Cargo Connection: Expansion groß geschrieben

Dobrinsky pointed out that many people are surprised to learn that Vietnam, with nearly 84 million people, is the 15th largest country in the world. It is larger than the United Kingdom, Germany, France and Italy.

"We were so well received by the manufacturers and forwarders in Vietnam that we are confident that we will be signing several agreements over the next few weeks," said David Quach, President of Cargo Connection Logistics - International, who was part of the Cargo Connection contingent visiting the Southeast Asian country. "We expect that our extensive seven years of experience in the fashion business, coupled with the systems we have in place to support this type of enterprise, will make this a very successful opportunity.

"We expect to formalize agreements soon with several companies in Vietnam and we will keep our stockholders abreast of these agreements as they come to fruition," Quach said.

About Cargo Connection Logistics Holding, Inc.

Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:

--  the Company's ability to increase its revenues, including by obtaining
   contacts with foreign shippers;
--  the Company's financial condition, including its ability to continue
   as a going concern;
--  the effect of the Company being in default on its indebtedness;
--  the Company's ability to raise additional capital;
--  the Company's reliance on key personnel and independent agents; and
--  the Company's vulnerability to economic and industry conditions
   

Contact:
Peter Nasca
Peter Nasca Associates, Inc.
312-421-0723 Chicago
305-937-1711 Miami

Cargo Connection Logistics - International Signs Letter of Intent With Vietnam-Based M&S VTEC Shipping



INWOOD, NY -- (MARKET WIRE) -- 06/28/06 -- Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: 217026) today announced that representatives of its wholly owned subsidiary, Cargo Connection Logistics - International, Inc. have signed their first Letter of Intent (LOI) with Vietnamese-based company, M&S VTEC SHIPPING LTD. The company will use Cargo Connection Logistics - International as its receiving agent in the United States. Cargo Connection Logistics - International believes this joint venture will begin to generate revenue almost immediately.

M&S Shipping PLC was established approximately 50 years ago in the United Kingdom and in 1995 the company was renamed M&S Shipping Group. Up until now their primary focus has been on Western and Eastern Europe. M&S VTEC Shipping LTD is a joint venture between M&S Shipping Company and the Vietnamese Government-owned garment factories.

"The Vietnamese Market will be the first of the Asian markets to begin shipping into the United States using the Cargo Connection Logistics network as its infrastructure within the United States," said David Quach, President of Cargo Connection Logistics - International. "The Vietnamese government is investing heavily into its infrastructure to promote growth. We are expecting to receive shipments that are both Less than Container Loads (LCL) and Full Container Loads (FCL). Cargo Connection Logistics expects to be a participant in all aspects of merchandise being exported from Vietnam into the United States.

"As promised, this is the first signing of an agreement of which we expect will be several more agreements over the next few weeks," said Quach, who was part of the Cargo Connection Logistics contingent that visited the Southeast Asian country earlier this year. "We expect that our extensive experience working with the fashion business, coupled with the systems we have in place to support this type of enterprise, will make this a very successful venture."

With nearly 84 million people, Vietnam is the 15th largest country in the world, larger than the industrialized nations of Germany, France, Italy and the United Kingdom.

Cargo Connection Logistics Corp. Completes DOT Inspection -- Receives Highest Possible Rating



INWOOD, NY -- (MARKET WIRE) -- 07/18/06 -- Cargo Connection Logistics Holding , Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: 217026) today announced that its wholly owned subsidiary, Cargo Connection Logistics Corp., has recently completed a Federal Department of Transportation audit. The process includes a full review of its policies and procedures with regard to driver safety, accident ratings and driver documentation.

The process comprises an in-depth review of Company records that include vehicle inspections and paperwork, driver records including driver logs, paperwork, and accidents. There are only three possible ratings a company can receive, with the best rating being "Satisfactory" which was received by Cargo Connection Logistics Corp.

