Kevin Brennan, CEO of XRG Inc. (OTCBB:XRGC) discussed his company's unique approach to consolidation in the truck-load carrier industry. Brennan said the industry is ripe for consolidation, as XRG Inc., has actively pursued a growth campaign with unique acquisition strategies, which Brennan covered as well. He estimated the size of the truck-carrier industry as $400 billion, and discussed his company's aggressive, projected five-year growth plan, and upcoming milestones. Brennan also detailed his company's approach to implementing technology, and tracking solutions in an industry that he considered to be "sometimes backward."
Kurt Kuehn, Senior Vice President of Investor Relations for the United Parcel Service (NYSE:UPS) discussed his company's sustained profitability in the struggling domestic economy, and the company's double-digit international growth rates. We asked Kuehn's reaction to FedEx's (NYSE:FDX) proposed opening of an Asian Hub in China, and how UPS views the competition from privately owned postal outlets, and the United States Postal Service. Other topics Kuehn covered were UPS's new initiatives, including technology, and tackling the supply chain management industry. Kuehn also gave his reaction to the recent Open Sky Policy between the US and Thailand, and what it means for UPS. He also discussed upcoming company milestones, including the company's 100th birthday in 2007, and the direction the company hopes to take in the future.
To hear the interviews in their entirety, visit www.wallst.net.
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