Cardinal Freight Carriers Inc., Concord, N.C., filed paperwork On April 7 to change its name formally to Cardinal Logistics Management Corp.

(CLMC).
According to Vin McLoughlin, Cardinal's chairman of the board, the decision was based on streamlining efficiencies for the third-party logistics firm. Cardinal has evolved from a small truckload company to an integrated logistics and transportation company. As Cardinal has evolved through the years so has their core business focus, officials say.
"Cardinal is an unquestioned leader in the dedicated delivery and transportation business and we plan to continue delivering a high return on investment for our customers," explained McLoughlin. "Several years ago we exited the truck load carrier business completely and now felt it was a necessary and important step to change our company name officially to reflect more accurately our current line of operations."
From its start in 1997 with the purchase of North Carolina-based truckload common carrier Cardinal Freight Carriers, CLMC has continued to experience demand for its dedicated and delivery product lines. These services soon set the company apart from other third-party logistics firms as Cardinal streamlined their operations to a natural evolution in jobsite and "last-mile" delivery. In January 2001, Cardinal executives recognized the success of their core service in dedicated delivery and logistics management and chose to focus on those while eliminating its truckload line.
Last year, CLMC launched their newest product line - a warehousing and inventory management program for a number of key customers. Cardinal CEO Tom Hostetler points out the company's core competency remains centered on the management of dedicated resources. Total warehousing and distribution center square footage now tops more than 800,000 square feet of space with more than 15 locations across the country.
With new product introductions and addition of new business from a number of high-profile customers including KraftMaid Cabinetry and Mill's Pride, Cardinal added annual revenue totaling in excess of $125 million during 2004, according to Jerry Bowman, Cardinal's president and COO. Cardinal's employee base now totals more than 2,300 nationwide including contract and employee drivers.
For more information, go to www.cardlog.com.