SAN MATEO, Calif. - August 24, 2010 - Con-way Inc. (NYSE: CNW) announced that John G. Labrie, president of Con-way Freight, has left the company to pursue other interests. Effective today, Douglas W. Stotlar, president and CEO of parent company Con-way Inc., has assumed the role of interim President of Con-way Freight, the company’s less-than-truckload business unit.
Stotlar expects to serve as Con-way Freight’s interim president for the next six to 12 months, during which time Con-way Freight will focus exclusively on increasing profitability through yield improvement, cost reduction and operating discipline.
“Con-way Freight has built a 27-year reputation as a premium carrier in all respects,” Stotlar said. “The management changes announced today are intended to ensure that we retain this position, and that we deliver to our shareholders, customers and employees the trust, consistent market-leading performance and sustainable value that have been the foundation of our success for nearly three decades.”
About Con-way
Con-way Inc. (NYSE:CNW) is a $4.3 billion freight transportation and logistics services company headquartered in San Mateo, Calif. A diversified transportation company, Con-way delivers industry-leading services through three primary operating companies: Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics. These operating units provide high-performance, day-definite less-than-truckload and full truckload freight transportation, as well as logistics, warehousing, multimodal and supply chain management services, and trailer manufacturing. Con-way Inc. and its subsidiaries operate from more than 500 locations across North America and in 20 countries. For more information about Con-way, visit us on the Web at www.con-way.com.
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