CNF Executive to Address Goldman Sachs Conference.

Business Editors

PALO ALTO, Calif.--(BUSINESS WIRE)--Jan. 29, 2004

Douglas W. Stotlar, Executive Vice President and Chief Operating Officer of Con-Way Transportation Services, a subsidiary of CNF Inc. (NYSE:CNF), will discuss issues of interest to the investment community in a presentation at the Goldman Sachs Transportation Conference. The presentation will begin at approximately 1:20 p.m. Eastern Standard Time on Thursday, Feb. 5, 2004.

Interested parties may listen to the presentation via a live Internet webcast. The audio webcast will be available at www.cnf.com in the investor relations section. To listen to the call, please go to CNF's web site at least fifteen minutes early to register and install any necessary software. Following the live webcast, an Internet replay of the presentation will also be available at the CNF site.

CNF is a $5.1 billion management company of global supply chain services with businesses in regional trucking, air freight, ocean freight, customs brokerage, global logistics management and trailer manufacturing. Con-Way Transportation Services is a $2.2 billion transportation and services company that provides time-definite and day-definite freight delivery services and logistics for commercial and industrial businesses. Within the Con-Way family are regional less-than-truckload carriers Con-Way Central Express, Con-Way Southern Express, Con-Way Western Express, Con-Way Canada Express and Con-Way Mexico Express; Con-Way NOW, an expedited carrier specializing in emergency shipment service; Con-Way Logistics, a contract supply chain execution service provider, Con-Way Air, an airfreight forwarder with service throughout the U.S., Canada and Puerto Rico, and Con-Way Full Load, a truckload brokerage service offered throughout the U.S. and Canada.