---

CON-WAY L-T-L Components Announce Rate Increase

18 August 1999

CON-WAY L-T-L Components Announce Rate Increase; All Rates and Charges Will Increase by 5.7% Effective October 4, 1999

    ANN ARBOR, Mich.--Aug. 17, 1999--Con-Way Transportation Services announced today that its less-than-truckload (LTL) operating components, Con-Way Western Express, Con-Way Central Express and Con-Way Southern Express, will increase their rates and charges by 5.7 percent effective Monday, Oct. 4, 1999. The rate increase will effect the rates and charges in the CON-WAY linehaul Tariff CNWY-599, and the Rules and Accessorial Services Tariff CNWY-199.
    Con-Way Transportation Services is a $1.7-billion transportation company based in Ann Arbor MI. that provides time-definite and day-definite freight delivery 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 and Con-Way Western Express; Con-Way Truckload Services, providing multi-modal, full-truckload shipping; Con-Way NOW, an expedited carrier specializing in emergency shipment service; and Con-Way Integrated Services, a contract supply chain execution service provider.
    CON-WAY is a subsidiary of Palo Alto, Calif.-based CNF Transportation Inc., a $5-billion diversified transportation company with operations worldwide.
    Further information about CON-WAY and additional press releases are available via the Internet at www.con-way.com