Document:

ASSET PURCHASE AGREEMENT

     This  ASSET  PURCHASE  AGREEMENT  dated  as  of  February  16,  2005  (the
"Agreement")  is  entered  into  by  and  between  POWER2SHIP,  INC.,  a  Nevada
corporation ("P2S"); POWER2SHIP, INC., a Delaware corporation and a wholly owned
subsidiary  of  P2S  that  is  in the process of changing its name to Power2Ship
Intermodal,  Inc.  ("Buyer");  G.F.C.,  INC.,  a  South  Carolina  corporation
("Seller");  and,  MICHAEL  ALLORA,  an  individual resident in the State of New
Jersey  ("Allora").

                                    PREAMBLE

     WHEREAS,  Seller  engages in the business of intermodal transportation (the
"Business");

     WHEREAS, Seller, in connection with its operation of the Business, owns and
lawfully  uses  certain  assets  (as  more fully described below and referred to
hereafter  as  the  "Assets");

     WHEREAS,  Allora  (sometimes referred to hereafter as the "Principal") is a
principal  shareholder  of  Seller  and  the  principal person in control of the
operations  of  the  Business;

     WHEREAS, Seller desires to convey, sell and assign to Buyer all of Seller's
right,  title  and  interest in and to the Assets, upon the terms and conditions
contained  in  this  Agreement;  and

     WHEREAS, Buyer desires to purchase the Assets upon the terms and conditions
contained  in  this  Agreement.

     NOW  THEREFORE,  in consideration of the mutual promises and other good and
valuable  consideration,  the  sufficiency  of which is hereby acknowledged, the
parties  agree  as  follows:

1.          Sale  and  Purchase  of  Assets.
           --------------------------------

1.1          Sale  and  Purchase of Assets.  Subject to the terms and conditions
            ------------------------------
of this Agreement, at the closing described in Section 6 (the "Closing"), Seller
shall  sell  to  Buyer,  and  Buyer  shall purchase from Seller, those assets of
Seller  identified  on  Schedule  1.1  (the  "Assets").

1.2          Liabilities  Assumed  and  Excluded.  In  connection  with  Buyer's
            ------------------------------------
purchase  of  the  Assets,  Buyer  shall  assume  and become responsible for the
payment  of only those liabilities of Seller that are identified on Schedule 1.2
(the  "Liabilities").  Buyer shall assume no other liabilities or obligations of
Seller.

1.3     Insurance  Deposits.  At  the Closing, Buyer shall reimburse Seller
             -------------------
for  those insurance deposits as are mutually agreed upon by Seller and Buyer at
the  time  of  Closing.

<PAGE>

2.     Purchase  Price;  Payment;  Allocation.
       --------------------------------------

2.1     Purchase  Price.  The  purchase price for the Assets (the "Purchase
        ---------------
Price")  shall  be (a) the sum of $300,000 (the "Cash Purchase Price"), plus (b)
the  issuance to the Seller of warrants to purchase 200,000 shares of the common
stock  of  P2S  (the  "Warrants)  in  the  form  attached hereto as Exhibit 2.1.

2.2     Cash  Purchase  Price.  The  Cash  Purchase  Price shall be paid as
        ---------------------
follows:

     (a)  $100,000  shall  be  paid  at  Closing  by P2S's delivery to Seller of
Seller's  $100,000  secured  promissory  note  dated November 10, 2004 issued by
Seller  in  favor  of  P2S  (the  "Note")  marked  'PAID  IN  FULL";  and

     (b)  $200,000  shall  be  paid  by Buyer, in twenty-four equal, consecutive
monthly installments of $8,333.33, without interest. The first installment shall
be  paid  on  the  first monthly anniversary of the Closing Date, and succeeding
installments  shall  be  paid  on  or  before  the  same  day  of each of the 23
consecutive  months  thereafter.  The foregoing to the contrary notwithstanding:

          (i)  In  the  event  that  the gross freight revenues of Buyer for the
     first full calendar month commencing one year following the Closing, equals
     or  exceeds  $667,000, then, within 30 days from such date, Buyer shall pay
     to  Seller  the  sum of $50,000, and Buyer shall thereafter make six equal,
     consecutive  monthly installments of $8,333.33, without interest, until the
     entire  $200,000  described  in  paragraph (b) of this Section 2.2 has been
     paid  in  full;  and

          (ii)  In  the  event  that the gross freight revenues of Buyer for the
     first full calendar month commencing one year following the Closing, equals
     or  exceeds  $834,000, then, within 30 days from such date, Buyer shall pay
     to  Seller  the  sum  of  $100,000,  which  payment  shall  constitute full
     satisfaction  of  Buyer's  $200,000  obligation described in paragraph (b);
     provided  that  Buyer  has  made  all  required  payments  pursuant to this
     paragraph  (b).

At  and  subject  to Closing, P2S shall waive accrued but unpaid interest on the
Note.  P2S  hereby  unconditionally  guarantees the payment obligations of Buyer
under  this  Section  2.2(b).  In the event that Buyer fails to make one or more
required  payments  under  this Section 2.2(b) as and when due, and such failure
continues  for a period of 90 days from the due date thereof, Seller may declare
all  unpaid  amounts under this Section 2.2(b) to be immediately due and payable
upon  written  notice  to  Buyer  and  P2S.

2.3     The  Warrants.  Each  of  the  Warrants  shall  entitle  Seller  to
        -------------
purchase  one  share  of  common  stock  of  P2S  during  the  three year period
commencing  on  the  Closing Date, at an exercise price equal to the closing bid
price  for  the  P2S  common  stock on the trading day immediately preceding the
Closing  Date.  The Warrants shall vest and become exercisable 100,000 shares on
the  Closing  Date and 100,000 shares on the one-year anniversary of the Closing
Date.  Neither  the  Warrants  nor  the shares of P2S common stock issuable upon
exercise  of  the Warrants (the "Warrant Shares") have been registered under the
Securities Act of 1933, as amended (the "Act"), and neither the Warrants nor the
Warrant Shares may be sold, assigned, pledged, transferred or otherwise disposed
of  absent  registration  under  the  Act  or  the  availability of an available
exemption from such registration requirements.  Neither P2S nor Buyer has agreed
to  register  the  Warrants  or  the  Warrant  Shares  under  the  Act.

<PAGE>

3.     Representations  and  Warranties  of  Seller  and  the  Principal.
       -----------------------------------------------------------------
Except  as  otherwise  set forth in a disclosure schedule delivered by Seller at
the  time  this  Agreement  is  executed  and  delivered (the "Seller Disclosure
Schedule"),  the  Principal  and  Seller, jointly and severally, hereby make the
following representation and warranties to Buyer as of the date hereof and as of
the  Closing  Date.

3.1     Organization  and  Good  Standing.  Seller  is  a  corporation duly
        ---------------------------------
incorporated,  validly  existing  and  in  good  standing  under the laws of its
jurisdiction of formation, with full corporate power and authority to own, lease
and  operate  its business and properties and to carry on business in the places
and  in the manner as presently conducted or proposed to be conducted. Seller is
in  good  standing  as  a  foreign corporation in each jurisdiction in which the
properties  owned, leased or operated, or the business conducted, by it requires
such  qualification  except  where  the  failure  to so qualify would not have a
material  adverse  effect  on  the  Assets  or  consummation of the transactions
contemplated  hereby  (a  "Seller  Material  Adverse  Effect").

3.2      Authority and Enforcement.  Seller has all requisite corporate
         -------------------------
power and authority to execute and deliver this Agreement, and to consummate the
transactions  contemplated  hereby.  Seller  has  taken  all  corporate  action
necessary  for the execution and delivery of this Agreement and the consummation
of  the  transactions  contemplated  hereby,  and this Agreement constitutes the
valid and binding obligation of Seller, enforceable against Seller in accordance
with  its  terms, except as may be affected by bankruptcy, insolvency, moratoria
or  other  similar laws affecting the enforcement of creditors' rights generally
and  subject to the qualification that the availability of equitable remedies is
subject  to the discretion of the court before which any proceeding therefor may
be  brought.

3.3      No  Conflicts or Defaults.  The execution and delivery of this
         -------------------------
Agreement by Seller and the consummation of the transactions contemplated hereby
do not and shall not (a) contravene the Certificate or Articles of Incorporation
or  Bylaws  of Seller or (b) with or without the giving of notice or the passage
of  time  (i)  violate,  conflict  with, or result in a material breach of, or a
material  default  or  loss  of rights under, any covenant, agreement, mortgage,
indenture, lease, instrument, permit or license to which Seller is a party or by
which  Seller  is  bound,  or any judgment, order or decree, or any law, rule or
regulation  to  which Seller is subject, (ii) result in the creation of, or give
any  party the right to create, any lien, charge, encumbrance or any other right
or  adverse  interest  ("Liens") upon any of the Assets, (iii) terminate or give
any  party  the  right  to  terminate,  amend, abandon or refuse to perform, any
material  agreement,  arrangement  or commitment relating to the Assets, or (iv)
result  in  a  Seller  Material  Adverse  Effect.

3.4     Consents of Third Parties.  The execution, delivery and performance
         -------------------------
of  this  Agreement and the consummation of the transactions contemplated hereby
by  Seller  does  not  require the consent of any person, or such consent has or
will  be  obtained  in  writing,  prior  to  the  Closing.

