Press Releases
Con-way Freight Receives Multiple Honors At American Trucking Associations Management Conference
Oct. 31, 2006 - Con-way Freight (CWF), the less-than-truckload operating company of Con-way Inc. (NYSE: CNW) has been recognized for its safety performance, individual employee achievements and contributions to the trucking industry. The honors came at the annual Management Conference and Exhibition of the American Trucking Associations (ATA) held earlier this week in Dallas, TX.
Con-way Chief Financial Officer To Address Stephens Conference
Oct. 26, 2006 - Kevin C. Schick, senior vice president and chief financial officer of Con-way Inc. (NYSE: CNW), will make a presentation on November 2 at the Stephens Logistics & Transportation Conference in New York City. The presentation will begin at approximately 8:00 a.m. Eastern Standard Time.
Con-way Inc. Reports Third-Quarter 2006 Results
Oct. 17, 2006 - Con-way Inc. (NYSE:CNW) today reported net income from continuing operations for the third quarter of 2006 of $63.0 million (after preferred stock dividends), or $1.24 per diluted share. The results compare to third-quarter 2005 net income from continuing operations (after preferred stock dividends) of $63.2 million, or $1.13 per diluted share. Third quarter earnings per diluted share in 2006 increased 9.7 percent over the 2005 period due to the accretive effect (11 cents per diluted share) of the company’s share repurchase program.
Con-way Inc. Announces Changes to Employee Pension Program
Oct. 17, 2006 - Con-way Inc. (NYSE:CNW) announced today that its Board of Directors has approved changes to the company’s pension and retirement benefits programs. The changes are intended to preserve and protect the retirement benefits earned by existing employees under the company’s defined benefit pension plan, while introducing an expanded defined contribution plan that will provide additional company funds for employee 401(k) savings accounts, and a larger company match on employee 401(k) contributions.