Order Logistics Announces JAT Transportation's January 2006 Financial Results.
Order Logistics, Inc. announced today its financial results for JAT during the month ended January 31, 2006. Total revenues for the month were $1,180,730. JAT is currently running at an annual revenue rate of $14,000,000, and we foresee this to continue and/or increase in the future. The acquisition of JAT allows us to differentiate ourselves from our competitors by providing both the technological platform and the hard asset capacity to our customers. This allows us to be a full service supply chain logistics company and to enhance the profitability and functionality of our customers. Our Transportation division intends to make additional acquisitions, similar to JAT.
"We are encouraged by our record revenue growth and increased earnings as we continued to execute our operating model focused on productivity, growth and profitability in 2006," commented JAT Transportation's General Manager, Sam McDonald.
"We are pleased with JAT's growth and performance in January 2006. Order Logistics will continue to search for these types of strategic acquisitions that will enhance our supply-chain solutions offering to the domestic transportation and global logistics marketplace. Our goal is to operate each of our supply-chain companies independently and effectively, while selling our overall solutions and services collectively," stated Brian Griffin, President of Order Logistics, Inc.
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 Order Logistics, Inc.
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|Date:||Feb 28, 2006|
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