Cardinal Global Logistics has achieved a notable milestone by becoming one of the largest employee-owned logistics companies globally.
Founded in Eccles in 1998 with a £15,000 business loan, the company has grown into an international enterprise with over 40 offices, 6,000 clients, and revenues exceeding £500 million. Additionally, Cardinal Global Logistics maintains offices in Manchester, Basildon, and Dublin, catering to the UK and Ireland markets.
According to Brian Hay, the Chief Executive of The Cardinal Partnership, the decision to transition into an employee-owned business is viewed as transformational. Hay stated, “Our move towards becoming an employee-owned business is a significant step forward. We believe in recognizing excellence and dedication, and we are proud to have some of the most talented professionals in our industry.”
Over the past 25 years, Cardinal Global Logistics has successfully expanded its operations and gained a reputable standing as one of the UK’s notable and sizable logistics companies. The shift towards an employee-owned model is anticipated to contribute to further growth and development. Hay expressed optimism for the future, stating, “Undoubtedly, this transition will allow us to take our business to the next level, and I’m excited about the opportunities that lie ahead.”
Cardinal Global Logistics’ transition to an employee-owned logistics firm sets an example within the industry, highlighting the company’s commitment to its workforce and recognizing the value of employee participation and ownership. The move aims to cultivate a culture of shared responsibility and empower employees to actively contribute to the company’s ongoing success.
In the competitive logistics industry, Cardinal Global Logistics’ emergence as a leading employee-owned firm positions it as a forward-thinking player. By empowering employees and acknowledging their contributions, the company aims to drive innovation, enhance operational efficiency, and prioritize customer satisfaction to ensure sustained growth in the dynamic logistics sector.
The achievement of becoming one of the largest employee-owned logistics firms by Cardinal Global Logistics marks a significant milestone for both the company and the industry as a whole. It underscores the company’s dedication to its employees and highlights the potential of employee ownership to shape the future of the logistics sector.