Press Releases

Con-way Inc. Kicks Off 2008 Scholarship Program

Grants Will Help Accomplished Children of Employees Meet Educational Goals

SAN MATEO, Calif. - December 10, 2007

Con-way Inc. (NYSE: CNW) today announced the kickoff of its annual scholarship program for children of company employees. Now entering its 17th year, the Con-way Scholarship Program is open to U.S. high school graduates and continuing college students with a parent employed for at least three years by Con-way or its major operating companies — Con-way Freight, Contract Freighters, Inc. (CFI) and Menlo Worldwide Logistics.

Con-way Inc. (NYSE: CNW) today announced the kickoff of its annual scholarship program for children of company employees. Now entering its 17th year, the Con-way Scholarship Program is open to U.S. high school graduates and continuing college students with a parent employed for at least three years by Con-way or its major operating companies — Con-way Freight, Contract Freighters, Inc. (CFI) and Menlo Worldwide Logistics.

Entries must be postmarked by Feb. 15, 2008, and students selected are traditionally notified in April. Employees may obtain applications from their local human resources office or online at www.con-way.com/scholarships.

“Providing assistance to our employees’ outstanding college-bound children is one of the most rewarding initiatives we support,” said Douglas W. Stotlar, CEO of Con-way. “Helping the best and brightest young people in the larger Con-way family fulfill their educational aspirations fits perfectly with our core values of excellence and commitment.”

Last year, the company awarded 45 new scholarships and renewed 99 more, ultimately funding grants of over $60,000 in total toward college costs. Since the inception of the program, Con-way has awarded more than $2.7 million in grants to nearly 900 students.

Scholarships may be renewed for up to three years or until the completion of a bachelor’s degree. The program is administered and winners are selected by Scholarship America, a national nonprofit student aid service organization.

About Con-way Inc.
Con-way Inc. (NYSE:CNW) is a $4.7 billion freight transportation and logistics services company headquartered in San Mateo, Calif. Named FORTUNE magazine’s “Most Admired Company” in transportation and logistics for 2007, Con-way delivers industry-leading services through three primary operating companies: Con-way Freight, CFI and Con-way Truckload Services, and Menlo Worldwide Logistics. These operating units provide high-performance, day-definite less-than-truckload (LTL) and full truckload and intermodal freight transportation, as well as logistics, warehousing and supply chain management services, and trailer manufacturing. Con-way Inc. and its subsidiaries operate from more than 500 locations across five continents, including North America. For more information about Con-way, visit www.con-way.com.