Con-way

By Jeff Berman · February 10, 2016
In an 8-K filing with the Securities Exchange Commission this week, third-party logistics and freight transportation services provider XPO Logistics said it plans to retain the truckload business it acquired through its $3 billion October 2015 acquisition of freight transportation and logistics services provider Con-way Inc.
By John D. Schulz · November 5, 2015
Fast-growing XPO Logistics, an entity that didn’t even exist five years ago, is growing revenue at a faster pace than even the Greenwich, Conn.-based conglomerate expected on the heels of finalizing its $3 billion purchase of Con-way Inc.
By Jeff Berman · October 30, 2015
Following an announcement made on September 9, when it said it planned to acquire Con-way, an Ann Arbor, Mich.-based provider of transportation and logistics services, including its flagship less-than-truckload group Con-way Freight, Con-way Truckload, and its global 3PL unit Menlo Logistics, for $3 billion, non asset-based 3PL XPO Logistics said today the deal has officially been completed.
By Jeff Berman · October 22, 2015
LM recently caught up with XPO Logistics Chairman and CEO Brad Jacobs to discuss the Con-way deal, market conditions, and future plans.
By Jeff Berman · October 8, 2015
On the heels of announcing it plans to acquire freight transportation and logistics services provider Con-way Inc. for $3 billion, XPO Logistics may be considering selling off Con-way Truckload, the company’s truckload arm.
By John D. Schulz · July 20, 2015
The era of driverless trucks – or autonomous vehicles, as they are known euphemistically – may be a lot closer to reality than many people think.
By Jeff Berman · May 1, 2014
Even though the impact of the difficult winter weather could not be overlooked, transportation and logistics services provider Con-way said in its first quarter earnings release today that things are heading in the right direction.
By Jeff Berman · March 20, 2014
Menlo Worldwide Logistics LLC, a third-party logistics (3PL) subsidiary of freight transportation services provider Con-way Inc., recently introduced a freight brokerage service in Europe, which is located in Amsterdam at its European headquarters.
By Jeff Berman · January 21, 2014
Menlo Worldwide Logistics LLC recently announced it has expanded in Malaysia with the opening of the Shah Alam Section 15 warehouse in the city of Selangor.
By Jeff Berman · June 12, 2013
Con-way Freight, the LTL subsidiary of transportation and logistics services provider Con-way Inc., will implement a 5.9 percent GRI for non-contractual business that will take effect on June 24.
By Jeff Berman · March 20, 2013
Con-way released an update on first quarter trends at Con-way Freight, its less-than-truckload unit, which it said could collectively reduce Freight’s quarterly operating income by roughly $14 million.
By Jeff Berman · February 20, 2013
Two subsidiaries of freight and global logistics and transportation service provider Con-way Inc.—Con-way Truckload and Con-way Multimodal—have rolled out a new intermodal service geared towards North American shippers.
By Jeff Berman · February 7, 2013
Net income of $11.8 million—or $0.21 per share—for the fourth quarter was down roughly 50 percent compared to the fourth quarter of 2011 at $23.0 million and $0.41 per share.
By Jeff Berman · August 1, 2012
Net income of $41.8 million—or $0.74 per share—was up 30 percent annually. And operating income—at $80.1 million—saw a 33.2 percent annual improvement, with revenue—at $1.45 billion—seeing a 7.2 percent improvement.
By John D. Schulz · June 29, 2012
Thanks to a transformational organizational change led by Stotlar, he says Con-way is on its way back to its familiar leadership perch atop the LTL industry. Its largest unit, the $3.2 billion Con-way Freight LTL unit, has rebounded from its low point during the 2008-2010 recession to again one of the most profitable carriers in the sector.

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