Con-way Settles CF Pension Claim
A $319 million claim against Con-way arising from the bankruptcy of Consolidated Freightways Corp. and its withdrawal from the Central States pension fund was settled for $8 million.
In August 2008, Outsourced Logistics reported that the Central States pension fund had assessed a $319 million withdrawal liability against CF and had contacted Con-way and asked to discuss the matter.
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© 2012 Penton Media Inc.
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