UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 5, 2006
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Date of Report (Date of earliest event reported)
Con-way Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-5046 94-1444798
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation or Number)
organization)
2855 Campus Drive, Suite 300, San Mateo, California 94403
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(Address of principal executive offices)
(zip code)
Registrant's telephone number, including area code:
(650) 378-5200
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant
under any of the following provisions (see General Instruction A.2
below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
EXPLANATORY NOTE
This Form 8-K/A is being filed in order to correct an error in the
transmission of the Report on Form 8-K of Con-way Inc. originally filed on
June 5, 2006, whereby the cover page and signature block were not
properly included with the report. It is intended to amend and replace the
aforementioned 8-K filing in its entirety.
Item 2.05 Costs Associated with Exit or Disposal Activities
Con-way Global Solutions, Inc., ("CGS"), a wholly-owned subsidiary of
Con-way Inc. (the "Company"), operated an air freight forwarding
business under the name "Con-way Forwarding." After reviewing the
competitive position and prospects of CGS, on June 2, 2006 the Board
of Directors of CGS authorized management to discontinue CGS's
operations, effective immediately. On that date, CGS notified
substantially all of its approximately 115 employees that their
employment was terminated effective immediately. A small number of
employees were retained in order to oversee the wind-down of CGS's
affairs.
The Company expects to take a charge of approximately $8 million in
connection with CGS's discontinuation of operations, reflecting
primarily the write-off of certain non-transferable assets, severance
costs and lease loss.
A copy of the Company's press release announcing the discontinuation
of operations is attached hereto as Exhibit 99.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Description
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99 Press Release date June 5, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
Con-way Inc.
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(Registrant)
June 5, 2006 /s/ Jennifer W. Pileggi
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Jennifer W. Pileggi
Senior Vice President,
General Counsel & Secretary