CD&L Launches National Sales Initiative
SOUTH HACKENSACK, N.J., Aug. 19 /PRNewswire-FirstCall/ -- CD&L, Inc. (AMEX:CDV), one of the nation's leading providers of customized, time-critical
delivery and logistics services announced this week the company has added three
new senior level sales executives to its sales force.
Gene Mershell and Walt Mitchell have both been named to the newly formed
positions of Vice President - National Accounts. "We have made the strategic
decision to accelerate our National Sales efforts as more and more companies
look for a national provider for their same-day time critical delivery needs."
said Bill Brannan, the company's President and COO.
Michael Brooks, CD&L's Group President, said that "Walt Michell spent
twenty-two years with UPS, and was Director of Corporate Marketing when he left
to help start Zone Skip in New Jersey. More recently Walt held upper
management positions with Donnelly Logistics and APX Logistics. Over the past
eight years, Gene Mershell served as a Vice President for two different air and
ground same-day transportation companies. Both Walt and Gene bring a great
deal of industry experience to the CD&L family." In addition, the company announced that Chris Mackrell will join CD&L as
Northeast Region Sales Manager in September. Chris has an extensive sales and
operations background in the same-day ground and air transportation industry
and is expected to help the company continue its recent trend of accelerated
revenue growth.
"As previously announced, CD&L's revenue has experienced an 18.0% increase in
the first six months of 2004 over the same period in 2003. In the 2004 second
quarter, revenue grew by 20.5% over 2003 and we have a significant amount of
new business still in the pipeline," Brooks added.
CD&L, Inc. operates from 64 locations in 22 states providing last mile delivery
solutions to various industries. The company has over 1,400 employees and
utilizes approximately 2,450 independent contract drivers to provide
time-sensitive delivery services to thousands of customers across the country.
Certain statements in this new release may be "forward-looking statements"
within the meaning of Section 27A of the Securities and Exchange Act of 1933. Statements regarding future developments are based on current expectations and
involve certain risks and uncertainties that could cause actual results and
developments to differ materially from the forward-looking statements. DATASOURCE: CD&L, Inc.
CONTACT: Russell Reardon, CFO of CD&L, Inc., +1-201-487-7740
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