NEW YORK,
GLAC is changing its name to Clark Holdings Inc. Clark Holdings will continue to trade initially under the ticker symbol "GLA."
"Over its thirty year history, Clark has established itself as a leader in the provision of value added distribution, transportation management, and international freight forwarding services to the print industry," stated Tim Teagan, President & Chief Executive Officer of Clark Holdings. "As a public company, we will have access to the capital markets and additional resources that were not previously available to us, which when combined with our flexible, non-asset based operating model and superior customer relationships positions Clark for accelerated growth. We are excited to begin executing on our multi-pronged growth strategy that includes expanding our geographic footprint and customer base, entering new industry verticals, and creating additional service offerings."
About Clark
Over its 30-year history, Clark has built a position as the leading independent provider of value-added distribution, transportation management, and international air and ocean freight forwarding services to the print media industry.
This press release may contain certain forward-looking statements including statements with regard to the future performance of Clark Holdings. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties that are detailed in Clark Holdings' filings with the Securities and Exchange Commission. Clark Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Global Logistics Acquisition Corporation