Transportation and Price, Forecast, Insider, Ratings, Fundamentals & Signals

Corrective measures expected to address operating losses jupiter, fl / accesswire / november 15, 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, today announced that on november 14, 2023, the company had timely filed its quarterly report on form 10-q, for the three and nine months ended september 30, 2023. mr. sebastian giordano, chairman and chief executive officer of tlss, stated, "while year over year revenues reflect an increase over the prior three-month and nine-month periods based primarily upon 2022 and 2023 acquisitions, we did experience lower than expected revenues and higher than expected losses in our operations, most notably in the freight connections subsidiary, where revenues dropped significantly in q2 and q3.

Ceo to assume cfo responsibilities jupiter, fl / accesswire / october 3, 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 that it has bolstered its accounting and finance department with the addition of two new members to its management team. sebastian giordano, chairman and ceo of tlss, commented, "i am very excited to welcome mr.

Jupiter, fl / accesswire / september 14, 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 issue the following update to its stakeholders from its chairman and chief executive officer, mr. sebastian giordano.

Joins forces with west coast carrier to deliver final mile services jupiter, fl / accesswire / september 6, 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 that it has begun providing final mile delivery services within its entire existing coverage area, in partnership with expediri, inc. ("expediri"), an expedited ltl carrier based in fontana, california. sebastian giordano, chairman and ceo of tlss, commented, "based upon our existing strong presence and reputation in the northeast, we continue to seek and secure new business to increase our revenues.

Organic initiatives bolstered by existing relationships and recent acquisitions beginning to take hold jupiter, 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.

Jupiter, Florida--(Newsfile Corp. - January 18, 2023) - Transportation and Logistics Systems, Inc. (OTC Pink: TLSS), ("TLSS", or the "Company"), a growing logistics service provider, today announced that on January 26, 2023, Mr. Sebastian Giordano, its Chairman and Chief Executive Officer, will be presenting at the virtual Q1 Investor Summit on January 26th.Event:Q1 Investor SummitDate:January 26th, 2023Presentat

Chairman/CEO to Discuss Prior Announcements on 2022 Business Plan and Other Key Topics JUPITER, FL / ACCESSWIRE / May 31, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a logistics service provider, is pleased to announce today that, on Wednesday, June 8, 2022, at 11:00 AM Eastern Time, it will hold a conference call to discuss with its stockholders and all other interested parties the announced results of its operations, the announced acquisition and the announced Company plans. The dial-in instructions will be provided, via a subsequent press release to be issued on Tuesday, June 7, 2022, that will advise our stockholders and all other interested parties how to join the call.

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PrimeEFS & Shypdirect Account for 87% of Consolidated Liabilities JUPITER, FL / ACCESSWIRE / August 25, 2021 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS", or the "Company"), a full-service logistics and transportation provider, today announced that on August 24, 2021, two of its wholly-owned subsidiaries, Prime EFS, LLC ("PrimeEFS") and Shypdirect LLC ("Shypdirect"), both New Jersey limited liability companies no longer engaged in operations (together, the "Assignors"), have each executed and filed an Assignment for the Benefit of Creditors ("ABC") in the Superior Court of New Jersey, in Bergen County (the "Assignments"). Terri Jane Freedman of Chiesa Shahinian & Giantomasi PC ("Freedman") has been appointed as the Assignee.

Company is in Final Stages of Restructuring as it Shifts to Growth through Acquisition Strategy  JUPITER, FL / ACCESSWIRE / August 16, 2021 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS", or the "Company"), a leading eCommerce fulfillment service provider, today announced that on August 13, 2021, the Company had timely filed its Quarterly Report on Form 10-Q, for the three and six months ended June 30, 2021. John Mercadante, Chairman and CEO of TLSS, commented, "We believe that we are in the final stages of our highly successful restructuring efforts that commenced in the first quarter of 2020.

Transportation and Logistics Systems Inc. (TLSS) (OTC: TLSS) announced Monday it entered into an agreement on Tuesday to acquire all of the outstanding shares of SalSon Logistics. The Jupiter, Florida-based e-commerce fulfillment provider said the $90 million purchase price includes $50 million in cash, 19.9% of TLSS stock and $20 million in seller financing.

Acquisition Would Anchor Company's Growth Strategy JUPITER, FL / ACCESSWIRE / June 21, 2021 / Transportation and Logistics Systems, Inc. (OTC Pink:TLSS) ("TLSS" or the "Company"), an eCommerce fulfillment service provider, today announced that on June 15, 2021, it entered into a stock purchase agreement to acquire all of the outstanding stock of SalSon Logistics, Inc., a leading third-party logistics company founded in 1960, based in Newark, New Jersey ("SalSon"). The purchase price for the acquisition is $90 million, which based on a multiple of the EBITDA of SalSon, with the consideration payable in the form of $50 million of cash, 19.9% of the Company's then outstanding Common Stock, and $20 million in seller financing.