- CEO
- Robert D. Morris
- Full Time Employees
- 1
- Sector
- Industrials
- Industry
- Shell Companies
- Address
- 2180 Park Ave North Winter Park FL United States of America 32789
- IPO Date
- Apr 3, 2013
- Business
- Aqua Power Systems Inc. (APSI) operates as a logistics and transportation company following its acquisition of Tradition Transport Group Inc. and its subsidiaries; the company provides freight transportation, brokerage services, truck leasing and financing, warehousing, and fulfillment solutions throughout the United States. Headquartered in Winter Park, Florida, and founded in 2010, it previously functioned as a shell company seeking merger and acquisition opportunities after abandoning earlier plans to develop solar energy collection farms on distressed commercial properties in North Carolina and other southern states; it changed its name from NC Solar Inc. in August 2014. In December 2022, Aqua Power Systems wholly acquired Tradition Transport Group via a definitive agreement detailed in an SEC Form 8-K filing, marking a strategic pivot to the transportation sector with Tradition's established customer base and audited profitability exceeding 2021 levels; the acquisition integrates Tradition's portfolio to drive growth, enhanced by investments in technology and a focus on client relationships, while Tradition Transportation recently achieved record freight bids under parent company oversight.