CNF Inc. Reiterates Guidance

Business Wire, Sept 15, 2005

SAN MATEO, Calif. -- In response to inquiries from investors and analysts, CNF Inc. (NYSE:CNF) announced today that it continues to expect third-quarter 2005 diluted earnings per share from continuing operations to be between $1.00 and $1.08 cents. This represents the same earnings expectation provided previously on July 19, 2005.

CNF President and CEO, Douglas W. Stotlar commented, "Despite the challenges presented by Hurricane Katrina, including some difficulty in obtaining fuel and some operational disruption, Con-Way and Menlo Logistics continue to provide industry-leading service with volumes exceeding levels seen during the same period last year, as expected."

Third-quarter financial results will be announced on October 19 after the close of stock market trading and will be discussed during a conference call the following day, October 20, at 11:00 a.m. Eastern Daylight Time. CNF will discuss its expectations for fourth-quarter 2003 earnings at that time. The call can be accessed by dialing (866) 264-3634 or (706) 643-3632 (for international callers.) The conference call will also be available through a live web cast at the investor relations section of the CNF web site at www.cnf.com. An audio replay will be available for two weeks following the call at (800) 642-1687 or (706) 645-9291, access code 9547228. The replay will also be available via webcast.

CNF is a $3.7 billion freight transportation, logistics, supply chain management and trailer manufacturing company.