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CDV CD & L S2

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Share Name Share Symbol Market Type
CD & L S2 AMEX:CDV AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

CD&L Announces Expansion of Services in Pennsylvania, Maryland and Washington DC

23/01/2006 1:24pm

PR Newswire (US)


CD & L S2 (AMEX:CDV)
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SOUTH HACKENSACK, N.J., Jan. 23 /PRNewswire-FirstCall/ -- CD&L, Inc. (AMEX:CDV), the nation's leading provider of customized, time-critical delivery services announced today that it has opened three new service facilities in the States of Pennsylvania, Maryland and in Washington, DC, during the last quarter of 2005, due to growing demand for its services. The new operations facilities are located in Bethlehem, Pennsylvania, Baltimore, Maryland and Washington, DC. During the same period a substantial on-site service operation dedicated to one of CD&L's largest customers was implemented in Scranton, Pennsylvania. The new installations bring the total national CD&L, Inc. locations to 98. During the previous 2005 quarters, CD&L had opened new service facilities and on-site operations in Las Vegas and Reno, Nevada; San Diego, Fresno, Newark, Martinez and Sacramento, California; Cleveland, Ohio; Plainwell, Highland, and Cadillac, Michigan; Bonifay, Florida; Atlanta, Georgia; and a second location in San Antonio, Texas. Bill Brannan, CD&L's President and Chief Operating Officer stated "The company's rapid expansion during 2005 was primarily due to the ongoing successes of our national accounts program, improvements in our direct sales efforts and most importantly, our customers' ongoing confidence in the quality and reliability of our services." CD&L, Inc. operates from 98 locations in 25 states, including operations in 28 customer owned facilities, providing last mile delivery solutions to various industries. The company has over 1,500 employees and utilizes approximately 2,900 independent contractor drivers to provide time-sensitive delivery services to thousands of customers across the country. Certain statements in this 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. Certain of such risks and uncertainties are more fully described in the Company's filings with the SEC, including the risk factors in its form 10K for the year ended December 31, 2004. First Call Analyst: FCMN Contact: maryann_held@cdl.net DATASOURCE: CD&L, Inc. CONTACT: Russell Reardon, CFO of CD&L, Inc., +1-201-487-7740

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