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New business development role further establishes Cardinal’s fast-growing national presence

Concord, N.C. -- December 3, 2002 -- Executives with Cardinal Logistics Management (Cardinal) today announced that Jim Shikle – an industry veteran with more than 38 years of direct sales and management experience in logistics and transportation - has been named Vice President of Business Development. Cardinal Logistics is a leading dedicated, delivery and third-party logistics solutions provider.

In his new role, Shikle will be responsible for building national sales accounts and increasing Cardinal’s presence with national customers. Shikle began his career at Saunders System, a truck leasing business based in Birmingham, AL, as a management trainee in 1964 and quickly rose to VP of National Sales. Following the purchase of Saunders by Ryder System, Shikle held numerous sales and management positions at Ryder, including his most recent role as Director of Business Development. He left the company in 2001 to pursue a consulting business in the transportation and logistics industry.

Jerry Bowman, President and COO of Cardinal, said Shikle’s business knowledge and vast experience in the industry is a clear benefit to Cardinal’s aggressive expansion and growth in the dedicated and delivery business. “Jim is a well-known and well-respected veteran in the logistics industry with a tremendous track record of success,” said Bowman. “He will be a significant asset in supporting Cardinal’s aggressive growth. We’re happy to have him join the team and add to our arsenal of talented individuals on board at Cardinal.” Bowman said that Shikle will be based out of Dallas, TX.- more -

Industry Sales Veteran Joins Cardinal Logistics/add 1
Logistics revenues at the privately held company have grown to the $200 million annual range from zero since 1998. Cardinal’s executive team headed by industry veterans, Vin McLoughlin, Tom Hostetler and Jerry Bowman have led Cardinal to become a dominant market leader - including recognition as one of the industry’s Top 10 3PL providers - in just four short years in the estimated $90B asset-based domestic transportation business.

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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