InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
Mr. Zen Free
09/28/05 9:56 AM
profile icon
Mr. Zen Free
09/28/05 8:43 AM
profile icon
nlightn Free
09/27/05 11:25 PM
profile icon
nlightn Free
09/19/05 9:35 AM
profile icon
Mr. Zen Free
09/15/05 2:16 PM
profile icon
Mr. Zen Free
09/14/05 9:05 AM
profile icon
Mr. Zen Free
08/25/05 9:35 AM
profile icon
nlightn Free
08/18/05 8:04 AM
profile icon
Mr. Zen Free
08/17/05 9:27 AM
profile icon
nlightn Free
08/10/05 10:26 PM
profile icon
nlightn Free
08/09/05 8:14 AM
profile icon
nlightn Free
08/03/05 10:26 PM
profile icon
nlightn Free
08/03/05 9:13 PM
profile icon
nlightn Free
08/02/05 1:32 AM
profile icon
beigledog Grandfathered
08/01/05 4:13 PM
profile icon
Mr. Zen Free
07/25/05 10:23 AM

Trans Global Logistics (fka TLGI) RSS Feed

Followers
0
Posters
4
Posts (Today)
0
Posts (Total)
17
Created
07/25/05
Type
Free
Moderators
COMMON STOCK $0.001 Par Value 35,000,000 Shares Authorized 7,020,387 Issued and Outstanding PREFERRED STOCK $0.001 Par Value 35,000,000 Shares Authorized 0 Issued and Outstanding TRANS GLOBAL LOGISTICS INC., A TRANSPORTATION AND LOGISTICS HOLDING COMPANY. Trans Global Logistics, a 3-year-old Maryland Corporation, is based in Florida and will focus its activities on the acquisition and development of transportation and travel-oriented companies in the Caribbean basin and Central America. Trans Global’s acquisition of an interest in PIA last year signaled its initial effort in achieving the goal of establishing a transportation holding conglomerate. This group will be positioned to capitalize on the growing importance of the Caribbean Basin and Central America as a trade crossroads strategically positioned between the resources and emerging consumer markets of Central and South America, and the manufacturing centers of the United States, Europe and the Far East. The recent passing of the CAFTA treaty in the United States will drastically change the state of commerce between the United States and Central America, increasing both the flow of cargo and passenger airline traffic between the countries in the region. This increase in cargo and passenger traffic, in a region already suffering from an under capacity of cargo platforms, will ensure dramatic growth in the market. Trans Global, through its multi-faceted acquisition strategy, will be positioned to secure a dominant position in the region’s inter-modal transportation markets. Trans Global is combining the management and transportation infrastructure under one organization in order to vertically and horizontally integrate the necessary services that are required for the transport of cargo and people throughout the region. Just as new airlines begin and grow by offering customers a low cost alternative to the established airline players in the industry, Trans Global is offering a lower cost alternative to its air and maritime cargo customers whose initial point of departure or ultimate destination is the Caribbean Basin or Latin America. The companies that Trans Global has acquired, or plans to acquire or develop include: PIAExpress - Trans Global’s air cargo operations will be a coordinated effort between PIAExpress and the logistics and freight forwarding companies acquired by Trans Global. Trans Global will also initiate air cargo operations out of Los Angeles into Mexico City and Guadalajara. This plan will give PIAExpress a gateway for business from the Pacific Rim through Mexico all the way to South America. P&L Logistica – Trans Global has acquired a controlling interest in this logistics company operating in the Free Trade Zone in Panama. P&L Logistica offers a variety of transportation and consolidation services in maritime, airline, and ground cargo. These services include: cargo handling; space logistics operations; ground handling; warehousing; general sales agent services; and data services. P&L Logistica will enable TGL subsidiary companies to integrate inter-modal cargo services through cargo transiting Panama. Panama International Air (PIA) – is a Panama flag international passenger airline that is completing its certification process to begin passenger flight operations no later than the first quarter of 2006. The airline will expand operations to include various point-to-point routes to destinations in the Caribbean, Central America and Florida from gateway airports in Panama City, Panama and a future hub in the Caribbean. International Freight Forwarder – Trans Global is in final negotiations to acquire a controlling interest in an international freight forwarder head quartered in New York City. This company has offices in London, Miami, Mexico City, Los Angeles and Chicago with partners in 22 foreign countries. They have extensive customer networks in both Europe and the Far East, with Central and South America and will provide Trans Global with extensive maritime and ground transportation opportunities. Courier and Package Delivery Company – Trans Global is in preliminary discussions to acquire a controlling interest in a Panama based courier and overnight package delivery company. This company has extensive contracts with both the United States and Panamanian Governments, and will work with both PIA and PIAExpress to expand their airborne delivery service. The Company’s subsidiaries and acquisitions through existing contracts and contracts coming into place is projected to generate gross revenues of $$8,387,491 for the remainder of 2005, which is expected to increase $$65,509,360 on a consolidated basis in 2006. The Company is projected to recognize earnings before interest, taxes, depreciation and amortization of $3,378,611 with earnings of $0.37 per share in 2005, which is projected to increase to $17,858,122 of EBITDA and $1.51 per share of earnings in 2006. . As the sole international corporate player focused on the Latin American cargo and passenger market, with a hub in Panama City, Panama and freight forwarding offices located in Miami, Los Angeles, New York, Chicago, London, Mexico, and Hong Kong, Trans Global will be positioned to take advantage of the projected increase in cargo traffic to and from Latin America, which is currently underserved by the market Trans Global Logistics Inc., a Transportation and Logistics Holding Company, Completes Entry into Public Marketplace Tuesday Aug 2 http://biz.yahoo.com/bw/050802/26033.html?.v=1 TransGlobal Logistics, Inc. Announces the Appointment of Joel M. Chusid as Chairman of the Board of Directors Monday August 8 http://biz.yahoo.com/bw/050808/85354.html?.v=1 Wall Street Resources, Inc. Initiates Research Coverage on Trans Global Logistics, Inc With an Initial Valuation Target of $7.94 Wednesday August 10, http://biz.yahoo.com/bw/050810/105278.html?.v=1 Trans Global Logistics Inc. Announces the Funding of the Acquisition of P & L Projectos y Logistica Internacional, S. A., a Panamanian Cargo Logistics Company Wednesday August 17 http://biz.yahoo.com/bw/050817/175181.html?.v=1 Panama International Air (PIA) Opens and Dedicates Executive Offices in Panama City, Panama Thursday August 25 http://biz.yahoo.com/bw/050825/255284.html?.v=1 Trans Global Logistics, Inc. Announces Investor Conference Call Hosted by Company President and CEO, Gus Cervera Wednesday September 14, http://biz.yahoo.com/bw/050914/145309.html?.v=1 TransGlobal Logistics, Inc. Announces the Appointment of Joseph R. Smith to the Board of Directors Thursday September 15 http://biz.yahoo.com/bw/050915/155434.html?.v=1 TransGlobal Logistics, Inc. Announces Expansion of Freight Forwarding and Brokerage Operations in US Monday September 19 http://biz.yahoo.com/bw/050919/195446.html?.v=1 TransGlobal Logistics, Inc. Moving Forward to Establish Cargo Logistics Infrastructure Prior to Inaugural Flights Tuesday September 27 http://biz.yahoo.com/bw/050927/276028.html?.v=1 http://www.transglobl.com/ Investor Relations 415-884-0348
Board Info
Posts Today
0
Posts (Total)
17
Posters
4
Moderators
New Post