Consolidated Freightways
Public Company | |
Fate | Bankruptcy |
Successor | Con-Way |
Consolidated Freightways (CF), was an American multinational freight services and logistics company founded on April 1, 1929, in Portland, Oregon, and later relocated to Vancouver, Washington. Consolidated Freightways was also the founder of Freighliner line of heavy trucks now manufactured by Daimler-Benz. At its height, the company possessed over 15 terminals and over 3,000 employees. Consolidated Freightways also was once the nation's number one long-haul trucking company and the 3rd largest-ever U.S. filling for bankruptcy.
History
In 1939, CF Inc. started its own truck manufacturing operation, Freightliner, which for decades it operated jointly with White Motor Company. On July 31, 1981, it sold its truck manufacturing business and the Freightliner brand to Daimler AG.[1] In 1981, CF won in a case before the U.S. Supreme Court, Kassel v. Consolidated Freightways Corp.. The court found that Iowa's length restriction on tractor-trailers violated the Dormant Commerce Clause.
In 1983, CF Inc. ventured into regional trucking with its spin off Con-Way carriers.[2] Whereas Consolidated Freightways' drivers and dockworkers were unionized, the new Conways (Con-way Central Express (CCX), Con-way Western Express (CWX), Con-way Eastern Express (CEX), etc.)[3] were nonunion, creating tense relations with CF's Teamsters.
On April 3, 1989, CF Inc. purchased Emery Air Freight Corp. merging it with their own CF AirFreight operation and renamed it Emery Worldwide. This, along with Menlo Forwarding, was later sold to UPS.[4]
In 1996, Consolidated Freightways, Inc. spun off its unionized long-haul trucking company, CF MotorFreight, creating two separate publicly traded companies. Parent company, Consolidated Freightways, Inc. was renamed CNF Transportation Inc., reflecting the familiar stock ticker symbol of the company (CNF). CNF retained the Con-Way regional truck companies, Emery Worldwide and a growing logistical systems department.[5]
Consolidated Freightways Corporation filed for Chapter 11 bankruptcy on September 3, 2002, and ceased operations.[6][7][8]
April 18, 2006, CNF Transportation re-branded itself under its Con-Way image and continues in business today.[9]
On October 30, 2015, Con-way Trucking was acquired by Greenwich, CT-based XPO Logistics, Inc.
See also
References
- ↑ Kenneth D. Durr, Philip L. Cantelon (1999). Never Stand Still - a History of CNF Transportation Inc. Rockville, Maryland: Montrose Press. p. 562. LOC 99-74784.
- ↑ Kenneth D. Durr, Philip L. Cantelon (1999). Never Stand Still - a History of CNF Transportation Inc. Rockville, Maryland: Montrose Press. p. 562. LOC 99-74784.
- ↑ "Con-Way History". Con-way.com. Retrieved 27 June 2014.
- ↑ Kenneth D. Durr, Philip L. Cantelon (1999). Never Stand Still - a History of CNF Transportation Inc. Rockville, Maryland: Montrose Press. p. 562. LOC 99-74784.
- ↑ Kenneth D. Durr, Philip L. Cantelon (1999). Never Stand Still - a History of CNF Transportation Inc. Rockville, Maryland: Montrose Press. p. 562. LOC 99-74784.
- ↑ "CFC Trust". Archived from the original on 2010-11-20. Retrieved 5 December 2012.
- ↑ New York Times (3 September 2002). "Consolidated Freightways Nears Collapse". The New York Times. Retrieved 11 November 2012.
- ↑ "Consolidated Freightways Chapter 11 Petition" (PDF). PacerMonitor. PacerMonitor. Retrieved 9 June 2016.
- ↑ Con-Way. "History". Retrieved 11 November 2012.