Transportation & Logistics Systems, Inc.

Transportation and Logistics Systems, Inc. operates as a publicly traded holding company that formerly engaged in asset-based logistics and freight transportation operations through multiple operating subsidiaries. Prior to shutting down operational activities, the business delivered freight management solutions that included e-commerce order fulfillment, two-person residential deliveries, final-mile transport, mid-mile distribution, and long-haul trucking. Commercial freight services also featured pickup and warehousing logistics, consolidation, local cartage, and less-than-truckload trucking. The enterprise served various freight shippers, online merchants, and corporate transportation clients.

Operating facilities previously included warehouses and distribution hubs situated across New York, New Jersey, Connecticut, and Massachusetts, alongside regional less-than-truckload distribution networks throughout the New England territory. Operating subsidiaries ceased active logistics and shipping operations in February 2024. The corporate parent maintains its principal executive headquarters in Montvale, New Jersey.

Summary of the business section of Transportation & Logistics Systems's latest annual report, written by StockData.

“As of the date of this Annual Report, we only have one employee who serves as our Chief Executive Officer and Chief Financial Officer.”