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EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n \n\n(Mark\nOne)\n\n \n\n☒\n**QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe quarterly period ended March 31, 2026**\n\n \n\nor\n\n \n\n☐\n**TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor\nthe transition period from ___________ to ___________\n\n \n\n**Commission\nFile Number: 001-34970**\n\n \n\n**Transportation\nand Logistics Systems, Inc.**\n\n(Exact\nname of registrant as specified in its charter)\n\n \n\n**Nevada**\n \n**26-3106763**\n\n(State\nor other jurisdiction of\n\nincorporation\nor organization)\n\n \n\n(IRS\nEmployer\n\nIdentification\nNo.)\n\n \n\n**110\nChestnut Ridge Road, Unit 444, Montvale, NJ**\n \n**07645**\n\n(Address\nof principal executive offices)\n \n(Zip\nCode)\n\n \n\n**(833)\n764-1443**\n\n(Registrant’s\ntelephone number, including area code)\n\n \n\n \n\n \n\n(Registrant’s\nformer name, former address and former fiscal year, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Exchange Act:\n\n \n\n**Title\nof each class**\n \n**Trading\nSymbol(s)**\n \n**Name\nof exchange on which registered**\n\nN/A\n \nN/A\n \nN/A\n\n \n\nSecurities\nRegistered Pursuant to Section 12(g) of the Act:\n\n \n\n**Common\nStock, $ 0.001 Par Value**\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)\nhas been subject to such filing requirements for the past 90 days. Yes ☐ No ☒\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registration\nwas required to submit such files). Yes ☐ No ☒\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”\n“smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge\naccelerated filer\n☐\nAccelerated\nfiler\n☐\n\nNon-accelerated\nfiler\n☒\nSmaller\nreporting company\n☒\n\n \n \nEmerging\ngrowth company\n☐\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation\nreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐\n\n \n\nAs\nof May 14. 2026, the registrant had outstanding 5,889,437,474 shares of common stock .\n\n \n\n \n\n \n\n  \n\n \n\n \n\n**TRANSPORTATION\nAND LOGISTICS SYSTEMS, INC.**\n\n**FORM\n10-Q**\n\n**MARCH\n31, 2026**\n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n \n \n**Page**\n\n[**PART\nI - FINANCIAL INFORMATION**](#aq_001)"}