CON-WAY, Inc. (NY: CNW)
42.50 USD  UNCHANGED
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 24, 2014  /  Add to My Watchlist      
(CNW) Community Analysis from
April 25, 2014
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Conway Inc (CNW) Company Overview

Con-way Inc (NYSE: CNW) provides truckload and less-than-truckload shipping services for retail, industrial, and government customers. Con-way's customers typically don't have a full truckload of goods, and the firm consolidates shipments at a central location before sending the goods on the road. Con-way also has a secondary logistics business - managing product transportation, storage, delivery, and other supply-chain details - and while this business is smaller and less profitable than freight, Con-way has grown its presence in this sector by expanding into Asia by acquiring logistics companies in both Singapore and China.

Because Con-way is a nonunion freight carrier, its workers can do several different jobs when they transport goods, differentiating Con-way from their unionized competitors who must hire a separate person to perform each task. This allows Con-way to operate at lower costs and higher margins than its competitors.

(Read more at Wikinvest )

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