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Article Excerpt M2 PRESSWIRE-30 May 2008-SmallCapReview.com: Small Cap Winners - LMLG, MRVL, WIND, ITI(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30052008
Last Mile Logistics Group (OTCBB: LMLG) Trading at $0.12, Up 33%. Announced yesterday after market close first quarter revenue of $560,834, a 37% increase over 2007 first quarter revenue. This trend follows the fourth quarter 2007 revenue increase of 46% compared to the prior year. Despite the increase in fuel costs over the past twelve months, LMLG also increased its gross margin in the first quarter of 2008 by 26% to $230,207, due to the revenue growth as well as to fuel surcharge agreements with customers to offset these cost increases.
What They Do:
Last Mile Logistics Group, Inc. (LMLG) focuses on the "last mile" of delivery and related services for consumer goods, and conducts all it business operations in the Mid-Atlantic market through its subsidiary Chesapeake Logistics LLC. LMLG handles all aspects of the delivery process, including customer scheduling, delivery, assembly, and packaging removal. By outsourcing its customer...
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