PHOENIX, Oct. 8, 2013 (GLOBE NEWSWIRE) -- PTA Holdings, Inc. (OTC Pink Sheets:PTAH) a multi-faceted transportation group providing a broad array of traditional transportation and management services, announced today that its Trucking & Broker Operations had positive operating results compared to 3rd Quarter 2012.
Mr. Timothy Norton, V.P. stated "We have seen continuing revenue increases for our trucking and brokerage operations during our 3rd quarter tracking closely to that of our 2nd quarter. We continue to benefit from better utilization of equipment, addition of direct customers shipping and seasonal adjustments for produce moving from southern areas into the Midwest. It is our plan to add additional tractors and trailers before year end to position the company for continued growth in 2014. We expect to release our 3nd quarter results later in October."
About PTA Holdings, Inc. (OTC Pink Sheets:PTAH) Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and management services to the trucking industry.We offer logistics solutions through our Kingsley Consulting Group. Our highly experienced team of industry trained professionals bring a myriad of competencies beyond pure transportation, including manufacturing, engineering, process management, and software customization, and implementation experience. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.
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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.