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Cargo Connection Logistics Announces the Formation of New Division - Independent Transport Group, LLC; Revolutionary New Concept Designed to Attract Independent Contractors and Increase Size and Scope of Company's Driver Fleet
Aug 15, 2005 8:00:00 AM
Copyright Business Wire 2005
INWOOD, N.Y.--(BUSINESS WIRE)--Aug. 15, 2005--

Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO) today announced it has created a subsidiary to be named Independent Transport Group, LLC (ITG).

ITG has been formed to attract current independent contractors and other carriers to perform work on behalf of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc. The division has been formed to create a program specifically designed to assist the Company in increasing the size and scope of its driver fleet.

"We believe the creation of ITG is an innovative approach to creating an affinity and long-term relationship with the independent contractors who have been treated as outsiders within our industry," said Jesse Dobrinsky, CEO of Cargo Connection Logistics Holding, Inc. "Our ability to attract and retain drivers is critical to our success. The formation of ITG allows independent drivers the advantages of becoming an integral part of our organization and will still afford them the flexibility and independence they are accustomed to having, while at the same time securing some of critical benefits of being part of the Cargo Connection family."

ITG will be headed up by a team of seasoned executives with more than 40 years of combined experience in the Professional Employer Organization industry, including Ivan Dobrin who has more than 20 years of experience in the field. This team will allow ITG to create a culture and benefit structure that encourages independent drivers (owner operators) to enroll in the program. This in turn will provide Cargo Connection with a supply of drivers and additionally gives these drivers a reason to maintain their relationship with one company in an environment where drivers are scarce.

"Currently there is no incentive for independent drivers to stay with one company," added Dobrinsky. "Hopefully, this new program will give them the incentive, reason and the desire to join our team, which in turn, could vastly expand our fleet."

Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management Inc., which are both headquartered in Inwood, NY. The Companies also have offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The Companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have 82 full-time employees.

About Cargo Connection Logistics Corp. / Mid-Coast Management, Inc.

Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida and Atlanta, Georgia with service areas throughout the United States and North America. Mid-Coast Management operates container freight station operations specifically designed to handle internationally arriving freight for companies like Mast Industries, the major supplier to Limited Brands - one of the world's largest multi-brand specialty retailers as well as many other significant fashion brands. Since its inception, Mid-Coast Management, Inc. has developed relationships with many other retailers and works with Freight Forwarders from around the world.

Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Source: Cargo Connection Logistics Holding, Inc.



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For Cargo Connection Logistics Holding
Inc.
Inwood
Peter Nasca Associates
Inc.
Peter Nasca
305-937-1711
Email: [e-mail]