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- Fitch Initiates Coverage of CNF Inc. at 'BBB'; Outlook Stable
- CHICAGO -- Fitch Ratings has initiated coverage of CNF Inc. (NYSE:CNF) with an issuer default rating IDR of 'BBB'. In addition, Fitch has assigned a rating of 'BBB' to CNF's unsecured debt obligations, as well as its $400 million unsecured revolving credit facility. The senior unsecured rating applies to approximately...
- Research articles 2006-01-25
- Menlo Worldwide Promotes Two; Lonny Warner Named Vice President of High-Tech Industry Group Bob Bassett Named Vice President of Sales and Marketing
- REDWOOD CITY, Calif. -- Menlo Worldwide Inc., a subsidiary of CNF Inc. (NYSE:CNF), announced today that Lonny E. Warner has been promoted to vice president of the company's high tech industry group. Robert W. Bassett has been named the company's new vice president of sales and marketing. The announcement was...
- Research articles 2005-07-07
- Directors Roster: a quarterly record of new director appointments sponsored by Spencer Stuart
- THE DIRECTORS & BOARDS Directors Roster--a quarterly record of new director appointments--is compiled from public and private sources by the editorial staff of DIRECTORS & BOARDS, and is sponsored by Spencer Stuart. Please forward your directors appointments to kmccarthy@directorsandboards.com. Submissions of new directors and appointments are welcome from all...
- Research articles 2005-06-22
- CNF President & CEO To Address Bear Stearns Transportation Conference
- PALO ALTO, Calif. -- Douglas W. Stotlar, president and chief executive officer of CNF Inc. (NYSE:CNF), will make a presentation on May 12 at the Bear Stearns Global Transportation Conference in New York City. The presentation will begin at approximately 2:20 p.m. Eastern Daylight Time. Interested parties may listen...
- Research articles 2005-05-03
- Menlo Worldwide Announces Two New RFID Compliance Solutions
- REDWOOD CITY, Calif. -- Company Integrates Operational Expertise with Leading Radio Frequency Identification RFID Technology to Help Customers Meet Compliance Mandates Menlo Worldwide Inc., a subsidiary of CNF Inc. (NYSE:CNF) announced today that it has developed two new low-cost RFID compliance solutions for its customers: Tag & Ship, and...
- Research articles 2005-03-03
- Menlo Worldwide Strengthens Global Network in Asia, Europe and South America
- REDWOOD CITY, Calif. -- Menlo Worldwide Inc., a subsidiary of CNF Inc. (NYSE:CNF), announced a strategic strengthening and reorganization of its international network of operations subsequent to CNF's sale of Menlo Worldwide Forwarding in December. The following developments have occurred since and as a result of the sale: --In...
- Research articles 2005-02-28
- Menlo Worldwide Forms New Group to Serve Logistics Needs of Global Automotive Industry
- REDWOOD CITY, Calif. -- Menlo Worldwide has announced the formation of Menlo Automotive Group MAG to focus on the special supply chain and logistics needs of the global automotive industry. The new industry-focused group will leverage the capabilities and acumen of personnel, systems and solutions throughout the Menlo organization to...
- Research articles 2005-02-02
- CNF Completes Sale of Menlo Worldwide Forwarding
- PALO ALTO, Calif. -- CNF Inc. (NYSE:CNF) today announced that it has completed the sale of its Menlo Worldwide Forwarding unit to United Parcel Service of America Inc. for $150 million in cash plus the assumption of approximately $110 million of debt. The sale closed and became effective December...
- Research articles 2004-12-20
- CNF Inc. Reiterates Guidance
- SAN MATEO, Calif. -- In response to inquiries from investors and analysts, CNF Inc. (NYSE:CNF) announced today that it continues to expect third-quarter 2005 diluted earnings per share from continuing operations to be between $1.00 and $1.08 cents. This represents the same earnings expectation provided previously on July 19, 2005.
- Research articles 2005-09-15
- UPS to Acquire CNF's Menlo Worldwide Forwarding Unit
- PALO ALTO, Calif. -- CNF Inc. (NYSE:CNF) today announced that it has entered into a definitive agreement with UPS under which UPS will purchase CNF's Menlo Worldwide Forwarding business for $150 million in cash, plus the assumption of approximately $110 million of debt. The purchase includes Menlo Worldwide Forwarding's...
