X0101 4 2003-07-09 0 0000023675 CNF INC CNF 0001201921 SCHMOLLER EBERHARD G H 0 1 0 0 Sr VP, Gen Counsel and Sec Common Stock 2003-07-09 2003-07-09 4 D 0 2334.0000 0 D 10714.0000 D Common Stock 2003-06-13 2003-06-13 4 J 0 86.8720 0 A 1407.5480 I 401(k) Plan Series B Preferred Stock 0.0000 2003-07-01 2003-07-01 4 J 0 12.8200 0 A 1988-08-08 1988-08-08 Convertible to Common 12.8200 210.8250 I 401(k) Plan Forfeiture of performance restricted shares (original grant date 7/1/1997) because performance criteria not met. These shares were acquired under the CNF Thrift and Stock Plan at a price of $25.38 per shares, in a transaction that was exempt from Section 16(b) by virtue of Rule 16(b)-3. In addition to the 10,714 shares held directly and the 1,407.5480 shares of common stock held indirectly in the 401(k) Plan, 4,737 shares of common stock are held indirectly in a trust account in which the reporting person and his spouse are the settlors, trustees and beneficiaries. Column 1 and 6 = Each Series B share converts (1) to 4.708 shares of common stock at the option of the Trustee; or (2) upon termination of plan participation by a participant credited with Series B preferred shares, for each such Series B preferred share, as many common shares as equal in their market value $152.10, but in no event less that 4.708 shares. Column 7 = These shares were acquired under the CNF Thrift and Stock Plan as matching contributions and in lieu of cash dividends on other Series B Eberhard G. H. Schmoller 2003-07-10 Gary S. Cullen, Attorney-in-Fa 2003-07-10