Con-way Inc. : Con-way Freight Named Walmart's 2011 National LTL Carrier of the Year

Retailer Honors Company with Prestigious Award for Third Time in Five Years

ANN ARBOR, Mich. - January 10, 2012

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. (NYSE:CNW), today announced that it has been named by Walmart as its 2011 National LTL Carrier of the Year.

Walmart presented the award to Con-way Freight last month at its carrier conference at the company's Home Office in Bentonville, Ark. following an annual performance evaluation of its trucking and logistics service providers. It's the third time in five years Con-way Freight has been recognized as Walmart's top-performing national LTL carrier. The company also won the award in 2005, 2007 and 2008.

Con-way earned the honor based on an evaluation of key performance criteria including daily on-time delivery performance, market coverage, transit times, claims prevention, effective communication and ease of doing business and customer service.

"In going above and beyond to exceed expectations and service our customers, Con-way Freight has continuously separated themselves from other carrier partners in the field," said Ken Braunbach, senior director of carrier relations for Walmart, in a letter notifying Con-way Freight of the award. "The company's overall dedication to customer service, operational excellence and the ability to provide creative solutions to complex supply chain opportunities has set the company apart and raised the bar for quality in the industry."

"It's a testament to the expertise and commitment of our team that we've been able to maintain superior performance and service levels for Walmart despite the many challenges of today's marketplace," said Greg Lehmkuhl, president, Con-way Freight. "We thank our employees for their exemplary efforts and are grateful to be honored once again by Walmart as its top-performing LTL carrier. We look forward to continuing this strong, rewarding partnership well into the future."

Walmart launched its carrier award program in 1997 to recognize the outstanding contributions of its transportation providers in categories including truckload, LTL, small package, produce and intermodal.

In addition to recognition as the company's LTL Carrier of the Year, Con-way Freight was also commended in 2005 by Walmart for its leadership in the aftermath of Hurricane Katrina.

About Con-way Freight
Con-way Freight is the industry's leading less-than-truckload (LTL) freight transportation company, providing guaranteed, day-definite regional and transcontinental service with exception-free delivery, on-time service performance and faster transit times through a single, unified network of more than 300 service centers in the United States, Canada, Mexico and Puerto Rico. Con-way Freight offers LTL freight transportation across North America and through Global LTLTM delivery in the United States from around the world. Global solutions include international less-than-container (LCL) ocean shipments from Asia through its OceanGuaranteed® service; U.S. and Europe delivery for inbound and outbound international cargoes through an exclusive alliance with TNT; direct service to more than 30 Bahamian and Caribbean ports through TropicalDirectSM; and domestic offshore transportation to Alaska, Hawaii and Puerto Rico. Based in Ann Arbor, Mich., Con-way Freight is a certified FAST highway carrier and is C-TPAT/PIP, ACE- and CSA-certified.

Con-way Freight is a subsidiary of Con-way Inc. (NYSE:CNW), a $5.0 billion diversified freight transportation and logistics services company. For more information, visit .