<PAGE>

3.5     Actions  Pending. There is no action, suit, claim, investigation or
        ----------------
proceeding  pending  or, to the knowledge of Seller or the Principal, threatened
against  Seller or the Principal, which questions the validity of this Agreement
or  the  transactions  contemplated  hereby  or  any action taken or to be taken
pursuant  hereto  or  thereto. There is no action, suit, claim, investigation or
proceeding  pending  or, to the knowledge of Seller or the Principal, threatened
against  or  involving  Seller  or  any of the Assets, other than claims against
Seller  that  are  covered  by  insurance  and  that will not result in a Seller
Material  Adverse  Effect.  There  are  no  outstanding  orders,  judgments,
injunctions,  awards  or  decrees  of  any  court, arbitrator or governmental or
regulatory  body  against  Seller  or  affecting  the  Assets.

3.6     Title  to  Assets.  Seller has either good and marketable title to,
        -----------------
or valid and enforceable leasehold interest in the Assets, free and clear of all
Liens,  other  than  those  disclosed  in  the  Seller  Financial Statements (as
hereafter  defined).  No person or entity has any right or option to acquire any
of the Assets. Seller has the right to use the Assets as presently being used in
the  conduct  of  its  Business,  and its use of the Assets does not violate the
material  provisions  of  (a)  any agreement to which Seller is a party, (b) the
requirements  of  applicable laws, rules or regulations, and/or (c) any order of
any  court  or  regulatory  body  of  competent  jurisdiction that is binding on
Seller,  the  Business  or  any  of  the  Assets.

3.7     Financial  Statements.  Seller  has  delivered  or  prior  to  the
        ---------------------
Closing,  will deliver to Buyer the internally prepared balance sheets of Seller
as  at  December  31,  2004  and  January  31,  2005  (the  "Seller  Financial
Statements").

3.8     No  Undisclosed  Liabilities.  Seller  has  and  will  have  no
        ----------------------------
liabilities,  obligations, claims or losses (whether liquidated or unliquidated,
secured  or unsecured, absolute, accrued, contingent or otherwise) that would be
required  to  be  disclosed  on  a  balance sheet of Seller (including the notes
thereto)  in  conformity  with generally accepted accounting principles ("GAAP")
which  are  not  disclosed  in the Seller Financial Statements, other than those
incurred  in  the  ordinary  course  of  Seller's business since the date of the
Seller  Financial Statements, which, individually or in the aggregate, do not or
would  not  result  in  a  Seller  Material  Adverse  Effect.

3.9     Books  and  Records.  The  books,  records  and documents of Seller
        -------------------
accurately  Reflect,  in  all material respects, the information relating to the
business  of Seller, the location and collection of their assets, and the nature
of  all  transactions  giving  rise to the obligations or accounts receivable of
Seller.

3.10     Absence  of  Contracts  and Liabilities.  Seller is not a party to
         ---------------------------------------
any  written  or  oral  agreement or understanding that could result in a Seller
Material  Adverse  Effect.

3.11     Contracts.  The  Seller  Disclosure  Schedule  identifies  each
         ----------
material  agreement  to  which Seller is a party and to which Buyer will succeed
following the Closing (each, a "Continuing Contract").  Each Continuing Contract
is  in  full  force  and  effect, no party thereto is in default of any material
obligation  thereunder  and  Seller has received no notice of the termination of
any  such  Continuing Contract.  To the knowledge of the Principal, no event has
occurred  or  circumstance exists that (with or without notice or lapse of time)
may  contravene,  conflict  with, or result in a violation or breach of, or give
Seller  or  other  person  the right to declare a default or exercise any remedy
under, or to accelerate the maturity or performance of, or to cancel, terminate,
or  modify,  any Continuing Contract.  Seller has not given to nor received from
any  other  person,  any notice or other communication (whether oral or written)
regarding any actual, alleged, possible, or potential violation or breach of, or
default  under,  any  Continuing  Contract.

<PAGE>

3.12     Insurance.   Seller  owns  and  is the beneficiary under valid and
         ----------
enforceable  insurance  policies  (a)  issued  by an insurer that is financially
sound  and  reputable  (b)  providing  adequate insurance coverage for all risks
normally  insured  against  by an owner of assets similar to the Assets, (c) are
sufficient  for  compliance with all legal requirements and Continuing Contracts
to  which  Seller is a party or by which any of the Assets is bound and (d) that
will  continue  in  full  force  and  effect  following  the consummation of the
transactions  contemplated  hereby.  Seller  has  paid all premiums due, and has
otherwise  performed  all of its obligations, under each policy to which it is a
party  or  that  provides  coverage  to  it.  To the knowledge of the Principal,
Seller  has  given  notice  to  the  insurer  of  all claims that may be insured
thereby.

3.13     Compliance  with  Laws.
         ----------------------

     (a)  Seller  is and at all times has been, in material compliance with each
law,  rule  and/or regulation ("Legal Requirement") that is or was applicable to
it or to the conduct or operation of its Business or the ownership or use of any
of  the  Assets.

     (b)  No  event  has  occurred  or circumstance exists that (with or without
notice or lapse of time) (i) may constitute or result in a material violation by
Seller  of,  or  a  failure  on  the  part  of  Seller to comply with, any Legal
Requirement,  or  (ii)  may give rise to any obligation on the part of Seller to
undertake,  or to bear all or any portion of the cost of, any remedial action of
any  nature;  and

     (c) Seller has not received any notice or other communication (whether oral
or  written)  from any governmental or regulatory authority ("Authority") having
or  purporting  to  have jurisdiction over Seller or any of its assets regarding
(i)  any  actual,  alleged,  possible,  or potential violation of, or failure to
comply  with,  any  Legal Requirement, or (ii) any actual, alleged, possible, or
potential  obligation  on the part of Seller to undertake, or to bear all or any
portion  of  the  cost  of,  any  remedial  action  of  any  nature.

     (d)  Seller  is, and at all times has been, in material compliance with all
of  the  terms  and  requirements  of  each license, permit and/or authorization
issued by any Authority ("Governmental Authorization") that is held by Seller or
that  otherwise  relates  to  the  Business.

     (e)  Each Governmental Authorization is valid and in full force and effect.

     (f)  No  event  has  occurred  and no circumstance exists that may (with or
without notice or lapse of time) (i) constitute or result directly or indirectly
in  a  material  violation  of  or a material failure to comply with any term or
requirement  of  any such Governmental Authorization, or (ii) result directly or
indirectly  in  the  revocation,  withdrawal,  suspension,  cancellation,  or
termination  of,  or  any  modification to, any such Governmental Authorization.

     (g)  All  Governmental  Authorizations  collectively  constitute all of the
governmental  Authorizations  necessary to permit Seller to lawfully conduct and
operate  the  Business  and  to  permit  Seller  to  own  and  use  the  Assets.

<PAGE>

3.14     Tax  Matters.  Seller has filed or caused to be filed (on a timely
         ------------
basis since inception) all federal, state and local tax returns that are or were
required  to  be  filed  by  or  with respect to it pursuant to applicable Legal
Requirements  ("Tax  Returns").  Seller  has paid, made provision for payment or
has  included  on its most recent balance sheet included in the Seller Financial
Statements,  all  taxes  that  have or may have become due pursuant to those Tax
Returns  or  otherwise, or pursuant to any assessment received by Seller, except
such  taxes,  if  any,  as  are  being  contested  in good faith and as to which
adequate  reserves  have  been provided in the Seller Financial Statements.  All
such  tax  returns are true, complete and accurate.  No tax return of Seller has
been  audited  or is currently under audit, nor has Seller or any Principal been
notified  that  any  such  audit  will  or  may  take  place.

3.15     Employees.  Seller  is  not  a  party to any collective bargaining
         ---------
arrangements or agreements covering any of its employees nor is Seller in breach
of  any  employment  contract,  agreement  regarding  proprietary  information,
noncompetition  agreement, nonsolicitation agreement, confidentiality agreement,
or  any other similar contract or restrictive covenant, relating to the right of
any  officer,  employee  or  consultant to be employed or engaged by Seller.  No
officer,  consultant  or  key  employee  of  Seller  whose  termination,  either
individually  or  in the aggregate, would have a Seller Material Adverse Effect,
has terminated or, to the knowledge of Seller and the Principal, has any present
intention  of  terminating  his  or  her  employment  or engagement with Seller.

3.16     Employee  Benefits.  Seller  has  not  contributed to any pension,
         -------------------
profit  sharing,  option or other incentive plan or any other type of employment
benefit plan or maintains, or is or was a party to, or otherwise participates or
participated  in,  on  its  own  behalf or on behalf of any former employee, any
pension,  profit  sharing,  option or other incentive plan, or any other type of
employee benefit plan.  Seller has no obligation to, or arrangement with, former
employees  for  bonuses,  incentive  compensation, vacation, severance pay, sick
pay,  sick  leave,  insurance  service  awards,  relocation, disability or other
benefits  whether  written  or  oral.

3.17     Absence  of  Certain  Developments.   Since  the  date of the most
         -----------------------------------
recent balance sheet included in the Seller Financial Statements, Seller has not
suffered  a  Seller  Material  Adverse  Effect  or entered into any agreement or
engaged  in  any  conduct that could result in a Seller Material Adverse Effect.

