#INTHEAIREVERYWHERE |
Vol. 16 No. 29 | Tuesday
March 28, 2017 |
EMO Trans 2017 Steady As She Goes |
Great Expectations Realized “We
have great confidence to move forward
in a very challenging environment,”
Mr. Rohrer said.
Self-Generated Destiny “Today we are in the strongest financial position in our 50- plus years in business,” Marco Rohrer declared.
New Locations “In
2016, we opened new offices in Malaysia
and Singapore. Our Malaysian operation
was profitable from the day the doors
opened for business.
2016 Adds Up “Last
year,” Marco Rohrer said, “Information
Technology was front and center in terms
of our investment for the future.
Regrets, We Have A Few
“We were taken by surprise (as
was most of the rest of the industry)
at the sudden, unexpected, and total
collapse of Hanjin.
Ahead Into 2017 “EMO Trans had a fast break into 2017 opening up three new offices, including Chengdu in January, Penang in March, and EMO Trans Beijing went operational just this week.”
Year Of Consolidation “We see 2017 as a year of consolidation. The political climate is as unpredictable as we’ve ever seen it. A possible trade war with some of our key trading partners would have a devastating effect on our business and the global economy. Our strategy is to strengthen every facet of our network. We will continue to invest heavily in Information Technology, Sales, and our people. We do not have imminent plans to open in other countries, but we are opportunists and will strike if the right one comes along.”
The Competition “In
the current environment, organic growth
will be hard to come by. “As a
privately held company, we are not threatened
by this and can take a long-term view.
Most of our competitors are public and
under pressure to increase earnings
per share. As a result, we expect increased
M&A activity. During the merger
process, these companies are focused
inward and often neglect their customers,
giving us a chance to swoop in and gain
new clients. Some of these combined
companies will emerge as formidable
competitors with offices in every corner
of the globe, tremendous procurement
power, and enviable resources.
New Entrants “Worth
watching,” Marco Rohrer said,
“are the ‘new technology’
companies like Amazon, which bought
a slew of aircraft and just this week
began offering services to China.
What Happens Next? “We
will grow our business while watching
our expenses closely.
Workshops Abound “At
our meeting this week, we are holding
a number of interactive workshops focused
on technology, sales, and the uniqueness
of the EMO Trans network. |
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