Tuesday, December 21, 2021 5:43:19 AM
Press Release | 12/19/2021
December 19, 2021
OTC Disclosure & News Service
Las Vegas, NV —
This release includes additional documents. Select the link(s) below to view.
SPOTLIGHT CAPITAL HOLDINGS ADDRESSES SUPPLY CHAIN SHORTAGES.pdf
SPOTLIGHT CAPITAL HOLDINGS ADDRESSES SUPPLY CHAIN SHORTAGES
As the world adjusts to cope with the supply chain shortages occurring globally. Every industry has been affected in one way or another. From limitations on manpower to manufacturing which has trickled down to retailers causing them to struggle with getting their products onto the shelves. Technology companies have not been able to get their hands on chips fast enough to keep up with demand as well as a low supply of lumber. The world is being impacted by these supply chain shortages, notwithstanding attempting to rebound from a pandemic. We all need to do our best to be impactful in a positive way for ourselves & future generations because everyone needs more efficient supply chain solutions. We at SPOTLIGHT CAPITAL HOLDINGS INC are doing our part to improve the current conditions we face. The trucking industry is one of the pillars of our economy, on average over 10 billion^ tons of freight gets transported within the United States. In 2019 the numbers showed record-breaking figures of 11.84 billion tons of freight transported that year, leading up to 2020 with Covid-19 impacting global supply chains showing a pullback to average levels with 10.23 billion tons of freight transported that year. The trucking industry as a whole is valued at 700 Billion with the larger size fleet companies only making up around 20% of its market share creating opportunities for small to midsize independent carriers and owner-operators to capture market share. We believe with the proper resources and access to capital we can scale this venture effectively with a vertical business model where we can acquire existing companies to form a conglomerate approach to address common inefficiencies within the industry.
For more information, please contact 725 224 5133 or via E-mail: Info@spotlightcapitalholdings.com
^American Trucking Association American Trucking Trends 2018
Safe Harbor Statement This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward-looking statements.Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statements. Media Contact; 5904 Rainbow Boulevard Las Vegas, NV 89118, (321) 848-3437, info@spotlightcapitalholdings.com.
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