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  September 5, 2001
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Home > Company Index > Transportation > Logistics & Other Transportation Service > Target Logistics, Inc.

Target Logistics, Inc.
OTC: TARG
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 PROFILE
Call it a moving target. Target Logistics provides freight-forwarding services through subsidiary Target Logistic Services. The company arranges for freight transport -- from shipper to recipient -- and provides services that include shipping documentation, arranging insurance, packaging, bulk cargo assembly, and warehousing. Target Logistics, which has terminals in 11 US cities, focuses on freight weighing more than 50 lbs. and requiring second-day delivery. It uses independent contractors for the actual cargo transport. Target Logistics has boosted its shipping services for entertainment equipment by acquiring Vandair (film set cameras). Investment concern TIA owns 62% of the company.

 COMPETITION
BAX Global Inc. (dossier)
CNF Inc. (CNF)
EGL, Inc. (EAGL)

 DEALS
Deal: Target, E-Trade to Launch Site
Date Announced: 08.24.00
Value of transaction (US $Mil): 0
Description: Discount retailer to launch co-branded site with online trading company.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 84.10
1-Yr. Sales Growth: 9.3%
Employees: 195
Revenue per employee: $431,282.05

 KEY PEOPLE
• Stuart Hettleman
    CEO
• Philip J. Dubato
    CFO

 CONTACT INFO
112 E. 25th St.
Baltimore, MD 21218
US
Phone: 410-338-0127
Fax: 410-338-1105
Online: Web Site

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