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TLSS does not currently pay a dividend.
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Operating through its various subsidiaries across the United States, Transportation and Logistics Systems, Inc. (TLSS) delivers a broad spectrum of logistics and transportation solutions. The company's services encompass comprehensive e-commerce fulfillment, vital last-mile delivery (including specialized two-person home delivery), efficient mid-mile and long-haul freight transportation, as well as essential pickup and warehousing capabilities. As of December 31, 2021, TLSS maintained a fleet of roughly 17 vehicles, predominantly composed of box trucks and vans. The firm's headquarters are situated in Jupiter, Florida.
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.