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Monday, June 11, 2012 2:30:18 AM
HENDERSON, NEVADA--(Marketwire -05/08/12)- PTS Inc. (PTSH.PK) www.ptspi.com subsidiary Navistar Global Logistics (UK) Ltd (Navistar) www.navistar.co.uk Navistar has signed a Letter of Intent with a major US based publicly traded company, and a global player.
Navistar will be distributing global ecommerce shipments and will combine regular air freight shipments to optimize the current distribution channels into Europe, Middle East and Southeast Asia. The expected revenue will be in excess of $24 million USD. The business will be staged in over the next few months and is expected to be in full implementation by September 1st 2012. This will increase revenue with over 500% increase in the current calendar year.
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