Con-way Truckload
 | |
| Subsidiary | |
| Industry | Transportation |
| Founded | 1951 |
| Headquarters | Joplin, Missouri |
Key people |
Joe Dagnese, President |
| Revenue |
 US$ 615 million (2011)[1] |
|
US$ 34.813 million (2011)[1] | |
| Parent | Con-way, Inc. |
| Website | http://www.con-way.com/en/truckload |
Headquartered in Joplin, Missouri, Con-way Truckload is a division of Con-way, Inc. offering dry van transportation services using a fleet of long-haul tractors and trailers. Con-way Truckload provides point-to-point, full truckload, dry van service using single drivers as well as two-person driver teams over long-haul routes—most commonly with each trailer containing only one customer’s goods.
History
Con-way Truckload was founded as Contract Freighters, Inc (CFI) in Joplin, Mo. in 1951 by Roy Reed and Ursull Lewellan. The company began with one tractor and two trailers, and generated revenues of $12,000 during its first year.
CFI expanded services into Mexico providing through-trailer service since 1985. The first international office opened in 1987 in Monterrey, Mexico. Just one year later, the first Canadian office opened in Toronto. There are now 37 sales offices and four terminal locations in addition to the headquarters in Joplin, Mo.
Continued and consistent growth led to the expansion of the company’s headquarters in 1993. The 300-acre site is home to the company’s administrative offices, maintenance facilities, wash bay, and local driver services.
Equipment upgrades grew as rapidly as office locations. The first 48-foot trailer was purchased in 1986. Just three years later, the first air-ride trailer was delivered. Con-way Truckload, as CFI, was the first carrier to operate a 100% air-ride fleet.[2]
In 2007, Con-way, Inc. determined that to become a viable commercial truckload company, an acquisition would be necessary to augment its existing truckload business which was built to service the needs of Con-way Freight.[3] To meet this need, Con-way, Inc. acquired Contract Freighters, Inc. (CFI), a privately held North American truckload carrier based in Joplin, Missouri, for $750 million.[4] CFI was an industry leader at the time of acquisition, operating over 2,600 tractors and more than 7,000 trailers, with more than 3,000 employees including approximately 2,500 drivers. Previously, Con-way had been CFI’s largest customer, accounting for six percent of total revenues.[5]
The combination of Con-way Truckload and CFI provided a number of benefits. CFI had been Con-way Freight’s largest provider of contract service for long-haul transcontinental truckload transportation. CFI had operations in Mexico for more than 20 years and was already one of the largest cross-border truckload carriers. Its capabilities could be combined with Con-way Freight’s Mexico network and Menlo Worldwide Logistics’s border-based logistics operations. The acquisition created a business unit with over $500 million in annual revenues for truckload freight.[6]
Operations
Con-way Truckload operates from five dedicated truckload terminals and 37 sales offices throughout the United States, Canada and Mexico, and accesses many of Con-way Freight’s more than 365 operating locations.[7]
In 2010 Con-way Truckload introduced DoubleStackTM,[8] an advanced cargo loading and capacity management system which allows shippers to utilize the space in trailers better while securing freight more effectively to prevent shipment damage.
Con-way Truckload provides: Regional Service, Dedicated Service and Doublestack Trailers
Giving Back
Community Involvement Con-way Truckload is involved in the community. Every year employees donate time and money for various causes, such as Truckloads of Treasure[9] where company employees participate in a shopping spree benefitting local children, senior citizens, and nonprofit organizations. Local charities are supported at each terminal location.
Stop Distracted Driving Con-way Truckload participates in the National Distracted Driving Awareness Month in April. The “Stop Distracted Driving” campaign focuses on all types of distracted driving, not just texting or cell phone use.[10]
SmartWay As a SmartWay Transport Partner since 2005 and recipient of Excellence Awards in 2006, 2007, and 2013. Con-way Truckload continues to exceed the expectations of EPA’s program. The SmartWay program allows Con-way Truckload to track emission improvement performance and become a working part of the solution rather than contributing to the problem.[11]
Military Support Con-way Truckload is a participant in the U.S. Department of Labor National Apprenticeship Program, which permits eligible veterans and active members of the Guard and Reserves to receive paid on-the-job training using GI Bill benefits.[12]
External links
References
- 1 2 "2011 Annual Report to Shareholders". Con-way,Inc.
- ↑ https://www.con-way.com/en/truckload/About-CTLHistory
- ↑ Con-way Freight website
- ↑ Press release regarding Con-way's acquisition of CFI
- ↑ Con-way buys CFI – California-based company acquires Joplin’s CFI for $750M by Chris Roberts, Joplin Tri-State Business. July 30 - Aug 12, 2007 issue.
- ↑ Con-way Press Release, July 16, 2007
- ↑ https://www.con-way.com/en/truckload/About
- ↑ , YouTube DoubleStack launch video.
- ↑ https://www.con-way.com/en/about_con_way/newsroom/press_releases/Dec_2013/2013_dec_11/
- ↑ http://www.koamtv.com/story/22058093/national-distracted-driving-awareness-month
- ↑ https://www.con-way.com/en/truckload/About-SmartWayInformation
- ↑ https://www.con-way.com/en/about_con_way/newsroom/press_releases/Sep_2008/2008_sep_24/
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