Menlo Logistics Marks Second Singapore Expansion in Two Years; Opens New 50,000 m2 Warehousing and Distribution Centre at Maple

   Menlo Logistics Marks Second Singapore Expansion in Two Years; Opens New
50,000 m2 Warehousing and Distribution Centre at Mapletree Benoi Logistics Hub

S$127 Million Logistics Hub Represents Latest Collaboration Between Menlo and
Leading Singapore Logistics Real Estate Provider Mapletree Logistics Trust

PR Newswire

SAN FRANCISCO and SINGAPORE, May 6, 2014

SAN FRANCISCO and SINGAPORE, May 6, 2014 /PRNewswire/ -- Menlo Logistics
(Menlo), the US$1.5 billion global logistics and supply chain management
subsidiary of Con-way Inc. (NYSE: CNW), today will formerly dedicate its new
state-of-the-art warehousing and distribution management centre at 21 Benoi
Sector Singapore, 629853.

Menlo Logistics.

The new 50,000-square-meter Benoi centre brings the company's footprint in
Singapore to eight facilities totaling 219,700 square meters. The expansion
spotlights Menlo's commitment to investing in the growing market for
distribution services in Singapore, and the country's rising prominence as a
strategic logistics hub for Asia.

"Singapore and the regional Asia markets are some of our fastest growing
sectors, due in large part to our strong market share and industry-specific
expertise in wine and spirits distribution," said Robert L. Bianco Jr.,
president of San Francisco, California-based Menlo Logistics, who will
headline Menlo's dedication ceremony here today. "Our long-term lease for this
facility with our real estate partner, Mapletree Logistics Trust, is another
demonstration of Menlo's commitment to the Singapore market, not only in wine
and spirits, but also in distribution capacity for automotive, consumer
electronics and apparel, aerospace and industrial. We are investing to grow
with our customers."

Menlo is a leading global provider of logistics, transportation management and
supply chain services with operations on five continents. Established in
Singapore over a decade ago, the company's services range from dedicated
contract logistics to warehousing, distribution and transportation management;
supply chain engineering and other value-added services across multiple
industries.

Representing a capital investment of S$127 million by Mapletree Logistics
Trust (MLT), the new distribution centre with a gross floor area of 92,500
square meters features specialized warehousing capabilities for servicing the
global wine and spirits industry. It also supports the warehousing and
logistics requirements of various clients engaged in a variety of other
industries for which Singapore is a growing market. The facility has been
awarded the prestigious Building and Construction Authority's Green Mark
Platinum Award, the highest certification for sustainable buildings in
Singapore.

The Benoi facility elevates Menlo to be the largest tenant of MLT, with leased
warehouse space across seven properties in Singapore, Malaysia, Hong Kong and
China, noted Ms. Ng Kiat, Chief Executive Officer of Mapletree Logistics Trust
Management Ltd, the manager of MLT.

"We have been working with Menlo, our valued customer, over the last nine
years to support its continued growth across Asia. Menlo's commitment to this
project and our growing relationship underscore MLT's position as a preferred
partner of choice for customers seeking quality logistics real estate
solutions in the region. We look forward to strengthening this partnership
further as Menlo continues on its growth path," said Ms. Ng. "This
redevelopment project has transformed Benoi Logistics Hub from an old,
single-story warehouse into a modern, five-story ramp-up facility with
significantly improved efficiency and capabilities. We will continue to look
out for asset enhancement or redevelopment opportunities that are aligned with
the expansion needs of our customers like Menlo, while concurrently unlocking
additional value from our portfolio," she added.

"Our customers expect consistent, efficient, high-quality service, and this
new facility, coupled with our commitment to sustainable business practices
and Lean continuous improvement, delivers on that promise," noted Menlo's
Bianco.

"When Pernod Ricard, Asia Pacific Breweries, Bacardi and Tradall, all global
leading wine and spirits distributors, require either secured,
temperature-controlled or ambient warehousing, we can provide that service
along with time-sensitive fulfillment and delivery to Singapore and throughout
the region," Bianco added. "And with the resources and capabilities we now
have at Benoi, we can service our clients faster and more efficiently than
before."

Mr. Bianco also cited the support of Singapore Customs and its promotion of
prudent regulatory policies that protect the country while encouraging free
and open trade. "Initiatives like Singapore Customs' Secure Trade Partnership
program, which provide sensible regulation and a secure environment for trade,
are a major incentive for expansion. It's a key reason why we have continued
to invest and build capacity here," he commented.

"We are delighted to have fostered a close Customs-Business partnership with
Menlo Logistics since 2002," said Mr. Lim Teck Leong, Deputy Director-General,
Compliance and Facilitation, Singapore Customs. "Over the years, Menlo has
participated actively in the various schemes and licences offered by Singapore
Customs to safeguard the integrity and security of the supply chain in
Singapore."

The opening of the new Benoi facility comes on the heels of Menlo's new
Sunview Way distribution centre, which opened in November 2012. Menlo's
existing network of seven facilities is located throughout Singapore with 400
employees and provides dedicated and multi-client inventory and distribution
management. The company services over 200 Singapore businesses and
multi-national companies in sectors such as automotive, high-tech, consumer
goods, industrial, aerospace and wine and spirits distribution. The Benoi
facility will serve as one of Menlo's most advanced warehouses for storage and
distribution, high-value-added services like picking and packing operations,
customized labeling and return management services. More than 100 employees
will support its multi-disciplined operations.

Menlo also operates additional multi-client logistics facilities in Southeast
Asia, as well as China, India, Australia, North America and Europe.

Follow Menlo on Twitter: http://twitter.com/MenloLogistics.

Menlo Worldwide Logistics images are available at
www.con-way.com/en/about_con_way/newsroom.

About Menlo Logistics

Menlo Logistics, LLC, is a US$1.5 billion global provider of logistics,
transportation management and supply chain services with operations in five
continents, including North America. As a third-party logistics provider, San
Francisco, California-based Menlo Logistics' services range from dedicated
contract logistics to warehouse and distribution management, transportation
management, supply chain reengineering and other value-added services
including packaging, kitting, order fulfillment and light assembly through a
strategic network of multi-client and dedicated facilities. With nearly 20
million square feet of dedicated warehouse space in North America, the Asia
Pacific, Europe and Latin America, and industry-leading technologies, Menlo
Logistics creates effective, integrated solutions for the transportation and
distribution needs of leading businesses around the world.

Menlo Logistics, LLC, is a subsidiary of Con-way Inc. (NYSE: CNW), a $5.5
billion diversified freight transportation and logistics company. For more
information, please visit us on the Web at
http://www.con-way.com/en/logistics.

Logo - http://photos.prnewswire.com/prnh/20130313/MM76898LOGO

SOURCE Menlo Logistics

Website: http://www.con-way.com/en/logistics
Contact: Gary Frantz, Menlo Logistics, +1 (415) 819-6013,
frantz.gary@con-way.com; Toby Ingram, Helix Media, (65) 9176-4273,
toby.ingram@helixmedia.asia; Amber Caron, Kemp Goldberg, +1 (207) 773-0700,
acaron@kempgoldberg.com
 
Press spacebar to pause and continue. Press esc to stop.