News

CLS Acquires USF Processors

WINSTON-SALEM, NC, February 28, 2005 - Earlier today Carolina Logistics Services, Inc. (CLS), an Inmar company, announced the acquisition of USF Processors, a USF Logistics, Inc. business unit based in Dallas, TX.

Carolina Logistics Services, Inc. and USF Processors both provide reverse logistics solutions and services to consumer packaged goods retailers, wholesalers and manufacturers. "This is an exceptional acquisition for CLS in many ways," stated Mark Doughton, President of CLS, "it will allow us to provide an even higher level of service to our clients, propels CLS into new markets and channels we have targeted and we gain a significant position in the pharmaceutical reverse distribution marketplace, a growth market in which we are very focused."

Current clients of USF Processors will continue to receive support from their Dallas customer support organization for the foreseeable future. "USF Processors was an early leader in our industry and we are excited about the opportunity to gain valuable expertise and knowledge from their people and scale from their infrastructure as we incorporate their fourteen U.S. and Canadian facilities," added Doughton.

CLS, an Inmar operating company, is a leading full-service provider of reverse logistics solutions and services in North America. CLS clients include many of the world's largest food & drug retailers and wholesalers, drug store chains and mass merchandisers.

As a result, USF Processors Canada Inc. (RTI) became Med-Turn International Inc.