PTAH PTA Holdings Inc. Forms Kingsley Leasing Division to Increase Penetration of $603 Billion Market
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Pta Holdings, Inc. (PC) (USOTC:PTAH)
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Today : Friday 25 January 2013
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PHOENIX, Jan. 25, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that its Kingsley Logistics division will form a company-wide leasing operation for support of fleet operations and added revenue capture. According to American Trucking Association (ATA) statistics, trucking serves as a barometer of the U.S. economy, representing 67% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 9.2 billion tons of freight in 2011. Motor carriers collected $603.9 billion, or 80.9% of total revenue earned by all transport modes. The company seeks to provide leasing services for its fleet operations and become a one stop shop for its clients in the Midwest.
