Con-way merging units
Con-way Inc. said its less-than-truckload division will combine three regional operating companies into one centralized operation headquartered in Ann Arbor, Mich.
The company said this would improve the customer experience and streamline processes at its Con-way Freight division.
Costs for the reorganization are estimated to range from $12 million to $16 million, and are expected to be incurred during the remainder of 2007 and the first quarter of 2008.
Con-way merging units