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CNF Inc. Not Affected by Consolidated Freightways Corp. Bankruptcy Announcement.


Business Editors

PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif.--(BUSINESS WIRE)--Sept. 3, 2002

In response to inquiries today and at the suggestion of the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
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 Inc. said that it is a separate company from Consolidated Freightways Corp., which announced yesterday that it would file for bankruptcy today. The two companies have been unrelated legal entities since Consolidated Freightways was spun off from CNF in 1996. The operations of the companies owned by CNF, including Con-Way Transportation Services and Menlo Worldwide, are not affected by the Consolidated Freightways bankruptcy announcement.

CNF (NYSE NYSE

See: New York Stock Exchange
:CNF) is a $4.9 billion management company of global supply chain services with businesses in regional trucking, air freight, ocean freight, customs brokerage, global logistics management and trailer manufacturing.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 3, 2002
Words:122
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