During the corresponding time, Con-way Inc. saw a revenue deteriorated by -4.36 % year on year, sequentially revenue grew by 4 %. While revenue at the Con-way Inc.'s corporate clients
Con-way's Comment on Sales, Marketing and Customers
Con-way Truckload offers "through-trailer" service into and out of
Mexico through major gateways in Texas, Arizona and California. This service
eliminates the need for shipment transfer and/or storage fees at the border
and typically involves equipment-interchange operations with various Mexican
motor carriers. For a shipment with an origin or destination in Mexico, Con-way
Truckload provides transportation for the domestic portion of the freight move,
and a Mexican carrier provides the pick-up, linehaul and delivery services within
Mexico.
Menlo provides its services using a customer- or project-based approach when
the supply-chain solution requires customer-specific transportation management,
single-client warehouses, and/or single-customer technological solutions. However,
Menlo also utilizes a shared-resource, process-based approach that leverages
a centralized transportation-management group, multi-client warehouses and technology
to provide scalable solutions to multiple customers. Additionally, Menlo segments
its business based on customer type. These industry-focused groups leverage
the capabilities of personnel, systems and solutions throughout the organization
to give customers expertise in their respective industries.
Menlo's three largest customers collectively accounted for 27.9% of the revenue
and 12.7% of the net revenue (revenue less purchased transportation) reported
for the Logistics reporting segment.
LTL carriers transport shipments from multiple shippers utilizing a network
of freight service centers combined with a fleet of linehaul and pickup-and-delivery
tractors and trailers. Freight is picked up from customers and consolidated
for shipment at the originating service center. Freight is consolidated for
transportation to the destination service centers or other intermediate service
centers (referred to as freight assembly centers). At freight assembly centers,
freight from various service centers can be reconsolidated for transportation
to other freight assembly centers or destination service centers. From the destination
service center, the freight is delivered to the customer. Typically, LTL shipments
weigh between 100 and 15,000 pounds.
Sources:
Con-way Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Con-way Inc.’s corporate clients.
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