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Tuesday, May 26, 2020 9:29:06 PM
Transportation and Logistics Systems, Inc. (TLSS) brings much to the table in terms of having the ability and resources to become a significant provider of services to the e-commerce sector. Already a revenue-producing company that is expecting to report more than a 100% increase in revenue compared to 2018 results, TLSS has assembled a diversified suite of services that can help to expedite shareholder value and grow into a more suitable market cap valuation. Without the planned GRC acquisition, services already include "at home" delivery, last-mile delivery, and mid-mile transport services. Each of these logistics offerings provides necessary components for completing any e-retail transaction. Moreover, TLSS provides line-haul transport, which serves as a connection between manufacturers, distributors, and hub-to-hub outlets.
Whether the first step of the distribution process begins by air or sea, the final stage of the e-retail transaction will require a land-based logistics partner roughly 90% of the time. Moreover, as the methods of commerce have been changing to a more online-focused economy, so have the expectations of the consumer. And, companies that want to thrive must respond.
TLSS, as an example, has actively engaged in creating processes that meet or exceed consumer and client demands by integrating faster delivery times, offering specialty services, and integrating advanced tracking systems that include the use of telematic devices and synchronization to clients' networks and software. In other words, TLSS is providing its clients a suite of services that are often overlooked by the final recipient. Investors may miss the connection as well.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/52800
(c) Copyright Newsfile Corp. 2020
https://www.bloomberg.com/press-releases/2020-02-26/transportation-and-logistics-systems-inc-is-accelerating-its-growth-with-planned-acquisition-of-grc-trucking-inc-deal-expa
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