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NEW YORK ( TheStreet) -- Con-way Inc (NYSE: CNW) hit a new 52-week low Monday as it is currently trading at $21.10, below its previous 52-week low of $21.32 with 606,387 shares traded as of 1:05 p.m. ET. Average volume has been one million shares over the past 30 days. Con-way has a market cap of $1.3 billion and is part of the services sector and transportation industry. Shares are down 39.5% year to date as of the close of trading on Friday. Con-way Inc., together with its subsidiaries, provides transportation, logistics, and supply chain management services for a range of manufacturing, industrial, and retail customers. The company has a P/E ratio of 44.5, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.