Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  VELOCITY EXPRESS CORP
2. Date of Event Requiring Statement (Month/Day/Year)
07/03/2006
3. Issuer Name and Ticker or Trading Symbol
CD&L INC [CDV]
(Last)
(First)
(Middle)
ONE MORNINGSIDE DRIVE NORTH, BUILDING B, SUITE 300
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WESTPORT, CT 06880
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 9,036,261
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VELOCITY EXPRESS CORP
ONE MORNINGSIDE DRIVE NORTH
BUILDING B, SUITE 300
WESTPORT, CT 06880
    X    

Signatures

/s/ Edward W. Stone, Chief Financial Officer 07/13/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
On July 3, 2006, the reporting person entered into purchase agreements to buy Series A preferred stock, common stock, warrants and Series A debentures of the issuer.  In particular, the reporting person acquired (a) 393,701 shares of Series A preferred stock (with each share of preferred stock convertible into 10 shares of common stock) for an aggregate purchase price of $9,448,827, (b) 656,168 shares of common stock for a purchase price of $1,968,504, (c) warrants for the purchase of 506,250 shares of common stock (with an exercise price of $0.01 per share) for an aggregate purchase price of $1,211,625, and (d) $3,937,008 of Series A debentures (with a conversion price of $1.00 per share) for an aggregate purchase price of $12,795,276.  Simultaneously with the closings under the foregoing purchase agreements, the reporting person (a) converted its Series A preferred stock into an aggregate of 3,937,010 shares of common stock, (b) exercised its warrants on a cashless basis for an aggregate of 506,075 shares of common stock, and (c) converted its Series A debentures into an aggregate of 3,937,008 shares of common stock.  As a result, the reporting person came to own 9,036,261 shares of common stock of the issuer on July 3, 2006.

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