Public | |
Traded as | : CNW |
Industry | Transportation, distribution |
Founded |
Portland, Oregon (1929) as Consolidated Truck Lines |
Headquarters | Ann Arbor Charter Township, Michigan |
Key people
|
Leland James (Founder) Douglas W. Stotlar (President & CEO) |
Products |
Less than truckload shipping Full truckload freight Warehousing Logistics services Supply-chain management |
Revenue | US$ 5.5 billion (2013) |
US$ 208.9 million (2013) | |
US$ 99.2 million (2013) | |
Number of employees
|
27,900 (December 2010) |
Subsidiaries |
Con-way Freight Menlo Worldwide Logistics Con-way Truckload |
Website | Con-way.com |
Con-way, Inc. (NYSE: CNW) is an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion, Con-way is the third largest transportation and logistics company in America, according to the 2013 Fortune 500 list. The company sells its services through its primary operating companies of Con-way Freight, Con-way Truckload and Menlo Worldwide. These operating units provide less-than-truckload (LTL), full truckload and multimodal freight transportation, as well as logistics, warehousing and supply chain management services. Con-way Inc. and its subsidiaries operate from more than 500 locations across North America and in 20 countries.
On September 9, 2015 Con-way announced it was being acquired by XPO Logistics.
Con-way Inc., traces its heritage from 1929, when industry pioneer Leland James founded an intercity trucking company in Portland, Oregon. Initially named Consolidated Truck Lines, this company grew from a one-truck operation into one of the largest long-haul carriers in the United States by the early 1980s, and became one of the few freight transportation firms to originate in the West and successfully expand eastward. Consolidated headquarters were moved to the San Francisco Bay Area in the 1950s. Long-haul services were spun off under the name Consolidated Freightways in 1996.
Con-way's LTL service is now called Con-way Freight; other components are Menlo Worldwide Logistics, Con-way Truckload and Con-way Multimodal.