This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Menlo And MAQUET Strengthen Their Global Business Relationship

AMSTERDAM, Aug. 27, 2013 /PRNewswire/ -- Menlo, the global logistics and supply chain management unit of Con-way Inc. (NYSE: CNW), is pleased to announce that it has been appointed as the global forwarder manager (GFM) by MAQUET in order to create an economic and simplified global supply chain. Menlo will also be tasked with reducing MAQUET's current roster of carriers.

(Logo: http://photos.prnewswire.com/prnh/20130313/MM76898LOGO)

"Our skills in transportation management are well-tested. Their application to the challenge presented by our long-term business partner MAQUET is a task that I heartily welcome," commented Tony Gunn, Menlo's managing director, Europe. "In extending the services we offer to this customer, including freight audit and pay and supply chain optimization programs emanating from our application of Lean management principles, we can grow together in efficiency and effectiveness."

The logistics operator will act as a GFM controlling and managing carriers and all shipments from three "control towers" — one in each of MAQUET'S primary trading regions. These will be at Menlo facilities in Eersel ( Netherlands) for Europe, Auburn Hills ( Michigan) for North America and Shanghai ( China) for the Asia-Pacific region.

Frank Kozar, vice president, global supply chain at MAQUET, commented on the development: "Having worked with Menlo in various geographies and on a number of different elements of our supply chain, we feel very comfortable with extending our partnership to global forwarder management. Menlo's values are in step with our own and their commitment to continuous improvement in managing supply chains is crucial in maintaining our products as market leaders in an increasingly competitive environment."

This development of MAQUET business further underlines the expertise that Menlo has proven in fulfilling the strict requirements in the medical device sector.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,852.52 -59.59 -0.35%
S&P 500 1,967.35 -2.60 -0.13%
NASDAQ 4,453.0480 +10.35 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs