UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 6, 2005

                             JANEL WORLD TRADE, LTD.
             (Exact Name of Registrant as Specified in its Charter)


            NEVADA                     333-60608              11-2636089
 (State or other jurisdiction   (Commission File Number)     (IRS Employer
       of incorporation)                                  Identification Number)


     150-14 132nd Avenue, Jamaica, NY                           11434
   (Address of Principal Executive Offices)                   (Zip Code)


                         Registrant's telephone number,
                       including area code, (718) 527-3800
<PAGE>

Item 1.01 Entry into a Material Definitive Agreement

      On July 6,  2005,  Janel  World  Trade,  Ltd.  ("Janel")  entered  into an
acquisition  agreement with Freight Wings, Inc.  ("Freight Wings") and Harjinder
P. Singh ("Mr.  Singh"),  its president and sole shareholder,  pursuant to which
Janel  is  to  acquire   Freight  Wings  as  a  wholly-owned   subsidiary  in  a
stock-for-stock  exchange.   Freight  Wings  is  a  customs  brokerage  business
organized as a New York corporation in 1984.

      The  purchase  price for 100% of the equity of Freight  Wings  consists of
unregistered  shares of Janel's  $.001 par value common  stock with  "piggyback"
registration  rights subject to a lock-up agreement.  The number of Janel shares
to be issued to Mr. Singh at closing will be  determined by a formula based upon
the audited net sales of Freight  Wings for its 2004 fiscal year.  Janel has the
option to cancel the transaction if the Freight Wings audited net sales for 2004
are less that $600,000.

      It is presently  anticipated  that Mr.  Singh will  receive  approximately
2,600,000  shares of Janel's  common  stock at  closing,  which will  constitute
approximately  13.4% of the Janel common stock then issued and outstanding.  The
Janel shares issued to Mr. Singh will be increased or decreased in proportion to
the degree to which the cumulative annual net sales generated by Janel's Freight
Wings  subsidiary  during the four (4) year  period  following  the  closing are
greater  or lesser  than 400% of Freight  Wings net sales for 2004 (the  "Target
Net").

      Mr. Singh has agreed to become a director of Janel and will be employed as
the Sales Manager of its Freight Wings subsidiary for a commission consisting of
the first  $4,166 of net sales paid by the Freight  Wings  subsidiary  customers
each month,  and 40% of the balance of that month's net sales after the payment.
The  term  of  the  employment   agreement  commences  at  the  closing  of  the
acquisition,  and concludes as of the date that the Freight  Wings  business and
customers are no longer exclusively provided to Janel.

      Pursuant to  registration  rights  provisions,  Mr. Singh has the right to
have his shares included in the next securities  registration statement filed by
Janel with the SEC. Pursuant to the lock-up  agreement,  Mr. Singh has agreed to
refrain from selling, transferring,  hypothecating or otherwise disposing of his
shares for a period ending four (4) years after the closing of the  acquisition.
However,  if the cumulative net sales of Janel's Freight Wings  subsidiary equal
or exceed the Target Net prior to the expiration of the lock-up  agreement,  Mr.
Singh's lock-up agreement will be cancelled.

      Mr. Singh's  employment  agreement includes  confidential  information and
non-competition  provisions  restricting Mr. Singh from competing with Janel, or
soliciting its employees or customers.

      The amount and type of the  consideration  in the acquisition  transaction
was  determined by  arms-length  negotiation  between the parties.  There are no
material  relationships  between Janel or its  respective  officers,  directors,
affiliates and principal shareholders,  and the officers, directors,  affiliates
and shareholder of Freight Wings.
<PAGE>

Item 9.01 Financial Statements and Exhibits

      (c) Exhibits.

      2.1   Acquisition  Agreement  dated July 6, 2005 by and among  Janel World
            Trade, Ltd., Freight Wings, Inc. and Harjinder P. Singh.


                                   SIGNATURES

      Pursuant  to the  requirements  of Section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.

July 12, 2005

                                       JANEL WORLD TRADE, LTD.

