Stock Symbol: CNF
3240 Hillview Avenue
CNF, Inc Industry:
CNF, Inc Description:
CNF is a $4.9 billion management company of global supply chain services with businesses in regional trucking, air freight, ocean freight, customs brokerage, global logistics management and trailer manufacturing.
CNF, Inc Financial Summary:
For the nine months ended 30 September 2005, CNF, Inc.'s revenues increased 12% to $3.08B. Net income increased 66% to $167.6M. Revenues reflect increased sales from Con-Way Transportation services, Menlo Worldwide Logistics and CNF segments. Net income also reflects increased operating income and decreased other expenses. CNF, Inc. is engaged in supply chain management services for business-to-business shipments by land, air and sea.
CNF, Inc Business Summary:
CNF Inc. provides transportation and supply chain management services for a range of manufacturing, industrial and retail customers. The Company operates through four segments: Con-Way Transportation Services, Inc. (Con-Way), Menlo Worldwide, LLC (MW)-Logistics (Logistics), MW-Other and CNF-Other. Con-Way provides regional next-day, second-day and transcontinental freight trucking throughout the United States, Canada, Puerto Rico and Mexico, as well as expedited transportation, freight forwarding, contract logistics and warehousing, and truckload brokerage services. Logistics develops integrated contract logistics solutions, including the management of complex distribution networks and supply chain engineering and consulting, while MW-Other includes the operating results of Vector SCM and serves as the lead logistics manager for General Motors. CNF-Other includes the operating results of Road Systems, Inc., a trailer manufacturer, and certain corporate activities.