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NEXT10, INC. Profitable and positive August, 2020

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Ultimate Holdings Corporation (NXTN) announced significant expansion in August 2020, adding three semi-tractors, five refrigerated trailers, and two dry van trailers to its fleet, totaling 83 semi-tractors and 95 refrigerated trailers. The company also welcomed four new drivers, aiming for over 100 by the end of 2021. Additionally, UHC's subsidiary, Ultimate Logistics, LLC, achieved its highest gross revenue month in August, reinforcing the company's positive growth trajectory.

Positive
  • Acquisition of three new semi-tractors and multiple trailers, enhancing fleet capacity.
  • Ultimate Logistics reported highest gross revenue month in August 2020.
  • Addition of new drivers supports growth and operational capacity.
Negative
  • None.

LAS VEGAS, Sept. 2, 2020 /PRNewswire/ -- Ultimate Holdings Corporation, (Next10, Inc., dba Ultimate Holdings Corporation), (USOTC PINK: NXTN), ("UHC"), is pleased to announce that during the month of August, 2020, UHC expanded their fleet. Three new semi-tractors, five new 53' refrigerated trailers, and two dry van trailers were purchased. UHC now has 83 newer model semi-tractors and 95 newer model 53' refrigerated trailers in their fleet.

Four new drivers also joined The Ultimate Team during August. UHC's goal is to have more than 100 drivers on board by the end of 2021.

UHC's recently acquired subsidiary, Ultimate Logistics, LLC, had their highest gross revenue month August, 2020.  Thanks to the amazing work and efforts by The Ultimate Team, the company continues to grow and have a positive and profitable bottom line.

UHC is a unique, one-of-a-kind, one-stop shop. UHC handles everything you can possibly imagine pertaining to being an over-the-road truck driver, (who owns his/her company), except driving the semi-tractor. 

The grass is as green as it gets in the trucking industry at UHC.

CONTACT:
info@ultimateholdingscorp.com
https://www.ultimateholdingscorp.com 
+1-612-386-0606 

Safe Harbor Statement: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 

Cision View original content:http://www.prnewswire.com/news-releases/next10-inc-profitable-and-positive-august-2020-301123175.html

SOURCE Ultimate Holdings Corporation

FAQ

What is the fleet expansion update for Next10, Inc. (NXTN)?

In August 2020, Next10, Inc. (NXTN) expanded its fleet by adding three new semi-tractors and several trailers.

How did Ultimate Logistics perform in August 2020?

Ultimate Logistics, a subsidiary of Next10, Inc. (NXTN), reported its highest gross revenue month in August 2020.

What is the driver recruitment goal for Ultimate Holdings Corporation (NXTN)?

Ultimate Holdings Corporation (NXTN) aims to have more than 100 drivers by the end of 2021.

What are the total numbers of semi-tractors and refrigerated trailers in UHC's fleet?

UHC currently has 83 semi-tractors and 95 refrigerated trailers in its fleet.

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United States of America
Placentia