Con-way's 2012 profits up despite lower 4Q

Road

Thursday, February 07, 2013

The freight transportation and logistics company Con-way on Thursday said it had operating profit of $228.8 million in 2012, a 10.1 percent increase from 2011. Net income for the company, which operates in the less-than-truckload, truckload, and logistics segments, improved 18.2 percent to $104.5 million. The annual results came despite a drop in operating and net profit in the fourth quarter. Revenue for 2012 was $5.6 billion, a 5.5 percent increase from 2011. ...

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