Segment Reporting

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Reporting

Con-way discloses segment information in the manner in which the business units are organized for making operating decisions, assessing performance and allocating resources. For the periods presented, Con-way is divided into the following three reporting segments:

• Freight. The Freight segment consists of the operating results of the Con-way Freight business unit, which provides regional, inter-regional and transcontinental less-than-truckload freight services throughout North America.

• Logistics. The Logistics segment consists of the operating results of the Menlo business unit, which develops contract-logistics solutions, including the management of complex distribution networks and supply-chain engineering and consulting, and also provides multimodal freight-brokerage services.

• Truckload. The Truckload segment consists of the operating results of the Con-way Truckload business unit, which provides asset-based full-truckload freight services throughout North America.

In prior years, the Other reporting segment consisted of the operating results of Con-way's trailer manufacturer and certain corporate activities for which the related income or expense was not allocated to other reporting segments. Beginning in the first quarter of 2013, the former Other segment is reported as Corporate and Eliminations in order to reconcile the segment results to the consolidated totals. All years presented reflect this change to the reporting segment structure.

Financial Data

Management evaluates segment performance primarily based on revenue and operating income (loss). Accordingly, investment income, interest expense, and other non-operating items are not reported in segment results. Corporate expenses are generally allocated based on measurable services provided to each segment, or for general corporate expenses, based on segment revenue. Beginning in the first quarter of 2013, defined benefit pension plan costs are no longer allocated from Corporate to the reporting segments. The amount of defined benefit pension cost retained in Corporate and Eliminations was $4.2 million in 2013. In prior periods, the amount of defined benefit pension cost allocated from Corporate to the three reporting segments was $9.6 million in 2012 and $0.4 million in 2011. Inter-segment revenue and related operating income (loss) have been eliminated to reconcile to consolidated revenue and operating income. Transactions between segments are generally based on negotiated prices.

(Dollars in thousands)	Years ended December 31,
	2013		2012			2011
Revenue from External Customers
Freight	$	3,424,002	$	3,339,605		$	3,196,564
Logistics	1,474,507		1,677,279			1,555,422
Truckload	567,255		558,714			532,165
Corporate and Eliminations	7,592		4,649			5,802
	$	5,473,356	$	5,580,247		$	5,289,953
Revenue from Internal Customers
Freight	$	42,098	$	52,991		$	50,543
Logistics	65,892		48,921			34,572
Truckload	69,555		76,842			82,849
Corporate and Eliminations	70,687		53,015			40,883
	$	248,232	$	231,769		$	208,847
Operating Income (Loss)
Freight	$	146,047	$	143,869		$	119,779
Logistics	23,467		44,616			54,747
Truckload	38,691		44,921			34,813
Corporate and Eliminations	748		(4,565		)	(1,411		)
	$	208,953	$	228,841		$	207,928
Depreciation and Amortization, net of Accretion
Freight	$	135,311	$	124,372		$	109,875
Logistics	7,571		7,532			8,783
Truckload	74,449		69,799			70,003
Corporate and Eliminations	11,905		13,499			12,977
	$	229,236	$	215,202		$	201,638
Capital Expenditures
Freight	$	180,576	$	190,218		$	146,001
Logistics	24,587		7,186			10,055
Truckload	74,637		93,117			131,413
Corporate and Eliminations	2,143		2,614			1,525
	$	281,943	$	293,135		$	288,994
Assets
Freight	$	1,529,681	$	1,459,576		$	1,368,249
Logistics	318,266		302,295			313,253
Truckload	799,775		807,470			791,864
Corporate and Eliminations	632,209		583,074			626,650
	$	3,279,931	$	3,152,415		$	3,100,016

Geographic Data

For geographic reporting, freight transportation revenue is allocated equally between the origin and destination. Revenue for contract services is allocated to the country in which the services are performed. Long-lived assets outside of the United States were immaterial for all periods presented.

(Dollars in thousands)	Years ended December 31,
	2013		2012		2011
Revenue
United States	$	5,094,193	$	5,189,792	$	4,965,630
Canada	116,491		114,451		110,799
Other	262,672		276,004		213,524
Total	$	5,473,356	$	5,580,247	$	5,289,953