ParcelPal Logistics Inc. [OTC:PTNYF; CSE:PKG; FSE:PT0] earlier announced that as part of the Company’s broader plan to continue to diversify its customer base and execute on additional profitable business engagements, it has expanded its services with an existing large meal kit delivery company, for which we already provide same-day delivery courier services in Vancouver and Calgary.
Under the expanded service offering, ParcelPal will be using electric refrigerated cargo vans to deliver meal kits from our client’s facility to their end customers. As this scales, the Company intends to expand this service to include white glove same-day grocery delivery, placing an even greater emphasis on the customer experience. CEO Rich Wheeless stated, “We pride ourselves on the customer experience, so to be able to expand with one of our larger customers in the meal kit delivery space gives us an additional opportunity to showcase one of our competitive advantages. While we continue to sign additional new customers and expand with our existing customers in Canada, we will also focus heavily on our expansion and subsequent growth in the United States as additional new customer and acquisition opportunities arise, all in an effort to create additional value for our shareholders.”
ParcelPal shares trade at CAD$0.11 with a 52 week high of .30 cents and 52 week low of .065 cents.