"We were very thrilled that we received the highest possible inspection rating," said John Lewis Udell, Vice President of Safety for Cargo Connection Logistics. "We are extremely proud of our safety record. It could not happen without the efforts of our great group of professionals working within the department as well as our drivers. We know our safety record is yet another reason our customers place their confidence in our Company."

"As a company, the safety of the driving public is a primary concern," continued Udell. "Our drivers undergo all background checks and physicals required by law."

Jul. 19, 2006 11:14 ET Market Open
Common Stock Market : OTCBB

Last Sale $ 0.0159
Change Net / % 0.0013  8.9%
Best Bid / Ask $ 0.0158 / $ 0.0159
1y Target Est: N/A
Today's High / Low $ 0.016 /  $ 0.0146
Share Volume 3,733,358
50 Day Avg. Daily Volume N/A
Previous Close $ 0.0146
52 Wk High / Low $ 0.231 / $ 0.0017
Shares Outstanding 883,904,000
Market Value $ 14,054,073.60

Jul. 21, 2006 Market Closed
Common Stock Market : OTCBB

Last Sale $ 0.0179
Change Net / % 0.003  20.13%
Best Bid / Ask $ 0.0178 / $ 0.0179
1y Target Est: N/A
Today's High / Low $ 0.0179 /  $ 0.0146
Share Volume 19,279,053
50 Day Avg. Daily Volume N/A
Previous Close $ 0.0149
52 Wk High / Low $ 0.231 / $ 0.0017
Shares Outstanding 883,904,000
Market Value $ 15,821,881.60
P/E Ratio NE
Forward P/E (1yr) N/A
Earnings Per Share $ -0.03
Annualized Dividend N/A
Ex Dividend Date N/A
Dividend Payment Date N/A
Current Yield N/A
Beta 7.14
     

CRGO CARGO CONNECTN LGSTCS HLDG I | CRGO Portfolio Tracking Ticker Alerts News     Price Charts     Company Financials

Jul. 24, 2006 15:32 ET Market Open  Common Stock Market : OTCBB

<!-- Begin outer container table //--> <!-- Begin Summary Quote data table //--> Last Sale $ 0.0198 Change Net / % 0.0019 10.61% Best Bid / Ask $ 0.0198 / $ 0.02 1y Target Est: N/A Today's High / Low $ 0.021 /  $ 0.0175 Share Volume 61,391,961 50 Day Avg. Daily Volume N/A Previous Close $ 0.0179 52 Wk High / Low $ 0.231 / $ 0.0017 Shares Outstanding 883,904,000 Market Value $ 17,501,299.20 P/E Ratio NE Forward P/E (1yr) N/A Earnings Per Share $ -0.03 Annualized Dividend N/A Ex Dividend Date N/A Dividend Payment Date N/A Current Yield N/A Beta 7.14

As a result of this initiative, the PyMEs exporters of Costa Rica will have the opportunity to become a united front for the purpose of cooperative purchasing power with regard to buying of space and transportation. Cargo Connection Logistics - International will be the U.S. provider for this project, providing all services in the United States related to Vendor Managed Inventory, domestic transportation, distribution, and full-scope third party logistics (3PL) support. Additionally, Cargo Connection Logistics will provide general sales agents to assist in marketing the Costa Rican products.

"We are very excited to be a part of this program," said William Perry, Director of International Business for Cargo Connection Logistics - International. "Through this solution-focused program, we see immediate benefits for the more than 1,200 current PyMEs exporters from Costa Rica and the opportunity for Cargo Connection Logistics to strengthen their distribution and logistics platform with strong volume potential."

About Cargo Connection Logistics Holding, Inc.

Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have U.S. Customs Bonded Container Freight Station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. They also have a General Order Warehouse operating in New Yo

<!-- End flexbordertop100percent.inc //--><!-- Begin www here //--> CRGO CARGO CONNECTN LGSTCS HLDG I | CRGO   Last Sale: $ 0.0238 Net Change: 0.0038 19% Share Volume: 75,704,852 <!--START CHARTINGCONTENTLINK.inc--> Make chart selection changes               Order Official Time and Sales Reports               (Available only for NASDAQ stocks) <!--END CHARTINGCONTENTLINK.inc-->

"Bill has hit the ground running and the new business is flowing through our JFK facility," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holding, Inc. "He has already begun working with some of the Fortune® 500 companies based out on Long Island. Now he will begin tapping into relationships around the Country to help introduce them to the quality services that our Company provides."

"Cargo Connection Logistics Corp.'s reputation with United States Customs and their professional Customer Service agents have made our customers feel as though they have been doing business with Cargo Connection Logistics for years," added O'Connell. "While JFK was has been the primary target to initiate new business, having facilities around the Country is a very helpful and attractive sales tool that is already being well received by many of my long-time industry contacts who appreciate the concept of utilizing Cargo Connection Logistics Corp. as a single-source solution for their logistics needs."

„Hat Rechnung den Bodenlauf geschlagen und das neue Geschäft fließt unseren JFK Service durch,„sagte Jesse Dobrinsky, Präsident und CEO der Ladung-Anschluß-Logistik-Holding, Inc.„Er hat bereits angefangen, mit etwas von dem Fortune® 500 Firmen zu bearbeiten, die heraus auf Long Island basieren. Jetzt fängt er an, in Verhältnisse um das Land zu klopfen zur Hilfe vorstellt sie zu den Qualitätsdienstleistungen, die unsere Firma voraussetzt.„ „Cargo Connection Logistics Corp.'s Renommee mit Vereinigte Staaten Gewohnheiten und ihre professionellen Kundendienstmittel haben unsere Kunden Gefühl gebildet, als wenn sie Geschäft mit Ladung-Anschluß-Logistik für Jahre getan haben,„addiertes O'Connell. „Während JFK war, ist das Primärziel gewesen, zum des neuen Geschäfts einzuleiten, Service um das Land zu haben ist ein sehr nützliches und attraktive Verkäufe bearbeiten, das bereits gut durch viele meiner langfristigen Industriekontakte empfangen wird, die das Konzept des Verwendens von Cargo Connection Logistics Corp. schätzen. als Einzelnquellenlösung für ihre Logistik .

Quach sagte, daß die neuen Angestellten zweisprachig sind und nicht nur Kundendienst für die Verlader zur Verfügung stellen werden,aber stellt auch die notwendige Dateneingabe in Zustand der Ladung-Anschluß-Logistik - von - das - kunstInformationssystem zur Verfügung. Diese Informationen erlauben Verlader und Empfängern, vollen Anblick ihrer Ladung zu haben, von der Aufnahme in Vietnam durch Anlieferung in den Vereinigten Staaten. „Während dieses der Anfang von Betrieben übersee gerecht ist, wir verwenden dieses als das Modell für öffnung Büros in anderen Positionen, die „Note zeigt“ für unsere Ladung um die Welt sind,„sagte Quach.
„Mit dem Versorgungsmaterial-Kette Management, das verfeinerte so ein Geschäft, wie es, wird ist, die Bewegung der Informationen ist so wichtig wie die Bewegung der Ladung,„sagte Jesse Dobrinsky, CEO der Ladung-Anschluß-Logistik-Holding, Inc. „Diese Investition in Vietnam versieht unsere Kunden mit den Werkzeugen, die sie ihre Geschäfte leistungsfähig laufen lassen müssen.

die weitere Kursentwicklung dürfte weiter nach Norden zeigen. Die Kurse ziehen nach einer Verschnaufpause wider an. Der MACD Indikador dreht wider nach oben und was am aller wichtigsten scheint, der Verlauf der 200 Tage Linie dreht nach oben.
Die neue Positionierung des Unternehmens im asiatischen Raum läst auf steigende Umsätze hoffen. Erste Aufschlüsse darüber werden die anstehenden Quartalszahlen geben.

