CHICAGO, Jan. 13, 2016 (GLOBE NEWSWIRE) -- HydroPhi Technologies, Inc. (OTC:HPTG) subsidiary Pro Star Freight Systems, Inc. (“Pro Star” or “Company”) announced today the purchase of thirty new semi-trailers, significantly expanding the Company’s equipment fleet and reducing its costs associated with leasing semi-trailers from third parties. The move follows Pro Star’s recent acquisition of land for the development of an additional truck repair center, one of many critical milestones planned for the company as it continues to execute its growth plan. The 2016 Vanguard VXP Dry Van semi-trailers will add to Pro Star’s best-in-class transportation offering, which already services a diverse group of customers throughout the continental United States, including some of its largest big-box retailers.
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“By purchasing the semi-trailers, our Company saves approximately $250,000 annually in leasing fees, while also gaining access to additional sources of revenue,” said Nikola Zaric, founder of Pro Star Freight Systems, Inc. “As a rapidly growing, publicly traded transportation and logistics company, it is of the utmost importance that we remain laser-focused on our bottom line. The addition of thirty Vanguard VXP Dry Van trailers demonstrates Pro Star’s commitment to internal investment for the benefit of our customers and shareholders.”
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