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Replies to post #15765 on Transportation and Logistics Systems Inc (TLSS)
cjstocksup
05/21/20 10:07 AM
#15772 RE: MrPuff #15765
New acquisition goes thru! GRC Trucking is now a wholly-owned subsidiary of TLSS. 20 more drivers with 32 trucks total. More Amazon, FedEx, UPS and USPS point deliveries. Both Prime EFS and ShypDirect (both wholly-owned subsidiaries of TLSS) are providers of logistics services for Amazon.com, FedEx and UPS, including “last-mile” deliveries to residential and business locations as well as deliveries between Amazon sort centers and deliveries from Amazon sort centers to post offices. These are both a wholly-owned subsidiary of publicly-traded company Transportation and Logistics Services, Inc., with 500+ staff and moving towards $60M revenue. This CEO is a logistical genius. He was the CEO of Cape Transit ($2M revs) which then became Coach USA ($1B revs) which he also was CEO of. He knows what he is building here, and it's working at the most opportune time.
ranger_7
#15773 RE: MrPuff #15765