-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AYEltMygEdyp189JKLxNdc9q0qzBql6dFMl8XARAQTqhg3kiSK6Y19oFZthoboVo kpSjxaaC9+2pw7CCEDuuPQ== 0000023675-08-000002.txt : 20080321 0000023675-08-000002.hdr.sgml : 20080321 20080110161653 ACCESSION NUMBER: 0000023675-08-000002 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Con-way Inc. CENTRAL INDEX KEY: 0000023675 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 941444798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 2855 CAMPUS DRIVE CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 6504942900 MAIL ADDRESS: STREET 1: 1717 NW 21ST AVE CITY: PORTLAND STATE: OR ZIP: 97209 FORMER COMPANY: FORMER CONFORMED NAME: CNF INC DATE OF NAME CHANGE: 20010510 FORMER COMPANY: FORMER CONFORMED NAME: CNF TRANSPORTATION INC DATE OF NAME CHANGE: 19970509 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED FREIGHTWAYS INC DATE OF NAME CHANGE: 19920703 CORRESP 1 filename1.txt JENNIFER W. PILEGGI CON-WAY INC. 2855 CAMPUS DRIVE, SUITE 300 SAN MATEO, CA 94403 650-378-5200 January 10, 2008 VIA EDGAR Daniel Morris Attorney Advisor Division of Corporation Finance Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549-3561 RE: Con-way Inc. Definitive Proxy Statement on Schedule 14A Filed on March 9, 2007 File No. 001-05046 Dear Mr. Morris: Con-way Inc. (the "Company") is submitting this supplemental letter in response to the written comments of the staff (the "Staff") of the Securities and Exchange Commission (the "Commission") contained in your letter dated December 10, 2007 (the "Comment Letter"), with respect to the Definitive Proxy Statement on Schedule 14A filed by the Company with the Commission on March 9, 2007 (File No. 001-05046) (the "Proxy Statement"). This letter responds to comment 3 of the Comment Letter. For the convenience of the Staff, comment 3 from the Comment Letter is restated in bold italics prior to the Company's response. Capitalized terms used but not defined in this letter have the meanings given to those terms in the Proxy Statement. 3. You have not disclosed all of the necessary targets to be achieved in order for your executive officers to earn their incentive compensation. While we note your response to prior comment 6, causal connection between the disclosure of all performance targets and any competitive harm is not clear. If you believe that certain of your performance targets may be omitted due to the risk of competitive harm, please provide additional detailed analysis in support of this conclusion. We request that you address, with greater specificity, how the disclosure of performance targets might be expected to affect the particular business decisions of your competitors and, in so doing, place you at a competitive disadvantage. Refer to Instruction 4 of Item 402(b) of Regulation S-K. Please refer to prior comment 6 for additional guidance, as appropriate. RESPONSE: In its 2008 proxy statement the Company agrees to disclose all performance targets in accordance with Item 402(b) of Regulation S- K. In subsequent filings, the Company will disclose all performance targets in accordance with Item 402(b) of Regulation S-K unless, as to any performance targets adopted after the date of this letter, the Company has previously provided to the Staff an analysis acceptable to the Staff articulating with specificity how the disclosure of such performance targets might be expected to place us at a competitive disadvantage. The undertaking in the prior sentence shall not be deemed to constitute a waiver of the Company's rights under the federal securities laws, the rules of the Commission or otherwise. * * * If you have any questions or comments regarding the foregoing or need any additional information, please contact the undersigned at (650) 378-5326. Very truly yours, /s/ Jennifer W. Pileggi Jennifer W. Pileggi Senior Vice President, General Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----