In Brief: United Jersey, Mellon Providing Credit Line

United Jersey Bank and Mellon Bank are agent and co- agent in a new revolving line of credit to Consolidated Delivery and Logistics Inc. here.

The initial amount is $15 million, with maximum availability of $25 million. The line is to be used for working capital, acquisitions and retirement of acquired company debt.

Consolidated Delivery and Logistics Inc., is a full-service, same-day ground and air delivery company with 64 offices in 22 states and the District of Columbia.

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