PTA Holdings Inc. Notes Positive Earnings Results for 2nd Quarter and Year over Year for June 30, 2013 YTD
30 7월 2013 - 8:58PM
PTA Holdings, Inc. (OTC Pink Sheets:PTAH), a
multi-faceted transportation group providing a broad array of
traditional transportation and management services, announced today
that its Iowa Operations had positive earnings results during June
seeing increases in revenues over prior
periods.
Tim Norton, VP and Director of PTA Holdings Inc. stated, "2nd
quarter results for the company when released are headed in the
right direction after a slower than expected start in the 2nd
Quarter 2013. June 2013 revenues on the other hand signaled a
strengthening with significant gains that will provide overall
positives for the 2nd quarter and year to date. We continue to
believe that our earlier forecasts will be in line with industry
statistics and growth predictions related to the outlook for the
transportation industry in 2013. Freight tonnage is expected to
increase by a total of 21% over the next decade and we expect our
revenues to grow with the industry standards. The upturn in
the economy has presented our company with the opportunity to
expand our markets throughout 2013 and continue growth into the
future."
He further stated, "The release of our financial performance
results will be another indication that the strategy for growth at
PTA Holdings is sound and it's good to see others in our industry
of that same mindset as regards the potential afforded
transportation providers."
About PTA Holdings, Inc. (OTC Pink Sheets:PTAH)
organized in 2005 as a holding company with operating divisions as
suppliers of logistics and transportation services. PTA Holdings
Inc. acquired Kingsley Logistic Group in 2012. Kingsley Logistics
Group is a multi-faceted transportation group providing traditional
transportation services that include LTL & Truckload,
Inter-modal, Rail, Warehousing & Distribution, Equipment
Leasing, Brokerage, 3PL and Special Projects Business Groups.
Business strategy of the PTA Holdings calls for expansion through
the execution of an aggressive acquisition plan. Kingsley is
positioned to take advantage of the transportation industry's
growing trend toward global logistics, distribution and supply
chain management, paying attention to the acquisition of small to
medium sized companies that we define generating revenues of 2.0 to
20 million of annual revenues as targets of our roll-up strategy.
The company will use a combination of transportation software,
website technology, for the consolidation of its roll-up of supply
chain subsidiaries, including truck and inter-modal transportation
units, warehousing and storage facilities, logistics management and
related technology functions. 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
Premier Media Service Inc. Kelly Black at 866-465-6551
info@premiermediaservice.com
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