<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.txt
<DESCRIPTION>POWER2SHIP FORM 8-K 7-5-2005
<TEXT>
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)    July 5, 2005
                                                    ------------

                                POWER2SHIP, INC.
                                ----------------
             (Exact name of registrant as specified in its charter)

        Nevada                   000-25753           87-0449667
-----------------------       --------------        ------------
State or other jurisdiction    (Commission         (IRS Employer
    of incorporation)          File Number)      Identification No.)

     903 Clint Moore Road, Boca Raton, Florida         33487
     -----------------------------------------        ---------
     (Address of principal executive offices)        (Zip Code)

Registrant's telephone number, including area code    561-998-7557
                                                      ------------


           -----------------------------------------------------------
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written  communications  pursuant  to  Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting  material  pursuant  to  Rule  14a-12  under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement  communications  pursuant  to  Rule  13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 2.02     Results of Operations and Financial Condition.

     On July 5, 2005, we issued a press release announcing our preliminary
consolidated revenue for the quarterly and annual periods ended June 30, 2005
and disclosing the approximate increases in our consolidated revenue from the
comparable periods during 2004. The 2005 quarterly and annual revenue figures
disclosed in the press release are unaudited and subject to adjustment. A copy
of the press release is attached hereto as Exhibit 99.1.

Item 7.01     Regulation FD Disclosure.

     Also in the press release issued July 5, 2005 disclosing our preliminary
revenue figures,  we also announced that we expected to start our Co-operation
Agreement with Welley Shipping Company (China) Limited, Beijing Branch, a
logistics and freight forwarding division for China Ocean Shipping (Group)
Company, in the current calendar quarter. A copy of the press release is
attached hereto as Exhibit 99.1.

Item 9.     Financial Statements and Exhibits

(a)     Financial Statements of Businesses Acquired.

        None

(b)     Exhibits

99.1    Press Release dated July 5, 2005.


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                        POWER2SHIP, INC.


Date:  July 7, 2005     By:  /s/ Richard Hersh
                             -----------------
                             Richard Hersh,
                             Chief Executive Officer

<PAGE>


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