Consolidated Freightways

Consolidated Freightways, often abbreviated CF and nicknamed "CornFlakes", was an American multinational less-than-truckload freight service and logistics company. It was founded on April 1, 1929, in Portland, Oregon, and later relocated its base to Vancouver, Washington. The company also founded the Freightliner line of heavy trucks, which Daimler Trucks now owns. At its height CF operated more than 350 terminals and employed over 15,000 truck drivers, dock workers, dispatchers and managers, and it was once the nation's largest long-haul trucking company. It ceased business in 2002, a collapse that ranks as the third largest bankruptcy filing in United States history. Its story is a standard case study of how a dominant, unionized freight carrier can fail in a deregulated trucking market.