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Concord, N.C. -- May 22, 2001 -- Cardinal Logistics Management
Inc. (Cardinal), today announced an expansion of its three-year
partnership with The Home Depot (NYSE: HD). Under the new contract,
Cardinal’s dedicated contract carriage drivers will handle
lumber deliveries to more than 50 Home Depot stores throughout
the Northeast region. The expanded contract builds on the service,
innovation and cost optimization that makes Cardinal a leader in
the dedicated delivery and logistics industry.
“Our customers expect to find the products they need when
shopping at The Home Depot; our partnership with Cardinal is critical
to making this happen,” said Drex Crowell, Vice President
of Distribution Services at The Home Depot. “When materials
aren’t delivered safely and on time, there is no business;
the decision to award this contract to Cardinal was based on three
years of solid, reliable performance.”
The value proposition for The Home Depot is a team of drivers
familiar with its cargo and processes. For Cardinal, organic growth
with a Fortune 500 company confirms its strategy of growing the
business one satisfied customer at a time. Cardinal’s dedicated
delivery services boast the most professional drivers in the business
and a fierce commitment to client service.
Cardinal’s partnership with The Home Depot received a healthy
boost last September when the company announced that it was awarded
a large portion of their delivery business contract. This agreement
made Cardinal one of The Home Depot’s largest outsourcing
partners by providing customers with home and job-site delivery
fulfillment.
“These are exciting times at Cardinal. Our partnership with
The Home Depot confirms our commitment to working with the best
in the industry and to sticking with the principles that keep us
successful: providing the very best in customer service, innovation,
and customization,” said Vin McLoughlin, Chief Executive
Officer of Cardinal.
About The Home Depot
Founded in 1978, Atlanta-based The Home Depot currently operates
1,180 stores in 47 states, Puerto Rico, seven Canadian provinces,
Chile and Argentina. The company was recently named sixth in
the Top 10 Most Admired Companies in America by Fortune magazine,
which has also ranked it as America's Most Admired Specialty
Retailer for eight consecutive years. Its stock is traded on
the New York Stock Exchange (NYSE: HD) and is included in the
Dow Jones Industrial Average and Standard & Poor's 500 Index.
About Cardinal Logistics Management Inc. (Cardinal)
Cardinal is an integrated transportation solutions provider that
uses dedicated shipping resources, extensive industry expertise
and advanced technology to help companies optimize their supply
and demand chains. Cardinal’s logistics experts work directly
with clients to develop and implement innovative solutions that
turn their logistics operations from liabilities into strategic
advantages. Cardinal customers include Fortune 50 companies within
the retail, manufacturing and pulp and paper industries such
as The Home Depot and Office Depot. Cardinal is headquartered
in Concord, N.C. For more information about Cardinal, please
visit www.cardlog.com.
Anthony Flynn
Director - Marketing
Cardinal Logistics Management Corporation
1000 Old Roswell Lakes Parkway, Suite
300
Roswell, GA 30076
678-612-2447
aflynn@cardlog.com
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