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Posted On: 06/25/2013 9:21:13 AM
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Posted By: fitzkarz

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PTA Holdings, Inc. Expands Iowa Fleet With Addition of Tractors Scheduled for 2013

http://at.marketwire.com/accesstracking/Acces...urceType=1

PHOENIX, AZ -- (Marketwired) -- 06/25/13 -- PTA Holdings, Inc. (OTC Pink: PTAH) through its Iowa subsidiaries, previously announced that its second quarter revenues are projected to be significantly higher than revenues for the same period of 2012.


We have recently added 4of 10 power units as scheduled for the expansion of our Eggspress trucking operation to handle expanded business from our customer base in 2013. "The addition of these 4 tractors alone are expected to provide another $900,000.00 in annual revenues while improving our customer service ratio and keep us on track to meet our projections for 2013," stated Tim Norton, VP of PTA Holdings, Inc. According to American Trucking Association (ATA) statistics, motor carriers collected $603.9 billion or 80.9% of total revenue earned by all transport modes and as the economy continues to improve the trend is expected to continue.


About PTA Holdings, Inc.


Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and management services. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.


Notice on Forward-Looking Statements:


This news release includes forward-looking statements regarding PTA Holdings, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. Forward-looking statements speak only as of the date on which they are made and PTA Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.


Contact:
Investor Relations Contact: ir@ptaholdings.net
Or
Premier Media Service Inc.
Kelly Black
866-465-6551
info@premiermediaservice.com





Source: Marketwired (June 25, 2013 - 8:30 AM EDT)

News by QuoteMedia


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