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Partner of the Year and Delivery Carrier Awards Follow New Four-Year Contract

Concord, N.C. — July 10, 2001 — Cardinal Logistics Management (Cardinal) announced that it was honored by The Home Depot (NYSE: HD) as both the "Logistics Partner of the Year" and the "Delivery Carrier of the Year." This marks the second consecutive year that Cardinal, The Home Depot’s largest delivery vendor, has received the delivery carrier award. For the "Partner of the Year Award," Cardinal surpassed over 200 transportation providers, including Parcel industry giants, Less than Truckload, Truckload, Rail and Air providers currently servicing The Home Depot.
Associates of Cardinal and The Home Depot work together in markets across the U.S. to create the high service levels that The Home Depot’s customers have come to expect. Cardinal is a "True believer in the value of our business," as one Home Depot regional transportation Manager noted. Other reasons given by The Home Depot’s transportation managers included:

  • "Cardinal has created a network of managers and drivers that embody The Home Depot values and culture."
  • "Cardinal delivery truly rose to the occasion when presented with the challenge of quickly starting up an effective and efficient delivery operation in Puerto Rico."
  • "Designed and implemented significant cost savings."
  • "Cardinal has been a great partner who has put things together in a short period of time in order to pilot new processes/programs to improve our delivery for our customers."

" Over the past three years, Cardinal has grown exponentially in scope and standing with The Home Depot," said Wayne Gibson, senior vice president of global logistics, The Home Depot. "Cardinal cares for our customers with the same degree of passion that we expect from our associates. Additionally, Cardinal helps question our processes to help grow The Home Depot’s market share. This is a lofty award and we are thrilled to present this recognition to our outstanding partners at Cardinal. The Cardinal folks are people you can trust to take care of your logistics needs and most importantly your customers."

Cardinal’s services to The Home Depot include dedicated carriage and home and job-site delivery services. The account, which has required Cardinal to launch service to multiple sites across the country under significant time constraints, has made the most of Cardinal’s national reach and depth. Based on Cardinal’s performance in its original contract with The Home Depot, the two companies agreed last September to extend the relationship to cover a large portion of The Home Depot’s delivery business contract. "These awards, particularly the Partner of the Year honor, truly validate Cardinal’s approach to the transportation business," said Vin McLoughlin, Cardinal’s chief executive officer. "Our objective is to grow our business one satisfied client at a time. To do that in today’s competitive market, we have made a commitment to be intimately involved with our customer’s businesses. When we have that kind of relationship we can work with our clients, to create solutions that reflect their values and exceed their expectations. Our commitment is the same for every customer."

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 Corporation
Headquartered in Concord, N.C., Cardinal is one of the country’s leading dedicated transportation solution providers. Cardinal's logistics experts work directly with clients to optimize their supply chains by developing and implementing customized transportation solutions including specialized equipment and handling, and integrated technology. Cardinal’s services include dedicated contract carriage, home and jobsite delivery, transportation management, supply chain consulting, warehousing and distribution for companies like AutoZone, Eastman Kodak Company, KraftMaid Cabinetry and Office Depot.

Amanda Pelfrey
Marketing Manager
Cardinal Logistics Management Corporation
1000 Old Roswell Lakes Parkway, Suite 300
Roswell, GA 30076
770-993-5662 x32
apelfrey@cardlog.com

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