Con-Way NOW Announces New Service Product; Offers Expedited Service Levels for Dedicated Truckload Shipments

    ANN ARBOR, Mich.--Feb. 27, 2001--Con-Way NOW, the air and ground expedited delivery unit of Con-Way Transportation Services (CON-WAY), has announced the addition of a new dedicated service featuring expedited service levels for truckload quantity shippers.
    "We've taken the Con-Way NOW business model of asset-light use of independent business owners, and high technology for shipment management and applied the model to repetitive, dedicated truckload-type moves. The results have been a higher level of service and a very competitive cost for shippers," said J. Edwin Conaway, president and chief executive officer of Con-Way NOW. Since late last year the company has been marketing and testing one way and roundtrip services in a variety of equipment configurations from 53-foot tractor-trailers to 24-foot straight trucks. "Our satellite tracking technology allows us to monitor these dedicated shipments the same way we do expedited loads and offer customers time- definite delivery. We even call the customers within 15 minutes of pickup and at each stop," added Conaway. "What differentiates our services from other carriers is our ability to apply the management disciplines of expedited shipping and state of the art technology to support full truckload shipments."
    Conaway sees great potential for the new service. "As we add more business we are building a database in our computer that eventually will allow us to match loads, routes and drivers on a daily, scheduled basis," he said.
    Established in 1996, Con-Way NOW is a nationwide provider of air and ground expedited freight services. The company is an operating unit of Con-Way Transportation Services, a $2.1 billion transportation and services company that provides time-definite and day-definite freight delivery, logistics, and e-commerce consulting services for commercial and industrial businesses. Within the CON-WAY family are regional less-than-truckload carriers Con-Way Central Express, Con-Way Southern Express, Con-Way Canada Express and Con-Way Western Express; Con-Way NOW, an expedited carrier specializing in emergency shipment service; Con-Way Integrated Services, a contract supply chain execution service provider; and Con-Way Business Solutions, a consulting service providing supply chain management and Internet solutions.

    CON-WAY is a subsidiary of Palo Alto, California-based CNF , a $5.6 billion management company of global supply chain services with businesses in regional trucking, air freight, ocean freight, customs brokerage, global logistics management and trailer manufacturing.

    Further information about CON-WAY and additional press releases are available via the Internet at... www.con-way.com