3.18     Spousal Consent.  No consent of the spouse of the Principal or the
         ---------------
spouse  of  any other person is required in order to consummate the transactions
contemplated by this Agreement, or to transfer to Buyer at the Closing, good and
marketable  title  to  the  Assets.

3.19     Acknowledgment.  The Warrants, and, to the extent the Warrants are
         --------------
exercised,  the  Warrant  Shares,  are  being  acquired by Seller for investment
purposes  only  and  not  with a view to their distribution or resale, except in
compliance  with  applicable  securities  laws.  Seller  and  the  Principal
acknowledge  and understand that (a) neither the Warrants nor the Warrant Shares
have  been  registered under the Act, (b) there is no market for the Warrants or
the  Warrant  Shares, (c) following exercise of the Warrants, the Warrant Shares
may  have  to  be  held for at least one year prior to their being available for
public  resale,  and  (d)  the Warrants and the Warrant Shares are a speculative
investment  and  there  is  no assurance that either the Warrants or the Warrant
Shares  can  be  sold  at  a  profit,  or  at  all.

<PAGE>

3.20     Disclosure.  The  representations,  warranties and acknowledgments
         ----------
of  Seller  set  forth  herein  are  true, complete and accurate in all material
respects,  do not omit to state any material fact, or omit any fact necessary to
make  such  representations,  warranties  and  acknowledgments,  in light of the
circumstances  under  which  they  are  made,  not  misleading.

4.     Representations  and  Warranties  of  Buyer  and  P2S.  Except  as
       -----------------------------------------------------
otherwise set forth in a disclosure schedule delivered by Buyer at the time this
Agreement  is  executed  (the "Buyer Disclosure Schedule"), Buyer and P2S hereby
make  the  following representations and warranties to Seller and the Principal,
as  of  the  date  hereof  and  as  of  the  Closing  Date.

4.1     Organization  and  Good  Standing.  Buyer  and  P2S  is  each  a
        ---------------------------------
corporation  duly  incorporated, validly existing and in good standing under the
laws  of  its jurisdiction of formation, with full corporate power and authority
to  own,  lease  and  operate  its  business  and properties and to carry on its
business  in  the places and in the manner as presently conducted or proposed to
be  conducted.  Buyer  and P2S is each in good standing as a foreign corporation
in  each  jurisdiction in which the properties owned, leased or operated, or the
business  conducted, by it requires such qualification, except where the failure
to  so qualify would not have a material adverse effect on the business of Buyer
and  P2S,  taken  as  a  whole, or consummation of the transactions contemplated
hereby  (a  "Buyer  Material  Adverse  Effect").

4.2     Authority  and  Enforcement.   Buyer and P2S each has all requisite
        ---------------------------
corporate  power  and  authority  to  execute and deliver this Agreement, and to
consummate  the  transactions contemplated hereby.  Buyer and P2S has each taken
all  corporate action necessary for the execution and delivery of this Agreement
and the consummation of the transactions contemplated hereby, and this Agreement
constitutes  the  valid  and  binding  obligation  of Buyer and P2S, enforceable
against  each  in  accordance  with  its  terms,  except  as  may be affected by
bankruptcy,  insolvency,  moratorium  or  other  similar  laws  affecting  the
enforcement of creditors' rights generally and subject to the qualification that
the availability of equitable remedies is subject to the discretion of the court
before  which  any  proceeding  therefor  may  be  brought.

4.1     No  Conflicts  or  Defaults.  The  execution  and  delivery of this
        ---------------------------
Agreement by Buyer and P2S and the consummation of the transactions contemplated
hereby  do  not  and  shall  not  (a)  contravene the Certificate or Articles of
Incorporation  or  Bylaws  of  Buyer or P2S or (b) with or without the giving of
notice  or  the  passage  of  time  (i)  violate,  conflict with, or result in a
material breach of, or a material default or loss of rights under, any covenant,
agreement,  mortgage,  indenture,  lease, instrument, permit or license to which
Buyer  or  P2S  is  a  party or by which Buyer or P2S is bound, or any judgment,
order  or  decree,  or  any  law,  rule  or  regulation to which Buyer or P2S is
subject,  (ii) result in the creation of, or give any party the right to create,
any  Lien upon any assets or properties of Buyer or P2S, (iii) terminate or give
any  party  the  right  to  terminate,  amend, abandon or refuse to perform, any
material  agreement, arrangement or commitment relating to which Buyer or P2S is
a  party,  or  (iv)  result  in  a  Buyer  Material  Adverse  Effect.

<PAGE>

4.2     Consents of Third Parties.  The execution, delivery and performance
        -------------------------
of  this  Agreement and the consummation of the transactions contemplated hereby
by  Buyer or P2S does not require the consent of any person, or such consent has
been  or  will  be  obtained  in  writing  prior  to  the  Closing.

4.3     Actions Pending.  There is no action, suit, claim, investigation or
        ----------------
proceeding  pending  or,  to  the  knowledge of Buyer or P2S, threatened against
Buyer  or P2S which questions the validity of this Agreement or the transactions
contemplated  hereby  or  any  action  taken  or  to be taken pursuant hereto or
thereto.  There  is  no action, suit, claim, investigation or proceeding pending
or,  to  the knowledge of Buyer or P2S, threatened against or involving Buyer or
P2S  or  any of their respective properties or assets.  There are no outstanding
orders,  judgments,  injunctions,  awards or decrees of any court, arbitrator or
governmental  or  regulatory  body  against  Buyer  or  P2S  or  affecting their
respective  assets.

4.4     Disclosure.  The representations, warranties and acknowledgments of
        ----------
Buyer  and  P2S set forth herein are true, complete and accurate in all material
respects  and  do  not  omit  any  fact  necessary to make such representations,
warranties  and  acknowledgments  not  misleading.

5.     Conditions  to  Closing.
       -----------------------

5.1     Conditions  Precedent  to P2S and Buyer's Obligation to Close.  The
        -------------------------------------------------------------
obligation  of Buyer and P2S to consummate the transactions contemplated by this
Agreement  is subject to satisfaction of the following conditions on or prior to
the  Closing  Date:

     (a)  The  representations  and  warranties  of Seller and the Principal set
forth  in  Section 3 above shall be true and correct in all material respects at
and  as  of  the  Closing  Date.

     (b)  Seller and the Principal shall have performed and complied with all of
their  respective  covenants  hereunder  in  all  material  respects through the
Closing  Date.

     (c)  No  action,  suit, or proceeding shall be pending or threatened before
any  court  or  quasi-judicial  or  administrative agency of any federal, state,
local,  or  foreign jurisdiction or before any arbitrator wherein an unfavorable
injunction,  judgment,  order,  decree,  ruling,  or charge would (i) prevent or
adversely  affect  Buyer's  or  P2S's  consummation  of  any of the transactions
contemplated  by  this  Agreement  or  (ii)  cause  any  of  the  transactions
contemplated  by  this  Agreement to be rescinded following consummation; and no
such  injunction, judgment, order, decree, ruling, or charge shall be in effect.

     (d)  No  material adverse change shall have taken place with respect to the
assets,  and no event shall have occurred that could result in a Seller Material
Adverse  Effect.

<PAGE>

     (e) Seller shall have held a duly convened meeting of its shareholders upon
such notice and otherwise as required by the laws of the State of South Carolina
(the  "Shareholders  Meeting").  At  least  ten  days  prior to the Shareholders
Meeting,  Seller  shall have delivered to each of Seller's shareholders entitled
to  notice  of  and  to  vote  at  the  Shareholders  Meeting (i) a copy of this
Agreement,  (ii)  the  Schedules  and  Exhibits  hereto  and (iii) a copy of the
dissenter's  rights  statute  of  the  State  of South Carolina in a manner that
complies  with  the corporate laws of the State of South Carolina. The foregoing
documents  and  information shall also be delivered to each member of a class or
group  entitled under the laws of the State of South Carolina to vote as a class
or  group in connection with the transactions contemplated by this Agreement. At
the  Shareholders  Meeting,  this  Agreement  and  the transactions contemplated
hereby  shall  be approved by holders of the outstanding capital stock of Seller
entitled  to vote at the Shareholders Meeting in an amount sufficient to satisfy
the  requirements  of  the  laws  of  the  State  of  South  Carolina.

     (f)  No  shares  entitled  to  vote  at the Shareholders Meeting shall have
exercised  dissenter's  rights.

     (g)  Seller shall have delivered to Buyer and P2S a certificate executed by
a  duly  authorized  executive  officer of Seller, and by the Principal, stating
that  all  of  the  conditions specified above in Section 5.1(a) - (f) have been
complied  with;

     (h)  Buyer  shall  be  reasonably  satisfied  with  the  results of its due
diligence  review  of  Seller,  the  Business  and  the  Assets;

     (i)  Seller  shall  have  executed  and  delivered  to  Buyer  a Consulting
Agreement  in  form and substance mutually acceptable to Buyer and the Principal
(the  "Consulting  Agreement");

     (j)  Buyer  and  P2S  shall  receive  confirmation  from their professional
financial  advisers,  in  form  and substance satisfactory to them in their sole
reasonable  discretion,  that  the books and records of Seller are sufficient to
permit audited financial statements of Seller to be prepared for the years ended
December  31,  2204  and  December 31, 2003,or such shorter period as Seller has
been  in  existence in accordance with GAAP and the rules and regulations of the
Securities  and  Exchange  Commission;

     (k)  Buyer  and  Seller  shall  have  mutually  agreed upon those insurance
deposits  to  be  reimbursed  to  Seller  at  the  time  of  Closing;  and

     (l)  All  actions  to be taken by Seller in connection with consummation of
the  transactions  contemplated  hereby  and  all  certificates,  opinions,
instruments,  and  other  documents  required  to  effect  the  transactions
contemplated hereby will be reasonably satisfactory in form and substance to the
Buyer  and  P2S.

