CNF Transportation Inc. Changes Its Name to CNF ; Reflects CNF's Broader Business Scope.Business Editors PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Feb. 8, 2000 To allow more flexibility in portraying its role in providing a comprehensive array of services for supply-chain management, CNF CNF Configuration (File Name Extension) CNF Conference CNF Conjunctive Normal Form CNF Could Not Find CNF Chin National Front (Burma) CNF Canadian Nature Federation CNF Cornell NanoScale Facility Transportation Inc. (NYSE NYSE See: New York Stock Exchange :CNF) announced today that it has changed its name to the more simply stated &uot;CNF Inc.&uot; CNF President and Chief Executive Officer Greg Quesnel said, &uot;We are tremendously proud of our well-earned 70-year reputation for stalwart performance in the freight transportation sector. As we have continued to innovate and evolve to serve the changing needs of our customers, the broad spectrum of capabilities we provide now are more accurately described as global supply chain services rather than pure transportation. &uot;Companies are beginning to emphasize end-to-end supply chain management instead of the narrower discipline of logistics. Given our expanded scope of activities, we determined that having the word `transportation' in our name was too limiting. It gives the public and our customers too narrow a view of what we do today and where we're headed in the future,&uot; Quesnel said. &uot;CNF is in the enviable position of being able to provide global corporations the competitive advantage and improved corporate performance that results from professionally managing supply chain services. What we provide for customers through each of our companies -- Con-Way Transportation Services, Emery Worldwide Emery Worldwide was a cargo airline, once was one of the leading carriers in the cargo airline world. Emery started in 1946 and was the first freight forwarder to receive a carrier certificate from the United States Government. and Menlo Logistics -- increasingly involves full cycle management of companies' most complex supply chain challenges. This includes designing and implementing worldwide supply chain management and distribution systems, integration of necessary technology, providing time-specific multi-modal deliveries exactly where they are needed, operating `smart' warehouses for customers, configuring and packaging products and handling returns. &uot;With the intellectual capital of our people and our huge investment in technology, we hold the key to solving perhaps the most daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin challenge facing the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. : fulfillment. Fulfillment has many aspects and of course includes delivering to customers the millions of items ordered from web sites. The Priority Mail operations we run for the U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. already play a leading role in this area. We are also market leaders in delivering the heavy freight of business-to-business for both traditional and e-commerce. &uot;As CNF, we will continue to build on our established reputation as the leading provider of premium services in all aspects of supply chain management,&uot; Quesnel concluded. CNF also announced that it will be launching a major new print and television advertising campaign and placements on the Internet to explain its role in providing business customers with comprehensive, global supply chain services. CNF is a $5.6 billion management company of global supply chain services with businesses in regional trucking, air freight air freight n → flete m por avión air freight n → fret aérien air freight air n → Luftfracht f , ocean freight, customs brokerage, global logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet and trailer manufacturing. |
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