Target Logistics Services, Inc. has been in business since 1970 and, in the same year, was approved as an International Air Transportation Association (IATA) Cargo Agent. In early 1971, TARG received both international and domestic air cargo forwarding authority from the Civil Aeronautics Board.

Growing from the initial offices in Los Angeles and San Francisco, TARG expanded in 1977 to New York with the opening of an international gateway for air consolidations to Europe. To complement the international growth, TARG began domestic air cargo services in 1978. To be competitive in the newly deregulated domestic air freight market, TARG realized service must be available to all fifty states. To satisfy the need to serve every major city, a unique decentralized organization was developed. Dividing the country into six regions, a Regional Control Center (RCC) was opened in a major city within the region. A Regional Manager was appointed with the responsibility and authority to appoint cartage agents at cities within the region, establish sales offices or full service offices as new business developed and, in general, operate the region as a profit center for the company.

By 1979 TARG had RCC's in New York, Atlanta, Chicago, Houston, San Francisco and Los Angeles. With the RCC's in place, TARG was able to serve 217 airports in the United States and their over 20,000 surrounding communities. In 1987 the South Central Control Center was moved from Houston to Dallas/Fort Worth. A district office is still maintained in Houston.

Throughout this growth period TARG did not forget its origins and continued to expand its international activities. In 1984, Canada was added to its North American operation and now provides transborder service.

Beyond North America, TARG has organized a group of similar companies, prominent in their own countries, into a system that covers more that a hundred major cities in 70 countries. Close cooperation and communication with these agents allows TARG to offer its customer an import and export service by air that is second to none.

Singapore became Target's first office in Asia and has been joined by offices in Penang, Kuala Lumpur, Hong Kong and China. Target also maintains an office in Milan and agents and partners in more than 70 countries worldwide.

Recent Business News

Target Logistics, Inc., on November 17, announced that October 2005 was the strongest monthly period for Target since the company went public in 1996. Revenue for the month was approximately $14.7 million, while operating income reached approximately $900,000. The company reported operating income of $880,515 for the fiscal first quarter ended September 31, 2005. Target's second fiscal quarter ends on December 31, 2005.

"We are proud to have reached this milestone as a company, and believe it will be the first of many," said Stuart Hettleman, president and chief executive officer. "We view October's monthly revenue and operating income growth as reflective of our ability to leverage our increasing freight volume in the markets we serve and to focus on those areas of opportunity--particularly value-added services--that bring superior top and bottom line performance. Most importantly, we believe that this milestone further shows that our company has reached a point where a greater percentage of our revenue continues to move to the bottom line."