Article: Target Logistics, Inc. Announces Fiscal First Quarter Results.

Business Editors

BALTIMORE--(BUSINESS WIRE)--Nov. 13, 2000

Target Logistics, Inc. (OTC BB: TARG) announced today results for the first fiscal quarter ended September 30, 2000.

Operating revenues for the quarter increased to $21,380,041, compared with $19,076,518 reported in the first quarter of fiscal 2000. The Company reported a net loss for the fiscal first quarter of $(317,266), or $(0.03) per basic and diluted share, compared with a net loss of $(237,279), or $(0.03) per basic and diluted share reported for the first quarter of fiscal 2000.

The Company reported that earnings before interest, taxes, depreciation and amortization ...

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