Con-way Freight Announces Results of Union Representation Elections in Southern California

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Oct 24, 2014, 03:13 ET

ANN ARBOR, Mich., Oct. 24, 2014 /PRNewswire/ -- Yesterday, union representation elections were conducted by the National Labor Relations Board at three Con-way Freight locations in Southern California. As a result of these elections, employees in Santa Fe Springs and San Fernando Valley voted against representation by the Teamsters Union and demonstrated their desire to remain union-free. In downtown Los Angeles, a very narrow majority of employees voted in favor of union representation.

"We were gratified that our employees in Santa Fe Springs and San Fernando Valley, after hearing all the facts, chose to maintain their union-free status and voted to reject the union. We continue to believe that our company can best meet the needs of our employees by maintaining an open, respectful and direct relationship with our employees, without the interference of a union," said Greg Lehmkuhl, president of Con-way Freight. "Working together, we can continue to deliver best-in-class service and value to our customers, ensuring a bright future for Con-way Freight and all of its employees."

Lehmkuhl added that the company was disappointed with the results of the election in downtown Los Angeles, and is currently investigating whether any unlawful or other conduct occurred that may have interfered with the employees' right to make a free and uncoerced decision in the election.

"These elections have no effect on other locations of Con-way Freight and will not affect the company's overall ability to continue delivering reliable, high-quality service to our customers," Lehmkuhl said.

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 425 service locations serving the United States, Canada, Mexico and Puerto Rico. Con-way Freight offers LTL freight transportation across North America and through Global LTL™ 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; 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 $5.5 billion diversified freight transportation and logistics services company. For more information, visit www.con-way.com/en/freight.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release constitute "forward-looking statements" and are subject to a number of risks and uncertainties and should not be relied upon as predictions of future events. All statements other than statements of historical fact are forward-looking statements, including: any projections of earnings, revenues, weight, yield, volumes, income or other financial or operating items, all statements of the plans, strategies, expectations or objectives of Con-way's management for future operations or other future items, any statements concerning proposed new products or services, any statements regarding Con-way's estimated future contributions to pension plans, any statements regarding the payment of future dividends, any statements as to the adequacy of reserves, any statements regarding the outcome of any legal and other claims and proceedings that may be brought by or against Con-way, any statements regarding future economic conditions or performance, any statements regarding strategic acquisitions, any statements of estimates or belief, and any statements or assumptions underlying the foregoing. Specific factors that could cause actual results and other matters to differ materially from those discussed in such forward-looking statements include: changes in general business and economic conditions, increasing competition and pricing pressure, the creditworthiness of Con-way's customers and their ability to pay for services rendered, changes in fuel prices or fuel surcharges, the possibility that Con-way may, from time to time, be required to record impairment charges for goodwill, intangible assets and other long-lived assets, the possibility of defaults under Con-way's revolving credit agreement and other debt instruments (including without limitation defaults resulting from unusual charges), uncertainty in the credit markets, including the effect on Con-way's ability to refinance indebtedness as and when it becomes due, labor matters, enforcement of and changes in governmental regulations or legislation which potentially could result in an adverse impact on the company, environmental and tax matters, and matters relating to Con-way's defined benefit pension plans, including the effect on the plans of changes in discount rates and in the value of plan assets. The factors included herein and in Item 1A of Con-way's 2013 Annual Report on Form 10-K as well as other filings with the Securities and Exchange Commission could cause actual results and other matters to differ materially from those in such forward-looking statements. As a result, no assurance can be given as to future financial condition, cash flows, or results of operations. Any forward-looking statements speak as of October 24, 2014 and are subject to change. Con-way does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

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SOURCE Con-way Freight