JUPITER, FL / January 26, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a growing logistics service provider, today announced that, on January 25, 2022, it closed an additional equity financing, which provided gross proceeds of $700,000. Moreover, on January 20, 2022, the Company increased its Board of Directors from two to four members, with the addition of Messrs. Charles Benton and Norman Newton, and, in connection thereto, formerly established its Audit, Compensation and Nominating Committees.