April 30, 2009 - Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc. (NYSE: CNW), today announced that it has been selected by Dana México Corporacion S. de R.L. de C.V., the Mexico-based operations of Dana Holding Corporation (NYSE: DAN), to provide transportation management services.
April 28, 2009 - The Board of Directors of Con-way Inc. (NYSE: CNW) today declared a cash dividend of 10 cents per share on the company's common stock. The dividend is payable June 12, 2009 to shareholders of record on May 15, 2009.
April 23, 2009 - Con-way Inc. (NYSE:CNW) today reported a net loss to common shareholders for the first quarter of 2009 of $154.0 million ($3.35 per share), which included a goodwill impairment charge of $134.8 million ($2.93 per share). Excluding the impairment charge, and on a non-GAAP basis, Con-way's first-quarter 2009 net loss to common shareholders was $19.2 million (42 cents per share). The results compared to first-quarter 2008 net income to common shareholders of $22.5 million (47 cents per diluted share).
April 15, 2009 - Menlo Worldwide Logistics, LLC, the third-party logistics (3PL) subsidiary of Con-way Inc. (NYSE: CNW), has launched an integrated transportation planning, optimization and management program for Bayer MaterialScience, LLC (BMS) designed to improve performance and variablize costs for the NAFTA transportation operations.
April 07, 2009 - Con-way Inc. (NYSE:CNW) today announced its new Consolidation and Distribution service for shippers and consignees. The solution leverages the knowledge, resources and expertise of three of the company’s operating units, Con-way Truckload, Con-way Freight and Con-way Multimodal, to bring shippers reduced transit times and lower total delivered cost of goods. With Consolidation and Distribution, customers benefit from the company’s asset- and non-asset-based operations, which can be tailored and integrated in any combination — from a single source.
April 02, 2009 - TNT and Con-way Freight (NYSE:CNW) today announced the start of a commercial alliance that provides a door-to-door road/air/road solution for heavier, expedited intercontinental shipments between Europe and the United States.