CF's departure opens door for LTL rate hikes. (News & Analysis: Logistics). From: Logistics Management (Highlands Ranch, Co.) | Date: October 1, 2002| Author: Gooley, Toby; Cooke, James Aaron | COPYRIGHT 2002 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Consolidated Freightways' bankruptcy leaves cargo standed and shippers scrambling to make arrangements to reclaim their freight. Meanwhile, shippers across the country are bracing for higher LTL rates.

The exit of Consolidated Freightways Corp. (CF) from the national less-than-truck-load (LTL) market last month will have a measurable impact on shippers and the trucking industry. One of the nation's largest motor carriers, CF had run its trucks, with their familiar red an...