2022 has been a hard year for everyone, particularly for the transportation industry. We have faced many challenges that have severely disrupted our line of work, such as persistent driver shortages, rising inflation, the record-high gas and energy prices, all of them triggered, one way or another, by the Russian invasion of Ukraine, not to mention the extreme weather events, facts that have affected our costs and forced us to increase our rates.
However, despite such negative circumstances, we have been resilient and innovative: under the wise leadership of both our CEO and the Administrative Director, M&M VEHICLE TRANSPORT has grown commercially and physically by opening a new office in Port St. Lucie, Florida at the end of 2022, representing increased coverage for our customers as well as a new source of work for more employees. We have also reinforced our freight division, M&M FREIGHT AND LOGISTICS, by expanding our portfolio to include a broader range of services.
During this year we´ve said goodbye to some loyal and dear workers who left our company seeking new horizons and have welcomed others that joined us looking for new opportunities and a better future. They are all our most valuable assets and we are grateful for their effort and commitment to making this company what it is today.
Thanks to our competitors, we have forced ourselves to capitalize on our experiences and learn from our mistakes, evaluate strengths and weaknesses, and set higher goals to achieve excellence in the exercise of our work and become truly extraordinary at what we do.
We are certain that this upcoming year will come with many challenges we are willing to accept, face, and successfully overcome as we always have; we are full of expectations and look to the future with optimism knowing that we will always be able to adapt to any circumstance, be it good or bad.
Finally, we would like to thank our employees, customers, allies, and competitors for all they have done for us and the lessons learned.
Thank you all for this 2022 and we hope to count on you for this 2023. Happy New Year to all of you.