Con-way

Con-way, Inc. is a US-based logistics company headquartered in San Mateo, California (near San Francisco). The shares of Con-way 's listed on the New York Stock Exchange and is represented in the stock market indices Dow Jones Composite Average and Dow Jones Transportation Average. The Group is active in North and South America, Asia, Europe and Australia. At Con-way total of around 26,000 people are employed (2008). The turnover is about 4 billion U.S. dollars ( 2008). President and Chief Executive Officer Douglas Stotlar. Con-way also occurs as a sponsor in NASCAR Truck race on ( in the past, for example, at the Con - way Freight 200 or Craftsman Truck Series ).

History

The company traces its history back to a regional trucking company, which was founded in 1929 by Leland James in Portland. By joining forces with other acquired companies created the Consolidated Truck Lines, renamed Consolidated Freightways (CF ) in 1939. In the 1990s expanded into the area of ​​air cargo and abroad. 1996 Consolidated Freightways was split off from the group and an independent company. The remainder of the group was to CNF, Inc. with the three subsidiaries Menlo Logistics, Emery World Airlines and the newly formed Con - Way. Consolidated Freightways filed for bankruptcy in 2002. After due to deficient maintenance injured twice in the 1990s aircraft Emery World Airlines, flight operations were forbidden by the regulatory authority, in 2004 the line was sold to UPS and renamed. 2006 CNF, Inc. Con-way, Inc. has been renamed. In 2007, Con-way, the company Contract Freighters, Inc. ( CFI).