Con-way Inc. Kicks Off 2008 Scholarship Program

Grants Will Help Accomplished Children of Employees Meet Educational Goals

SAN MATEO, Calif. - Dec. 10, 2007 - Con-way Inc. (NYSE: CNW) today announced
the kickoff of its annual scholarship program for children of company
employees. Now entering its 17th year, the Con-way Scholarship Program is
open to U.S. high school graduates and continuing college students with a
parent employed for at least three years by Con-way or its major operating
companies - Con-way Freight, Menlo Worldwide Logistics and CFI, a Con-way
company.

Entries must be postmarked by Feb. 15, 2008, and students selected are
traditionally notified in April. Employees may obtain applications from
their local human resources office or online at
www.con-way.com/scholarships.

"Providing assistance to our employees' outstanding college-bound children
is one of the most rewarding initiatives we support," said Douglas W.
Stotlar, CEO of Con-way. "Helping the best and brightest young people in the
larger Con-way family fulfill their educational aspirations fits perfectly
with our core values of excellence and commitment."

Last year, the company awarded 45 new scholarships and renewed 99 more,
ultimately funding grants of over $60,000 in total toward college costs.
Since the inception of the program, Con-way has awarded more than $2.7
million in grants to nearly 900 students.

Scholarships may be renewed for up to three years or until the completion of
a bachelor's degree. The program is administered and winners are selected by
Scholarship America, a national nonprofit student aid service organization.

About Con-way Inc.
Con-way Inc. (NYSE:CNW) is a $4.7 billion freight transportation and
logistics services company headquartered in San Mateo, Calif. Named FORTUNE
magazine's "Most Admired Company" in transportation and logistics for 2007,
Con-way delivers industry-leading services through three primary operating
companies: Con-way Freight, CFI and Con-way Truckload Services and Menlo
Worldwide. These operating units provide high-performance, day-definite
less-than-truckload (LTL) and full truckload and intermodal freight
transportation, as well as logistics, warehousing and supply chain
management services, and trailer manufacturing. Con-way Inc. and its
subsidiaries operate from more than 500 locations across five continents,
including North America. For more information about Con-way, visit
www.con-way.com.

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Media contacts:
Con-way Inc.
Jayme Kunz
(650) 378-5418
kunz.jayme@con-way.com

KempGoldberg
Belinda Donovan/Amber Caouette
(207) 773-0700
bdonovan@kempgoldberg.com
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