Considered to be a leader in the world of trade logistics, Cargo Connection Logistics Holding, Inc. provides transportation logistics for shipments imported into and exported out of the United States, with service areas throughout the United States and North America. The Company currently provides a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. It also operates a bonded General Order warehouse in New York and Container Freight Station operations, which are specifically designed to handle internationally arriving freight for major retail suppliers through its facilities in Florida, Georgia, Illinois, New York and Ohio.
The company offers many different services which includes door to airport service, local customer service, low billing options, cargo insurance and next day service to many destinations to name a few. A full list of services is available on the company’s website.
Over the past few years Cargo Connection has continued to build their management team and grow their business. The Chief Executive Officer and Director Jesse Dobrinsky has been an entrepreneur all of his life and has watched a few of his startup companies top sales in the millions of dollars. The company is also actively looking to expand its fleet with safe, courteous, and professional drivers. With facilities and personnel in place, the company is strategically preparing to handle every major International Gateway.
In efforts to improve the company’s financial condition, Cargo Connection has converted an $800,000 short-term obligation with Emplify HR Services, Inc. into a four-year secured promissory note, which is guaranteed by certain of the Company’s subsidiaries. The Company said this move will both enhance its balance sheet and free up additional working capital. Cargo Connection has also eliminated more than $1 million in current liabilities by terminating its lease in Chicago with Underwing International for its 92,000 sq. ft. Chicago facility and leased the facility directly from the owner.
In recent trading sessions Cargo Connection Logistics Holding Inc traded up 11% and has been noted among prospective companies that need to be closely examining due to their recent news and trading patterns.
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