergy programs are on track.
More Quotes from Bill Zollars:
We continue to build our brands and expand our international, national and regional capabilities. Our objective is to provide seamless, end-to-end global transportation solutions to our customers.Bill Zollars
Our view on the economy for 2006 has not changed, particularly based on apparent strength in the manufacturing sector. We are taking steps to adjust our cost base as necessary and address specific customer situations.
Bill Zollars
From a strategic standpoint, the acquisition gave us instant (scale) across the U.S. in the next-day market, which is the fastest growing segment of the industry.
Bill Zollars
The trucking business is all about satisfying customers. We don't have a product to sell, so what we're really selling is the customer experience. If you really do a good job for customers, they'll come back and use you.
Bill Zollars
We believe that our stock remains significantly undervalued in the market and we continue to have confidence in the long-term value of our organization. Our plans to pay down 100 million of debt in 2006 remain unchanged.
Bill Zollars
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