Con-way Freight, Big LTLs Steer Into 'Headwinds'

Winter storms, new technology and other expected and unexpected costs may carve $14 million from Con-way Freight's first quarter earnings, but the less-than-truckload trucking company said yield, a measure of pricing, is rising, despite lower tonnage levels. Con-way also reported progress on initiatives designed to improve pricing and optimize its LTL network.
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