WARREN, Mich., June 29, 2010 (GLOBE NEWSWIRE) -- LINC Logistics Company today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to its proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
Citi, Stephens Inc., Stifel Nicolaus and KeyBanc Capital Markets are acting as underwriters for the proposed offering.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement may be accessed through the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of these securities will be made only by means of a prospectus, copies of which, when available, may be obtained from the offices of Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (Tel: 800-831-9146 or email: batprospectusdept@citi.com).
About LINC Logistics Company:
LINC Logistics Company, based in Warren, Michigan and owned by members of the Moroun family, is a leading provider of mission-critical third-party logistics solutions that allow our customers and clients to reduce costs and manage their global supply chains more efficiently. We offer a comprehensive suite of supply chain logistics services, including value-added, transportation and specialized services. Our value-added logistics services include material handling and consolidation, sequencing and sub-assembling, kitting and repacking, and returnable container management. We also provide a broad range of transportation services, such as dedicated truckload, shuttle operations and yard management. Our specialized services include air and ocean freight forwarding, expedited ground transportation and final-mile delivery.