INWOOD, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO - News) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd. ADVERTISEMENT
The Memorandum of Understanding between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York, has facilities in New Jersey, Illinois, Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."
Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.
"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.
About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.
INWOOD, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO - News) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd. ADVERTISEMENT
The Memorandum of Understanding between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York, has facilities in New Jersey, Illinois, Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."
Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.
"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.
About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.
xantibann,
Even the future of this combany looks kind of it will be successful, but IMO , still be carful for now,
Logged
