Thursday, July 19, 2007

Con-way CEO says LTL pricing already bottomed out

(Reuters) - CHICAGO, July 19 - Trucking company Con-way Inc. does not expect prices to fall further in the less-than-truckload market during the remainder of 2007, the company's top executive said on Thursday.



"We're not expecting further deterioration at this point," Chief Executive Doug Stotlar said in a phone interview. "The weak pricing environment will have an impact on our yields."


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