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Con-Way to launch new truckload company

Con-Way Transportation Services Inc. announced June 3 the formation of a new operating company, Con-way Truckload (CTL). CTL is to start operating during the first quarter of 2005.

Gerald L. Detter, president and CEO, said the new company will serve Con-Way's three regional less-than-truckload carriers: Con-Way Central Express, Con-Way Southern Express and Con-Way Western Express, by providing linehaul service on full loads of LTL shipments moving in transcontinental traffic lanes.

According to a company news release, the plan is to add approximately 450 jobs to Con-Way's existing workforce of more than 18,500 employees. All drivers will be company employees with contract drivers utilized as needed.

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