SOURCE: Con-way Freight

Con-way Freight

Con-way Freight

March 29, 2010 09:00 ET

TNT and Con-way Freight Expand Joint Intercontinental Service Offering

Companies Announce Accelerated Door-to-Door Solution for Heavy Freight Shipments From the USA to Europe

ANN ARBOR, MI and AMSTERDAM, NETHERLANDS--(Marketwire - March 29, 2010) -  TNT and Con-way Freight (NYSE: CNW) today announced a new export service as an expansion of their existing relationship. The intercontinental accelerated service will feature a day-definite, road/air/road USA-to-Europe solution for heavier freight shipments. The new offering will complement the intercontinental import service the two companies launched as part of their commercial alliance back in April 2009.

As part of the USA-to-Europe service, Con-way Freight will manage the pickup of U.S. shipments, followed by consolidation and loading to direct air cargo service from New York's JFK International Airport to Europe. Upon arrival in Europe, TNT will manage customs clearance and deconsolidation at Liège Airport in Belgium. Shipments will then enter TNT's integrated air and road network for delivery to their final destinations in Europe. Transit times from JFK Airport to final destinations in Europe will typically range from three to six days.

"With the expansion of our joint offering, we now provide customers in both the USA and Europe with fast, reliable intercontinental shipping. This is made possible thanks to the unique combination of TNT and Con-way Freight's combined networks," said Matt McDonough, president of North America, TNT. "U.S. customers looking for a reliable solution to handle their export business to Europe now have a faster and more cost-effective option for their freight shipments."

The commercial alliance between TNT and Con-way Freight offers both companies the opportunity to leverage their brands into expanded international offerings using the extensive networks of Con-way Freight in the USA, and TNT across 200 countries throughout the world.

"Our alliance with TNT allows us to provide fast, reliable intercontinental service to meet the growing international shipping needs of our customers, which is increasingly important in today's global economy," said John G. Labrie, president, Con-way Freight. "With this expansion of our Global LTL™ suite of services, shippers will again benefit from a dependable solution that will enable them to reduce costs, shorten lead times and speed product to market. We are very pleased to offer this solution with such a successful and respected provider of global transportation services."

TNT and Con-way Freight maintain two of the industry's most efficient and extensive networks in the territories they serve. TNT operates Europe's largest road express network, providing service through 414 depots across 39 European countries. Con-way Freight runs a system of more than 300 service centers across North America, recently optimized to cut transit times by a day to 460 U.S. destinations. Combining the two consistent, reliable companies' networks in a road/air/road service for heavier freight (more than 70 kg or 150 lbs) offers shippers a unique option to gain competitive advantage in the marketplace.

The expanded alliance with TNT announced today also enables Con-way Freight to continue to grow its suite of international services. In addition to service to and from Europe with TNT, the company's Global LTL offerings include:

  • Service from Asia to the USA, Canada and Mexico with OceanGuaranteed®
  • Service from the USA to the Caribbean with TropicalDirect(SM)
  • Domestic offshore service to Alaska, Hawaii and Puerto Rico

For details on TNT and Con-way Freight's new service to Europe, interested shippers can visit the companies' websites at www.tnt.com and www.con-way.com/freight, or call (800) 677-4444 (in the USA).

Follow Con-way on Twitter: http://twitter.com/Con_way_.

Con-way equipment images are available at www.con-way.com/en/about_con_way/newsroom.

About Con-way Freight
Con-way Freight is the industry's leading less-than-truckload (LTL) freight transportation company, providing guaranteed, day-definite regional and transcontinental service with exception-free delivery, on-time service performance and faster transit times through a single, unified network of more than 300 service centers in the United States, Canada, Mexico and Puerto Rico. Con-way Freight offers LTL freight transportation across North America and through Global LTL™ delivery in the United States from around the world. Global solutions include international less-than-container (LCL) ocean shipments from Asia through its OceanGuaranteed® service; U.S. delivery for inbound international cargoes from Europe through an exclusive alliance with TNT; direct service to more than 30 Bahamian and Caribbean ports through TropicalDirect(SM); and domestic offshore transportation to Alaska, Hawaii and Puerto Rico. Based in Ann Arbor, Mich., Con-way Freight is a certified FAST highway carrier and is C-TPAT/PIP, ACE- and CSA-certified.

Con-way Freight is a subsidiary of Con-way Inc. (NYSE: CNW), a $4.3 billion diversified freight transportation and logistics services company. For more information, visit www.con-way.com/en/freight.

About TNT
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and keeps optimising its global network performance. TNT serves more than 200 countries and employs about 160,000 people. Over 2009, TNT reported EUR 10.4 billion in revenues and an operating income of EUR 648 million. TNT is quoted on the Amsterdam Stock Exchange. TNT recognises its social responsibility and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised: In 2009 TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index. More information about TNT can be found on its website http://group.tnt.com.

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