World Logistics Services, Inc. (Pink Sheets:WLSV) has entered into a sales agreement with Sho-Moves Transportation, Inc., a leading entertainment transportation company. Sho-Moves Transportation, Inc. is an established, ethical, client focused quality driven company providing cost effective transportation solutions to the live entertainment and touring show industry.
Sho-Moves Transportation, Inc. provides a service which ordinary trucking companies are unable to deliver. Our Clientele requires greater attention to detail and on time service. Sho-Moves Transportation, Inc. is continually working toward meeting our customers’ expectations. In addition, Sho/Moves Inc., the parent company, has been involved in the transportation of some of the world’s largest entertainment shows and tours.
The experienced staff and network of planners have coordinated entire tours from on-site services to the transportation of:
- Concert tours
- Amusement Companies and Ride Manufactures
- Circus and Outdoor Theaters
- Live Broadway Productions
- Traveling Sporting Events
- Touring Ice Shows
- Emergency Government freight
- TV and Movie Productions
- Non-industry Equipment Supplier such as Props, Lighting, Wardrobe, even Pyrotechnics
With the new agreement, World Logistics Services, Inc. expects net revenue to increase by at least 3 million dollars by the end of the year. World Logistics Services, Inc. also expects a net revenue to increase by 5 million dollars in FYE 2010. Brad Lannom, the President of Federal Logistics, our wholly owned brokerage subsidiary, says, “We are very excited about the acquisition of Sho-Moves Transportation, Inc. This is the next piece in our creation of a world wide, industry leading, logistics company.”
About World Logistics Services, Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
C. Jones Consulting, Inc.
Joshua
C. Mckee, 727-771-9500
josh@cjonesconsulting.com
