conway sale

wimpy007 · Sep 19, 2015

I still have my Con-way NOW hat, someday it will be worth $1.95 or less LOL

Steady Eddie · Sep 21, 2015

I still have hats, coats and shirts from express -1. If your name is Ed the coats are yours.

Darmstadter · Sep 21, 2015

blizzard said:
All of the acquired operations - Con-way Freight, Menlo Logistics, Con-way Truckload and Con-way Multimodal - will be rebranded as XPO Logistics.

Yup they got Menlo. A lot of expedite freight comes from Menlo. There are 5 main load boards/transportation management companies that handle expedited freight. NLM, Active On Demand, Menlo Worldwide Logistics, Ryder Integrated Logistics, and Expeditors International. XPO now owns two of them! That is pretty huge! Man how things are starting to change.

Read more: http://www.nasdaq.com/press-release/xpo-logistics-to-acquire-conway-20150909-01409#ixzz3lMjBpSZ7

That is the bigger piece of it for the expedite industry imo.

OntarioVanMan · Sep 22, 2015

Steady Eddie said:
I still have hats, coats and shirts from express -1. If your name is Ed the coats are yours.

just don't call me late for dinner!! The winter coat is great! especially in SD winters...the quality is top shelf....right up there by the Load 1 clothing line....top notch!

Moot · Dec 2, 2015

A friend of mine drove this from Minneapolis to Fargo last night as part of the XPO World Tour or something like that. Looks like they might be serious about keeping the LTL portion of Con-Way.

jelliott · Dec 2, 2015

I think if they get rid of any part possibly Conway Truckload (the old CFI).

I see Express-1 trucks rebranded to XPO Express and now months later being re-logo'd again to XPO Logistics.

akkshole · Dec 2, 2015

We are all now under the XPO Logistics umbrella, altho our door signs show dba XPO Express

Moot · Dec 3, 2015

jelliott said:
I think if they get rid of any part possibly Conway Truckload (the old CFI).

Yeah, Con-Way Truckload should be an easy sell. Lots of larger TL carriers looking to expand with drivers and equipment. I can't see another LTL buying Con-Way Freight. Too much duplication. Maybe some type of investment group.

From what I've read about the buyout, Jacobs wanted Menlo but it was an all or nothing deal. For a non-asset kind of guy he got stuck with a bunch of employees, rolling stock and terminals. He also got Road Systems and some other stuff, including my pension. Sounds a bit messy for him but hey, he used to be in the rubbish business.

I see Express-1 trucks rebranded to XPO Express and now months later being re-logo'd again to XPO Logistics.

What's several millions of dollars in paint and decals to a guy like Jacobs?

OntarioVanMan · Dec 3, 2015

I've recently run a couple Conway loads thru *Bounce* aka XPO logistics....

blizzard2014 · Dec 3, 2015

OntarioVanMan said:
I've recently run a couple Conway loads thru *Bounce* aka XPO logistics....

They are the new "top dog" in the industry. All you guys have to do is keep your working relationship with XPO/Bounce in good standing and you will be running a lot of loads!