Grants Will Help Outstanding Children of Company's Employees Pursue Post-Secondary Education
ANN ARBOR, Mich., Aug. 26, 2013 /PRNewswire/ -- Con-way Inc. (NYSE:CNW) announced today that the company has awarded nearly $200,000 in educational grants to exceptional children of its employees through the Con-way Scholarship Program.
Over the past 20 years, the Con-way Scholarship Program has awarded some $3.9 million in grants to more than 1,200 exemplary recipients. Each student has demonstrated outstanding achievement in academics, athletics and community engagement.
Under this year's program, educational grants were awarded to 166 new and continuing students. The 2013 recipients intend to pursue various areas of study, including chemical engineering, accounting, nursing and the liberal arts and sciences, and are attending a variety of educational institutions including public and private universities, community colleges and vocational programs
"With the costs of college tuition continuing to rise, funding post-secondary education remains a significant challenge for deserving students and their families," said Douglas W. Stotlar, Con-way's president and CEO. "By assisting the children of our employees with these educational grants, we are helping them gain skills and knowledge that are critical for success in today's job market. It's an honor to support these exemplary young people in their pursuit of collegiate achievement."
For the 2013-2014 school year, the company awarded scholarships to 51 new students and renewed grants for 115 continuing students. Scholarship recipients are full-time students whose parents have been employed for three consecutive years by one of Con-way's three principal operating companies — Con-way Freight, Con-way Truckload or Menlo Worldwide Logistics — or the company's corporate and administrative organizations.
The application period for the 2014-2015 scholarship program will open on Dec. 1, 2013 with the submission deadline of Feb. 15, 2014. Eligible employees may obtain a scholarship application for their children at the company's website, or through their human resources representative. Scholarship America is the administrator of Con-way's Scholarship Program, and all grants are renewable for up to three years, or upon completion of a bachelor's degree or vocational program.
The following students who received first-time awards under the 2013-2014 award cycle are profiled on the company's website.
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About Con-Way Inc.
Con-way Inc. (NYSE:CNW) is a $5.6 billion freight transportation and logistics services company headquartered in Ann Arbor, Mich. Con-way delivers industry-leading services through its primary operating companies of Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics. These operating units provide high-performance, day-definite less-than-truckload (LTL), full truckload and multimodal freight transportation, as well as logistics, warehousing and supply chain management services. Con-way also operates a trailer refurbishing and manufacturing company which supplies trailing equipment to the company's trucking fleets. Con-way Inc. and its subsidiaries operate from more than 500 locations across North America and in 20 countries. For more information about Con-way, visit www.con-way.com.
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