Well I just heard Conway got bought out by XPO for $3 Billion.. just thought id get the ball rolling on the discussion![]()
Conway bought out by XPO
Discussion in 'LTL and Local Delivery Trucking Forum' started by Apd, Sep 9, 2015.
Page 1 of 20
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
I guess I didn't think XPO was big enough to have that kind of money. Shows what I know!
HorseShoe and born&raisedintheusa Thank this. -
Wow, that was sudden...should make things interesting.
born&raisedintheusa and hdcut Thank this. -
3 Billion cash deal, WOW
http://finance.yahoo.com/news/xpo-logistics-acquire-con-way-203301430.htmlborn&raisedintheusa and hdcut Thank this. -
Wtf, how does this even happen. Good or bad news for Conway drivers?
born&raisedintheusa Thanks this. -
Brother in law works for Conway. He just found out about this tonight. Wonder what it will mean for the drivers.
born&raisedintheusa and hdcut Thank this. -
Nothing for now. They are a logistics company. Conway will run as a wholly owned subsidiary. It does mean new freight lanes just opened for us though. Here's a statement from the CEO of xpo;
http://www.greenwichtime.com/busine...quires-Con-Way-6494089.php?cmpid=email-mobileborn&raisedintheusa Thanks this. -
Yea but they had to borrow 2 billion, soooo.. Not sure I'f that's good or bad
born&raisedintheusa and Bluess Thank this. -
3 billion is quite a chunk of change.......no changes to report as of our meeting this morning, but does anyone actually expect a corporation to lay out its plan??
More freight lanes and tonnage......business as usual....(for now??)hdcut, born&raisedintheusa, Shaggy and 1 other person Thank this. -
Can't see how it'll be business as usual when the entire Con-Way management team will be shown the door (Stotlar will stay on for a few month as a "consultant")
hdcut and born&raisedintheusa Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 20