Transportation and Logistics Systems, Inc. Announces Administration Enhancements at Cougar Express Operations

Former Proprietor Rejoins Corporation

JUPITER, FL / ACCESSWIRE / November 23, 2021 / Transportation and Logistics Programs, Inc. (OTCQB:TLSS), (“TLSS”, or the “Corporation”), a developing logistics assistance provider, nowadays declared that former Cougar Specific operator John Cerrito Sr. and his son, John Cerrito, Jr. have re-joined Cougar Specific.

John Mercadante, Chairman and CEO of TLSS, commented, “Possessing John Sr. arrive back into the fold, presented his decades of working experience and strong ties in the marketplace and lengthy-standing relationships with consumers, will have an speedy beneficial affect on functions.”

John Cerrito, Sr. has almost 50 a long time of working experience in the transportation and logistics sector and started Cougar Specific in 1991. John Sr. will be accountable for handling and rising the operations of Cougar Express. which is found just eight (8) minutes from JFK airport, servicing Lengthy Island, Westchester, the five boroughs of New York Metropolis and New Jersey.

In addition, John Cerrito, Jr. who earlier labored with Cougar Express for 15 many years, has also returned, to resume his previous job overseeing dispatch, shopper company and truck motorists.

About Transportation and Logistics Devices, Inc.

TLSS, as a result of its wholly owned working subsidiaries, Cougar Convey, Inc and Shyp Fx, Inc., operates as a complete-support logistics and transportation business.

For much more data, stop by the Firm’s web-site, www.tlss-inc.com.

Forward Hunting Statements

Statements in this push launch about the Company that are not historical specifics are forward-looking statements and are topic to risks and uncertainties that could induce genuine foreseeable future gatherings or outcomes to vary materially from this sort of statements. Any such ahead-wanting statements, such as, but not limited to, fiscal direction, are created pursuant to the risk-free harbor provisions of the Private Securities Litigation Reform Act of 1995. Ahead-seeking statements include things like all statements that do not instantly or completely relate to historic information. In some cases, you can establish forward-searching statements by phrases such as “might,” “will,” “should,” “could,” “would,” “expects,” “options,” “anticipates,” “intend,” “prepare,” “aim,” “request,” “strategy,” “long run,” “probable,” “thinks,” “estimates,” “assignments,” “forecasts,” “predicts,” “opportunity,” or the adverse of all those terms, and equivalent expressions and similar terminology. These incorporate, but are not restricted to, statements relating to foreseeable future gatherings or our foreseeable future monetary and working success, designs, goals, expectations and intentions. Although we consider that the anticipations mirrored in these ahead-searching statements are acceptable, these anticipations may well not be achieved. Forward-hunting statements are neither historic details nor assurances of long run efficiency. In its place, they represent our intentions, options, expectations, assumptions and beliefs about long term activities and are subject to recognised and not known dangers, uncertainties and other aspects exterior of our command that could result in our true outcomes, performance or accomplishment to vary materially from those people expressed or implied by these ahead-seeking statements. In addition to the dangers explained previously mentioned, these challenges and uncertainties consist of: our means to properly execute our enterprise techniques, which includes integration of acquisitions and the upcoming acquisition of other companies to develop our organization customers’ cancellation on brief recognize of grasp provider agreements from which we derive a major part of our earnings or our failure to renew this kind of learn provider agreements on favorable conditions or at all our potential to entice and retain crucial personnel and competent labor to meet up with the necessities of our labor-intensive small business or labor issues which could have an effect on our potential to bid for and productively total contracts the ultimate geographic distribute, duration and severity of the coronavirus outbreak and the performance of actions taken, or steps that may be taken, by governmental authorities to incorporate the outbreak or ameliorate its results our failure to compete proficiently in our very competitive business could decrease the amount of new contracts awarded to us or adversely influence our sector share and hurt our economical efficiency our capability to adopt and grasp new technologies and modify specific fastened charges and charges to adapt to our industry’s and customers’ evolving needs our historical past of losses, deficiency in doing the job cash and a stockholders’ deficit and our capability to reach sustained profitability materials weaknesses in our interior command about economical reporting and our means to retain successful controls about money reporting in the foreseeable future our substantial indebtedness could adversely have an affect on our business, economical problem and success of functions and our capacity to satisfy our payment obligations the impact of new or adjusted guidelines, regulations or other market expectations that could adversely influence our skill to perform our small business and changes in basic sector, financial and political situations in the United States and world economies or money marketplaces, which includes individuals resulting from natural or man-designed disasters.

These forward-wanting statements stand for our estimates and assumptions only as of the day of this release and, other than as needed by regulation, we undertake no obligation to update or revise publicly any forward-hunting statements, regardless of whether as a end result of new info, upcoming occasions or if not soon after the day of this letter. Provided these uncertainties, you must not location undue reliance on these forward-looking statements and should think about a variety of things, like the risks described, among the other sites, in our most current Annual Report on Kind 10-K and in our Quarterly Reviews on Form 10-Q, as effectively as any amendments thereto, submitted with the Securities and Trade Fee.

Investor Relations:

Phone: 833.764.1443
E-mail: [email protected]

Supply: Transportation and Logistics Techniques, Inc.

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