Lyneer Staffing secures $17 million e-commerce logistics contract

ENGLEWOOD CLIFFS, N.J. - Atlantic International Corp. (NASDAQ:ATLN) announced Thursday that its subsidiary Lyneer Staffing Solutions has secured a contract worth up to $17 million over the next 12 months to provide staffing services for a global e-commerce logistics company. The announcement comes as ATLN’s stock has shown strong momentum, gaining 16% over the past week according to InvestingPro data.

The contract covers temporary staffing for peak demand periods and direct-hire placements for permanent positions across multiple states, according to the company’s press release.

Lyneer will provide workers skilled in warehouse automation, inventory management systems, fulfillment operations, and last-mile delivery coordination to meet the client’s workforce needs.

"This partnership represents more than just a significant revenue opportunity—it validates our strategic focus on high-growth sectors where specialized staffing expertise creates real competitive advantage," said Jeffrey Jagid, CEO of Atlantic International.

Todd McNulty, CEO of Lyneer Staffing Solutions, noted that the client selected the company for its ability to deliver "end-to-end workforce solutions that scale with their business."

The contract leverages Lyneer’s national infrastructure and specialized expertise in logistics staffing, addressing the e-commerce sector’s need for both seasonal flexibility and permanent talent acquisition.

Atlantic International Corp. operates as a strategic staffing and workforce solutions provider through its subsidiary Lyneer Staffing Solutions, which offers services across multiple industries including food production, manufacturing, and logistics sectors. The company maintains a moderate debt level and currently holds a FAIR financial health rating according to InvestingPro analysis.

In other recent news, Atlantic International Corp. has announced the postponement of its Annual General Meeting, which was initially set for July 15, 2025. The company stated that the meeting would be rescheduled for a later date this year, although no specific reason was provided for the delay. This development comes as part of the company’s ongoing updates, with further details expected to be announced in the future.

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