Noble Logistics Inc. announces new CEO.
May 18, 2009 – Houston, TX – Noble Logistics, a regional provider of time-critical logistics services, is pleased to announce the appointment of David J. McKittrick as the Chief Executive Officer.
Mr. McKittrick brings to Noble over 35 years of leadership in all aspects of corporate finance as well as strategic planning and operational management. His broad experience encompasses large public companies as well as small private entities. Mr. McKittrick has served as a director of a number of public and private companies, and currently is a member of the board of trustees of Hampden-Sydney College.
Prior to joining Noble, Mr. McKittrick operated a financial and management consulting business which he started in 2001. His principle consulting focus was the restructuring of financially troubled industrial companies. From 2006 to 2008 Mr. McKittrick left his consulting practice to serve as the Executive Vice President and Chief Financial Officer for Ethanex Energy, Inc., a start-up company he helped found. Ethanex was formed to capitalize on a new and proprietary technology for the production of ethanol but, due to rapid changes in the economics of the ethanol industry, the company was unsuccessful in obtaining the necessary funding to commercialize the process.
Mr. McKittrick started his career in public accounting with Coopers & Lybrand, where he became a certified public accountant. In 1972 he left that profession to embark upon what would become a twenty year tenure as the Chief Financial Officer of James River Corporation, a Fortune 100 paper and consumer products company, which was ultimately acquired by Georgia Pacific Corporation. As a key member of senior management, he was one of the few people who guided the strategic direction and growth of the company as revenues increased from $14 million to over $8.5 billion per year. In addition to leading the finance and administrative functions during this high growth period, Mr. McKittrick served as principal negotiator for over 25 acquisitions and divestitures, including three which doubled the company’s size and raised sales from $400 million to $4.5 billion in five years.
In 1992 Mr. McKittrick left James River to serve as Vice Chairman and Chief Operating Officer of Collins & Aikman Group, Inc., a broad-based specialty manufacturing company with sales of $1.4 billion. Mr. McKittrick’s position was created by the company’s private equity investors to provide intensified management of the company’s decentralized operations in a highly-leveraged and economically challenging environment. Mr. McKittrick was actively involved in reorganizing the corporate management structure and divesting non-strategic divisions to aid liquidity and reduce the company’s operations to a strategic core business, which was a Tier One supplier to the US automotive industry. This operating division was then taken public and the few remaining operations were sold or liquidated.
Mr. McKittrick turned his career from the heavy industrial sector when he joined Gateway 2000, Inc. in 1995 as Senior Vice President and Chief Financial Officer. Gateway was a leading global manufacturer and direct marketer of personal computers. As a member of the company’s senior management team, Mr. McKittrick was responsible for all corporate finance, accounting and management information systems, as well as being involved in strategic planning and acquisitions. During Mr. McKittrick’s tenure, the company grew at a compound rate of growth of 30% and developed operations on three continents, increasing sales from $2.8 billion to over $7.5 billion.
In 1998 Mr. McKittrick retired from the world of large companies to participate in forming OnStream, Inc., which was involved in the development of new digital tape technology for server and PC backup applications. This technology was commercialized during 2000, but as a result of the high tech recession the company did not reach a satisfactory scale of production and the technology and operations were sold.
Mr. McKittrick received his MBA from Rutgers University and a Bachelor of Science in Chemistry and Mathematics from Hampden-Sydney College.
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Noble Logistics completes bar-code scanner project.
February 2, 2009 – Houston, TX – Noble Logistics, a regional provider of time-critical logistics services, announces the completion of the bar-code scanner implementation project. The inclusion of bar-code scanning further enhances the company’s proprietary customer centric web-based operating system.
Noble Logistics has invested over $750,000 in equipment and programming that will allow us to compete with the likes of UPS and FedEx in the area of “track and trace” capability for all network shipments. With the addition of the bar-code scanners, our customers can now watch a shipment travel through our distribution networks. As an example: A Houston customer ships a package to their customer in Louisiana, the shipping customer has tracking visibility as a package travels though our Houston facility, into to our Baton Rouge facility where it would be route loaded and finally delivered to the end-user customer. In addition, we now capture an electronic signature that can also be viewed in cNLS for all attended deliveries.
Package tracking in a “real-time” environment is quickly becoming the expected practice by the shipping community. At some point in the future, logistics and last-mile delivery companies will be required to have the ability to share timely information to remain a viable option for many shippers. Not only are shipping customers looking for timely and accurate information regarding their product, they are going to expect their logistics provider to have an accountable “chain of custody” process. Noble Logistic is pleased to provide that level of confidence to the shipping community.
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