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Company type | Subsidiary |
---|---|
Industry | Logistics |
Headquarters | San Francisco, California |
Key people | Robert Bianco, President Gary Kowalski, Senior VP - Chief Operating Officer |
Revenue | US$ 1.72 billion (2014) [1] |
US$ 27 million (2014) [1] | |
Parent | XPO, Inc. |
Website | www.xpo.com |
Menlo Logistics was a global supply chain company operating in 20 countries on five continents. Its core business offerings included third-party logistics and supply chain management, and the company specialized in the integration of all functions across the supply chain. The company operated 210 locations worldwide and had 18,000,000 square feet (1,700,000 m2) of warehouse capacity.
It was a business unit of Con-way, which was acquired in 2015 by XPO, Inc.. [2] Sister companies included Con-way Freight, Con-way Truckload, and Con-way Multimodal.
The idea for Menlo Logistics was developed in the late 1980s. At that time, CF Inc.’s director of marketing, John Williford, presented the idea for the company's creation — an organization that offered warehouse, inventory, and transportation management as well as full integration of supply chain links through customized systems and software — to upper management. The initial business plan was to create, implement, and manage logistics projects for its customers.
On October 26, 1990, Menlo Logistics Inc. was formed. The name was a deliberate choice to prompt an association with California’s Menlo Park, which was well known as the home of venture capitalists and high-tech industries.
Menlo Logistics established itself as a third-party logistics provider in the 1990s, and rode the popularity of the outsourcing trend by notching double-digit growth every year during that era. One of Menlo’s early success stories was its successful bid on a $100 million distribution contract with Sears. The department store wanted to close its internal distribution system, which cost Sears about twice as much as its competitors at 7 percent of its sales.
In December 2000, Menlo Logistics collaborated with General Motors to create Vector SCM, a new global supply chain management company serving the automotive industry.
Effective January 1, 2002, Con-Way formed Menlo Worldwide Logistics by renaming Menlo Logistics and combining it with Vector SCM and the freight forwarding operations of Emery Worldwide (initially renamed Emery Forwarding and later renamed Menlo Worldwide Forwarding). Menlo Worldwide Logistics absorbed the operations of Emery’s logistics unit, Emery Global Logistics (EGL). The EGL operations gave Menlo Worldwide Logistics presence in Asia and South America, and expanded its European scope. The company began leveraging these operations to pursue organic growth outside of North America and grow its European footprint.
In December 2004, Con-Way sold Menlo Worldwide Forwarding to United Parcel Service, and Con-Way streamlined its operating units by merging Con-Way Transportation Service’s logistics unit, Con-way Logistics, into Menlo Worldwide Logistics. This completed the rationalization of three logistics entities into a single business unit. In 2006, GM exercised its right to purchase Menlo Logistics' interest in Vector SCM, and the sale was completed in December.
In seeking to grow its business in the Asian logistics market, Menlo purchased two Asian logistics companies, Cougar Holdings Pte, Ltd. and Chic Holdings, Ltd. in 2007. Singapore-based Cougar enlarged Menlo's operational scope in southeastern Asia, and Shanghai-based Chic significantly expanded Menlo's presence in China. [3]
In October 2015 Menlo Logistics and its parent Con-Way were acquired by XPO, Inc.. [2]
In commerce, supply chain management (SCM) deals with a system of procurement, operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers. A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally". This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers. Meanwhile, supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner.
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Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain. It helps businesses in product development, sourcing, production, and logistics by automating operations. In this way, it increases the physical flow of business as well as informative flow. The entire business benefits with higher performance, greater cost-efficiency, and thus increased supply chain efficiency.
Contract Freighters, Inc. (CFI), a subsidiary of Heartland Express, is an American truckload freight carrier headquartered in Joplin, Missouri with operations in the continental US, Canada, and Mexico. Easily recognizable on the highway by their iconic bright red Kenworth trucks. CFI provides point-to-point, full truckload, dry van service, as well as refrigerated transport, and utilizes single drivers as well as two-person driver teams over long-haul routes—most commonly with each trailer containing only one customer's goods.
Con-way Freight was a less-than-truckload (LTL) motor carrier headquartered in Ann Arbor, Michigan, utilizing a network of freight service centers to provide regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. The business unit provided day-definite delivery service to manufacturing, industrial and retail customers. Con-way Freight was the largest division of Con-way, Inc. with 16,600 employees, more than 365 operating locations, 16,000 dock doors and 32,750 tractors and trailers. The company was founded by Consolidated Freightways (CF) of Portland, Oregon, as a non-union spinoff, for LTL hauling. In 2009, Con-way Freight reported revenues of over $2.6 billion. In 2015, Con-way Inc., including Con-way Freight and sibling company Con-way Truckload, was acquired by XPO, Inc., a primarily non-asset logistics company from Greenwich, Connecticut, in a deal worth $3.5 billion.
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