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PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4 – PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following as of March 31, 2024 and December 31, 2023:

 

   March 31,   December 31, 
   2024   2023 
Containers  $1,855,216   $1,740,393 
Trucks and tractors   5,008,192    4,388,091 
Trailers   1,033,259    1,033,259 
Shop equipment   40,380    40,380 
Leasehold improvements   33,934    33,934 
Property and equipment, gross   7,970,981    7,236,057 
Less accumulated depreciation   (1,568,144)   (1,455,310)
Net book value  $6,402,837   $5,780,747 

 

Depreciation expenses for the three months ended March 31, 2024 and 2023 were $112,834 and $112,951, respectively.