Yellow | Con-way Says Using ‘Aggressive’ Pricing

[Jay C]

Discounting seen as diluting benefits of additional tonnage gains

Less-than-truckload carrier says it moved toward "more aggressive" price discounting in the third quarter than it normally uses and started hiring back workers to cope with tonnage gains.

The nation's third-largest LTL carrier — which went through layoffs and ... came at the expense of competitors, including troubled LTL giant YRC Worldwide. ...

Con-way Uses ‘Aggressive’ Pricing | Journal of Commerce

this was a big factor in CF's demise

 

[COLKID]

Con-way Uses ‘Aggressive’ Pricing | Journal of Commerce

this was a big factor in CF's demise

The only reason CF did this was so they could close the doors faster. Not sure how many Cf mgt. swam to the non union CF at the end though.