UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
July 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))
ITEM 8.01 OTHER EVENTS
In 2002, Emery Worldwide Airlines, Inc. ("EWA"), Menlo Worldwide Forwarding,
Inc. ("MWF")(Con-way Inc.'s former air freight forwarding subsidiary), and
Con-way Inc. were named as defendants in a lawsuit filed in state court in
California by approximately 140 former EWA pilots and crew members. The
lawsuit alleged wrongful termination in connection with the termination of
EWA's air carrier operations in 2001, and sought $500 million and certain
other unspecified damages. On June 30, 2006, EWA, MWF and Con-way Inc.
concluded a final settlement with all plaintiffs not previously dismissed in
the lawsuit. Under the terms of the settlement, plaintiffs received a cash
payment of $9.2 million, and the lawsuit was dismissed with prejudice. Con-
way believes that the cash settlement reduces by an equal amount its
estimated loss reserve applicable to grievances filed by the Air Line Pilots
Association ("ALPA") and/or its members protesting the cessation of EWA's air
carrier operations, that are currently the subject of litigation.
Accordingly, the settlement does not require Con-way to recognize any
additional loss.
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)
July 5, 2006 /s/ Jennifer W. Pileggi
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Jennifer W. Pileggi
Senior Vice President,
General Counsel & Secretary