<PAGE>

5.2     Conditions  Precedent to Seller's and the Principal's Obligation to
        -------------------------------------------------------------------
Close.  The  obligation  of  Seller  and  the  Principal  to  consummate  the
-----
transactions  contemplated  hereby  is  subject to satisfaction of the following
conditions  on  or  prior  to  the  Closing  Date:

     (a)     The  representations  and  warranties of Buyer and P2S set forth in
Section  4 above shall be true and correct in all material respects at and as of
the  Closing  Date.

     (b)     Buyer  and  P2S  shall each have performed and complied with all of
their  respective  covenants  hereunder  in  all  material  respects through the
Closing  Date.

     (c)     No  action,  suit,  or  proceeding  shall  be pending or threatened
before  any  court  or  quasi-judicial  or administrative agency of any federal,
state,  local,  or  foreign  jurisdiction  or  before  any arbitrator wherein an
unfavorable  injunction,  judgment,  order,  decree, ruling, or charge would (i)
prevent  or  adversely  affect  Buyer's  consummation of any of the transactions
contemplated  by  this  Agreement  or  (ii)  cause  any  of  the  transactions
contemplated  by  this  Agreement to be rescinded following consummation; and no
such  injunction, judgment, order, decree, ruling, or charge shall be in effect;

     (d)     No  material  adverse change shall have taken place with respect to
Buyer  or P2S, and no event shall have occurred that results in a Buyer Material
Adverse  Effect.

     (e)     Buyer and P2S shall each have delivered to the Seller a certificate
to  the  effect that each of the conditions specified above in Sections 5.2(a) -
(d)  has  been  complied  with  in  all  respects;

     (f)     Seller  shall  be  satisfied  with the results of its due diligence
review  of  Buyer;  and  P2S;

     (g)     Buyer shall have executed and delivered to Principal the Consulting
Agreement;

     (h)     Buyer  and  Seller  shall have mutually agreed upon those insurance
deposits  to  be  reimbursed  to  Seller  at  the  time  of  Closing;  and

     (i)     All  actions  to  be  taken  by  Buyer  and  P2S in connection with
consummation  of  the  transactions  contemplated  hereby  and all certificates,
opinions,  instruments,  and other documents required to effect the transactions
contemplated  hereby  will  be  reasonably satisfactory in form and substance to
Seller  and  the  Principal.

6.     Closing;  Closing  Date.  A closing of the transactions contemplated
       -----------------------
hereby  the  "Closing")  will take place at such time, not later than  March 15,
2005,  at  the  offices  of  Buyer's  counsel, that is agreed upon by Seller and
Buyer.  The  date  on which the Closing is held is referred to in this Agreement
as  the  "Closing  Date."

7.      Documents  to  be  Delivered  at  the  Closing.
        ----------------------------------------------

7.1     Documents  to  be  Delivered  by  Seller  or the Principal.  At the
        ----------------------------------------------------------
Closing,  Seller  and/or  the  Principal,  as the case may be, shall deliver, or
cause  to  be  delivered,  to  Buyer  the  following:

<PAGE>

     (a)     a  duly executed bill of sale, dated the Closing Date, transferring
to Buyer all of Seller's right, title and interest in and to the Assets together
with  possession  of  the  Assets;

     (b)     a  duly  executed assignment, transferring to Buyer all of Seller's
right,  title  and interest in and to the contracts, agreements, contract rights
and Intellectual Property included in the Assets, accompanied by any third party
consents  contemplated  by  Section  3.4;

     (c)     the  certificate  required  by  Section  5.1(g),  above;

     (d)     a copy of resolutions of the board of directors and shareholders of
Seller,  certified by an executive officer of Seller, authorizing the execution,
delivery  and  performance  of  this  Agreement  by  Seller;  and

     (e)     the  Consulting  Agreement  executed  by  Principal;  and

     (e)     such  other certificates, documents and instruments as Buyer or P2S
may  have  reasonably  requested in connection with the transaction contemplated
hereby.

7.2     Documents  to  be  Delivered by Buyer.  At the Closing, Buyer shall
        -------------------------------------
deliver or cause to be delivered to Seller and/or the Principal, as the case may
be,  the  following:

     (a)     the  certificate  required  by  Section  5.2(e);

     (b)     a  copy  of resolutions of the board of directors and shareholders,
if  required,
of  Buyer  and  P2S, each certified by an executive officer of Buyer and P2S, as
the  case  may  be,  authorizing the execution, delivery and performance of this
Agreement  by  Buyer  and  P2S;

     (c)     certificates  evidencing  the  P2S  Warrants;

     (d)     the  Consulting  Agreement  executed  by  Buyer;  and

     (e)     such  other  certificates,  documents  and  instruments  as  Seller
may  have  reasonably  requested in connection with the transaction contemplated
hereby.

8.     Additional  Covenants.
       ---------------------

8.1     Access  to  Books  and  Records.  During  the  course  of  this
        -------------------------------
transaction,  from  the  date  hereof through Closing, each party agrees to make
available  for inspection all corporate books, records and assets, and otherwise
afford  to each other and their respective representatives, reasonable access to
all  documentation  ad  other information concerning the business, financial and
legal  conditions  of  each  other for the purpose of conducting a due diligence
investigation  thereof.  Such  due  diligence  investigation  shall  be  for the
purpose  of  satisfying  each  party  as  to  the  business, financial and legal
condition  of  each  other  for  the  purpose of determining the desirability of
consummating  the  proposed  transaction.  The  parties  further  agree  to keep
confidential  and  not use for their own benefit, except in accordance with this
Agreement  any information or documentation obtained in connection with any such
investigation.

<PAGE>

8.2     Further Assurances.  If, at any time after the Closing, the parties
        ------------------
shall  consider  or be advised that any further deeds, assignments or assurances
in  law  or that any other things are necessary, desirable or proper to complete
the  transactions  contemplated  hereby  in  accordance  with  the terms of this
agreement  or  to vest, perfect or confirm, of record or otherwise, the title to
any  property  or  rights  of  the  parties hereto, the parties agree that their
proper  officers  and directors shall execute and deliver all such proper deeds,
assignments  and  assurances  in  law  and do all things necessary, desirable or
proper  to  vest,  perfect  or  confirm  title  to  such  property or rights and
otherwise  to  carry  out  the  purpose  of  this Agreement, and that the proper
officers and directors the parties are fully authorized to take any and all such
action.

8.3     No  Public  Disclosure.  Without  the  prior written consent of the
        ----------------------
other, which written consent will not be unreasonably withheld, no party to this
Agreement  will,  and  will  each cause their respective representatives not to,
make  any release to the press or other public disclosure with respect to either
the  fact  that  discussions  or  negotiations  have  taken place concerning the
transactions  contemplated  by this Agreement, the existence or contents of this
Agreement or any prior correspondence relating to this transactions contemplated
by this Agreement, except for such public disclosure as may be necessary, in the
written  opinion  of  outside  counsel  (reasonably  satisfactory  to  the other
parties)  for  the party proposing to make the disclosure not to be in violation
of  or  default  under any applicable law, regulation or governmental order.  If
either  party  proposes  to make any disclosure based upon such an opinion, that
party  will deliver a copy of such opinion to the other party, together with the
text  of  the  proposed  disclosure,  as  far in advance of its disclosure as is
practicable, and will in good faith consult with and consider the suggestions of
the  other  party concerning the nature and scope of the information it proposes
to  disclose.

8.4     Right  to Rescind.  The parties to this Agreement agree and confirm
        -----------------
that  P2S  shall  have  the right to rescind this Agreement and the transactions
contemplated  hereby,  and  cause  the  parties  to  be restored to their status
immediately  prior  to  the  Closing,  in  the  event that the audited financial
statements  of  Seller  described  in the last sentence of Section 3.9 cannot be
prepared  and  timely  filed  with  the  Securities  and  Exchange  Commission.

9.     Indemnification  and  Related  Matters.
       --------------------------------------

9.1          Indemnification  by  Seller  and  the  Principals.  Seller  and the
             -------------------------------------------------
Principal,  jointly  and severally, hereby indemnify and hold Buyer and P2S, and
their  respective  officers,  directors,  affiliates,  successors  and  assigns,
harmless from and against any and all damages, losses, liabilities, obligations,
costs or expenses incurred by Buyer and P2S and arising out of the breach of any
representation  or  warranty  of  Seller  and/or the Principal hereunder, and/or
Seller's  and/or  the  Principal's failure to perform any covenant or obligation
required  to  be  performed  by  it  hereunder.

