Canadian Freightways not affected by closure of Consolidated Freightways

Canadian Freightways, headquartered in Calgary, Alberta, confirmed today that the Canadian managed company and its divisions across Canada and the United States, will not be impacted by the closure of parent company Consolidated Freightways Corp.

Consolidated Freightways, headquartered in Vancouver, Washington, today filed for Chapter 11 Bankruptcy protection in the United States and announced it would cease operations.

“I am disappointed Consolidated Freightways could not right their financial situation. I have my Canadian Freightways team focused on keeping all of our domestic and international customers satisfied and their shipments moving,” advised Darshan Kailly, President and Chief Executive Officer of Canadian Freightways.

Canadian Freightways is operationally and financially independent, with the resources, the people and the coverage to keep all of their customers’ shipments moving without interruption.

"The Canadian group of companies has been profitable every year since 1962, and enjoys a growing list of satisfied customers throughout its expanding network," a company release states adding that Canadian Freightways won the 2002 Consumers Choice Award for best transportation company in Calgary and Edmonton.

Canadian Freightways has been operating in Canada since 1935 and employs 2000 people. Specializing in guaranteed time-definite and expedited transportation, customs brokerage and supply chain services across Canada and the United States, the company provides service to businesses who expect to create competitive advantage with their supply chain. The company’s web-site is www.canadianfreightways.com.