Con-Way Imposing 2% Insurance Surcharge
Con-Way Transportation Services Inc., a subsidiary of CNF Inc. will begin applying a surcharge of 2% to all shipments moving in its less-than-truckload (LTL) operations beginning Jan. 1, 2004
Con-Way Transportation Services Inc., a subsidiary of CNF Inc. will begin applying a surcharge of 2% to all shipments moving in its less-than-truckload (LTL) operations beginning Jan. 1, 2004.
The Con-Way operating companies affected will be Con-Way Central Express, Con-Way Southern Express, Con-Way Western Express and Con-Way Canada Express. The surcharge will be applied against the net (after discount) linehaul charges.
"Health insurance costs are now at crisis proportions," said Gerald L. Detter, president and chief executive officer of Con-Way. "This surcharge will only cover a small portion of the overall cost increase we're experiencing in health care benefits and other insurance expenses. We're a service industry and people costs are the largest proportion of our expenses. The continuing rapid rise of these costs and its effect on our company and on our industry can't be ignored any longer."
The company said it recognized that all industries are facing hard decisions on insurance costs -- especially health care insurance costs. Since labor, health care and other employee welfare expenses are such a large proportion of a motor carrier's operating expense, the financial consequences to Con-Way and other motor carriers must be addressed.
Con-Way will begin assessing all its employees 1% of their salary for health care costs beginning Jan. 1, 2004. In addition, a number of co-pay fees to doctors and hospitals have been increased. This is the first time employees have been required to contribute a portion of their pay (other than co-pays) to support the cost of health care, said the company.
The 2% insurance surcharge will be applied to each shipment's net linehaul charges and appear on the invoice as a separate line and charge.
Further information about Con-Way is available via the Internet at www.con-way.com.
More Drivers
How Top Trucking Fleets Improve Driver Retention [Video]
What do healthy snacks, optimized routing, and just picking up the phone have in common? They're all strategies the Best Fleets to Drive For are using to retain truck drivers.
Read More →
Trucker Path Adds Verisk CargoNet Theft Data to Navigation Platform
Trucker Path’s new cargo theft risk overlays give drivers and fleets visibility into high-risk areas, stolen commodity trends, and theft hotspots.
Read More →
Netradyne Intelligence Uses New AI Agents to Automate Response to In-Cab Camera Data
The company called the next-generation in-cab camera safety platform "a fundamental shift from systems that report on what happened to systems that actively drive what should happen next."
Read More →
Why Truck Detention Keeps Costing Fleets Time and Money
A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.
Read More →
Prime Inc. to Open $7.9M Flagship Used-Truck Dealership
A new driver-focused facility to sell Prime Inc's used trucks and trailers will be the first purpose-built location in the company's history.
Read More →Short Takes: Inside K&B’s Truck Safety Tech
Listen to learn how K&B Transportation uses cellphone-blocking technology, speed management systems, weather geofencing, bridge avoidance tools, and more to improve driver safety.
Read More →
Nussbaum Expands Driver Compensation with Pay Raises, Profit Sharing
Nussbaum Transportation said its latest compensation package could push first-year driver earnings above $90,000 in key hiring markets.
Read More →Listen: Inside Modern Fleet Safety: AI, Cameras & Speed Control at K&B Transportation
Fleet safety is evolving fast—and technology is at the center of it. Learn how a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.
Read More →
Maverick Announces 2026 Driver Pay Raises
New raises for Maverick Transportation drivers will take effect on May 31, 2026.
Read More →
Illinois Trucker Indicted for Nearly $22,000 in Ohio Turnpike Toll Evasion
Authorities say an Illinois trucker avoided paying tolls for two years, and now faces felony charges, possible prison time, and forfeiture of his Freightliner tractor.
Read More →
