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Con-Way Submit Your DAC Report On This Trucking Company.

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Old 01.26.2009
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Con-way posts Q4 loss, announces '09 pay freeze

UPDATE 1-Con-way posts Q4 loss, announces '09 pay freeze
1/26/09
Quote:
* Reports Q4 loss from continuing ops of shr $1.09
* Ex-charges, earnings from continuing ops of 10 cts shr
*Business volumes fell at "unprecedented rate"

CHICAGO, Jan 26 (Reuters) - Trucking and logistics company Con-way Inc. on Monday reported a loss, citing restructuring and other charges and a steep decline in demand for its freight services.
The company also suspended its full-year earnings outlook and had taken a number of steps to cut costs, including a pay freeze for management and administrative employees for 2009.
http://www.reuters.com/article/rbssI...39029220090126
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Old 01.26.2009
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Now that is BAD!
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