Replies to post #35336 on Ultrack Systems Inc (MJLB)

[jonselow]

The United States trucking industry enjoys the highest GDP in the world of any trucking industry. The GDP of the USA's trucking industry alone is higher than that of the entire GDP of many nations. In 2020, the trucking industry in the US generated $737.3 billion, down from 2019 when it generated $791.7 billion, the decline likely due to restrictions from the COVID-19 pandemic. Still, the industry is massive, and the outlook remains positive for future growth. $MJLB

[lk52q]

excellent job michael and management.. I see this on the horizon! $MJLB

So, we're going into the trucking business. Brilliant move by michael here!!!

[Bling Bling1]

If the deal goes through could be explosive here. $MJLB

https://finance.yahoo.com/news/ultrack-signs-mou-acquire-east-134500047.html

[Sbootsma]

But why are they getting into it??????

The sell computer equipment to track things. unless they are buying a truck to get the units from the port (I assume they are made overseas) and bring them to their warehouse, buying a trucking company makes zero sense.