Caribbean and Eagle Logistics Merger Update “After months of careful consideration, we have mutually determined that this merger is not in the best interest of both of our companies,” stated Paul Robbins. “As these merger discussions were underway, we continued the strategic growth planning for Caribbean Shipping and Caribbean Cold Storage,” continued Robbins. “In 2005 we acquired 18.5 acres of land located within two miles of the Blount Island terminal of JAXPORT. Plans are underway for a multi-temp cross-dock facility at that location. Additionally, we purchased 54 acres adjacent to the future facility for development that will further advance our ability to serve our customers.” Any questions concerning the merger should be directed to Paul Robbins: The Caribbean Companies extend their deepest appreciation for your business and your continued support. |