XPO Logistics is moving rapidly to reorganize the less-than-truckload business acquired from Con-way last fall, cutting back-office and management positions while rolling out new technology for dockworkers and truck drivers.
02 Oct 2015
Con-way Freight today said it will raise non-contract tariff rates 4.9 percent this month, following rate hikes announced by FedEx Freight in the U.S. and DHL Freight in Europe.
02 Oct 2015
To own or not to own assets: that is the question facing third-party logistics and transport operators in a world where the supply and cost of shipping capacity, on land at least, is increasingly uncertain. XPO Logistics believes it has an answer: Do both.
12 Sep 2015
XPO's experience with Norbert Dentressangle, a major logistics company and truck operator in Europe, informed its decision to buy Con-way and operate a "blended capacity mix" of owned, contracted and independent trucks and carriers, Chairman and CEO Bradley S. Jacobs said.
10 Sep 2015
XPO Logistics doesn’t take little steps. The $3 billion acquisition of Con-way, the second largest less-than-truckload operator as well as a major U.S. non-asset logistics player and truckload hauler, is not only transformational for XPO, but possibly for the LTL industry as a whole.
09 Sep 2015
XPO Logistics plans to buy $5.8 billion Con-way, the parent of LTL giant Con-way Freight, Menlo Logistics and Con-way Truckload.
24 Aug 2015
Con-way Freight workers in Portland, Oregon voted not to join the International Brotherhood of Teamsters last week, marking the seventh outright defeat for the union in its attempt to organize workers at the second-largest stand-alone U.S. less-than-truckload carrier.
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
30 Jul 2015
A steep drop in fuel surcharges coupled with an increase in driver wages helped drag profit and revenue down at Con-way Freight and Con-way Truckload. Menlo Logistics lost revenue, but managed to increase profit.