9.2     Indemnification  by  Buyer  and  P2S.   Buyer  and P2S, jointly and
        ------------------------------------
severally,  hereby indemnify and hold Seller and Principal, and their respective
officers,  directors, affiliates, successors, legal representatives and assigns,
harmless from and against any and all damages, losses, liabilities, obligations,
costs  or  expenses  incurred  by Seller and/or Principal and arising out of the
breach  of  any  representation  or  warranty  of Buyer or P2S hereunder, and/or
Buyer's  and/or  P2S's failure to perform any covenant or obligation required to
be  performed  by  either  of  them  hereunder.

<PAGE>

9.3     Procedure  for  Indemnification.  Any  party  entitled  to
        -------------------------------
indemnification  under this Article 9 (an "Indemnified Party") will give written
notice  to  the  indemnifying  party  of  any matters giving rise to a claim for
indemnification;  provided,  that  the  failure  of  any  party  entitled  to
indemnification  hereunder  to  give notice as provided herein shall not relieve
the  indemnifying  party  of  its obligations under this Article 9 except to the
extent  that  the  indemnifying  party is actually prejudiced by such failure to
give  notice.  In  case  any  action,  proceeding or claim is brought against an
Indemnified  Party  in respect of which indemnification is sought hereunder, the
indemnifying  party  shall  be  entitled  to  participate  in and, unless in the
reasonable  judgment  of counsel to the Indemnified Party a conflict of interest
between  it  and  the  indemnifying party may exist with respect of such action,
proceeding  or  claim,  to  assume  the  defense thereof with counsel reasonably
satisfactory  to the Indemnified Party. In the event that the indemnifying party
advises  an  Indemnified  Party  that  it  will  not  contest  such  a claim for
indemnification  hereunder,  or  fails,  within  30  days  of  receipt  of  any
indemnification  notice  to  notify,  in writing, such person of its election to
defend,  settle  or  compromise,  at  its  sole  cost  and  expense, any action,
proceeding  or claim (or discontinues its defense at any time after it commences
such  defense), then the Indemnified Party may, at its option, defend, settle or
otherwise compromise or pay such action or claim. In any event, unless and until
the  indemnifying  party  elects  in  writing  to  assume and does so assume the
defense  of  any such claim, proceeding or action, the Indemnified Party's costs
and  expenses  arising  out of the defense, settlement or compromise of any such
action,  claim  or  proceeding  shall  be  losses  subject  to  indemnification
hereunder.  The  Indemnified  Party  shall cooperate fully with the indemnifying
party  in  connection  with  any  settlement negotiations or defense of any such
action  or claim by the indemnifying party and shall furnish to the indemnifying
party  all  information  reasonably  available  to  the Indemnified Party, which
relates  to  such  action  or  claim.  The  indemnifying  party  shall  keep the
Indemnified Party fully apprised at all times as to the status of the defense or
any  settlement  negotiations  with  respect  thereto. If the indemnifying party
elects  to  defend any such action or claim, then the Indemnified Party shall be
entitled  to  participate in such defense with counsel of its choice at its sole
cost  and expense. The indemnifying party shall not be liable for any settlement
of  any  action, claim or proceeding affected without its prior written consent.
Notwithstanding  anything  in  this  Article 9 to the contrary, the indemnifying
party  shall  not, without the Indemnified Party's prior written consent, settle
or  compromise  any claim or consent to entry of any judgment in respect thereof
which  imposes  any future obligation on the Indemnified Party or which does not
include,  as  an  unconditional  term thereof, the giving by the claimant or the
plaintiff to the Indemnified Party of a release from all liability in respect of
such  claim.  The  indemnity agreements contained herein shall be in addition to
(a)  any  cause of action or similar rights of the Indemnified Party against the
indemnifying party or others, and (b) any liabilities the indemnifying party may
be  subject  to.

9.4     Basket.  Notwithstanding any conflicting or inconsistent provisions
        ------
hereof,  Seller  and  the Principal shall not be liable in damages, indemnity or
otherwise  to  Buyer  or  P2S  in  respect  of  the  inaccuracy or breach of any
representations,  warranties,  covenants  or  agreements  herein,  except to the
extent  that  the  damages  to Buyer and/or P2S, singularly or in the aggregate,
exceed  the  sum  of  $10,000;  provided  that  Seller's and Principal's maximum
obligation  under  this  sentence  shall not exceed $1,000,000 in the aggregate.
Notwithstanding any conflicting or inconsistent provisions hereof, Buyer and P2S
shall  not be liable in damages, indemnity or otherwise to Seller, the Principal
(or any designee) in respect to the inaccuracy or breach of any representations,
warranties,  covenants or agreements herein except to the extent that damages to
Seller  exceed,  individually  or in the aggregate, the sum of $10,000; provided
that  Buyer's  and P2S's maximum obligation under this sentence shall not exceed
$1,000,000  in  the  aggregate.

<PAGE>

10.     Termination.
        -----------

10.1     Termination  by  Mutual Consent.  This Agreement may be terminated
         -------------------------------
by  mutual  consent  of  the  parties, in writing, signed by each of the parties
hereto.

10.2     Termination by Buyer and P2S.  This Agreement may be terminated by
         ----------------------------
Buyer and/or P2S, by written notice to Seller, (a) if the Closing does not occur
prior  to  March  31,  2005,  (b)  in  the  event  of  a  material breach of any
representation  or  warranty of Seller and/or the Principal hereunder, or (c) in
the  event  Seller  and/or  Principal  hereunder  fail  to  perform any material
covenant or obligation required to be performed by it hereunder and such failure
remains  uncured  for  ten  days  following  such  written  notice.

10.3     Termination  by  Seller  and the Principal.  This Agreement may be
         ------------------------------------------
terminated  by Seller or the Principal, by written notice to Buyer, in the event
of  a  material  breach  of  any  representation  or  warranty  of  Buyer or P2S
hereunder,  or  in the event Buyer or P2S fails to perform any material covenant
or  obligation required to be performed by it hereunder and such failure remains
uncured  for  ten  days  following  such  written  notice.

10.4     Effect  of  Termination.  Termination  of  this  Agreement  under
         -----------------------
Section  10.02  or 10.03 hereof shall not preclude the parties from pursuing all
remedies  available  to  them  under  applicable  law  arising by reason of such
termination.  In  the  event of termination of this Agreement, the Note [as such
term  is  defined  in  Section  2.2(a)]  shall  be  immediately due and payable.

11.      Miscellaneous.
         -------------

11.1     Finders.  Buyer  and  P2S,  on  the  one  hand, and Seller and the
         -------
Principal,  on the other hand, represent and warrant that they have not employed
or  utilized  the  services  of  any  broker  or  finder in connection with this
Agreement  or  the  transactions  contemplated  by it.  Seller and the Principal
jointly  and severally, shall indemnify and hold Buyer and P2S harmless from and
against  any  and  all  claims  for  brokers' commissions made by any party as a
result  of  this  Agreement and transaction contemplated hereunder to the extent
that  any  such  commission  was incurred, or alleged to have been incurred, by,
through  or  under  Seller.  Buyer and P2S jointly and severally shall indemnify
and  hold  Seller and the Principal harmless from and against any and all claims
for  brokers'  commissions  made  by any party as a result of this Agreement and
transaction  contemplated  hereunder  to the extent that any such commission was
incurred,  or  alleged to have been incurred, by, through or under Buyer or P2S.

11.2     Expenses.  Except  as  otherwise  specifically  provided  in  this
         --------
Agreement,  Buyer, P2S, the Principal and Seller shall bear their own respective
expenses  incurred  in connection with this Agreement and in connection with all
obligations  required  to  be  performed  by  each of them under this Agreement.

<PAGE>

11.3     Entire  Agreement;  No  Waiver.  This Agreement, the Schedules and
         ------------------------------
any  instruments  and agreements to be executed pursuant to this Agreement, sets
forth the entire understanding of the parties hereto with respect to its subject
matter,  merges and supersedes all prior and contemporaneous understandings with
respect  to its subject matter and may not be waived or modified, in whole or in
part,  except  by  a writing signed by each of the parties hereto.  No waiver of
any  provision  of this Agreement in any instance shall be deemed to be a waiver
of  the same or any other provision in any other instance.  Failure of any party
to enforce any provision of this Agreement shall not be construed as a waiver of
its  rights  under  such provision.  Without limiting the foregoing, the parties
hereby  agree and acknowledge that the version of this Agreement dated "February
__,  2005"  and signed by the parties shall be superceded by this Agreement, and
upon  execution  of  this Agreement, such other agreement shall be of no further
force  or  effect.

11.4     Jurisdiction  and Governing Law.  This Agreement shall be governed
         -------------------------------
by  and  interpreted in accordance with the laws of the state of Florida without
regard  to  the principles of conflict of laws.  Each of the parties irrevocably
and unconditionally agrees that any suit, action or legal proceeding arising out
of  or  relating  to  this  Agreement  shall  be  settled by binding arbitration
conducted in accordance with the Commercial Rules of Arbitration of the American
Arbitration  Association ("AAA"). The arbitration shall take place in Palm Beach
County,  Florida,  and  shall  be heard by one arbitrator selected in accordance
with  AAA  Rules  of  Commercial  Arbitration.  The  arbitrator  shall  render a
reasoned  award  and  such award shall be signed and dated.  The decision of the
arbitrator  shall  be  final  and  binding upon the parties, and the arbitration
award  may  be  entered  in  any court of competent jurisdiction.  Pending final
determination  by  the arbitrator, each of the parties shall pay one-half of the
fees  of  the AAA (other than filing fees), including without limitation hearing
and  arbitrator's  fees,  and  the  parties'  obligation  to  pay  such  fees in
accordance  with  AAA  rules  shall  be  enforceable  in  any court of competent
jurisdiction.  The  parties  to  any  arbitration  hereunder agree to submit for
determination  by  the  arbitrator,  the  amount of fees and expenses, including
reasonable  attorney's  fees,  to  be  borne  by  each  party.

