Cargo Connection Logistics Holding, Inc. CFO/COO Issues Shareholder Message.

INWOOD, N.Y. -- Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO) today issued the following message to shareholders:

Dear Shareholders of Cargo Connection Logistics Holding, Inc.:

We have now completed our fourth month as a public company and the
management team have all been working at a frenzied pace. Of course,
we continue to be dedicated to accomplishing the goals and objectives
as set forth in our previous communications to our shareholders. In
order to accomplish those goals and objectives, we believe that we
must continue to invest in our Company to allow it to develop those
necessary relationships that we have been and continue to be working
on.

We are acutely aware that there has been dilution of our stock. You
need to understand that it has been to the Company's benefit as it
relates to cash flow and the Company's balance sheet. The dilution has
not been to the benefit of the management of the Company. In fact, the
management of the Company has not taken any pay increases in the past
year and has personally guaranteed many of its agreements. The
management team all travel efficiently to minimize the expense of
traveling. We all have one goal and that goal is to continue to work
towards increasing shareholder value.

We are in an ever-changing environment and we are working with
professionals that are helping us make the transition to a public
company. Even in the short time that we have been the helm of a public
entity, the rules for completing acquisitions and the financial
reporting of those acquisitions has changed. We continue to work
toward our goals of building a Third Party Logistics Organization that
will provide accretive earnings for the shareholders as well as for
the Company.

While we have many great opportunities before us, many of the
companies we are currently working with, and some of those we are
currently negotiating with, will not allow us to use their names in
our press releases for various reasons. This has lead to a great deal
of speculation, and in some cases doubt, as to what we are doing and
with whom we are doing it. But until we can come to final arrangements
with those companies that we have either targeted for acquisition or
those we are doing business with, we can not make those public
announcements.

Management is deeply concerned about any depreciation of our
stock. We believe that the best way to create long term value is to
build our company and achieve our goals and objectives for growth and
profitability. Clearly, we do not condone our stock being shorted
however; this is a matter we have little control of.

While we want to provide accretive earnings, we must have the
infrastructure to build our operation first. We continue to work
closely with many freight forwarders, two of which have agreed to
allow us to use their names (Scanwell and Sovereign Logistics) while
many others have asked us not to use their names in public
announcements. Despite the disclosure requirements we are under, each
one of these forwarders works in a different area of the World and
each is working with us to build our businesses together. We also
continue to build relationships with both Domestic and International
Airlines which help support our trucking network. If you are concerned
with the dilution, well quite frankly, so are we. But, we are doing
what we can to ensure that our business continues to grow.

Again, thank you for your continued support.

Scott Goodman,
Chief Financial Officer/Chief Operating Officer
Cargo Connection Logistics Holding, Inc.