Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Schick Kevin Charles
   2. Issuer Name and Ticker or Trading Symbol
Con-way Inc. [CNW] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President and CFO
(Last)
(First)
(Middle)
2855 CAMPUS DRIVE, SUITE 300		 3. Date of Earliest Transaction (Month/Day/Year)
01/29/2007
(Street)

SAN MATEO, CA 94403		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) 03/14/2006   J V 0.0036 A $ 53.0847 1.9043 I by 401(k)
Common Stock (1) 04/04/2006   J V 37.8926 A $ 51.1644 39.7969 I by 401(k)
Common Stock (1) 06/14/2006   J V 0.0719 A $ 55.3139 39.8688 I by 401(k)
Common Stock (1) 07/05/2006   J V 7.3981 A $ 58.2244 47.2669 I by 401(k)
Common Stock (1) 09/14/2006   J V 0.1016 A $ 46.5653 47.3685 I by 401(k)
Common Stock               4,000 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 46.65 01/29/2007   A   2,143     (2) 01/29/2017 Common Stock 2,143 $ 0 2,143 D  
Non-Qualified Stock Option (right to buy) $ 46.65 01/29/2007   A   25,857     (2) 01/29/2017 Common Stock 25,857 $ 0 25,857 D  
Series B Preferred Stock (3) 04/04/2006   J V 4.8424     (3)   (3) Common Stock 4.8424 $ 152.1 265.409 I by 401(k)
Series B Preferred Stock (3) 07/05/2006   J V 1.2753     (3)   (3) Common Stock 1.2753 $ 152.1 266.6843 I by 401(k)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Schick Kevin Charles
2855 CAMPUS DRIVE, SUITE 300
SAN MATEO, CA 94403		       Senior Vice President and CFO  

Signatures

 By: Gary S. Cullen, Attorney-in-Fact For: Kevin C. Schick   01/31/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares were acquired under the Con-way Thrift and Stock Plan either as matching contributions or in lieu of cash dividends.
(2) The option vests in three equal annual installments, beginning on the January 1 following the date of grant.
(3) These shares were acquired under the Con-way Thrift and Stock Plan as matching contributions or in lieu of cash dividends on other Series B preferred. Each Series B share converts to 4.708 shares of common stock at the option of the Trustee. Upon termination of plan participation each Series B preferred share, with a market value of $152.10, is converted to the equivalent number of common shares, but in no event fewer than 4.708 shares.

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