Consolidated Freightways
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| 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, which they eventually relocated to Vancouver, Washington. Consolidated Freightways was also the founder of Freightliner. 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 filling for bankruptcy
Contents
History
In 1939 CF Inc. started its own truck manufacturing operation, Freightliner. On July 31, 1981, it sold its truck manufacturing business and the Freightliner brand to Daimler-Benz AG now part of 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]
April 18, 2006, CNF Transportation re-branded itself under its Con-Way image and continues in business today.[8]
On October 30, 2015 Con-way Trucking was acquired by Greenwich, CT. based XPO Logistics, Inc.
See also
References
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External links
- Pages using infobox company with unsupported parameters
- Defunct companies based in Oregon
- Companies based in Portland, Oregon
- Companies that have filed for Chapter 11 bankruptcy
- Companies disestablished in 2002
- Trucking companies of the United States
- 1929 establishments in Oregon
- 2002 disestablishments in Oregon
