Ed Slinin and CTG Again Eye Expansion in Down Economy

Aug. 28, 2012 - PRLog -- August 18, 2012, New York City – While other competitors in NYC and other transportation companies from coast to coast are cutting back, NYC transportation pioneer, Ed Slinin, is preaching a doctrine of expansion and innovation. And through his business, Corporate Transportation Group, Slinin is actively practicing what he preaches.

Recently, when asked about how the down economy has impacted Corporate Transportation Group since 2008, transportation CEO, Ed Slinin had this to say:

“While, overall, things may have been easier in past years, we are still growing, and our philosophy remains unchanged. People are still doing business, and they still need transportation. If we take care of them, our business will take care of itself.”

This customer-centered approach seems to be working for Slinin. During the last several years not only has CTG continued to expand its traditional fleet, which now numbers nearly 1,400 passenger sedans, but also expand into a new market – hybrid vehicles. Slinin admits that the added expense of the hybrid cars, particularly during a down economy, was a risk. But one he was glad he took and would take again.

“Many of our customers have legitimate environmental concerns. It is my duty to see that these concerns are met with the best possible service. Our customers appreciate this, and that is all that matters to me.”

In addition to growth, while other companies are cutting back, Slinin is investing in new technologies. While this may seem antithetical to a nation getting into the habit of belt-tightening, this expansion and these investments make perfect sense to Ed Slinin.

“Sure, we could tuck in here or cut back there. But what does that do for us? Down economies are opportunities, not to give up but to be inventive, creative and innovative. That requires new ideas and it requires investment, both in time and in capital. But that’s the nature of business. I can tell you this, after several decades in this business, Tough times come and go. And it’s the ones who work the hardest and the smartest through the tough times who end up still standing when times get better.”

When asked whether or not he believed the economy was coming out of the slump and on the way to recovery, Ed Slinin seemed noncommittal. “This is an election year, so you can expect some volatility in the market, and you can expect that volatility to trickle down to all aspects of the economy. Beyond that, I don’t have a crystal ball. Besides, I don’t wake up in the morning and ask the market whether or not I get to be successful today. I get up and go to work.”

The final word from Slinin? “There are many ways to fight a down economy. We chose to fight by doing what it takes to continue to be successful.”