Con-Way Inc. Beats Lowered Q3 Earnings Estimates (CNW)
Posted on October 23, 2008 at 10:59 AM EDT
Trucking company Con-Way Inc. (CNW) reported a quarterly net profit on Wednesday that beat recently-reduced estimates. The company is part of an industry has been hit hard by weak freight volumes and a highly competitive pricing environment. The collapse of the housing market, weakening retail and auto sales, plus the overall weakening of the U.S. economy [...]