Jan 10 2008
CFI Is Now Con-Way Truckload
Logistics Management reports that after five months Contract Freighters Inc. (CFI) has been officially renamed as Con-way Truckload. Con-way completed the $750 million purchase transaction almost 5 months ago and has been merging the two trucking companies during that time. Con-way said in a statment that Con-way Truckload is made up of 2,800 tractors, 8,000 trailers and 3,500 employees. Con-way Truckload is expected to generate $500 million in annual revenues and gives Con-way the ability to handle shipments out of west coast ports of Long Beach and Los Angles
Visit Logistics Management Online for all the details of this major trucking company merger.