1338401--3/29/2007--Global_Logistics_Acquisition

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If third parties have claims against us, the net proceeds held in trust could be reduced and the per-share liquidation price received by stockholders will be less than $7.85 per share. We will likely seek a business combination with one or more privately-held companies, which may present certain challenges to us, including the lack of available information about these companies and a greater vulnerability to economic downturns. Resources could be wasted in researching acquisitions that are not consummated, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business. We may issue shares of our capital stock, including through convertible debt securities, to complete a business combination, which would reduce the equity interest of our stockholders and likely cause a change in control of our ownership. We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition. An effective registration statement may not be in place when an investor desires to exercise warrants, thus precluding such investor from being able to exercise his, her or its warrants and causing such warrants to be practically worthless. Our ability to be successful after a business combination will be largely dependent upon the efforts of our key personnel, some of whom may join us following a business combination and may be unfamiliar with the requirements of operating a public company. This could lead to various regulatory problems that may adversely affect our operations, including significantly reducing our revenues and net income. If our current management were to negotiate to be retained by our company following a business combination as a condition to any potential business combination, such negotiations may result in a conflict of interest. The loss of key executives could adversely affect our ability to operate. Our officers and directors have limited or no experience in managing blank check companies which may have an adverse impact on our prospects, and our ability to consummate a business combination. Our officers and directors may allocate their time to other businesses, thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This could have a negative impact on our ability to consummate a business combination. Because all of our directors own securities of ours that will not participate in liquidation distributions, they may have a conflict of interest in determining whether a particular target business is appropriate for a business combination. If our common stock becomes subject to the SEC s penny stock rules, broker-dealers may experience difficulty in completing customer transactions and trading activity in our securities may be adversely affected, and you may find it more difficult to sell our securities. It is probable that we will only be able to complete one business combination, which may cause us to be solely dependent on a single business and a limited number of products or services. Because of our limited resources and the significant competition for business combination opportunities, we may not be able to consummate an attractive business combination. Risks associated with the transportation and logistics sector and related industries The transportation and logistics sector and related industries are subject to general economic and business factors, which may adversely impact sales and profitability of a target company. A disruption in the supply of or increase in the cost of fuel would lead to higher transportation costs, thereby reducing margins. Seasonality and the impact of weather can materially affect the operations of transportation and logistics companies, which may have a material adverse effect on the financial condition and results of operations of a target company with which we might seek a business combination, such as a significant reduction in the target company s revenues and net income. Transportation and logistics companies face strong competition, which could impair a target company s ability to maintain its profitability and to compete with other providers of similar transportation and logistics services. Certain shippers may refuse to use the services of non-asset based transportation and logistics companies because they operate primarily through agents or owner-operators, which could materially limit a target company s ability to expand. operations. Transportation and logistics companies frequently self-insure for a significant portion of their potential liability for accident liability, workers compensation and general liability claims, and the occurrence of one or more significant claims could have a materially adverse impact on such companies financial condition and results of operations, such as a significant reduction in the target company s net income and available capital. In order to continue growth, companies operating in the transportation and logistics sector and related industries typically need to increase the volume and revenue per pound of the freight shipped through their system. If a target company fails to increase the volume of the freight shipped through its network or the revenue per pound of the freight shipped, it may be unable to maintain or increase its profitability.

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1338401--3/29/2007--Global_Logistics_Acquisition_CORP