NCS Acquires Majority Shareholding

Transport Logistics International, Inc (TLI) today announced that Nuclear Cargo   Services, GmbH (NCS) has acquired the majority shareholding in the company, effective January 1, 2010.

NCS (a wholly-owned subsidiary of Compagnie Daher of France), one of the leading European providers of nuclear transportation, packaging, and related services, has been a shareholder in TLI since the companys inception. On January 1, 2010, NC S acquired an additional 50 percent of shares, bringing itԳ ownership stake to 90 percent, with the balance of 10percent remaining with managing partners Mr. Condrey and Mr. Lambert.

NCS has confirmed that day-to-day operations at TLI will remain unchanged, under the leadership of Mr. Condrey and Mr. Lambert. TLIs unparalleled transportation services and strong commitment to customer service will be augmented through support of NC SԳ extensive technical, engineering, and packaging professionals.