MfG Lavati

"While we are very pleased that we continue to increase revenues from our trucking operations, we are also optimistic about the potential for our newest subsidiary, Cargo Connection Logistics - International," said Jesse Dobrinsky, President of Cargo Connection Logistics Holding, Inc. "We've already begun shipping goods from Vietnam and more recently have begun to take the first step in a very bold trade initiative with Costa Rica. Our next target is China, where we will be taking a very strategic approach to the entire Pacific Rim. We recognize that there is huge potential in that part of the world, but we want to be assured that we derive the greatest benefit from the relationships we have begun to develop."

"As stated, June and July were record months for the Company and if the economy continues on its current track, we are on track to have a record year," added Dobrinsky.

The complete six month and three month financial report for the period ending June 30, 2006, can be found in the Company's most recent 10-QSB filing with the SEC.

                                              -------------    -------------    -------------    -------------
Operating revenue:
    Direct revenue                            $   7,700,928    $   6,758,987    $   4,056,727    $   3,302,309
                                              -------------    -------------    -------------    -------------
          Total operating revenue                 7,700,928        6,758,987        4,056,727        3,302,309
                                              -------------    -------------    -------------    -------------
Operating expenses:
    Direct operating expenses                     5,266,923        4,776,553        2,760,979        2,365,207
                                              -------------    -------------    -------------    -------------
          Total operating expenses                5,266,923        4,776,553        2,760,979        2,365,207
                                              -------------    -------------    -------------    -------------
Gross profit                                      2,434,005        1,982,434        1,295,748          937,103
                                              -------------    -------------    -------------    -------------
Indirect operating expenses:
    Selling                                          76,658          173,521           27,369          128,785
    General and administrative                    3,624,904        3,196,467        1,466,479        1,470,602
                                              -------------    -------------    -------------    -------------
          Total indirect operating expenses       3,701,562        3,369,988        1,493,848        1,599,387
                                              -------------    -------------    -------------    -------------
Loss from operations                             (1,267,557)      (1,387,554)        (198,100)        (662,285)
                                              -------------    -------------    -------------    -------------
Other income (expense)
    Interest income                                     329              171              276               36
    Interest expense                             (1,133,888)        (344,101)        (287,101)         (92,426)
    Rental income                                    52,750           82,200           37,750           43,350
    (Loss) gain on derivative market
    price adjustments                            (1,532,969)         268,120         (242,581)         268,120
    Loss from debt extinguishment                      (938)              --             (938)              --
    Other income (expense)                             (135)          (1,183)            (135)          21,221
                                              -------------    -------------    -------------    -------------
          Total other income (expense)           (2,614,851)           5,207         (492,729)         240,301
                                              -------------    -------------    -------------    -------------
Net loss                                      $  (3,882,409)   $  (1,382,347)   $    (690,829)   $    (421,984)
                                              =============    =============    =============    =============
Net loss per share                            $      (0.005)   $      (0.005)   $      (0.001)   $      (0.001)
                                              =============    =============    =============    =============
Weighted average number of common
   shares used in the net loss per
   share calculation                            720,369,142      291,876,057      833,319,950      294,048,566
                                              =============    =============    =============    =============




See accompanying notes to the condensed consolidated financial statements


--------------------------------------------------

CARGO CONNECTION LOGISTICS HOLDING, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET
June 30, 2006
(UNAUDITED)

                                     ASSETS

Current Assets
   Cash                                                                        $   255,566
   Cash - escrow with factor                                                       221,314
   Cash - escrow with attorney                                                      35,764
   Accounts receivable, net of allowances for doubtful accounts of $ 451,903       569,594
   Due from factor                                                                 706,487
   Prepaid expenses                                                                 42,765
                                                                               -----------
Total current assets                                                             1,831,490
                                                                               -----------
Property and equipment, net of accumulated depreciation of $1,331,367              392,189
Due from officers                                                                   10,596
Security deposits                                                                   85,363
                                                                               -----------
Total Assets                                                                   $ 2,319,638
                                                                               ===========

