PTA Holdings Inc. Enters Produce Hauling Market & Improves
Loaded Mile Efficiency
PHOENIX, March 25, 2013 /PRNewswire/ -- PTA Holdings,
Inc. (OTCPink: PTAH) through its subsidiary Nortford, LLC announced
today that it has begun serving the produce industry by
transporting perishable food products from the Southern markets
into various locations in the Midwest. The entry into
this business segment will help ensure proper utilization of the
company fleet of refrigerated trailers and increase the company's
rate per mile performance. Utilization of operating over the road
equipment produces more revenue pay per mile which is the key to a
motor carrier's success.
Matt Spafford, President was quoted
saying, "We continually monitor the business to build customer
traffic and ensure proper fleet utilization to reduce the effect of
empty miles. Perishable food products in general continue to
provide a strong segment of the transportation market and move at
higher rates. As the company begins servicing customers in
different geographic areas, our utilization rates will continue to
rise and provides better balance for our egg shipments," Spafford
added.
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.
For more information, visit
http://www.ptaholdings.net Telephone (877)-636-4520
Investor Relations Contact: ir@ptaholdings.net
SOURCE PTA Holdings, Inc.