MISSISSAUGA, Ontario, May 29, 2008 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Last Mile Logistics Group Inc. (OTCBB:LMLG).
Chesapeake Logistics, which on October 2, 2006, merged into Last Mile Logistics Group Inc., has established itself as a premier third party logistics provider in the Mid-Atlantic market. The Company has focused on a fast-growing market segment, providing services for the "last mile" of transportation to the consumer: home delivery and related services for heavy consumer goods (furniture, televisions, appliances, bedding, medical equipment and exercise equipment). Services have been provided on merchandise from Pier 1 Imports, Crate & Barrel, Sony, The Sharper Image, Walmart.com, Panasonic, Brookstone, Golden Technologies, Herman Miller, Mitsubishi, LG, JC Penney, MasterBrand and others. The Company's vision is to professionalize the home delivery of heavy freight with a well-defined, tech-supported, service-focused business process offered to all companies that need reliable home delivery service in the Mid-Atlantic market, in an industry with few capable service providers.
Despite slowed GDP growth in the U.S. economy in 2008, experts expect the third party logistics (3PL) services market will grow nearly 8 percent this year. 3PL growth rates have averaged nearly 13 percent annually since 1996. A slower U.S. economy may actually benefit industry participants by encouraging more retailers, manufacturers and distributors to reduce costs by outsourcing more of their supply chain logistics.
A complete LMLG profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/lmlg.asp
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Last Mile Logistics Group Inc. (OTCBB:LMLG); the amount is ten thousand two hundred dollars by the company for its efforts in presenting the LMLG profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/lmlg.asp.