Transportation and Logistics Systems Inc (TLSS)

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NEWS ARTICLE 2/26/21
https://www.newsfilecorp.com/release/52800/Transportation-and-Logistics-Systems-Inc.-Is-Accelerating-Its-Growth-With-Planned-Acquisition-of-GRC-Trucking-Inc.-Deal-Expands-Services-In-TrillionDollar-ECommerce-SectorTransportation and Logistics Systems, Inc. Is Accelerating Its Growth With Planned Acquisition of GRC Trucking, Inc.; Deal Expands Services In Trillion-Dollar E-Commerce Sector

New York, New York--(Newsfile Corp. - February 26, 2020) - The e-commerce market, led by industry giants Amazon, Apple, and Walmart, is expected to become a more than $4.8 trillion economy by the year 2021. And, while investors may have done well by recognizing the growth potential in those companies more than two decades ago, the opportunity to catch the derivative opportunities may still provide a lucrative return.

Transportation and Logistics Systems, Inc (OTC Pink: TLSS) is one example of a well-diversified logistics company that is taking strategic steps to stake their claim in the thriving e-commerce economy. This OTC-traded stock most recently announced an agreement to acquire the assets of GRC Trucking, Inc., a New Jersey-based full-service logistics provider specializing in the import/export of ocean and rail intermodal and drayage shipping. The planned deal will also leverage GRC's more than 30 years of experience to TLSS and adds additional depth to the company's already diversified services platform.

Once completed, the combined assets may position TLSS to not only expand its services potential, but to also benefit from revenue expansion, increased diversification, and multiple opportunities for growth through the integration of additional logistics channels. Unlike many small-cap logistics companies, TLSS is a revenue-generating company that posted more than $18 million in income in 2018 and is projecting an increase upwards of $60 million for the full-year ending in December of 2019.

An increase of that magnitude often attracts the attention of investors, and with the planned acquisition of GRC Trucking, this thinly traded stock may soon find its way onto the radar screens of both retail and institutional investors. And, for a good reason...