2005

PWRI -Power2Ship Achieves Record Sales: $8.2 Million in First Quarter of Fiscal year

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BOCA RATON, Fla.–(BUSINESS WIRE)–Oct. 11, 2005–Power2Ship, Inc. (OTCBB:PWRI – News), the provider of a Logistics, Web-based, Collaborative Marketplace for the freight transportation industry and related Homeland Security programs, reported gross revenue of approximately $8.2 million for the quarter ended September 30, 2005, an increase of approximately $7.5 million from $0.7 million in same quarter of […]

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Power2Ship and ShipLogix sign partner agreement creating strategic alliance

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Power2Ship, a web-hosted collaborative truckload transportation exchange, and ShipLogix, a software company that provides web-hosted Transportation Management Solutions, announced today that they have formed a strategic alliance to create mutual sales opportunities and enhance business potential. Richard Hersh, Power2Ship’s Chairman and Chief Executive Officer, commented, “We are pleased to offer our Power2Ship Member Shippers and

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Power2Ship Joins TIA to Help Enhance Its Position in the Transportation & Homeland Security Programs Worldwide

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BOCA RATON, Fla.–(BUSINESS WIRE)–Aug. 18, 2005–Power2Ship, Inc. (OTCBB:PWRI) a Logistics Web-based Collaborative Marketplace for the freight transportation industry and related Homeland Security programs, announced that it has completed the application process and become a member of the prestigious Transportation Intermediaries Association (TIA) based in Alexandria, VA. TIA is the United States representative for the International

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L3 and Power2Ship to Collaborate

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Power2Ship Inc. announced their collaboration with L-3 Communications on a solution for secure and efficient container transportation worldwide. This solution is targeted to meet the recent Department of Homeland Security objective outlined by Secretary Chertoff for supply chain security. Chertoff, in discussing the Department’s focus, recently stated, “DHS must base its work on priorities driven

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Power2Ship Buys CXT

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Power2Ship Inc., a technology company that provides supply-chain tracking and logistics information to trucking companies, said it purchased truckload carrier Commodity Express Transportation for an undisclosed sum. CXT’s fleet consisted of 75 tractors and 220 trailers and covers the southeastern United States, Power2Ship said in a statement. Power2Ship also said it bought a 137,000-square-foot distribution

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Power2Ship acquired GFC

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Power2Ship Inc., Boca Raton, Fla., has acquired GFC, a container carrier company that had sales in excess of $6 million in 2004. Power2Ship operates MobileMarket, a web-based collaborative marketplace for freight transportation. In its press release, the company said the acquisition of GFC will enable Power2Ship to conduct container beta testing with defense companies while

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