11.5     Construction.  Headings  contained  in  this  Agreement  are  for
         ------------
convenience  only and shall not be used in the interpretation of this Agreement.
References  herein  to  Articles,  Sections  and  Exhibits  are to the articles,
sections  and  exhibits, respectively, of this Agreement.  The Seller Disclosure
Schedule  is  hereby  incorporated  herein  by reference and made a part of this
Agreement.  As used herein, the singular includes the plural, and the masculine,
feminine  and  neuter  gender  each  includes  the  others  where the context so
indicates.

11.6     Notices.  All  notices  and  other  communications  under  this
         -------
Agreement  shall  be  in  writing  and  shall  be  deemed  given  when delivered
personally (including by confirmed legible telecopier transmission) or mailed by
certified  mail,  return  receipt  requested,  or  by  overnight  mail  properly
receipted  to  the  parties  at the following addresses (or to such address as a
party  may  have  specified  by notice given to the other party pursuant to this
provision):

<PAGE>

     If  to  Seller  or  the  Principal:

     Michael  Allora
     G.  F.  C.,  Inc.
     136  Freeway  Drive  East
     East  Orange,  New  Jersey  07018
     Telephone  No.:(973)  266-7020
     Telecopy  No.:  (973)  266-7083

     With  a  copy  (which  shall  not  constitute  notice)  to:

     Stephen  E.  Lampf,  Esq.
     Lampf,  Lipkind,  Prupis  &  Petigrow,  P.A.
     80  Main  Street
     West  Orange,  New  Jersey  07052-5482

     If  to  P2S,  to:

     Power2Ship,  Inc.
     903  Clint  Moore  Road
     Boca  Raton,  FL  33431
     Attn:     Richard  Hersh,  President
     Telephone  No.:  (561)  998-7557
     Telecopy  No.:     (561)  998-7821

     If  to  Buyer,  to:

     Power2Ship,  Inc.
     903  Clint  Moore  Road
     Boca  Raton,  FL  33431
     Attn:     Richard  Hersh,  President
     Telephone  No.:  (561)  998-7557
     Telecopy  No.:    (561)  998-7821

11.7     Severability.  In the event that any provision hereof would, under
         ------------
applicable  law,  be invalid or enforceable in any respect, such provision shall
be  construed  by  modifying or limiting it so as to be valid and enforceable to
the  maximum extent compatible with, and permissible under, applicable law.  The
invalidity  or  unenforceability  of  any  provision of this Agreement shall not
affect  the validity or enforceability of any other provision of this Agreement,
which  shall  remain  in  full  force  and  effect.

11.8     Binding  Effect; Assignment.  This Agreement shall be binding upon
         ---------------------------
and  inure  to  the  benefit  of the parties and their respective successors and
permitted  assigns.  Nothing  in  this  Agreement  shall  create or be deemed to
create any third party beneficiary rights in any person or entity not a party to
this  Agreement.  No assignment of this Agreement or of any rights or obligation
hereunder may be made by either party (by operation of law or otherwise) without
the  prior written consent of the other and any attempted assignment without the
required  consent  shall  be  void.

<PAGE>

11.9     Counterparts.  This  Agreement  may  be  executed in counterparts,
         ------------
each  of which shall be an original, but which together shall constitute one and
the  same  Agreement.

<PAGE>

IN WITNESS WHEREOF, we have executed this Agreement as of the day and year first
above  written.

                                POWER2SHIP,  INC.,  A  NEVADA  CORPORATION

                                By: /s/ Richard Hersh
                                    -----------------------
                                    Richard  Hersh,  President

                                POWER2SHIP  ,  INC.,  A  DELAWARE  CORPORATION

                                By: /s/ Richard Hersh
                                    -----------------------
                                    Richard  Hersh,  President

                                G.F.C.,  INC.

                                By: /s/ Michael Allora
                                    ----------------------
                                     Michael  Allora,  President

                                THE  PRINCIPAL

                                    /s/ Michael Allora
                                    ----------------------
                                    Michael  Allora

<PAGE>

                                  SCHEDULE 1.1
                                     ASSETS
                                     ------

(a)  Thos  trucking  and  brokerage  authority  permits identified (by attaching
     copies  or  otherwise)  on  Annex  1.1(a).
(b)  Those  contracts  with shipping customers that are identified (by attaching
     copies  or  otherwise)  on  Annex  1.1(b).
(c)  Those  contracts  with  agents  that are identified (by attaching copies or
     otherwise)  on  Annex  1.1(c).
(d)  Those  lease contracts with owner-operators as are identified (by attaching
     copies  or  otherwise)  on  Annex  1.1(d).
(e)  All  of  Buyer's  right,  title and interest in and to escrow deposits from
     those  owner-operators  and  agents  as  are  identified  on  Annex 1.1(e).
(f)  All  of Buyer's right, title and interest in and to the telephone number(s)
     used  by  Buyer  in  the  conduct  of  its  business.

<PAGE>

                                  SCHEDULE 1.2
                                   LIABILITIES
                                   -----------

(a)  Obligations  corresponding  to the owner-operator and agent escrow deposits
     identified  on  Annex  1.1(e).

<PAGE>CONSULTING AGREEMENT
                              --------------------

     CONSULTING AGREEMENT (the "Agreement") dated as of the 21 day of March
2005, between POWER2SHIP INTERMODAL, INC., a Delaware corporation ("Company"),
POWER2SHIP, INC., a Nevada corporation ("P2S") and MICHAEL ALLORA, an individual
resident in the State of New Jersey ("Consultant").

                                R E C I T A L S:

     A.     Company is a indirect wholly-owned subsidiary of P2S and will
principally be engaged in the business of intermodal transportation (the
"Business");

     B.     Company desires to engage Consultant to provide the services
hereinafter described relating to the Business;

     C.     Consultant acknowledges that it has the technical knowledge and
business background and experience to undertake its duties hereunder and will
diligently and faithfully render the services requested by Company; and

     D.     This Agreement is being entered into in conjunction with the
Company's acquisition of substantially all of the assets of G.F.C., Inc., a
South Carolina corporation, pursuant to the terms of an Asset Purchase Agreement
dated February 16, 2005.

          NOW, THEREFORE, in consideration of the terms and the mutual
undertakings contained herein, and other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged by the parties, it is
agreed as follows:

     1.     Term.  Subject to the terms and conditions set forth herein, this
            ----
Agreement shall commence on the date set forth above (the "Effective Date") and
expire on the fifth anniversary of the Effective Date; provided, however, that
this Agreement will automatically be extended for successive, one-year renewal
terms, upon such terms and conditions as may be agreed upon, in writing, by
Company and Consultant, unless earlier terminated as provided herein.  Except as
set forth to the contrary, the phrase "the term of this Agreement" shall include
any renewal term(s).

     2.     Services, Availability of Consultant.  Company hereby engages
            ------------------------------------
Consultant to provide the services herein described (the "Services") and to
faithfully perform his obligations hereunder.  Consultant shall report directly
to a designee of the Board of Directors of the Company, and shall perform his
Services at the direction of the Company's Board of Directors.  Consultant shall
devote such time and attention to his duties under this Agreement as may be
required in order to faithfully perform his obligations hereunder; it being the
expectation of the parties that Consultant shall devote fifteen hours to his
responsibilities hereunder.

     3.     Duties.  For purposes hereof, the Consultant shall be General
            ------
Manager of the Company and the Services shall include and the Consultant shall
be responsible for the day to day management of all phases of the Company's
business including

-          DOT and other Governmental compliance
-          Hiring and supervision of agents
-          Hiring and supervision of owner operators
-          Accounts receivables
-          Accounts payable
-          Billing
-          Proper payment to agents
-          Proper payment to owner operators, and
-          Such other matters as may be requested by the President, Chief
           Executive Officer or Board of Directors of the Company and agreed to
           by Consultant.

<PAGE>

In connection with the Services to be provided by the Consultant to the Company,
Company will provide assistance to the Consultant with respect to IT, legal
issues and financial matters including banking, A/R loan, and accounting and
accounting audits.

     4.     Compensation.  As full compensation hereunder for the faithful
            ------------
performance of the Services and adherence to the covenants and undertakings of
Consultant under this Agreement:

     (a)     Company shall pay to Consultant a commission earned on each
anniversary date of the date of this Agreement equal to 5% (payable 1% per year
for 5 years) of the gross revenue of the Company in excess of the actual Company
revenue generated during the prior year as long as Consultant remains General
Manager of the Company pursuant to this Agreement. For the purpose of
calculating the commission on the first anniversary date, it shall be agreed
that actual revenue in the year prior to the date of this Agreement was
$6,000,000. For example, if the Company's actual revenue increases from
$6,000,000 to $10,000,000 in the first year after the date of this Agreement,
then Consultant would earn a commission of $200,000 that would be paid $40,000
per year at the beginning of years 2 through 6. All intermodal transportation
services generated by P2S or any P2S subsidiary shall be referred to and handled
by the Company.