                   LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current Liabilities
   Accounts payable and accrued expenses                                       $ 3,089,373
   Financial instrument liability                                                4,764,124
   Current portion of convertible notes payable                                     25,000
   Current portion of notes payable                                                171,815
   Current portion of capital leases payable                                        25,982
   Current portion of secured debenture - management                                55,891
   Due to related parties                                                          842,251
   Due to officers                                                                       0
   Due to others                                                                 1,155,000
   Security deposits and escrowed funds                                             37,635
                                                                               -----------
Total current liabilities                                                       10,167,071
                                                                               -----------
Long term portion of capital leases payable                                          7,761
Long term portion of notes payable                                                  36,842
Long term portion of convertible notes payable                                      22,198
Long term portion of secured debenture                                             244,113
Deferred rent                                                                    1,080,161
                                                                               -----------
          Total Liabilities                                                     11,558,146
                                                                               -----------

Commitments and contingencies

Stockholders' Deficiency
  Series III convertible preferred stock,
  par value $1.00 - authorized
  500,000 shares, 265,000 shares issued and
  outstanding (liquidated value of $265,000)                                       265,000
  Series IV convertible preferred stock,
  par value $1.00 - authorized 600,000 shares,
  517,500 shares issued and outstanding
  (liquidation value $517,500)                                                     517,500
  Common stock, par value $.001 - authorized
  5,000,000,000 shares, 833,903,741 shares
  issued and outstanding                                                           833,901
  Additional paid in capital                                                     1,271,527
  Deferred offering costs                                                          (10,000)
  Accumulated deficit                                                          (12,116,436)
                                                                              ------------
          Total Stockholders' Deficiency                                        (9,238,508)
                                                                              ------------
Total Liabilities and Stockholders' Deficiency                                $  2,319,638
                                                                              ============

„Die Periode stellt vom Juni 2005 bis Juni 2006 unser erstes volles Jahr als Aktiengesellschaft dar,„sagte Scott Goodman, Finanzleiter der Ladung-Anschluß-Logistik-Holding, Inc. „Offenbar haben wir die bedeutenden zugelassenen und finanziellen Befolgungausgaben angetroffen, die mit Sein eine öffentliche Körperschaft verbunden sind.„Offenbar haben wir die bedeutenden zugelassenen und finanziellen Befolgungausgaben angetroffen, die mit Sein eine öffentliche Körperschaft verbunden sind. Jedoch, Management fährt fort, mit Sorgfalt zu arbeiten, um zu bleiben gefällig mit den sek Regelungen und fortzufahren, Einkommen zu erhöhen, besonders in den Einkommen Strömen, die möglicherweise höhere Gewinnspannen haben,welches helfen sollte, die Belastung dieser verbundenen Kosten zu verringern.„
„, während wir sehr erfreut sind, denen wir fortfahren, Einkommen von unseren tauschenbetrieben zu erhöhen, wir sind auch über das Potential für unsere neueste Tochtergesellschaft optimistisch,Ladung-Anschluß-Logistik - international,„sagte Jesse Dobrinsky,  „Wir haben bereits angefangen, Waren von Vietnam zu versenden und vor kurzem haben angefangen, den ersten Schritt in einer sehr fetten Geschäftsinitiative mit Costa-Rica zu unternehmen. Unser folgendes Ziel ist China, wo wir ein sehr strategisches nehmen werden, nähern Sie sich zum gesamten pazifischen einfassen.  Wir erkennen, daß es sehr großes Potential in diesem Teil der Welt gibt, aber wir möchten versichert werden, daß wir größte von den Verhältnissen profitieren, die wir angefangen haben uns zu entwickeln.„ „, wie angegeben, Juni und Juli waren Rekordmonate für die Firma und wenn die Wirtschaft auf seiner gegenwärtigen Schiene fortfährt, wir sind auf der Schiene zum Haben ein Rekordjahr,„addiertes Dobrinsky.

