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Con-way Freight was a less-than-truckload (LTL) motor carrier headquartered in Ann Arbor utilizing a network of freight service centers to provide regional, inter-regional and transcontinental less-than-truckload freight services throughout North America.
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg).
Con-way, Inc. Con-way, Inc. (NYSE: CNW) was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion, [2] Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract ...
Freight rate. A freight rate (historically and in ship chartering simply freight[1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
Standard Carrier Alpha Code. The Standard Carrier Alpha Code (SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
Conway then contemplated the advantages of extending his railway north to Toledo, Ohio connecting to Detroit where the C&HD could tap the shipping business of the automotive industry. [2][3] Thus Conway acquired the Indiana, Columbus and Eastern and the Lima-Toledo as the two teetered at the edge of bankruptcy.
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