ELKRIDGE, Md., Oct. 9, 2007 (PRIME NEWSWIRE) -- Last Mile Logistics Group, Inc. (OTCBB:LMLG), through its operating subsidiary Chesapeake Logistics, is pleased to announce they have been selected by Eagle Global Logistics to provide residential and commercial delivery services in the states of Maryland, Virginia, Delaware, Pennsylvania and the District of Columbia.
Eagle Global Logistics (EGL) is a leading global transportation and supply chain management company with 2006 revenues of $3.2 billion. Eagle Global Logistics (EGL) recently merged with CEVA, creating the world's fourth largest integrated supply chain management company. Under terms of this agreement LMLG will pick up freight from Eagle's Odenton, Maryland facility, schedule and deliver the merchandise to Eagle's customers, using its own vehicles and uniformed delivery crews.
Brian Flood, President of LMLG, stated, "We are delighted to provide 'last mile' services for Eagle, one of the world's premier logistics providers. Our professional approach to servicing Eagle's last mile requirements provides a significant growth opportunity for LMLG, and we are confident we will enhance Eagle's reputation for providing superior service in the delivery of consumer goods for the Mid-Atlantic market."
Paul Brice, Eagle's Baltimore manager, stated, "With Eagle's recent merger with CEVA, we have strengthened our integrated global logistics capabilities, and we are excited that Chesapeake Logistics, with an excellent reputation in this market, will partner with Eagle to extend this enhanced capability to consumers' homes in the Mid-Atlantic region."
About LMLG
Last Mile Logistics Group, Inc. (LMLG) focuses on the "last mile" of delivery and related services for consumer goods, and conducts all its business operations in the Mid-Atlantic market through its subsidiary Chesapeake Logistics LLC (http://www.cheslogistics.com). From its facility in Elkridge, Maryland, Chesapeake Logistics handles all aspects of the delivery process, including customer scheduling, delivery, assembly, and packaging removal. By outsourcing customer delivery process to Last Mile Logistics, companies can improve their customer service, reduce their logistics costs, and focus on core competencies.
About EGL
Eagle Global Logistics (EGL) is a leading global transportation, supply chain management and information services company dedicated to providing superior flexibility and fewer shipping restrictions on a price competitive basis. With 2006 revenues of $3.2 billion, EGL's services include air and ocean freight forwarding, customs brokerage, local pickup and delivery service, materials management, warehousing, trade facilitation and procurement, and integrated logistics and supply chain management services.
About CEVA
CEVA is a leading global logistics and supply chain management company. It designs, implements and operates complex supply chain solutions on a national, regional or global scale for multinational and large local companies. The company provides customers with end-to-end logistics solutions spanning the entire supply chain. For fiscal year 2006, CEVA generated sales of euro 3.5 billion. CEVA is owned by affiliates of Apollo Management VI, L.P., one of the leading private equity investors in the world.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.