- Research articles 2004-10-05
- UPS to Acquire CNF's Menlo Worldwide Forwarding Unit.
- PALO ALTO, Calif., Oct 5, 2004 CCNMatthews via COMTEX CNF Inc. (NYSE:CNF) today announced that it has entered into a definitive agreement with UPS under which UPS will purchase CNF's Menlo Worldwide Forwarding business for $150 million in cash, plus the assumption of approximately...
- Research articles 2004-10-05
- UPS to acquire Menlo Worldwide Forwarding; Adds guaranteed heavy air freight capabilities worldwide.
- M2 PRESSWIRE-6 October 2004-UPS: UPS to acquire Menlo Worldwide Forwarding; Adds guaranteed heavy air freight capabilities worldwideC1994-2004 M2 COMMUNICATIONS LTD RDATE:10052004 ATLANTA - UPS (NYSE: UPS) and CNF Inc. (NYSE: CNF) today announced UPS has agreed to acquire Menlo Worldwide Forwarding,...
- Research articles 2004-10-06
- CNF Executive to Address Merrill Lynch Global Transportation Conference
- Business Editors Merrill Lynch Global Transportation Conference PALO ALTO, Calif.--BUSINESS WIRE--June 10, 2004 Gerald L. Detter, senior vice president of CNF Inc. (NYSE:CNF) and president and chief executive officer of Con-Way Transportation Services, will participate in a panel discussion on June 16 at the Merrill Lynch Global...
- Research articles 2004-06-10
- Frito-Lay Dubs CNF's Con-Way Carrier of Year
- Con-Way Transportation Services said that for the third consecutive year, Frito-Lay North America presented it with the Less-Than-Truckload Carrier of the Year award.Con-Way , a subsidiary of CNF Inc., provides time-definite and daydefinite transportation through its regional less-than-truckload carriers. CNF ranks No. 4 on the TRANSPORT TOPICS 100 list of...
- Research articles 2004-04-12
- Higher truck revenue drives CNF
- CNF Inc., owner of the largest U.S. regional trucker, said fourth- quarter net income rose 20 percent, helped by higher trucking revenue in a stronger economy. Net income climbed to $28.9 million, or 49 cents a share, from $24.2 million, or 41 cents, the Palo Alto-based company...
- Research articles 2004-01-27
- CNF Inc. Sets New Date for Third-Quarter Investor Conference Call
- PALO ALTO, Calif. -- CNF Inc. (NYSE:CNF) announced today that it expects to release its third-quarter earnings before the market opens on Monday, Oct. 25, 2004. The company also plans to host a conference call for shareholders and the investment community that morning at 12:00 p.m. Eastern Daylight Time (9:00...
- Research articles 2004-10-14
- CNF to pay $6.5 million fine related to hazmat allegations
- CNF Inc. has agreed to pay $6.5 million in fines and plead guilty to charges that its now-closed aircargo unit violated federal laws on transporting hazardous materials.Under an agreement with the Justice Department, CNF pleaded guilty to 12 counts of violating the law and was fined a total of $6...
- Research articles 2003-10-06
- Three major LTL carriers show profit improvement
- Three major less-than-truckload carriers reported first-quarter improvements in profits from continuing operations on April 21, in spite of what executives described as a stagnant economy. On Wall Street, investors punished one of those companies -- Arkansas Best Corp. - for missing projections of earnings per share and five stock analysts...
- Research articles 2003-04-28
- Emery Forwarding Changing Its Name To Menlo Worldwide Forwarding.
- REDWOOD CITY, CALIFORNIA, Feb 10, 2003 CCNMatthews via COMTEX Emery Forwarding announced today that it plans to change its name to Menlo Worldwide Forwarding. The name change process will be completed by Jan. 1, 2004. Emery is a leading global heavyweight transportation provider that...
- Research articles 2003-02-10
- CNF Inc. to Host Fourth-Quarter Conference Call January 25
- PALO ALTO, Calif. -- CNF Inc. (NYSE:CNF) announced today that it expects to release its fourth-quarter and year-end earnings results after the market closes on Monday, Jan. 24, 2005. The company also plans to host a conference call for shareholders and the investment community the following morning, Tuesday, Jan. 25...
- Research articles 2005-01-05
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