                                       By: /s/ James N. Jannello
                                           -------------------------------------
                                           James N. Jannello, Executive Vice
                                           President and Chief Executive Officer
{"company-data": {"conformed-name": "JANEL WORLD TRADE LTD", "cik": "0001133062", "assigned-sic": "4961", "irs-number": "861005291", "state-of-incorporation": "NV", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-60608", "film-number": "05950520"}, "business-address": {"street1": "150-14 132ND AVENUE", "city": "JAMAICA", "state": "NY", "zip": "11434", "phone": "718-527-3800"}, "former-company": {"former-conformed-name": "WINE SYSTEMS DESIGN INC", "date-changed": "20010123"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 6, 2005

                             JANEL WORLD TRADE, LTD.
             (Exact Name of Registrant as Specified in its Charter)

            NEVADA                     333-60608              11-2636089
 (State or other jurisdiction   (Commission File Number)     (IRS Employer
       of incorporation)                                  Identification Number)

     150-14 132nd Avenue, Jamaica, NY                           11434
   (Address of Principal Executive Offices)                   (Zip Code)

                         Registrant's telephone number,
                       including area code, (718) 527-3800
Item 1.01 Entry into a Material Definitive Agreement

      On July 6,  2005,  Janel  World  Trade,  Ltd.  ("Janel")  entered  into an
acquisition  agreement with Freight Wings, Inc.  ("Freight Wings") and Harjinder
P. Singh ("Mr.  Singh"),  its president and sole shareholder,  pursuant to which
Janel  is  to  acquire   Freight  Wings  as  a  wholly-owned   subsidiary  in  a
stock-for-stock  exchange.   Freight  Wings  is  a  customs  brokerage  business
organized as a New York corporation in 1984.

      The  purchase  price for 100% of the equity of Freight  Wings  consists of
unregistered  shares of Janel's  $.001 par value common  stock with  "piggyback"
registration  rights subject to a lock-up agreement.  The number of Janel shares
to be issued to Mr. Singh at closing will be  determined by a formula based upon
the audited net sales of Freight  Wings for its 2004 fiscal year.  Janel has the
option to cancel the transaction if the Freight Wings audited net sales for 2004
are less that $600,000.

      It is presently  anticipated  that Mr.  Singh will  receive  approximately
2,600,000  shares of Janel's  common  stock at  closing,  which will  constitute
approximately  13.4% of the Janel common stock then issued and outstanding.  The
Janel shares issued to Mr. Singh will be increased or decreased in proportion to
the degree to which the cumulative annual net sales generated by Janel's Freight
Wings  subsidiary  during the four (4) year  period  following  the  closing are
greater  or lesser  than 400% of Freight  Wings net sales for 2004 (the  "Target
Net").

      Mr. Singh has agreed to become a director of Janel and will be employed as
the Sales Manager of its Freight Wings subsidiary for a commission consisting of
the first  $4,166 of net sales paid by the Freight  Wings  subsidiary  customers
each month,  and 40% of the balance of that month's net sales after the payment.
The  term  of  the  employment   agreement  commences  at  the  closing  of  the
acquisition,  and concludes as of the date that the Freight  Wings  business and
customers are no longer exclusively provided to Janel.

      Pursuant to  registration  rights  provisions,  Mr. Singh has the right to
have his shares included in the next securities  registration statement filed by
Janel with the SEC. Pursuant to the lock-up  agreement,  Mr. Singh has agreed to
refrain from selling, transferring,  hypothecating or otherwise disposing of his
shares for a period ending four (4) years after the closing of the  acquisition.
However,  if the cumulative net sales of Janel's Freight Wings  subsidiary equal
or exceed the Target Net prior to the expiration of the lock-up  agreement,  Mr.
Singh's lock-up agreement will be cancelled.

      Mr. Singh's  employment  agreement includes  confidential  information and
non-competition  provisions  restricting Mr. Singh from competing with Janel, or
soliciting its employees or customers.

      The amount and type of the  consideration  in the acquisition  transaction
was  determined by  arms-length  negotiation  between the parties.  There are no
material  relationships  between Janel or its  respective  officers,  directors,
affiliates and principal shareholders,  and the officers, directors,  affiliates
and shareholder of Freight Wings.
Item 9.01 Financial Statements and Exhibits

      (c) Exhibits.

      2.1   Acquisition  Agreement  dated July 6, 2005 by and among  Janel World
            Trade, Ltd., Freight Wings, Inc. and Harjinder P. Singh.

                                   SIGNATURES

      Pursuant  to the  requirements  of Section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.

July 12, 2005

                                       JANEL WORLD TRADE, LTD.

                                       By: /s/ James N. Jannello
                                           -------------------------------------
                                           James N. Jannello, Executive Vice
                                           President and Chief Executive Officer