Cougar Express: Transportation & Logistics Systems: TLSS Acquires JFK Cartage, Inc.

Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a logistics service provider, announced today, that through its wholly-owned operating subsidiary, Cougar Express, Inc. ("Cougar"), it closed on its stock purchase agreement ("SPA") by acquiring 100% of the outstanding stock of JFK Cartage, Inc. ("JFK Cartage") located in Inwood, New York on August 4, 2022, with an effective date of July 31, 2022.