| There was a lot news on the Bankruptcy of | | | | two companies have a long history. Consolidated |
| Consolidated Freight, which rocked the transportation | | | | Freightways Manufacturing Division eventually became |
| industry, but what most failed to realize is that CF | | | | Freightliner. This folks is the backbone of America. |
| was founded in 1929 and this nation lost a great | | | | Freightliner eventually sold out to Daimler Chrysler. |
| company. of their largest customers was The Boeing | | | | This is very serious as the region got hammered by |
| Company. With Consolidated Freights help we were | | | | steel, to make trucks, lumber and timber industries |
| able to move logistics around the country so we | | | | buying trucks, then the trucking lay offs in |
| could out produce and deliver our industrial might to | | | | manufacturing sector, along with buy back leases all |
| the Germans in WWII. Despite the immense volume | | | | killing the prospects of getting out of dodge under |
| of logistics CF provided for America they had an | | | | German short term gain lookers pledged against |
| incredible safety record un paralleled in the industry | | | | America heart and sole and fiber. The massive |
| and could even hold a candle to the Wal-Mart logistics | | | | consolidation of trucking manufacturers, dealers and |
| teams. One of the best safety records in the nation; | | | | the like were hurt. Also Pac Car Leasing was hurt |
| .Anyone in the Transportation Industry or who reads | | | | with holdings connected to CF, more used trucks for |
| Commercial Carrier Journal or Transport topics | | | | sale again just a used truck prices were starting to |
| understands that they too were leading edge on | | | | rebound. Pac Car bought into Rush Peterbuilt who |
| many issues, like B2B, Same day, expedited services | | | | was also consolidating sales offices and now a new |
| and routing plans including trains, planes, ships and | | | | glut of 18,000 used trucks on the market. This is not |
| trucking and god only knows what else in the future | | | | all, which plagued the CF Companies. High Fuel Costs |
| had they still been in business? Leading the industry in | | | | in summer of 2001 hurt Consolidated Freight and in |
| high technology for logistics as well.In business since | | | | August 1, 2001 they had to raise prices, meanwhile |
| 1929, 15,500 laid off effective immediately after their | | | | competitors such as Fed Ex Ground waited until way |
| bankruptcy, a Delaware Corp. with HQ in Vancouver | | | | after 9-11. UPS followed and so did JB HUNT, Swift, |
| WA, which as of this year is the highest | | | | Covenant and Schneider. Many independents went |
| unemployment in the country. Think about it a | | | | out of business. In 2000 CF Consolidated Freightways |
| company formed in 1929 after the depression made | | | | with $2.2 billion in annual revenues, consolidated was |
| it through the war only to be caught up in this latest | | | | going strong. The Company's 18,000 skilled |
| cycle of terror, high fuel prices and sluggish recession, | | | | professionals specialize in freight transportation. |
| this was a bad day for all of America. It is the heart | | | | Raised prices again in May 2002. .They nearly made it |
| of this country. But such a large company like CF has | | | | out of the recession whole, now it is all over for the |
| its tentacles in all sorts of other vendor operations, | | | | great men and women who mad up the CF Team. |
| for instance they were the Third largest buyer of | | | | America will miss you and the Trucking Industry will |
| Freightliner Trucks in the World. JB Hunt recently | | | | never be the same.Lance Winslow - Online Think |
| passed them with a 1 billion dollar purchase in 1999. | | | | Tank forum board. |