Optimized Transportation Management, Inc. (OPTZ.OB) Announces Signing of Letter of Intent with Griffin Transport, Inc.
Optimized Transportation Management, Inc., a full-service supply chain logistics company that helps businesses manage, execute and optimize their global supply chain strategies, recently announced that the company has signed a letter of intent to merge with Griffin Transport, Inc., a global supply chain company. Griffin Transport provides a diverse mix of logistics services throughout the world and generated approximately $20 million in gross revenue. Commenting on the merger, Larry Berry, chief operating officer of Optimized Transportation Management, stated, “The addition of Griffin to our company will allow us to expand our services in warehousing, sub-assembly business, and provide us with…