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Con-way Inc.

Con-way Freight Rates Heading Higher

Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.

Con-way Truckload Raising Driver Pay

Con-way Truckload has announced the rollout of an enhanced driver compensation package that raises per-mile pay, effective Sept. 7 for both company drivers and independent contractors.

Con-Way Reports Record Net Income in Second Quarter

Trucking company and logistics parent Con-way Inc. has reported second-quarter net income of $53.7 million, or 93 cents per diluted share. This compares to second-quarter 2013 net income of $42.9 million, or 75 cents per diluted share.

Con-way Income Falls 7.9%

Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.

Former Con-Way Executive Named to Covenant Transport Board

Former Con-Way executive Herbert “Herb” Schmidt has been elected to Covenant Transportation Group’s board of directors. Schmidt, age 57, served as the executive vice president of Con-Way Inc. and president of Con-way Truckload from 2007 to 2012.

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