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Author Topic: CRGO News just out
clintonj
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spiking higher

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CJ
Calls/Holds:
TWRCP-.15
WEGI(millerTIME)
PMGJ-.0601
BTEM-.60
EXCS-.029
OPBL-.4601
PGNE-.0501

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savvy27
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Itz going crazy!Wow...
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savvy27
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Cargo Connection Logistics Corp. Prepares to Assist Three of the Nation's Largest Airlines That will be Affected by Hurricane Rita


INWOOD, N.Y.--(BUSINESS WIRE)--Sept. 23, 2005--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO), today announced that its wholly owned subsidiary, Cargo Connection Logistics Corp., is preparing to help their customers (three of the nation's largest airlines) reroute the freight of its clients with Texas-based hubs affected by Hurricane Rita. The Company said it is expecting that the Airlines that have hubs in Texas will have to reroute their wide body aircraft to alternate ports to keep all their freight moving by diverting the freight from those Texas hubs to alternate ports.

According to Jesse Dobrinsky, president of Cargo Connection Logistics Corp., the Company's facilities located in Atlanta (27,500 sq ft), Miami (36,500 sq ft) and New York (80,000 sq ft) are ready as the company is prepared for what it anticipates will be significant additional volume.

"While we are hopeful our customers will avoid any major damage from the potential disaster of the magnitude of Rita, we are prepared to handle the additional volume this will, in all likelihood, create," said Dobrinsky. "Our hope is that these areas are spared any major damage but it appears that Rita is unfortunately on target to cause more devastation."

Dobrinsky said the Company's facilities are braced for the increased volume and all Cargo personnel are on 24 hour alert. He stressed that until the storm passes through there is no indication as to how long the customers will have to reroute freight originally bound for Texas destinations.

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 full-time 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 Unites 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. 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 of 1995 provides a "safe harbor" 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.


CONTACT: For Cargo Connection Logistics Holding, Inc., Inwood
Peter Nasca, 305-937-1711
pnasca@pnapr.com

SOURCE: Cargo Connection Logistics Holding, Inc.

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savvy27
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From 0.0083 to 0.0129 in 20 minutes
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savvy27
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Dropped again to 0.0114. I guess MM's having their game. Please be cautious!!
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Big Green 1
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anyone care to hazard a guess on this one? - .02 maybe?
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savvy27
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Thatz a possibility! It was at 0.02 levels less than a month ago
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clintonj
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eod: .0019 is my guesstimate

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CJ
Calls/Holds:
TWRCP-.15
WEGI(millerTIME)
PMGJ-.0601
BTEM-.60
EXCS-.029
OPBL-.4601
PGNE-.0501

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savvy27
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eod: 0.012 my guess
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Big Green 1
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Anyone care to hazard a guess for Monday?
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coolnwo
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Will go down, People simply dont belive in this company anymore. I dont even want to guess to how many shares they probably issued!!!

Its reality I hate to bring bad news just the truth. I bet you can find this trading back down Monday.

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Doctoall
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Forest we already have a thread for this stock.

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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clintonj
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more news after hours: http://www.stockhouse.com/news/news.asp?tick=CRGO&newsid=2931476 Looks for for tomorrow!!

--------------------
CJ
Calls/Holds:
TWRCP-.15
WEGI(millerTIME)
PMGJ-.0601
BTEM-.60
EXCS-.029
OPBL-.4601
PGNE-.0501

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