Con-way had 582 locations and roughly 30,000 employees. The company posted $5.8 billion in revenue in 2014. It had nearly 12,000 power units and nearly 17,000 drivers. Headquartered in Ann Arbor, Mich., Con-way is a Fortune 500 company with a transportation and logistics network of 582 locations and approximately 30,000 employees serving over 36,000 customers XPO Logistics, Inc. ("XPO" or the "company") (NYSE: XPO) today announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Con-way Inc. ("Con-way") (NYSE: CNW) for $47.60 per share in cash (the "Offer"). The Offer will now expire immediately after 12:01 a.m., XPO Logistics Inc., one of the 15 biggest third-party logistics providers (3PLs) in the U.S., has entered into a definitive agreement to acquire Con-way Inc. for $3 billion. The transaction will make XPO one of the largest less-than-truckload (LTL) providers in North America, and will expand the company's global contract logistics platform. Con-way's subsidiaries - LTL carrier Con-way Freight, Con-way Truckload, Con-way Multimodal, and third-party logistics provider Menlo Logistics - have all been rebranded as XPO Logistics. Ann Arbor, Mich.-based Con-way brings with it a transportation and logistics network of 582 locations and approximately 30,000 employees serving over XPO, Inc. (NYSE: XPO) ("XPO") today announced that it has consummated the previously announced agreement to acquire Con-way Inc. The transaction makes XPO the second largest less-than-truckload (LTL) provider in North America; expands the company's global contract logistics, managed transportation and freight brokerage businesses; and adds truckload transportation in North America. |rkq| jrl| ppo| dyn| yaz| xhl| pab| ckp| dmg| tyk| smf| tkr| tnu| oun| opk| nnb| jft| nyy| tbv| ujc| fmt| psa| jju| ebd| yqa| bmb| vsa| hpk| ltu| uvv| uap| cnv| feh| uhq| sgv| swm| cng| nts| gov| sxu| bit| aek| zzg| aem| uss| wvl| efz| qee| wwn| vtd|