Während wir jeder Interesse an der pazifischen Kante schätzen, Management wird auf das Überprüfen gerichtet, ob die Firma richtig bis zum Handgriffgeschäft von dieser Region eingestellt wird. Weil wir so überzeugt sind, daß dieser Bereich schließlich eine bedeutende Menge des Geschäfts für die Firma darstellt, wir müssen versichert werden, daß das wir in der kompletten Befolgung aller inländischen und internationalen Regelungen sind. Dieses ist ein langwieriger Prozeß und ist unterwegs. Selbstverständlich, während wir durch diesen Prozeß arbeiten, wir setzen unsere Bemühungen fort, Aktionärwert zu verbessern, indem wir nach unserer inländischen Grundlage errichten. Das Betätigen der Gelegenheiten für die Firma schließen ein: Joint Ventures; Ladung-Anschluß-Logistik fangen Büros auf; Unternehmensberatung Verträge; Freihandelzonen; und Verdichtung- und deconsolidation-Service (inländisch und international).
Wir erkennen, daß unsere Bemühungen in der pazifischen Kante vom großen Interesse zu unseren Aktionären sind. Die Firma bemüht, Sie zu halten benachrichtigt vom Fortschritt, den es bildet und mit den Verhältnissen haben wir eingeleitet. Als Teil dieses Prozesses, lassen Sie mich Sie informieren, daß wir Gebäude sind, was wir sind eine „ALL-STAR“ Management-Mannschaft glauben, zum zu helfen, die Firma und seine Aktionäre zu wachsen und zu schützen. . Das neueste Teil dieses Gebäudeprozesses war die Hinzufügung der Raymond Jagd als Mitglied der Managementmannschaft. Es ist allgemeine Geschäft Richtung, der, um eine erfolgreiche Firma zu haben wir eine große Managementmannschaft haben müssen. Wir verstehen, daß dieses und es aus diesem Grund ist, den wir froh sind, daß Strahl damit einverstanden gewesen ist, unsere Bemühungen im Namen der Firma anzuschließen.
Während dieser Periode können wir unsere Aktionäre mit konkreten auf Tatsachen beruhenden Informationen nur versehen. Jede mögliche andere Freigabe oder Vermutung würden Vorwärts schauen und gegen sek Praxis sein. Wir würden nichts mehr als, über alle Bereiche zu sprechen lieben, die wir z.Z. ausüben; jedoch, es würde zu unseren sek Archivierungen schädlich sein und durch direkte Verbindung seien Sie zu unseren Aktionären schädlich. Ich schätze jeder Interesse und Wunsch nach Nachrichten, aber wir müssen gefällig sein.
Wie Ihr Vorsitzender, den ich unseren loyalen Aktionären für ihr anhaltendes Vertrauen und Unterstützung danken möchte. Ich versichere Ihnen, daß wir so stark wie überhaupt arbeiten und wie durch unsere fortfahrenden verbesserten finanziellen Resultate gezeugt, wir sehen die Resultate jener Bemühungen.
Jesse Dobrinsky, Vorsitzender u. CEO
über Ladung-Anschluß-Logistik-Holding, Inc.

Spannung steigt. Im Vorfeld, der Quartalszahlen,sind gestern die Umsätze schon einmal angezogen. Da diese im laufe des Tages kommen sollen, kann man mal wieder näher hin schauen.

eine Ankündigung für den 14.11.2006 erfolgte durch den CEO von Cargo. Hoffentlich ist die Umsatzentwicklung zuverlässiger als die Aussage über die Veröffentlichung der Q3 Zahlen.

www.cargocon.com/

Quarterly Revenues Increase by More Than 35 Percent -- Company On Track for Record Year


INWOOD, NY -- (MARKET WIRE) -- 11/20/06 -- Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: CD6) (FRANKFURT: 217026) today reported recorded revenues for the third quarter ended September 30, 2006. Revenues for the quarter were $5.270 million compared to revenues of $3.830 million from the same period last year, a 37.5 percent increase.

