Transportation and Logistics Systems (OTCMKTS:TLSS) Stock Gains Momentum After Business Update

After the company came up with a key update yesterday, it could actually be a good time for investors to consider taking a look into Transportation and Logistics Systems (OTCMKTS:TLSS) a bit more closely.

TLSS Chairman Provides Business Update

The update was provided by Sebastian Girodano, who is the Chief Executive Officer and Chairman of the company. In the updates provided yesterday, the company noted that 2022 had been a breakthrough year for Transportation and Logistics Systems and then went on provide the highlights. The company had managed to expand its board of directors and thereby boosted its corporate governance situation.

The company also managed to enhance its executive management team in the areas of operations, finance and human resources. On the other hand, 2022 also marked the year in which the company completed the acquisitions of JFK Cartage and New Jersey based Freight Connections.

Last but not the least, the company had also been successful in commencing a number of integration initiatives and on top of that it had also negotiated a pair of acquisition opportunities. In light of these announcements, it is going to be interesting to see if the Transportation and Logistics Systems stock experiences any traction from among investors or not.

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