Since FREIGHTWORLD was founded in the spring of 1994, service, quality, and transportation excellence has been the company's principle philosophy. Through innovation and determination, Freightworld has managed to flourish amidst the economic uncertainty at that time. Freightworld is 100% Canadian, privately owned, and remains debt free. We have grown to become a recognized world class leader in the transportation industry. Our business means that we are also in the service industry. We are proud of our 98.9% on time performance record combined with a low claims ratio of 0.05%, worldwide.
Clearly, our success is directly attributable to our valued and distinguished clientele base for the part they played in making Freightworld what it is today. Their genuine support and loyalty over the years has given us the ability and confidence to launch and build a campaign that has resulted in a solid infrastructure. Another major factor in the growth we're enjoying is having been honoured in 1995 and again in 1996 as one of Ontario's Top 100 Entrepreneurs. Freightworld stood out as one of the Province's most successful and dynamic start up companies.
In today's increasingly competitive environment, business leaders from around the world turn to Freightworld for customized transportation solutions to help speed products to the right place at the right time at the right cost. This approach reduces valuable working capital and inventory. Moreover, we exceed the day-to-day expectations of our clients by executing the right business strategy to acquire the desired result to provide our clients with a tangible return on their valuable investment. Our unparalleled freight management specialists have the expertise to solve any service emergency or operational crisis to ensure unsurpassed service.
Freightworld provides a dedicated and comprehensive, full service, multi-modal transportation solution to accommodate all of your important less than truckload and truckload requirements. This means that you can ship through Freightworld utilizing all available transportation modes - air, truck, rail and ocean - on either a regular or expedited basis, worldwide.
Freightworld provides turnkey distribution access to any global market. The power of Freightworld is in its perspective! We look at the entire logistical supply chain from a systems management viewpoint. We optimize the supply and distribution process as a whole, instead of treating it as a collection of individual functions.
We accept full responsibility and take great pride when sourcing reliable and sophisticated transportation partners to represent our mutual worldwide business interests. Freightworld is the driving force in supporting many important decisions. When a client forms a strategic alliance with Freightworld, they truly benefit from the cutting edge of improved service while raising their bottom line.
In closing, Freightworld's services are delivered by a competent team of highly motivated individuals who embrace change and take responsibility for leadership in productivity and innovation. Our reputation has been established by employing the highest standard of ethics and credibility. This underscores our firm commitment to service, quality, and transportation excellence in a worldwide market.
Guy J. Chartrand, President