PTA Holdings, Inc. Iowa Fleet Expands Area of Service Out of San Antonio, Texas to Its Midwestern Base of Operations
August 19 2013 - 7:18AM
PTA Holdings, Inc. (Pink Sheets:PTAH), a
multi-faceted transportation group providing a broad array of
traditional transportation and management services, has just
announced that they have established truckload service for a major
supplier of bakery products serving the fast food industry based in
San Antonio, Texas. Its Iowa-based refrigerated fleet will
initially handle shipments from San Antonio back into the Chicago
and southern Wisconsin markets.
Tim Norton, VP and Director of PTA Holdings, stated that, "This
new business opportunity has resulted from our company handling
inbound refrigerated shipments of eggs and produce from our
Midwestern customers on a consistent year around basis opening the
door for our acquiring a portion of the new shipper's outbound
products. Initially the volume will be 6-8 extra loads on a
weekly basis into our Midwest service areas with an opportunity to
expand based upon ability to acquire additional operating
equipment."
He further stated; "We have been working to expand our market
segments beyond the Agricultural Markets to include food
manufacturers and other related industries and have been successful
in attracting new customers in the North/South traffic lane we
generally operate in. Customers such as the one in San Antonio
desire quality asset-based refrigerate carriers that have the
weekly capacity 52 weeks out of the year. We expect that the
addition of these customers will greatly improve our profitability
over the remainder of this year."
About PTA Holdings, Inc. (Pink
Sheets:PTAH)
Kingsley Logistics Group, acquired in June of 2012, is a
multi-faceted transportation group providing a broad array of
traditional transportation and management services. The focus of
the combined companies is to expand the company via a strategic
transportation industry roll-up.
To view website go to www.ptaholding.com
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding
PTA Holdings, Inc. and its business. Such statements are based on
management's current expectations. The forward-looking events and
circumstances discussed in this release may not occur and actual
results could differ materially as a result of known and unknown
risk factors and uncertainties. Forward-looking statements speak
only as of the date on which they are made and PTA Holdings, Inc.
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
CONTACT: Investor Relations Contact: ir@ptaholdings.net
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