Transportation and Logistics Systems, Inc. (TLSS) operates through its Prime EFS and ShypDirect subsidiaries.
Prime EFS is a leading logistics and transportation company that specializes in providing Last Mile, two-person Home Delivery and Line Haul services for some of the world’s leading online retailers.
ShypDirect operates a fleet of GPS equipped Tractors, Box Trucks and Cargo Vans offering delivery services for clients throughout the northeast United States.
Chairman of the Board, President and Chief Executive Officer
John cofounded Leisure Line, Inc., a motor coach company serving New York City and Atlantic City, New Jersey, in 1970 and served as the Chief Executive Officer for a ten year period through the sale of the company to Golden Nugget in 1980. At the time of the sale Leisure Line was generating approximately $11 million in annual revenues. In 1988 John cofounded Cape Transit, Inc., a motor coach company servicing Atlantic City, Philadelphia and South New Jersey. Under John’s leadership as CEO, annual revenues at Cape Transit grew from $2 million to more than $11 million. In May 1996, Cape Transit became one of the founding companies of Coach USA, Inc. and John Mercadante became Coach USA’s President and Chief Operating Officer. Coach USA had over 70 acquisitions during the three year period following their 1996 IPO. John was an integral part of growing Coach’s annual revenues from $100 million to over $1 billion in revenues in just three years. John has personally invested over $2 million in Prime EFS.
Board Member, Chief Development Officer
Doug joined the Company in April 2019. Doug was the Senior Vice President and General Counsel of Coach USA, Inc. A major portion of the acquisitions completed by Coach USA were through the teamwork of Doug and John Mercadante in conjunction with personnel experienced in financial, integration and human capital management. Doug has extensive experience in mergers and acquisitions and business transactions.