PTS, Inc. (PTSH): Navistar Operations and Expansion Plans
LONDON, Aug. 19, 2011 /PRNewswire/ -- PTS, Inc. (PINKSHEETS: PTSH) (www.ptspi.com) and Navistar Logistics (UK) Ltd. (http://www.navistar.co.uk/) delivered information regarding Navistar operations and plans in the logistics industry segment.
The company specializes in air and sea freight and road haulage, transfer customs clearance, storage and fulfillment. The company is a member of British International Freight Association (Navistar can be found on BIFA site: http://www.bifa.org/content/Member.aspx), Road Haulage Association (RHA; http://www.rha.uk.net) and the British Chamber of Commerce.
Navistar Logistics (UK) Ltd. owns fully equipped warehouses in Birmingham, Manchester, London, West Bromwich, Newcastle, most major ports, airports and hubs such as London (Heathrow).
Navistar has developed extensive relationships with the international logistics communities, such as ports, 3rd party forwarders, large-scale logistic coordination companies, customs, etc., offering a worldwide network of international approved agents, logistic services throughout UK, Northern and Southern Ireland, and Europe.
Navistar owns a fleet of 35 vehicles operated by experienced and courteous drivers. All vehicles are equipped with GPS tracking and mobile phone communications. The company also offers refrigerated vehicles and is certified to handle dangerous goods. Navistar offers on-line tracking system and freight management.
The company has experienced a substantial growth even in the tough economic climate and expects to continue to grow at a steady pace and expand into new markets such as the Middle East and Asia.
More news to follow shortly.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. PTS, Inc. cautions you that any forward-looking information provided by or on behalf of PTS, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS, Inc.'s control. In addition to those discussed in PTS, Inc.'s press releases, public filings, and statements by PTS, Inc.'s management, including, but not limited to, PTS, Inc.'s estimate of the sufficiency of its existing capital resources, PTS, Inc.'s ability to raise additional capital to fund future operations, PTS, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match PTS, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
PTS, Inc.
For M&A and Corporate Matters
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SOURCE PTS, Inc.
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