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Leading Do-It-Yourself Retailer, Lowe’s, Awards Cardinal Logistics Management Corporation Three-Year Dedicated Delivery Services Contract

Concord, N.C. (May 24, 2006) – Lowe’s -- the do-it-yourself retailer known for helping homeowners find the right equipment and supplies to build, improve and beautify their homes -- has selected Cardinal Logistics Management Corporation (Cardinal) to provide dedicated delivery services for 34 Lowe’s retail locations in Pennsylvania, Maryland and New Jersey. Delivery services provided by Cardinal will originate from the Minersville, PA Lowe’s distribution center. The 3-year, $4.5 million contract was awarded to Cardinal on March 20, 2006 and represents an expanded business opportunity for Cardinal – an industry leading third-party logistics and transportation firm, headquartered in Concord, North Carolina that has serviced Lowe’s since 1999.

“We were pleased to be able to jump in and supplement the growing service needs that Lowe’s needed in their northeast retail market,” commented Jerry Bowman, Cardinal’s President and COO. “Cardinal was brought on board right in the midst of Lowes’ busiest season. I’m proud to say that our operations team provided seamless delivery service for this customer during what would be described as an intensely busy time of year,” he continued. “We are honored to be working alongside the Lowe’s management team and look forward to helping them extend their long-standing service commitment partnership with this leading home improvement retailer.”

Since 2001, Cardinal has been recognized by Lowe’s for four consecutive years with the “Gold Carrier Award” an award given 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.

About Lowe’s Companies, Inc:
With fiscal year 2005 sales of $43.2 billion, Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 12 million customers a week at more than 1,250 home improvement stores in 49 states. Based in Mooresville, N.C., the 60-year old company is the second-largest home improvement retailer in the world. For more information, visit www.Lowes.com.

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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