Panalpina with market share gain, profitability improvement and strong free cash flow in third quarter 2010

In the first nine months of 2010, the Panalpina Group recorded strong volume growth with a 27% increase in Air and a 16% increase in Ocean Freight year-on-year while continuing to outpace the market in both segments; profitability per freight unit (currency adjusted) continued to increase quarter-on-quarter. Gross profit increased in the third quarter by 13% year-on-year (19% in local […]

Con-way Inc. Reports Third-Quarter Results For 2010

SAN MATEO, Calif. – November 02, 2010 Con-way Inc. (NYSE:CNW) today reported a net loss to common shareholders for the third quarter of 2010 of $8.2 million (15 cents per share). The results compared to third-quarter 2009 net income to common shareholders of $13.5 million (27 cents per diluted share). On a non-GAAP basis, third-quarter earnings per diluted share were […]

Kuehne + Nagel extends logistics capacities in Catalonia

Barcelona, October 28, 2010 – Kuehne + Nagel has opened a new facility in the Barcelona logistics area “ZAL”. It serves as transhipment platform for the Group’s growing activities in the field of international transport and as multi-user warehouse for its contract logistics customers. Featuring 54 loading and unloading bays, site perimeter fencing, video surveillance and modern radio frequency systems, […]

FedEx Officially Opens New Hub at Cologne Bonn Airport

Central and Eastern Europe Gateway Provides Companies with Fast Connections to Global Markets and Employs More than 450 people BEIJING, October 28, 2010 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and Cologne Bonn Airport today officially opened FedEx new Central and Eastern Europe hub. Cologne Bonn Airport and FedEx, one of the world’s largest express transportation companies, […]

Con-way Multimodal Appoints C. Thomas “Tommy” Barnes and Greg Orr to Leadership Team

New President and Vice President of Operations to Drive Domestic and Global Expansion Goals PORTLAND, Ore., and ANN ARBOR, Mich. – October 26, 2010 Con-way Multimodal, a division of Con-way Inc.’s (NYSE: CNW) operating unit Menlo Worldwide Logistics, today announced the appointments of C. Thomas “Tommy” Barnes and Greg Orr to the roles of president and vice president of operations, […]

Con-way Freight Achieves “Carrier of Choice” Designation from Canadian Transportation & Logistics Magazine for Ninth Consecutive Year

Publication’s 2010 Shipper’s Choice Awards Survey Recognizes Carriers for Outstanding Performance ANN ARBOR, Mich. – October 21, 2010 Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced that it has been named an elite Carrier of Choice in the LTL trucking category by Canadian Transportation & Logistics for the ninth consecutive year. Only 10 […]

SmartTruck Introduces, Begins Production on Next-Generation Trailer Aerodynamics

First Customers for UnderTray System Include Con-way, Frito-Lay and PepsiCo PHOENIX – October 19, 2010 SmartTruck, a new manufacturer of aerodynamic products for the trucking industry, introduced its UT-6 Trailer UnderTray System today at the 2010 ATA Management Conference & Exhibition. SmartTruck has begun production of the system, which provides a fuel efficiency gain of at least 8.5 percent for […]

Con-way Freight and Con-way Truckload Named to Inbound Logistics Top 100 Motor Carriers List

Companies Recognized for Exemplary Service, Performance and Commitment to Customers SAN MATEO, Calif. – October 13, 2010 Con-way Inc. (NYSE: CNW) today announced that two of its operating companies — Con-way Freight and Con-way Truckload — have been selected by Inbound Logistics for its 2010 Top 100 Motor Carriers list. This marks the second consecutive appearance in the annual compilation […]

FedEx Receives Committed to the Environment Award

FedEx is the only company in transportation to have received this award from The International Charter MEMPHIS, Tenn., October 12, 2010 – FedEx Corp. (NYS: FDX) is recognized by The International Charter for clear commitment to understanding its environmental impact and reducing it. FedEx is the only company in its industry to receive the Committed to the Environment award. “We were […]