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Dec 13, 2010

PURCHASE PROSPECT * USA - Austin logistics firm plans 60-truck expansion

Austin,TX,USA -Austin Business Journal -December 10, 2010: -- Stealth Logistics Group and CLXM Inc. plan to lease at least one new truck per month during the next two years, officials announced Friday... The companies, which were created in May from the merger of Stealth Trucking Inc. and CLX Medical, said they plan to have a total 60 trucks in service by the end of next year... Stealth was founded about six years ago from the merger of several businesses and employs seven. It generated $2.5 million in revenue last year and plans go public on Nasdaq, according a posting on its previous website. CLX was launched as a investment company in the early '70s before focusing on the medial industry... The companies provides diverse transportation services in 48 states...

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