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Cargo Connection Logistics - International Signs Letter of Intent With Vietnam-Based M&S VTEC Shipping

Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: 217026) today announced that representatives of its wholly owned subsidiary, Cargo Connection Logistics - International, Inc. have signed their first Letter of Intent (LOI) with Vietnamese-based company, M&S VTEC SHIPPING LTD. The company will use Cargo Connection Logistics - International as its receiving agent in the United States. Cargo Connection Logistics - International believes this joint venture will begin to generate revenue almost immediately.

M&S Shipping PLC was established approximately 50 years ago in the United Kingdom and in 1995 the company was renamed M&S Shipping Group. Up until now their primary focus has been on Western and Eastern Europe. M&S VTEC Shipping LTD is a joint venture between M&S Shipping Company and the Vietnamese Government-owned garment factories.

"The Vietnamese Market will be the first of the Asian markets to begin shipping into the United States using the Cargo Connection Logistics network as its infrastructure within the United States," said David Quach, President of Cargo Connection Logistics - International. "The Vietnamese government is investing heavily into its infrastructure to promote growth. We are expecting to receive shipments that are both Less than Container Loads (LCL) and Full Container Loads (FCL). Cargo Connection Logistics expects to be a participant in all aspects of merchandise being exported from Vietnam into the United States.

"As promised, this is the first signing of an agreement of which we expect will be several more agreements over the next few weeks," said Quach, who was part of the Cargo Connection Logistics contingent that visited the Southeast Asian country earlier this year. "We expect that our extensive experience working with the fashion business, coupled with the systems we have in place to support this type of enterprise, will make this a very successful venture."

With nearly 84 million people, Vietnam is the 15th largest country in the world, larger than the industrialized nations of Germany, France, Italy and the United Kingdom.

About Cargo Connection Logistics Holding, Inc.

Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:

--  the Company's ability to increase its revenues, including by obtaining
    contacts with foreign shippers;
--  the Company's financial condition, including its ability to continue
    as a going concern;
--  the effect of the Company being in default on its indebtedness;
--  the Company's ability to raise additional capital;
--  the Company's reliance on key personnel and independent agents; and
--  the Company's vulnerability to economic and industry conditions