Michaels Stores, Inc. Names MOL "Transportation Partner of the Year", 19th Sept 2011

News Release MOL (America) Inc. September 19, 2011

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September 16, 2011 – Lombard, IL – Michaels Stores, Inc. has named Mitsui O.S.K. Lines (MOL) one of
its top two transportation partners for 2011. The announcement took place at the
Irving, Texas-based company’s 14th Annual Vendor CEO
Summit.
 
Michaels Stores, Inc., North America’s largest arts and crafts
specialty retailer, presented the award on September 1, 2011. Michaels currently
owns and operates more than 1,050 stores across the U.S. and Canada. The company
also owns and operates 135 Aaron Brothers Stores.  MOL
transports merchandise for Michaels Stores, Inc. to ports worldwide and manages
the intermodal transport to inland bound points.
 
The transportation partner of the year award recognizes Michaels’ key
partners and the contribution they play in helping the company achieve its
goals.  Although selection was based on a wide range of
criteria, MOL’s on-time performance and focus on efficiency and innovation were
among the factors that set the company apart from its competitors. MOL’s
continued commitment to its TraPac terminal in Jacksonville, Florida near the
site of Michaels’ distribution center also played a role.
 
“We’re tremendously honored to have been named a top transportation
partner for Michaels Stores,” said MOL (America) Inc. Chairman, President, and
Chief Executive Officer Tsuyoshi Yoshida. “We’re proud that we were able to meet
the high standards necessary to achieve this recognition.  MOL
has a very close partnership with Michaels and we’re delighted that we’ve been
able to provide quality service to meet their requirements.”
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