$$PTAH: Leonard J. Lewensohn, President stated; "Historically our targeted subsidiary companies have operated in well-established geographic traffic lanes defined by our customers' distribution patterns. Under our roll-up and integration strategy, we are able to take advantage of overlap of freight within the most heavily traveled lanes, and the addition of a leasing operation making operating equipment available for expansion will be a key element in our expansion plans for the company. By any standard of measurement, the trucking industry continues to dominate the freight transportation market. Nearly every product consumed is transported by truck at some point in time. In other words trucking on average, collected 80.9 cents on every dollar spent of freight transportation. For-hire (truckload and less than truckload) and private carriage together accounted for these tonnage and revenue amounts." Lewensohn added.
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