Press Releases

Con-way Inc. Revises Annual Guidance for 2007

June 28, 2007 - Con-way Inc. (NYSE:CNW) today announced that earnings in 2007 from continuing operations are expected to be between $3.25 and $3.45 per diluted share. The revised guidance includes a charge to second quarter earnings of 10 cents per diluted share for costs related to an award from litigation of a vehicular casualty claim.

Con-way Inc. Board Declares Quarterly Dividend On Common Stock

June 26, 2007 - 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 September 14, 2007 to shareholders of record on August 14, 2007.

Con-way Inc. Advances Employee Professional Growth and Development with the Con-way Leadership Academy

June 26, 2007 - Con-way Inc. (NYSE:CNW) announced today the launch of the Con-way Leadership Academy — a corporate initiative designed to accelerate and deepen formalized employee training and professional skills development throughout the enterprise.

Menlo Worldwide, LLC to Acquire Southeast Asia 3PL Cougar Holdings Pte Ltd and its Primary Subsidiary Cougar Express Logistics Pte Ltd

June 07, 2007 - Cougar Logistics Corporation Ltd., (SGX: MAINBOARD) which owns logistics operations in Singapore and Southeast Asia, and Menlo Worldwide, LLC, the global logistics subsidiary of Con-way Inc. (NYSE: CNW) announced today they had signed a definitive agreement whereby Menlo will purchase Cougar Holdings Pte Ltd., and its primary subsidiary, Cougar Express Logistics, in a transaction valued at US$33.9 million. The purchase price includes a $28.2 million cash payment to Cougar and the assumption of $5.7 million in debt.

New Solutions for Speeding Goods to Market from China Revealed at Savannah Trade and Logistics Conference

June 04, 2007 - New hybrid transportation networks that link up logistics operations in Asia, ocean container shipping and day-definite, rapid-response, domestic U.S. freight delivery systems are shrinking global supply cycles and bringing goods to market with unprecedented speed and reliability, helping businesses gain market share while creating hard-dollar savings in the “delivered” cost of product.

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