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Con-way Ranked No. 1 in Transportation and Logistics on Fortune's 2007 List of "America's Most Admired Companies"
SAN MATEO, Calif. - March 08, 2007
Con-way Inc. (NYSE:CNW) announced today that it was named the most admired company in the transportation and logistics industry on FORTUNE's 2007 list of "America's Most Admired Companies."
“This is an exceptional honor for our enterprise,” said Douglas W. Stotlar, Con-way president and CEO. “At the end of the day, our employees are the backbone of what we do for our customers and our reputation as a quality company. We have great franchises in freight transportation and logistics. Being recognized as FORTUNE’S most admired company in these industries is a true testament to the integrity and dedication of Con-way people, and their daily commitment to and demonstration of our core values, in North America and around the world.”
The list and related stories were published in the March 19th issue and is currently available online at www.fortune.com.
The Most Admired list is the definitive report card on corporate reputations. FORTUNE’S survey partners at Hay Group started with the FORTUNE 1,000—the 1,000 largest U.S. companies ranked by revenue—and the top foreign ones operating in the U.S. Hay sorted them by industry and selected the ten largest in each. To create the 63 industry lists, Hay asked executives, directors, and analysts to rate companies in their own industry on eight criteria, from investment value to social responsibility. Only the best are listed: A company’s score must rank in the top half of its industry survey.
To create the top 20, an overall list of Most Admired Companies, Hay Group asked the 3,322 executives, directors, and securities analysts who had responded to the industry surveys to select the ten companies they admired. They chose from a list of companies that ranked in the top 25% in last year’s survey, plus those that finished in the top 20% of their industry. A total of 616 companies in 68 industries were surveyed.Con-way Inc. (NYSE:CNW) is a $ 4.2 billion freight transportation and logistics company with businesses in less-than-truckload and full truckload freight services, brokerage, logistics, warehousing, supply chain management and trailer manufacturing. The company and its subsidiaries operate across North America and in 20 countries. Further information about Con-way Inc. and additional press releases are available via the Internet at....www.con-way.com.
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