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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.
Corporate Update Due for Release in the Coming Weeks JUPITER, FL / ACCESSWIRE / August 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 announce today that on August 11, 2023, the Company timely filed its Form 10-Q, Quarterly Report for the second quarter ended June 30, 2023. Sebastian Giordano, Chairman and CEO of TLSS, commented, "Our revenue and gross profit margins continued to improve over the prior year; however, we did experience some of the downturn that has been prevalent across the industry during the second quarter.
Chairman/CEO Report to Discuss Progress on 2023 Business Plan and Other Key Topics JUPITER, FL / ACCESSWIRE / July 25, 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, following its upcoming second quarter earnings release due in mid-August 2023, and subject to any other filing responsibilities and SEC restrictions, it will issue a separate comprehensive update on the Company, its current operations and ongoing strategic plans. According to Chairman and CEO Sebastian Giordano, "Over the past year, we have been fully engaged in undertaking numerous initiatives on multiple fronts, both operationally and strategically.
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