Tuesday, June 04, 2013 9:18:48 AM
PTA Holdings, Inc. Buying Intermodal Container Carrier
PHOENIX, June 4, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that the Company is in negotiations to purchase a Midwest trucker of ocean containers. The carrier services rail and port and rail hubs located in Illinois and Wisconsin operating with company and owner operator power and company owned bogies. Ocean and domestic container freight continues to grow year over year, and it's the Company's intention to acquire more carriers and open more strategic terminals. The target carrier provides the Company with a strong beginning in the container business. The Company will be able to expand the targets operating revenues of $2 million through addition of equipment.
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