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| Formerly | Consolidated Truck Lines |
|---|---|
| Company type | Public |
| NYSE: CNW | |
| Industry | |
| Founded | 1929 in Portland, Oregon |
| Founder | Leland James |
| Headquarters | Ann Arbor Charter Township, Michigan |
Key people | Douglas W. Stotlar (president & CEO) |
| Products | |
| Revenue |  US$5,806 million (2014) |
| US$268 million (2014) | |
| US$137 million (2014) | |
| Total assets | US$3,336 million (2014) |
Number of employees | 30,100 (2014) |
| Subsidiaries | |
| Website | con-way |
| Footnotes / references [1] | |
Con-way, Inc. (NYSE: CNW) was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion,[2] Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract logistics, managed transportation, truckload and freight brokerage. The company's services were sold through its primary operating companies of Con-way Freight, Con-way Truckload and Menlo Worldwide. These operating units provided 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 operated from more than 500 locations across North America and in 20 countries.
The company was known as Consolidated Freightways, Inc. until 1996 when it spun off its long-haul trucking subsidiaries, CF MotorFreight and four others, into a separate, independent company which took the name Consolidated Freightways Corporation. The parent company was renamed CNF Transportation Inc. at the time of the split and retained a set of LTL subsidiaries which had been operating under the name Con-way as well as its other logistics and freight forwarding subsidiaries.[3] The spinoff long-haul business, Consolidated Freightways Corporation, filed for Chapter 11 bankruptcy on September 3, 2002, and ceased operations.[4]
In 2006, CNF rebranded itself Con-way, Inc.[5] On September 9, 2015, it announced it was being acquired by XPO, Inc..[6] The sale was completed on October 30, 2015[7] and the Con-way brand had been retired by May 9, 2017.[8]
- ^ Con-way (30 March 2015). "Con-way Inc. 2014 Annual Report" (PDF). Con-way. Retrieved 12 November 2021.
- ^ Con-way (31 March 2014). "Con-way Inc. 2013 Annual Report" (PDF). Con-way. Retrieved 12 November 2021.
- ^ Fuller, Craig (January 3, 2020). "Online Haul of Fame: Consolidated Freightways (CF Freight)". FreightWaves. Archived from the original on November 1, 2021. Retrieved November 17, 2021.
- ^ Romero, Simon (September 3, 2002). "Consolidated Freightways Nears Collapse". The New York Times. Archived from the original on March 15, 2016. Retrieved November 11, 2012.
- ^ Con-Way. "History". Archived from the original on November 7, 2012. Retrieved November 17, 2021.
- ^ "XPO Logistics to Acquire Con-way" (Press release). Greenwich, Connecticut. Archived from the original on 11 September 2015. Retrieved 10 September 2015.
- ^ Solomon, Mark B. (30 October 2015). "XPO closes purchase of Con-way; layoffs begin within Con-way system". DC Velocity. Retrieved 4 May 2017.
- ^ "XPO Completes LTL Rebranding". Transport Topics. May 10, 2017. Archived from the original on August 16, 2021. Retrieved November 5, 2021.