BNET Industries
Last Fiscal Year Sales:$27.1M
- Public
- US
Dow Jones Description
This Annual Report includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 ( the "Exchange Act"). These statements are based on management's belief and assumptions, and on information currently available to management. Forward-looking statements include statements in which words such as "expect," "anticipate," "intend, " "plan," "believe," "estimate," "consider," or similar expression are used. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions. The Company's future results and stockholder values may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine these results and values are beyond the Company's ability to control or predict. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in Section 21E of the Exchange Act.
President
Michael DardenPeer Companies
NAICS Code Freight Transportation Arrangement: 488510
News & Analysis
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fittipaldi logistics inc. - All News and Analysis
Fittipaldi Logistics Projects 12-Month Revenue of $235 Million and $7 Million Operating Profit
- 2007-11-15
Fittipaldi Logistics, Inc. (OTCBB: FPLD), is projecting that its consolidated revenue and operating profits will be approximately $235 million and $7 million, respectively, during the 12-month period following the closing of its acquisition of State Petroleum Distributors, Inc. which is expected to occur before year end. The projections assume the...
Fittipaldi Logistics Signs $5.5 Million Contract
- 2007-09-05
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, announced that Commodity Express Transportation, a wholly owned subsidiary of Fittipaldi Carriers, Inc., the Company's trucking arm, will be the dedicated transportation provider for a major corrugated box manufacturing plant in South Carolina....
Fittipaldi Logistics Launches Driver Seat Application
- 2007-08-23
Fittipaldi Logistics, Inc. (OTCBB: FPLD) today announces the launch of its "Driver Seat" application. This cutting-edge technology allows truck fleet operators to greatly reduce fuel consumption and emissions and brings the added value of its GPS capabilities. The results of extensive testing with truck fleets demonstrated that the use of...
Fittipaldi Logistics, Inc. Adds Reilly to Board
- 2007-04-27
Fittipaldi Logistics (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, today announced that pursuant to an agreement by which Emerson Fittipaldi was granted the right to nominate a representative to serve on the Board of Directors of the company which bears his name, Frank...
Fittipaldi Logistics, Inc. Signs Agreement With QUALCOMM for Mobile Data Interchange
- 2007-04-17
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, today announced it has signed an agreement for mobile data interchange with QUALCOMM, a leading provider of business-to-business wireless enterprise applications and services.
Fittipaldi Carriers Selects SkyBitz GLS Asset Tracking Technology
- 2007-04-12
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, announced that Commodity Express Transportation, a wholly owned subsidiary of Fittipaldi Carriers, Inc., the Company's trucking arm, has selected the patented Global Locating System GLS asset tracking technology from SkyBitz for the trailers...
Fittipaldi Carriers Selects SkyBitz GLS Asset Tracking Technology
- 2007-04-12
BOCA RATON, Fla. -- Fittipaldi Logistics, Inc. (OTCBB:FPLD), the market leader in software development focusing on the freight transportation industry, announced that Commodity Express Transportation, a wholly owned subsidiary of Fittipaldi Carriers, Inc., the Company's trucking arm, has selected the patented Global Locating System GLS asset tracking technology from SkyBitz...
Fittipaldi Logistics, Inc. Signs OEM Agreement With WebTech Wireless, Inc.
- 2007-04-04
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, announces a two year agreement with WebTech Wireless, Inc. (TSX-V: WEW), a leading provider of location-based fleet telematics services. On March 20, 2007, Fittipaldi Logistics entered into a two-year Original Equipment Manufacturer...
Fittipaldi Logistics Renews Business With Major Customer
- 2007-03-30
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, announced that Commodity Express Transportation, a wholly owned subsidiary of Fittipaldi Carriers, Inc., the Company's trucking arm, would continue to provide transportation services for Amcor PET Packaging manufacturing plants for an additional two...