     (b)    In addition, the Consultant shall be granted a three-year option for
shares of common stock of P2S ("Option") on each anniversary date of the date of
this Agreement if the Company's actual gross revenue increases from the prior
year's actual gross revenue as long as the Consultant remains General Manager of
the Company pursuant to this Agreement. For the purpose of calculating the
Option on the first anniversary date, it shall be agreed that the Option shall
be based on revenue in excess of $10,000,000. The number of shares of common
stock which the Consultant may purchase upon exercise of the Option shall be
calculated by multiplying the increase in revenue by 2% and dividing that number
by the price of the common stock of P2S at that time (the exercise price per
share). For example, if the Company's revenue in year 1 is $11,000,000 and P2S's
common stock closes at $.50 on the one-year anniversary, then the Consultant
would be granted an Option to purchase 40,000 shares of common stock of P2S= [2%
x $1,000,000] / $.50. The exercise price of the Option and the number of shares
issuable upon exercise of the Option (the "Option Shares") shall be subject to
proportionate adjustment in the event of stock splits, dividends or similar
corporate recapitalizations.  In the event P2S desires to grant the Option or
issue the Option Shares under a stock option plan, the terms of the Option and
Option Shares shall, to the extent not inconsistent herewith, be subject to the
terms and conditions of such plan.

     (c)     During the term of this Agreement, the Consultant shall be entitled
to receive proper reimbursement for all reasonable, out-of-pocket expenses
incurred by the Consultant (in accordance with the policies and procedures
established by the Company for its officers) in performing the Services
hereunder, provided the Consultant receives prior written approval therefore and
submits a properly completed Company expense report with appropriate receipts.

<PAGE>

(d)     In  addition,  the  Consultant  shall  be granted a three-year option to
purchase up to 200,000 shares of common stock of P2S at an exercise price equal
to the current market price of the common stock on the day prior to issuance
when and for special sales opportunities as approved by the Company's Board of
Directors.

     5.     Return of Documents.  On termination of this Agreement or at any
            -------------------
time upon the request of Company, Consultant shall return to Company all
documents, including all copies thereof, and all other property relating to the
Business of Company and/or its Affiliates (as hereinafter defined), including
without limitation, Confidential Information (as hereinafter defined), in its
possession or control, no matter from whom or in what manner they may have
acquired such property.

     6.     Confidentiality.
            ---------------

     (a)     In connection with this Agreement, Consultant may gain access to
Confidential Information (as hereinafter defined) of Company and/or its
Affiliates, including but not limited to P2S (collectively, "Affiliates").
Confidential Information includes information communicated orally, in writing,
by electronic or magnetic media, by visual observation, or by other means, and
may be marked confidential or proprietary, or bear a marking of like import, or
which Company or any of its Affiliates state to be Confidential or proprietary,
or which would logically be considered confidential or proprietary under
circumstances of its disclosure known to Consultant.

     (b)     Consultant acknowledges and understands that (i) Confidential
Information provides Company and its Affiliates with a competitive advantage (or
that could be used to the disadvantage of Company and its Affiliates by a
competitor), (ii) Company and its Affiliates have a continuing interest in
maintaining the confidentiality of Confidential Information and (iii) Company
and its Affiliates have a compelling business interest in preventing unfair
competition stemming from the use or disclosure of Confidential Information.
Moreover, Consultant acknowledges that clients of Company and/or its Affiliates
entrust Company and its Affiliates with responsibility for acquiring knowledge
relating to aspects of their clients' businesses, with the expectation that
Company and its Affiliates will hold all such knowledge, including in some cases
the fact that they are doing business with Company and its Affiliates, and the
specific transactions in which they are engaged, in the strictest confidence
("Client Confidences").

     (c)    For purposes hereof, "Confidential Information" includes, but is not
limited to information pertaining to business plans, technology, intellectual
property, joint venture agreements, licensing agreements, financial information,
contracts, customers, Client Confidences, employee identities and contact
information, products, trade secrets, specifications, designs, plans, drawings,
software, data, prototypes, processes, methods, research, development or other
information relating to the business activities and operations of Company and/or
its Affiliates.

     (d)    Consultant agrees to keep Confidential Information confidential and,
except as authorized by Company or any of its Affiliates, in writing, Consultant
shall not, directly or indirectly, use Confidential Information for any reason
except to perform its obligations under this Agreement.  No other rights or
licenses, to trademarks, inventions, copyrights, patents or any other
intellectual property rights are implied or granted under this Agreement or by
the conveying of Confidential Information to Consultant.

<PAGE>

     (e)     Consultant shall use Confidential Information only for purposes of
performing under this Agreement.  In the event the performance of the Services
requires Consultant to disclose Confidential Information to any agent,
representative or other third person, disclosure shall be made only on an "as
needed" basis and Consultant shall advise those persons who require access to
the Confidential Information of their obligations with respect thereto.
Further, Consultant shall copy Confidential Information only as necessary, and
ensure that all confidentiality notices are reproduced in full on such copies.

     (f)     The restrictions in subsection (d) of this Section shall not apply
to any Confidential Information if Consultant can demonstrate that the
Confidential Information:

          (i)  is  or  becomes available to the public through no breach of this
     Agreement;

          (ii) was previously known by Consultant without any obligation to hold
     it  in  confidence;

          (iii) is received from a third party free to disclose such information
     without  restriction;

          (iv)  is  independently developed by Consultant without the use of the
     Confidential  Information;

          (v)  is  approved  for  release  by  written authorization of Company;

          (vi) is required by law or regulation to be disclosed, but only to the
     extent  and  for  the  purposes  of  such  required  disclosure;  or

          (vii)  is  disclosed in response to a valid order of a court or lawful
     request  of  a  governmental  agency, but only to the extent of and for the
     purposes  of  such  order  or  request,  provided  that Consultant notifies
     Company  of  the  order or request ten days prior to disclosure and permits
     Company  and/or  its  Affiliate  to  seek  an appropriate protective order.

     7.     Several Covenants.       Consultant undertakes that during the term
            -----------------
of this Agreement and for a period of 24 months thereafter he will not, directly
or indirectly (whether as a sole proprietor, partner, stockholder, director,
officer, employee or in any other capacity as principal or agent), do any of the
following:

     (a)     hire, or attempt to hire for employment, any person who is or
was an employee of Company or any of its Affiliates within the twelve month
period prior to the date of termination of this Agreement, or attempt to
influence any such person to terminate its employment by Company or any such
Affiliate; or

     (b)     in any other manner interfere with, disrupt or attempt to
disrupt the relationship, contractual or otherwise, between Company and its
Affiliates, on the one hand, and any of their respective employees, on the other
hand, or disparage the business or reputation of Company or its Affiliates to
any such persons.

     (c)     solicit, service or accept any actual or prospective accounts,
clients or customers from Company or its Affiliates who were such at any time
during the term of this Agreement;

<PAGE>

     (d)     influence or attempt, directly or indirectly to influence any
of the accounts, customers or clients referred to in Subsection 7(c) to transfer
their business or patronage from Company or any of its Affiliates to any other
person or company engaged in a similar business;

     (e)     assist any person or company soliciting, servicing or
accepting any of the accounts, customers or clients referred to in Subsection
7(c); or

     (f)     in any other manner interfere with, disrupt or attempt to
disrupt the relationship, contractual or otherwise, between Company or any of
its Affiliates, on the one hand, and any of the customers or clients referred to
in Subsection 7(c), on the other hand, or any other person, or disparage the
business or reputation of Company or any of its Affiliates to any such person.

     8.     Blue-Pencil. If any court of competent jurisdiction shall at any
            -----------
time deem the term of any of the covenants and undertakings of Consultant under
Sections 6 and 7 and herein too lengthy or broad, the other provisions of
Sections 6 and 7 shall nevertheless stand, the period of restriction shall be
deemed to be the longest period and broadest coverage permissible by law under
the circumstances. The court in each case shall reduce the period of restriction
to permissible duration.

     9.     Remedies.     Without intending to limit the remedies available to
            --------
Company and its Affiliates, Consultant agrees that a breach of any of the
covenants contained in Sections 6 and/or 7 may result in material and
irreparable injury to Company or its Affiliates for which there is no adequate
remedy at law, that it will not be possible to measure damages for such injuries
precisely and that, in the event of such a breach or threat thereof, Company and
its Affiliates shall be entitled to seek a temporary restraining order or a
preliminary or permanent injunction, or both, without bond or other security,
restraining Consultant from engaging in activities prohibited by Sections 6
and/or 7 or such other relief as may be required specifically to enforce any of
the covenants in such sections.  Such injunctive relief in any court shall be
available to Company and its Affiliates in lieu of, or prior to or pending
determination in, any other proceeding.

     10.     Representations  and  Covenants  of  Consultant.
             -----------------------------------------------

     (a)     Consultant hereby represents and warrants to Company and P2S that
(i) Consultant has the full, complete and entire right, power and authority to
enter into this Agreement, (ii) the execution of this Agreement by Consultant
and the performance of Consultant's Services hereunder will not, directly or
indirectly, violate, or be a breach of, any agreement, law, rule, regulation,
order, commitment or responsibility of any kind, (iii) this Agreement contains
the valid and binding obligations of Consultant and (iv) Consultant is not,
directly or indirectly, in breach of any confidentiality agreement or covenant
not to compete to which it is a party.

