Press Releases

Investors - Patrick Fossenier (650) 378-5353
fossenier.patrick@cnf.com
Press - Gary Frantz (650) 378-5200
frantz.gary@cnf.com

CNF Inc. Declares Quarterly Dividend on Common Stock

SAN MATEO, CA - January 24, 2006

The Board of Directors of CNF Inc. (NYSE:CNF) yesterday declared a cash dividend of 10 cents per share on the company's common stock. The dividend is payable March 14, 2006 to shareholders of record February 14, 2006.

CNF is a $4.2 billion freight transportation, logistics and supply chain services company with businesses in LTL motor carriage, air freight and ocean forwarding, logistics, supply chain services, warehousing and trailer manufacturing.

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