What is in store for us?

Discussion in 'XPO Logistics' started by StrokerAce, May 21, 2006.

  1. StrokerAce

    StrokerAce Member

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    If FedEx has bought out Watkins like it seems to have happened, what do you guys think will be our future down the road? Will we be bought out by someone like DHL, will we be doing the buying, or will we just stay the same?
     
  2. No Freight

    No Freight Member

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    DHL is definately in the market for a LTL company! Maybe not Conway...maybe more along the lines of Vitran or something like that...
     
  3. jdog

    jdog New Member

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    In the three years I've been with Con-Way there has always been a rumor about someone buying us out. DHL has been the one most of the rumors are about. I'm not saying it won't happen but this is a young and smaller ltl company compared to some. If the time comes that we are bought out I would not care as long as we still get at least the same benefits and pay.
     
  4. Rodedog

    Rodedog Member

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    smaller than some???? currently, we are #2 behind YRC, and FedEx freight is just behind us, but will take the #2 spot if or when the Watkins deal goes through.
     
  5. StrokerAce

    StrokerAce Member

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    Well whatever happens, we are in some interesting times in the trucking business.
     
  6. gov

    gov dsr Thomsen, xmd

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    3 years ago UPS wanted to buy us.
     
  7. StrokerAce

    StrokerAce Member

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    Tell you what gfy, I was shock that they didn't. Our management style is so similar to theirs. The uniforms, haircuts, trucks, and the strict rules all remind me of UPS. I don't believe that we would have went through the shock of the change over that the Overnite guys are experiencing right now (from what I have read on the UPS Freight forums). In fact, I doubt that there would have been much to change over except the name.
     
  8. RevItUp

    RevItUp Member

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    Doesn't seem likely. Why would Conway pay all that money to re-brand if they wanted to sell?
     
  9. gov

    gov dsr Thomsen, xmd

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    Just think like this.Only good will come with all this.Remember they care about us.We our the driving force in C.F.(conway freight).
     
  10. shortcircuit

    shortcircuit Guest

    I heard a comment that with all the separate "companies" (CCX, CSE, CWX, Vantage Parts, Road Systems, Menlo Logistics, Etc.) that it was harder for another company to buy us, anyone understand any of that stuff? :(
     
  11. Rodedog

    Rodedog Member

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    the way it was explained to me is that ups wanted the ltl business only, but cnf wanted to include menlo logistics, which ups has no need for, since they already have logistics. that was the deal breaker. never heard if road systems or any of that were to be included or not.
     
  12. ben45750

    ben45750 Member

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    Question?

    On Menlo's website its says:
    Menlo Worldwide is one of three principal operating companies owned by Con-way Inc. (NYSE: CNW).

    On Con-ways website it says:
    In December 2004, CNF sold Menlo Worldwide Forwarding to United Parcel Service of America.

    SO who owns Menlo?
     
  13. CFer

    CFer Active Member

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    xco_dsr, you are dealing with 2 different companies. Each statement is correct
     
  14. gov

    gov dsr Thomsen, xmd

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    lawofone would like that question.
     
  15. OLDMAN

    OLDMAN Member

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    A few years back, Emery was put in the Menlo div.

    Menlo sold that div (Emery) to UPS.
    UPS wanted in the heaver weight air freight
    and Menlo (Emery) gives them that.
     
  16. gov

    gov dsr Thomsen, xmd

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    Thats when Emery had all the labor,maintenance and a plane crash problems.Yes or no,I don't remember.
     
  17. imported_demize

    imported_demize Member

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    I thought that Emery had landing rights overseas that UPS wanted. Did hear something about plane troubles also.
     
  18. trucker4cf

    trucker4cf Member

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    menlo logistics is a wholey owned company of cnw. cnf got them in the split.
     
  19. Mozartsghost

    Mozartsghost Member

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    UPS bought most of the Emery landing rights back when they purchased some of the logistics holdings CNF had... I think it was early last year if memory serves...
     
  20. gov

    gov dsr Thomsen, xmd

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    Type in EWA law suits.If you have the time.
     

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