Dynamex Selected as a Tier 1 Carrier for Chrysler.DALLAS -- Dynamex Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DDMX), the leading provider of same-day delivery and logistics services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, today announced the Company has been named a Tier 1 carrier for Chrysler. As a Tier 1 carrier for Chrysler, Dynamex will provide transborder and domestic expedited premium freight transportation service in the United States and Canada. This service will be utilized by Chrysler in order to address situations like unexpected inventory shortages and/or increased production schedules creating immediate need for material from vendors to the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and plants for fulfillment. Dynamex will address these needs by utilizing truck capacity that is satellite technology equipped linked with a centralized North American Operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. Dispatch Center. For more than 15 years, Dynamex has possessed a strong emergency freight capability, initially in Canada and then on a transborder basis and more recently for domestic services in the United States. Dynamex is a FAST/CSA approved carrier by the US and Canadian Governments. This allows Dynamex and clients like Chrysler to have freight flowing across the border without delays utilizing Customs FAST lane thereby allowing tight production schedules to be met on-time with required material. Dynamex has an excellent service track record for on-time delivery and is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified executing consistent standard operating processes for Air Charter and Surface Expedite time critical freight primarily for the Automotive, Aerospace, Pharmaceutical and High Tech industries. "We are very excited about this new relationship with Chrysler," said Dynamex Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Rick McClelland. "An important part of our value proposition involves providing shippers with on-demand or emergency transportation services for shipments ranging from packages to heavy cargo on a local and inter-city basis utilizing ground and air capacity. When product has to move between two points in minutes or hours, our clients can count on us to make it happen. Our team processes more than 30,000 on-demand transactions per day - more than any other service provider in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . This relationship with Chrysler is an important next step in our pursuit of greater market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" in what is a multibillion dollar market for same-day transportation and distribution solutions in North America." Dynamex is the leading provider of same-day delivery and logistics services in the United States and Canada. Additional press releases and investor relations Investor relations The process by which the corporation communicates with its investors. information as well as the Company's Internet e-commerce services package, dxNow(TM), is available at www.dynamex.com. The Chrysler Group consists of DaimlerChrysler Motors Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and its subsidiaries DaimlerChrysler Corporation, DaimlerChrysler Canada Inc., and DaimlerChrysler de Mexico S.A. de C.V., as well as other international automotive affiliates. These companies manufacture, assemble and sell cars and trucks under the brand names Chrysler, Jeep(R) and Dodge. The Chrysler Group also provides its customers with parts and accessories marketed under the Mopar(R) brand name. Headquarters: Auburn Hills, Michigan Auburn Hills is a city in Oakland County in the U.S. state of Michigan. The population was 19,837 at the 2000 census. The city was formed in 1983 from the now defunct Pontiac Township. Auburn Hills is home to the world headquarters of Chrysler, the Walter P. This release contains forward-looking statements that involve assumptions regarding Company operations and future prospects. Although the Company believes its expectations are based on reasonable assumptions, such statements are subject to risk and uncertainty, including, among other things, the effect of changing economic conditions, acquisition strategy, competition, foreign exchange, the ability to meet the terms of current borrowing arrangements, and risks associated with the local delivery industry. These and other risks are mentioned from time to time in the Company's filings with the Securities and Exchange Commission. In light of such risks and uncertainties, the Company's actual results could differ materially from such forward-looking statements. The Company does not undertake any obligation to publicly release any revision to any forward-looking statements contained herein to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Caution should be taken that these factors could cause the actual results to differ from those stated or implied in this and other Company communications. |
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