Con-way

Con-way Inc. is an American transportation and logistics company that offers services in less-than-truckload (LTL), full truckload and intermodal freight transportation, logistics, warehousing and supply chain management services, and trailer manufacturing. Founded in 1929 with headquarters in Ann Arbor, Michigan, the company reported 2013 revenue of $5.47 billion, down 1.9 percent year-over-year. The company also reported net income of $99.15 million, down 5.4 percent from the previous year’s net income of $104.55 million.

Con-way and its subsidiaries — Con-way Freight, Con-way Truckload, and Menlo Worldwide Logistics — employ 29,500 individuals worldwide and operates in 20 countries across 5 continents. The trucking company operates a fleet of 2,700 tractors and 8,200 trailers. The company also operates 300 freight service centers and 160 warehouses worldwide.

Con-way reported net income in the fourth quarter of 2013 was $11.7 million, slipping 0.9 percent year-over-year from $11.8 million, ending the year in a dip after two previous quarters of growth. The results were in line with the company’s fourth-quarter update, which was issued in mid-January and predicted flat earnings because of problems at subsidiaries Con-way Freight and Menlo Worldwide Logistics. 

Weekly wrap-up: Ship collision, protests and port congestion
04 Oct 2014
“If it bleeds, it leads,” is a saying in the news industry that means bad news gets higher ratings than good news, and that rang true on JOC.com this past week.
30 May 2014
Trucking companies looking for new ways to attract hard-to-hire drivers are rethinking how they “spec” or order trucks.
Con-way truck
07 Feb 2014
Con-way reported net income in the fourth quarter of 2013 was $11.7 million, slipping 0.9 percent year-over-year from $11.8 million...
Menlo's new warehouse in Selangor, Malaysia.
22 Jan 2014
Menlo Worldwide Logistics has opened a new warehouse in Selangor, Malaysia, as part of its expansion plans.
Con-way Freight truck
17 Jan 2014
Trucking and logistics giant Con-way expects fourth-quarter earnings to be flat with year-ago results, citing problems at less-than-truckload carrier Con-way Freight and Menlo Worldwide Logistics.