Leading Third-Party Logistics Provider Receives Lowe’s
Gold Carrier Award for Fourth Consecutive Year; Recognized
in highest tier of all transportation carriers with on-time
percentage of 99.9% for 2004
CONCORD, N.C. (February 24,
2005) --- Officials with Cardinal Logistics Management (Cardinal) – one of the nation’s
fastest growing third-party logistics firms headquartered
in Concord, N.C. – today announced that the organization
received the “Gold Carrier Award” by Lowe’s
Home Improvement Retail stores for the fourth consecutive
year. The award was presented by Steve Palmer, Lowe’s
VP of Transportation during the Lowe’s Annual Carrier
Conference at Lowe’s headquarters in North Wilkesboro,
N.C.
The criteria on which all carriers were judged included service,
timely and accurate invoicing, and problem solving abilities.
Cardinal Logistics Management was in the highest tier of all
carriers with an on-time percentage of 99.9 percent for 2004.
“We are extremely pleased that Cardinal has once again
been recognized by Lowe’s with their prestigious “Gold
Carrier Award,” said Vin McLoughlin, Cardinal’s
Chairman of the Board and veteran transportation authority. “At
Cardinal, we pride ourselves on having an unbeatable team
of dedicated, professional drivers who value delivering above
and beyond expectations for each of our retail partners. Lowe’s
is a premier customer and we are honored to have been recognized
for the fourth consecutive year for outstanding performance.”
The “Gold Carrier Award” is awarded to the transportation
carrier that has best demonstrated its ability to provide
consistent high levels of service, control costs, and display
the flexibility that best supports Lowe’s customers’ requirements.
Cardinal Logistics Management drivers delivered more than
16,000 loads from Lowe’s Distribution Centers to stores
in OH, MI, IN, and KY and completed those deliveries with
a 99.9% on-time delivery percentage.
Steve Palmer, Lowe’s Vice-President of Transportation
presented the award to Tim Johnson, Cardinal’s VP of
Midwest Operations, at the Lowe’s Annual Carrier Conference,
which was held at Lowe’s Headquarters in North Wilkesboro,
North Carolina. “As new stores and backhaul vendors
were added -- Cardinal’s drivers responded with pride,
integrity, and enthusiasm to provide the kind of service that
Lowe’s has come to expect,” said Scott Cahrier,
Cardinal’s Distribution Center manager in Findlay, Ohio.
About Cardinal Logistics Management Inc. (Cardinal):
Cardinal Logistics Managment is one of the fastest growing third-party
logistics providers in the country. Cardinal offers a comprehensive services
range of tools and services including asset-based dedicated contract carriage
services, home and jobsite delivery services, warehousing/inventory management,
Cardinal Technology TM & Consulting, supply chain modeling and logistics
management. Solutions are highly customizable and may include dedicated equipment,
drivers, contractors, management and technology for the exclusive use of
that customer. Headquartered in Concord, NC, Cardinal customers include
some of the nation’s leading retailers and manufacturers including:
The Home Depot, Office Depot, Lowe’s, 7-Eleven, KraftMaid Cabinetry
and Mill’s Pride. For more information about Cardinal, please visit www.cardlog.com.
About Lowe’s Companies, Inc:
With fiscal year 2004 sales of $36.5 billion, Lowe’s
Companies, Inc. is a FORTUNE® 50 company that serves approximately
11 million customers a week at more than 1,075 home improvement
stores in 48 states. Based in Mooresville, N.C., the 59-year
old company is the second-largest home improvement retailer
in the world. For more information, visit www.lowes.com.