TLSS Operations Announces Customer Expansion into New England Market

About this update from Transportation And Logistics Systems, Inc.

[{"type":"text","content":"Organic Initiatives Bolstered by Existing Relationships and Recent Acquisitions Beginning to Take HoldJUPITER, FL / ACCESSWIRE / August 22, 2023 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS" or the "Company"), the parent company of certain wholly-owned operating subsidiaries, which together, provide a suite of logistics and transportation services, is pleased to announce today the launch of expanded services into New England with an existing customer.Sebastian Giordano, Chairman and CEO of TLSS, commented, "In our 10Q release, I mentioned the fact that I anticipated operations rolling-out a series of new organic initiatives that we expect will improve revenue and operating results in the months ahead. For the past several months, the operations and sales teams, led by Chief Operating Officer Justin Frey and Freight Connections ("FC") President Joseph Corbisiero, have been working diligently to prepare our operations to leverage existing customer relationships, with our recent acquisitions. This is the first in what we believe will be a series of exciting and significant new developments for the Company and a great example of what is possible when you combine both elements."According to Mr. Corbisiero, "After more than five years of successfully servicing LTL deliveries and pickups throughout New Jersey, NYC and Long Island for one of FC's largest and longer-standing customers, they have expanded our business to handle deliveries and pickups throughout New England, due to both our outstanding customer service level and recent acquisition of Severance.""We will continue to provide overnight pickup and delivery services to all direct points within our expanded network and expect revenues with this valued customer to double over the next year. This additional business will allow us to build on the gains we have made in the areas of equipment utilization, driver productivity and overall cost per shipment," added Mr. Frey.About Transportation and Logistics Systems, Inc.TLSS is a publicly-traded holding company. Its wholly-owned operating subsidiaries, Cougar Express, Inc., Freight Connections, Inc., JFK Cartage, Inc. and Severance Trucking Co., Inc., together provide a full suite of logistics and transportation services.Services include LTL, TL, cartag...

More updates from Transportation And Logistics Systems, Inc.