Never Stand Still

Epilogue CF After The Spin Off 1996-2002 The End

On December 2 1996 CF Motor Freight was spun off from CNF Corp.

CEO Rodger Curry was put in charge of CF and the "new" CF was headquartered in Menlo Park, California.

At the time CF was the nation's 3rd largest long distance LTL carrier and operated 40,800 trucks.

CF also cut the number of distribution terminals from 700 to 373. Which would mean each terminal would be about 109 trucks.

In 1997 the new CF profited $20.4 million on sales of $2.3billion.

In 1998 CF signed a contract with the teamsters to ward off any strike however CF had some difficulties in 1999 when it took on cheap freight and outsourced it's IT system which cost it a boat load of money.

CFs income dipped to $2.7million on sales of $2.38 billion.

Curry retired from CF in 2000 and Patrick Blake took over and ran CF from 2000-2002.

CF moved there headquarters from California to Vancouver, Washington.

CF for some reason was losing money and reported a net loss in 2000 of $7.6 million.

In 2001 CF reported a net loss of $104.3million
they laid off 100 people in the administrative staff and in the first quarter of 2002 CF lost $36.5 million that was the final nail in the coffin CF went down for the count for good and went out of business on Labor day 2002.

 

Someone said CFs equipment circa 1999-2002 was just plane worn out and shot and the writing was on the wall

 

I saw some of that documentary.

 

Hey guys Merry Christmas for one and for two get a load of this:
Google Maps

 

CF Alaska

Back in there day there wasn't much that company couldn't do.Well they had the money, the resources and the power back in there day. They pretty much invented major coast to coast long haul LTL. All it takes is the money and they had it, but time marches on and there golden age of the late 60s and 70s eventually came to an end. But for a long time there wasn't much they couldn't do.

No other LTL carrier even to this day has the width and depth CF had not that I can see. But there's is a by gone era and we live in a new age one where the big lumbering beasts like CF have been muddled in there own bureaucracy and have given way to leaner smaller operations that aren't so small or lean any more, but there on the map now will say.