Con-way to close 40 U.S. service centers

DETROIT, Nov 3 (Reuters) - Trucking and logistics company Con-way Inc (CNW.N) said on Monday that it will close 40 of its U.S. service centers, bringing savings of up to $40 million annually.

A company spokesman said Con-way estimated that total job losses could total around 1 percent of its workforce of 20,400. The company said that up to 75 percent of the employees at the locations affected would have the opportunity to work in a different location.

Con-way stressed that it was not exiting any markets and customers would continue to receive the same services.