SOURCE: Wall Street News Alert

August 09, 2005 11:17 ET

Wall Street News Alert: U.S. Hot Stock Highlight!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- August 9, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: TransGlobal Logistics (OTC: TLGI), Dell (NASDAQ: DELL), FedEx Corp. (NYSE: FDX) and GE (NYSE: GE).

TransGlobal Logistics, Inc. (OTC: TLGI) may begin appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, whose stock began trading publicly last Wednesday, has issued a press release announcing the appointment of Joel M. Chusid as Chairman of the Board of Directors.

News of the appointment should be welcomed by investors, as Mr. Chusid is an experienced travel, logistics, and tourism professional who has led U.S. domestic and international air carriers in their strategic positioning in sales and business development, marketing, and branding! Holding executive positions at a large U.S. airline (American Airlines), an entrepreneurial regional carrier (American Eagle), and a foreign-flag airline (China Eastern Airlines) have provided Mr. Chusid with a unique perspective, the knowledge of which has been adapted to a variety of airlines, hospitality, and tourism industries.

Mr. Chusid was one of the creators of American Eagle, American Airlines' regional airline affiliate, now acknowledged to be the world's largest operation of its kind. His position as Vice President, Sales & Marketing, included responsibilities in sales strategies and management, goal development, advertising, consumer research, pricing, service and product design.

Continue to watch this company! When reached to discuss his appointment, Mr. Chusid said: "New businesses start up every day, but TransGlobal's business plan struck me as a fresh approach to logistics and transportation in the Caribbean and Central America. The Caribbean and Central America have always fascinated me, and it's a good feeling to be able to make a contribution to further the economic development of this exciting region, especially with the Central America Free Trade Agreement (CAFTA) signed only last week. I look forward to working with such a dynamic and professional group of individuals, and share their common vision."

Investors should continue to monitor the progress of TransGlobal for further developments! In discussing the acceptance by Mr. Chusid of the Chairman's position, President and CEO of TransGlobal, Mr. Gus Cervera, stated: "We at TransGlobal are very excited by Mr. Chusid's acceptance of this appointment as Chairman of the Board. We believe that he will bring to the company, the board, and the management team a wealth of experience that is immeasurable in terms of the impact it will have on the company's ultimate success."

For updated in-depth coverage and a company profile of TransGlobal Logistics, visit

The stock closed yesterday at $2.10 a share.

In case you are not familiar with the company: TransGlobal Logistics is a Florida based holding company focused on the establishment of a regionally dominant inter-modal transportation group that is consolidating and combining a number of existing transportation and travel companies in order to provide transportation services under a single management umbrella. Through elimination of redundant administrative costs, and by maximizing the business synergies between its subsidiaries, TransGlobal will be able to create an organization that is more efficient and profitable than the sum of the individual components.

TransGlobal's affiliated companies include Panama International Air (PIA), a new Panama Flag Category 1 passenger airline that is completing its certification process; PIA Express, the Air Cargo Division of PIA; and P&L Logistica, a Panama-based cargo logistics company. The company anticipates further acquisitions in the coming months to include a New York-based international freight forwarder with offices in 4 major U.S. cities and 22 countries; a Panama-based courier and package delivery service; and several other transportation related companies. The company's website is

Stocks showing interesting activity Friday at the close of the regular trading day were: Dell Inc. (NASDAQ: DELL) up 0.1% on 14.2 million shares traded, FedEx Corp. (NYSE: FDX) up 0.06% on 1.5 million shares traded and GE (NYSE: GE) down 0.1% on 14.1 million shares traded.


"Markets on Monday tumbled as the oil factor once again kicked-in and tripped the markets. Oil futures rose to an all time high at just over $63 per barrel. Oil is up 43% for the year and is trading at record highs. However, adjusted for inflation, it is on a par with levels reached in 1983 dollars," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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