8-K

                             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


                            January 19, 2005
- ------------------------------------------------------------------------------
            Date of Report (Date of earliest event reported)


                                CNF Inc.
- ------------------------------------------------------------------------------
         (Exact name of registrant as specified in its charter)


Delaware                       1-5046                      94-1444798
- ----------------          ----------------      -----------------------
(State or other             (Commission               (IRS Employer
jurisdiction                File Number)            Identification No.)
of incorporation)


         3240 Hillview Avenue, Palo Alto, California     94304
      ------------------------------------------------------------
         (Address of principal executive offices)    (Zip Code)


          Registrant's telephone number, including area code:
                             (650) 494-2900

- ------------------------------------------------------------------------------
     (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 5.02 Departure of Directors or Principal Officers; Election of
          Directors; Appointment of Principal Officers.

On January 19, 2005, CNF Inc. issued a press release announcing that Chutta
Ratnathicam, senior vice president and chief financial officer, has informed
the company that he will retire effective March 31, 2005. The company expects to
name a successor before Mr. Ratnathicam's retirement.  A copy of this press
release is filed with this report as Exhibit 99.1 and is incorporated herein by
reference.  The foregoing description of the press release is qualified in its
entirety by reference to such exhibit.



Item 9.01 Financial Statements and Exhibits

(c) Exhibits

    Exhibit No.      Description
    -----------      ----------------------------------------------------------
    99.1             Press release of CNF Inc. dated January 19, 2005,
                     announcing the retirement of Chutta Ratnathicam, senior
                     vice president and chief financial officer, effective
                     March 31, 2005.



                               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.

January 19, 2005

                         CNF Inc.
                         (Registrant)

                         /s/ Jennifer W. Pileggi
                         ---------------------------
                         Jennifer W. Pileggi
                         Senior Vice President, General Counsel,
                         and Secretary

EX-99

 Exhibit 99.1


 CNF

 3240 HILLVIEW AVENUE
 PALO ALTO, CA 94304-1297
 (650) 494-2900                                                  NEWS RELEASE


                                                                   Contacts:

                                                Investors - Patrick Fossenier
                                                               (650) 813-5353

                                                            Media - Jim Allen
                                                               (650) 813-5335


                    CNF CHIEF FINANCIAL OFFICER TO RETIRE

PALO ALTO, Calif. - January 19, 2005 - CNF Inc. (NYSE:CNF) announced today

that Chutta Ratnathicam, senior vice president and chief financial officer,

has informed the company that he will retire effective March 31. The company

expects to name a successor before Ratnathicam's retirement.

     W. Keith Kennedy, chairman of the board of directors and interim chief

executive officer, said Ratnathicam, 57, had a distinguished 28-year career

with the CNF organization.

     "Chutta has been a key individual in the company who has helped maintain

CNF's reputation for financial integrity and credibility during his lengthy

career here," Kennedy said. "In addition to his executive leadership, Chutta

for many years has been one of the most highly regarded and popular managers

in our organization. We wish him much happiness in his retirement."

     Ratnathicam was named SVP and CFO in 1997. In 2000, he was given

additional responsibilities as chief executive officer of Emery Worldwide,

the company's former air freight forwarding business that was recently

divested. He worked in that capacity for 18 months.

     He first joined CNF in 1977 as a corporate auditor with management

experience at public accounting and various industrial firms in the United

States, Asia and Africa. He subsequently advanced through several

increasingly responsible financial positions and, in 1991, he was promoted to

vice president - international for Emery Worldwide, a position he held until

being named CFO in 1997.

     Ratnathicam is a native of Colombo, Sri Lanka and a graduate of the

Royal College in Sri Lanka. He earned an MBA from the University of Portland

and is a graduate of the Columbia University Executive Program in Business

Administration.

     CNF is a $3.7 billion management company of supply chain service

providers. It has businesses in less-than-truckload motor carriage, truckload

carriage, air freight, logistics and supply chain management and trailer

manufacturing.





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