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Con-Way withdraws proposed insurance surcharge

ANN ARBOR, Mich. -- Con-Way Transportation Services (Con-Way), a subsidiary of CNF Inc., has withdrawn its proposed...


ANN ARBOR, Mich. — Con-Way Transportation Services (Con-Way), a subsidiary of CNF Inc., has withdrawn its proposed application of a 2% surcharge intended to recover a portion of its insurance expenses.

The Insurance Surcharge was to have been effective January 1, 2004 and would have affected shipments moving in its LTL companies: Con-Way Central Express, Con-Way Southern Express, Con-Way Western Express and Con-Way Canada Express.

The company said that feedback from its customers indicated they preferred the rising insurance expense be included in the more traditional method of a general rate increase. The company will follow this more traditional route.

No date was announced for the next general rate increase.


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