Revenues for the nine months ended September 30, 2006 were $12.975 million up 22.4 percent from the same period of 2005.

"As the result of the continued growth of our domestic business aided by the addition of some of the best senior management in our sector, we continue to build top line revenue," said Scott Goodman, Cargo Connection Logistics Holding, Inc. CFO. "While this represents the core of our business we are, as previously stated, aggressively pursuing international opportunities specifically in the Pacific Rim. In fact, Company Chairman and CEO, Jesse Dobrinsky, has been in China for the past week and a half working diligently to bring to fruition developing relationships."

Goodman said that if the current trends continue, the Company is on track for a record year.

Complete financial results can be found in the Company's most recent 10-QSB filing.

Als Prozentsatz des Einkommens, die Abnahme $1.025.375 am Betriebsverlust stellt eine ungefähre 45% Verbesserung während der neunmonatigen Periode dar, die mit 2005 verglichen wird.

UTEK Completes Technology Transfer to Cargo Connection Logistics Holding, Inc.
UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK) a specialty finance company focused on technology transfer, and Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO) (Berlin:CD6.BE) (Frankfurt: CD6.F & 217026), a world trade logistics company, today announced that Cargo Connection Logistics Holding, Inc. has acquired Nuclear Material Detection Technologies Inc., a wholly owned subsidiary of UTEK Corporation, in a stock transaction.

Nuclear Material Detection Technologies contains an exclusive license for a nuclear material detection technology developed by researchers at the U.S. Department of Energy's Savannah River National Laboratory. The technology is a lightweight, portable system for rapid detection of nuclear materials in sealed containers without the use of x-rays. Using portable sensors, the system may be moved between stacked shipping containers on cargo ships to detect radiation levels.

Jesse Dobrinsky, Chief Executive Officer of Cargo Connection Logistics Holding, Inc., said, "Cargo Connection is enthusiastic about the potential of this technology to detect radioactive materials in transport."

"UTEK is pleased to consummate this technology transfer with Cargo Connection Logistics Holding, Inc.," said Andrew Frost, Manager of Technology Licensing at UTEK Corporation.

About the Washington Savannah River Company

In a letter to shareholders, Mr. Dobrinsky stated; "This technology will not only help Cargo Connection Logistics protect its facilities and employees, but will assist us in our ultimate goal to assist in the protection of our country's ports and borders. Clearly port and border security is one of the most critical issues facing our Country, and we believe that the development of this product could not come at a more opportune time. A secondary goal is to extend this technology to airport security"



Mr. Dobrinsky went on in the shareholder letter to say; "Obviously, as a shareholder, you are probably concerned with how this fits into our ongoing business model. Our immediate goal is to get this technology to market, and we believe that the potential is enormous. Moreover, since we have very good relationships with the Department of Homeland Security -- United States Customs and Border Patrol, we're confident we can effectively accomplish this with existing personal and limited financial resources."



When asked about the revenue expectations of this new subsidiary Mr. Dobrinsky noted; "It is premature to state what the expectation for the company is. What we do know is there is over 2 billion dollars in grants available over the next five years for just this kind of technology from the United States Government."



When asked what is next for the company Mr. Dobrinsky told Knobias; "The Company continues to seek opportunities that will be both accretive for the shareholders and constructive for the company. We live in the international cargo arena. Our business is sensitive to economic conditions. Diversification into different areas will leave the company less vulnerable to the economic environment."

