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Cargo Connection Logistics Holding Enters into Joint Venture Agreement with American River International Ltd. in Anticipation of New Business from China and the Pacific Rim.


INWOOD, N.Y. -- Cargo Connection Logistics Holding, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CRGO) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd.

The Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker Customs Broker

An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities.
. American River Logistics is also CTPAT CTPAT Customs Trade Partnership Against Terrorism  certified.

American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, has facilities in New Jersey, Illinois, Tennessee, Florida and California.

"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."

Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County.  to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.

"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."

Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.

About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.

Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS CFS
abbr.
chronic fatigue syndrome


CFS,
n.pr See syndrome, chronic fatigue.

CFS Chronic fatigue syndrome, see there
 facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.

Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com

The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 30, 2006
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