Fittipaldi Logistics, Inc. Begins Testing Fuel Efficiency Module
- 2007-03-22
Fittipaldi Logistics, Inc. (OTCBB: FPLD), the market leader in software development focusing on the freight transportation industry, announced today the initial deployment of its Fuel Efficiency Module. The initial test of the module is being conducted on the Commodity Express Transportation CXT fleet, headquartered in Columbia, SC. CXT is...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael Darden | President |
| William A Stokes | President and Director of Cxt |
| Frank P Reilly | Chief |
| John M Urbanowicz | V.P. of Information Technology |
| John Urbanowitz | Vice President of Technology and Information |
| Alan Katz | Director, Client Services |
| Arnold J Werther | Director of Sales |
| Arnie Werther |
Mr. Darden became President of P2S in April 2003 pursuant to a four-year employment agreement with the Company. Since June of 2002, Mr. Darden provided the Company with various consulting services in the areas of strategic planning, operations and logistics. From 1997 until joining the Company as a consultant, he founded and was President of Darden Distribution & Warehouse Consulting, Inc. ("DDWC"). During this period DDWC designed, developed, implemented and managed warehouse management systems, fulfillment and distribution systems, automated order entry systems and shipping manifest systems for several clients. In addition, DDWC established and managed its own warehousing, manufacturing and distribution operations. During 1997 he was Operations Manager for Germersheim Inc. In 1996 Mr. Darden managed the warehouse operations for Coca-Cola Company's Olympic equipment and had responsibility for over 450 employees and a fleet of trucks. From 1993 to 1995, he was responsible for purchasing and inventory management for 5 distribution facilities of Atlas Supply Company, a wholesaler of tires, batteries and automotive accessories. From 1988 to 1993 he worked for Coca-Cola Company in a variety of warehouse supervisory and facilities management positions.
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | President | Current |
William A. Stokes. Mr. Stokes has served as President of Commodity Express Transportation, Inc. since March 2005. We have an employment agreement with Mr. Stokes with a current employment period through March 21, 2007 which shall be extended for one additional year unless terminated by the Company or Mr. Stokes at least 60 days before the expiration date. From 1982 until joining our subsidiary in 2005, he founded and was President of the South Carolina company from which we purchased certain assets and liabilities to commence the operations of Commodity Express Transportation, Inc. in March 2005.
| Organization | Position | Status |
|---|---|---|
| Commodity Express Transportation, Inc | President | Current |
| Fittipaldi Logistics, Inc. | President and Director of Cxt | Current |
FRANK P. REILLY. Mr. Reilly has been Chief Executive Officer since June 2007, a Director since April 2007 and was the Company's Executive Vice President, Strategy and Market Development from November 2006 until becoming Chief Executive Officer. During the prior five years, Mr. Reilly has held, and currently holds, positions as President of Rancho Alegre Lodge Jackson Hole Wyoming, President of Frank P. Reilly, Inc., Managing Director of Sports and Entertainment Realty, Managing Director of YOUMEHIM, LLC and Managing Director of International Logistics Solutions, Inc. All directors are elected at each annual meeting and serve for one year or until their successors are elected and qualified. Our officers serve at the pleasure of our board of directors.
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | Chief | Current |
| Organization | Position | Status |
|---|---|---|
| Emmologic.Com | Executive Vice President, Information Technology | Current |
| Fittipaldi Logistics, Inc. | V.P. of Information Technology | Current |
| Zethcon Corporation | Senior Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | Vice President of Technology and Information | Current |
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | Director, Client Services | Current |
| Drexel University | degree in Sales and Marketing Management | Former |
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | Director of Sales | Current |
| AEP Industries, Inc. | Director of Distribution Operations | Former |
| EXE Technologies, Inc. | Strategic Account Executive | Former |
| Organization | Position | Status |
|---|---|---|
| Fittipaldi Logistics, Inc. | Current | |
| Mercurygate | Current | |
| The Great Atlantic & Pacific Tea Company, Inc. | Vice President of Supply and Logistics Transportation | Former |
| AEP Industries, Inc. | Director of Distribution Operations | Former |
| EXE Technologies, Inc. | Account Executive | Former |
| Marc Global Holdings Inc. | Account Executive | Former |
| Lever Brothers | Former | |
| Michigan State University | Bachelor of Science degree in Business Management and Organizational Behavior | Former |
| Rider University | Bachelor of Science Degree In Business Management and Organizational Behavior | Former |
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