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The company was founded by Consolidated Freightways (CF) of Portland, Oregon, as a non-union spinoff, for LTL hauling. In 2009, Con-way Freight reported revenues of over $2.6 billion. [ 4 ] In 2015, Con-way Inc., including Con-way Freight and sibling company Con-way Truckload , was acquired by XPO, Inc. , a primarily non-asset logistics company ...
Con-way, Inc. 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 has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [20] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [21] Beginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely a less-than-truckload (LTL ...
For a short period between 2015 and 2016, the company was owned by XPO, Inc. and known as XPO, Inc. Truckload. In 2016, it was acquired by Canadian logistics company TFI International who returned it to its pre-2007 operations as a standalone truckload company under its original name, CFI. TFI sold the company to Heartland in 2022.
XPO Logistics Inc. (NYSE: XPO) on Thursday introduced its planned spinoff, GXO Logistics Inc. XPO announced that it has filed a confidential initial Form 10 with the U.S Securities and Exchange ...
CNF retained the Con-Way regional LTL companies, Emery Worldwide, and the growing logistics business, Menlo Logistics. [2] The spinoff long-haul trucking company, now called Consolidated Freightways Corporation, filed for Chapter 11 bankruptcy on September 3, 2002, and ceased operations.
XPO LTL facility in Tomah, Wisconsin formerly a Con-way Freight terminal. Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds ...
U.S. home sales are on track for their worst year since 1995. Mortgage rates are influenced by several factors, including the moves in the yield on U.S. 10-year Treasury bonds, which lenders use ...