     (b)     Consultant represents and warrants to Company and P2S that (i) the
Option and Options Shares (collectively, the "Securities") will be acquired for
investment purposes only and not with a view towards their distribution or
resale except in compliance with applicable securities laws, (ii) the Securities
will be acquired for the account of the undersigned and no other person has any
interest in any of the Securities, (iii) Consultant has such knowledge and
experience in business and financial matters that it is able to evaluate the
risks and merits of its acquisition of the Securities, (iv) Consultant
understands that the Securities will not be registered under the Securities Act
of 1933, as amended, and that the Securities may not be sold, assigned, pledged,
transferred or otherwise disposed of absent such registration or the
availability of an applicable exemption from registration, (vi)  Consultant has
reviewed the periodic reports filed by P2S with the Securities and Exchange
Commission during the past year and understands that an investment in the
Securities is highly speculative, (vii) Consultant understands that there is
only a limited public market for the Securities and, therefore, that Consultant
have difficulty or may be unable to resell the Securities or, even if he is able
to do so, may be unable to realize a profit on resale and (viii) Consultant
understands that a legend will be placed on all certificates evidencing any of
the Securities referring to the restrictions described in subparagraph (iv) of
this Section 10(b).

<PAGE>

     (c)     Consultant will not use in the performance of his responsibilities
under this Agreement any confidential or proprietary information or trade
secrets of any other person or entity.

     (d)     Consultant has not entered into and will not enter into any
agreement (whether oral or written) in conflict with this Agreement.

     (e)     Consultant will promptly advise Company of any potential
conflict of interest that may arise during his service as a consultant to
Company, and will withdraw from any activity upon request when the Company, in
its sole discretion, deems such withdrawal necessary or desirable to avoid any
actual or potential conflict of interest.

     (f)     Consultant shall execute and deliver to Company such
Non-Disclosure Agreements and/or Business Ethics and related policies as are
established from time-to-time by Company, and are generally applicable to
Company's consultants.

     (g)     In the performance of its duties hereunder, Consultant shall,
at all times:

          (i)  observe  the  strictest  rules  of  professional,  technical  and
     commercial  ethics;

          (ii) comply with all applicable laws, rules and regulations, including
     those of the Securities and Exchange Commission and each other regulatory
     body with jurisdiction over the Company and its operations; and

          (iii) hold and maintain all licenses and permits required in order for
     Consultant to perform his responsibilities under this Agreement and receive
     the compensation to be paid hereunder.

     (h)     In the performance of his duties hereunder, Consultant shall not:

          (i) divulge Confidential Information in violation of this Agreement;

          (ii) hire, fire, discipline or reprimand any employee of Company or
     any of its Affiliates;

          (iii) enter into any written or oral contract, agreement or
     understanding with any person, binding Company and/or committing the
     assets, funds or other resources of Company or any of its Affiliates; or

<PAGE>

          (iv) directly or indirectly buy, sell or otherwise engage in trading
     in the securities of Company, except as may expressly be permitted by the
     Company, in writing.

     (i)     Consultant has and will continue to truthfully disclose to the
Company the following matters, whether occurring at any time preceding the date
of this Agreement or at any time during the term of this Agreement:

          (i) any criminal complaint, indictment or criminal proceeding in which
     Consultant, or any officer, director or employee of Consultant, is named as
     a defendant;

          (ii) any allegation, investigation, or proceeding, whether
     administrative, civil or criminal, against Consultant, or any officer,
     director or employee of Consultant, by any licensing authority or industry
     association;

          (iii) Consultant's, or any officer, director or employee of
     Consultant's, violation or alleged violation of any confidentiality
     agreement or covenant not to compete to which it is a party; and

          (iii) any allegation, investigation or proceeding, whether
     administrative, civil, or criminal, against Consultant for violating
     professional ethics or standards, or engaging in illegal, immoral or other
     misconduct (of any nature or degree), relating to the business conducted or
     to be conducted by the Company.

     11.     Termination.  This Agreement may be terminated by either party on
             -----------
90 days' prior written notice; provided, however, that this Agreement shall
terminate (i) automatically upon the death of the Consultant. and (ii)
immediately upon written notice to Consultant in the event:

     (a)     Consultant engages in fraud or dishonesty perpetrated upon Company
and/or any of its Affiliates;

     (b)     Consultant is convicted of a crime (other than a non-felony traffic
offense);

     (c)     Consultant violates any law, rule or regulation of the Securities
and Exchange Commission or any other regulatory body with jurisdiction over the
Company, its Affiliates and/ or their respective operations;

     (d)     Consultant discloses Confidential Information in violation of this
Agreement; and/or

     (e)     Consultant makes any material misrepresentation to any third party
concerning the Company or any of its Affiliates.

Termination  shall be without prejudice to the rights of a party to seek damages
or  other  relief  arising  out  of  a  breach  of  this  Agreement.

<PAGE>

     12.     Notices.  Unless otherwise specifically provided herein, all
             -------
notices, requests, demands and other communications hereunder shall be in
writing and shall be deemed to have been duly given if delivered by hand or
mailed, certified or registered mail, return receipt requested, with postage
prepaid at the following addresses, and/or to such other addresses and/or
persons which either party may designate by like notice:

          (a)     if to Consultant, to:

                  136 Freeway Drive East
                  East Orange, NJ 07018
                  Telephone No.:  (973) 266-7020
                  Telecopy No.:     (973) 266-7083

          (b)     if to the Company or P2S , to:
                  Power2Ship,  Inc.
                  903  Clint  Moore  Road
                  Boca  Raton,  FL  33431
                  Attn:     Richard  Hersh,  Chief  Executive  Officer
                  Telephone  No.:  (561)  998-7557
                  Telecopy No.:     (561) 998-7821

     13.     Independent Contractor.  The relationship of Consultant to Company
             ----------------------
shall be that of an independent contractor.  Nothing herein shall create an
employment relationship between the parties, or a joint venture.  Each party
shall pay the taxes attributable to it, including those, if any, arising by
reason of execution of this Agreement.  Consultant shall pay all taxes and the
cost of insurance and health and other benefits to which Consultant may be
entitled and Company shall have no obligation to pay any such taxes, insurance,
benefits or similar items for or on behalf of Consultant or any person employed
by Consultant.  Subject to the terms and conditions of this Agreement, neither
party shall operate under the direct or indirect supervision of the other.
Moreover, neither party shall attempt, or have the right, to bind the other
party to any agreement, understanding or contract with any third party.

     14.     Additional Provisions.
             ---------------------

     (a)     This Agreement shall inure to the benefit of, and be binding
upon, Company, and its respective successors and assigns, and Consultant.
Consultant shall not assign or delegate the performance of any of its rights
and/or obligations under this Agreement without the prior written consent of
Company and any attempted assignment in violation of this Agreement shall be
null and void.

     (b)     This Agreement constitutes the entire Agreement,
representation and understanding of the parties hereto with respect to the
subject matter hereof, and no amendment or modification hereof shall be valid or
binding unless made in writing and signed by the parties hereto.

     (c)     No waiver of any provision of this Agreement shall be valid
unless the same is in writing and signed by the party against whom it is sought
to be enforced.  No waiver of any default or breach of this Agreement shall be
deemed a continuing waiver or a waiver of any other breach or default.

     (d)     If any provision of this Agreement is invalid or unenforceable
in any jurisdiction such provision shall, as to such jurisdiction, be
ineffective to the extent of such invalidity or unenforceability, but the
foregoing shall not render invalid or unenforceable in such jurisdiction the
remainder of this Agreement or the remainder of such provision or affect the
validity or unenforceability of any provision of this Agreement in any other
jurisdiction.

<PAGE>

     (e)     Any legal suit, action or proceeding arising out of or
relating to this Agreement or the transactions contemplated hereby shall be
instituted exclusively in a federal or state court of competent jurisdiction
located in the County of Palm Beach, State of Florida.  Each of the parties
hereto hereby: (i) waives any objection which it may now have or hereafter have
to the venue of any such suit, action or proceeding, and (ii) irrevocably
consents to the jurisdiction of such courts in any such suit, action or
proceeding.  The parties further agree to accept and acknowledge service of any
and all process which may be served in any such suit, action or proceeding and
agree that service of process upon a party mailed by certified mail to such
party's address shall be deemed in every respect effective service of process
upon such party in any such suit, action or proceeding.  Each of the parties
waives any right to object to the jurisdiction, the venue of either of such
courts, or to claim any such court is an inconvenient forum.

     (f)     Consultant acknowledges that prior to the execution of this
Agreement it had full opportunity to consult with his own independent attorneys
and advisors as deemed appropriate and Consultant fully understands the nature
and scope of his rights and obligations hereunder.

     IN WITNESS WHEREOF, the parties have executed this Agreement or caused this
Agreement to be executed on the date first above written.

                              POWER2SHIP INTERMODAL, INC.

                              By:
                                   ----------------------------
                              Name:
                                   ----------------------------
                              Title:
                                   ----------------------------

                              POWER2SHIP, INC.

                              By:
                                   ----------------------------
                              Name:
                                   ----------------------------
                              Title:
                                   ----------------------------

                              CONSULTANT

                              /s/ Michael Allora
                              --------------------------------
                              Michael Allora

<PAGE>

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