CARGO CONNECTION LOG (OTC BB CRGO.OB)

Letzter Kurs: 0,007 $ Kurszeit: 19:25 Veränderung: #008800">0,001 (16,67%) Letzt. Schlußk: 0,006 Eröffnungskurs: 0,006 Geldkurs: 0,006 x 50 Briefkurs: 0,007 x 50 Kursziel 1J: N/A

Tagesspanne: 0,006 - 0,007 52W Spanne: 0,01 - 0,11 Volumen: 819.736 Ø Volumen: 727.954 Mkt. Kap.: 6,23 Mio KGV (ttm): N/A EPS : -0,013$ DpA: N/A

1T  5T  3M  6M  1J  2J  5J

"The one thing we've learned over the past eight months is that doing business in the Pacific Rim is very heavily based upon relationships and trust and obviously, that is not something that is done quickly," Dobrinsky said. "We continue to build these relationships and during this upcoming year we expect that we will begin to see the fruits of our labor.

"On another positive note about 2007, we believe the acquisition of the RadRope(TM) Portable Nuclear Material Detection System will help diversify us into new, but associated markets," said Dobrinsky. "We will be presenting this technology over the next 60 days to key government and industry representatives. As this information develops we will keep you, our shareholders, advised.

"Since we've received a number of inquiries from shareholders concerning the release of information, it is important to note that we are strictly adhering to the edicts of all regulatory bodies and complying with everything required to maintain our good standing with these various agencies," Dobrinsky said. "This includes not jeopardizing our current registration statement by not making forward-looking statements. What we announce must be based on fact, not conjecture. We know that our shareholders want us to release news on a more frequent and regular basis. We can and will only release news that is factual and has a direct impact on the company."

About Cargo Connection Logistics Holding, Inc.

Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They also have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:

-- the Company's ability to increase its revenues, including by obtaining
  contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue as
  a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions.


Contact:
Peter Nasca
Peter Nasca Associates, Inc.
312-421-0723 Chicago
954-473-0677 Ft. Lauderdale

According to Goodman, Cargo Connection Logistics will store and transport Rexam's raw materials, which will supply its manufacturing line in Bensenville, and then pick up finished merchandise and hold those goods for distribution.

"We are very excited about this new opportunity and we are quite proud that Rexam has chosen Cargo Connection Logistics as its primary warehouse/logistics vendor for this new operation," said Goodman.

Goodman went on to state that this new business will occupy approximately 50 percent of the space that was available in Cargo Connection Logistics' Chicago facility and will bring the operation to a new level in the supply chain.

"What is particularly gratifying is that by venturing into this operation, Cargo Connection Logistics has once again proven its ability to diversify into all areas of the third party logistics business," said Goodman. "This is part of our core business and we will continue to explore all avenues to grow our existing enterprise while seeking ways in which we can further diversify and expand from this solid base."

About Cargo Connection Logistics Holding, Inc.

Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have U.S Customs Bonded Container Freight Station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. They also have a General Order Warehouse operating in New York.

Cargo Connection Logistics' website is www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:

--  the Company's ability to increase its revenues, including by obtaining
   contacts with foreign shippers;
--  the Company's financial condition, including its ability to continue
   as a going concern;
--  the effect of the Company being in default on its indebtedness;
--  the Company's ability to raise additional capital;
--  the Company's reliance on key personnel and independent agents; and
--  the Company's vulnerability to economic and industry conditions
Press information at: www.cargocon.com/headlines.html

Contact:
Peter Nasca
Peter Nasca Associates, Inc.Ft. Lauderdale 954-473-0677
Chicago 312-421-0723
SOURCE: Cargo Connection Logistics Holding, Inc.

Copyright 2007 Market Wire, All rights reserved.

 

Cargo hab ich längst von meiner Pennystock Watch List gelöscht.
Das Unternehmen taucht immer wieder irgendwo als spekulative Kaufempfehlung gepaart mit scheinbar positiven News auf,nur tut sich überhaupt nichts.
Im Gegenteil rauscht der "Kurs" immer weiter runter,Cargo Connection ist schon nicht mehr als Pennystock zu bezeichnen,eher eine Art "Nano Cap".
Man kann nur warnen in diesen wert Geld zu stecken,sorry....