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 (Cardinal)
Cardinal Logistics Management Corporation (Cardinal) is one of the fastest
growing third-party logistics and transportation providers in the country.
Founded in 1997, Cardinal is a privately-held, asset-based company with annual
revenues now topping $350 million annually. Cardinal offers a comprehensive
range of tools and services including asset-based dedicated contract carriage
services, home and jobsite delivery services, warehousing/inventory management,
supply chain modeling and logistics management. Headquartered in Concord,
NC, Cardinal customers include some of the nation’s leading retailers
and manufacturers including: Office Depot, KraftMaid Cabinetry, Mill’s
Pride, CHEP, Turf Care Supply, IKEA, Lowe’s and more. 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
