News

PLI Renews $750,000 Credit Facility

Phoenix Logistics (PLI) is pleased to announce the renewal of its Operating Line of Credit with First Fidelity Bank.  The $750,000 credit facility was renewed at more favorable terms and reduced costs.  During a time when banks are very careful to extend loans, the renewal is a testament to PLI’s financial performance and strength according to Scot Neville, the company’s Chief Financial Officer.  “Although we rarely have a need to utilize the LOC due to our outstanding cash management efforts, it’s a valuable resource that enables us to take quick advantage of strategic inventory purchases or business opportunities.  We can also quickly financially respond to any surge in production levels” says Neville.

 

PLI Wins PM100 High-Achiever Award for Data and Integration Mastery

Phoenix Logistics was recognized with the PM100 “High Achiever” award for Data and Integration Mastery at yesterday’s Progressive Manufacturing 100 Award Gala in Palm Beach, Florida. Ben Sommerville, chief operating officer of Phoenix Logistics, was on hand to accept the special award.

Sommerville stated, “Receiving this award is truly an honor and testament to all of the hard work by each and every Associate at Phoenix Logistics. Our company mission is ‘to enhance the success of our customers, Associates and suppliers,’ and this award is proof that we are truly accomplishing this.”

“Phoenix Logistics has experienced incredible growth in the past two years,” continued Sommerville, “and having the right team and integrated system has made the growth, and this award, possible.”

 

PLI Achieves D&B Rating of 3A1

Phoenix Logistics (PLI) is proud to announce that it has achieved a Dunn & Bradstreet composite credit rating of 3A1.  This D&B rating is the highest available for companies of PLI’s size.  This rating is achieved and maintained through outstanding cash management efforts of PLI’s Finance Team according to Scot Neville, PLI’s Chief Financial Officer.  “We value our suppliers and endeavor to be consistent and timely in our payments for goods and services” said Neville.

 

PLI Community Connection Helps Homeless Shelter

On April 24th a group of Phoenix Logistics associates volunteered at the Central Christian Homeless out reach (ACTS). PLI Operations Manager Danny Dong who sponsored the project described the volunteer effort: "We pick up homeless guests and bring them to the shelter for breakfast, showers, clean clothing and haircuts on the first and third Saturday of each month. Servant ministers drive vans, prepare and serve breakfast, assemble and distribute toiletries, hand out clothing, and pray and visit with the guests." He added, "It's extremely rewarding to see so many associates from PLI eager to join in helping the local homeless community. Thank you to Tina Tran, Michelle Tran, Susan Hunsaker, Mabel Gonzales, Courtney and her husband David, Robert Illardi, Dawn Akens and BobbyClaudia Valles and her daughter, and Kain Rivera for making this inaugural event such a success."

 


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News

Thursday, November 7, 2019

Greg Lundberg Hired as Senior Vice President

Phoenix Logistics, Inc. (PLI) is pleased to announce that Greg Lundberg has joined our team as Senior Vice President (SVP) and General Manager (GM) ...

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Monday, August 20, 2018

PLI Awarded CBCSE Task Order 2

Phoenix Logistics, Inc. (PLI) is pleased to announce the award of Task Order 0002 under Army Contracting Command (ACC) - Orlando prime IDIQ contract ...

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Wednesday, August 1, 2018

Phoenix Logistics Launches Distribution Partnership

Phoenix Logistics, Inc launches partnership with Powell Electronics to streamline procurement and broaden accessibility of MIL-STD-1553 Data Bus cable harnesses, couplers, and components to ...

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Wednesday, June 27, 2018

Phoenix Logistics Receives US Government Property Accountabi

Phoenix Logistics, Inc. Receives US Government Property Accountability Certification Phoenix Logistics, Inc. (PLI) recently underwent a Defense Contracting Management Agency (DCMA) audit to verify PLI's ...

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