Consolidated Freightways Forms Alliance With Italian Transport Company.MENLO PARK, Calif.--(BUSINESS WIRE)--Aug. 4, 1999-- Consolidated Freightways (CF)(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CFWY CFWY Consolidated Freightways ) has expanded its European service through an alliance with Italian transport company, Merzario S.p.A. Merzario is an international freight forwarder An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. headquartered in Milan. The company's worldwide network expands CF capabilities in Italy, France, Spain and Greece and throughout Europe, Asia, South America and the Middle East. "Merzario offers the perfect mix of stability, experience, and market coverage," says Steve Soukup, general manager of CF's European Division. "Combining Merzario's strengths with CF's PrimeTime Air services and unparalleled LTL LTL - Linear Temporal Logic network in North America opens more options for shippers doing business in strategic export markets." "CF's partnership with Merzario is a win for both companies," says Giorgio Mongeri, manager of airfreight air·freight n. 1. A system of transporting freight by air. 2. The amount charged for transporting freight by air. air for Merzario. "CF is a recognized and respected carrier in Europe, and we're proud of the association." Through its CF International service, Consolidated Freightways simplifies time-definite transportation for shippers moving goods to destinations worldwide. CF International offers expedited LTL, air, ground transportation and ocean options, both inbound and outbound. CF is certified as an International Air Transport Association (IATA IATA International Air Transport Association, which sets the rules for air transport, including those concerning air transport of animals. ) agent. "Our European partners bring international expertise, infrastructure and cultural knowledge to the table," adds Soukup. "Through our alliances, CF is providing a variety of multi-modal choices as more and more companies require transportation and logistics services that span the globe." Consolidated Freightways is a transportation company providing less-than-truckload (LTL) and logistics services throughout the United States, Canada and Mexico using its system of 350 terminals and 21,000 employees. The company also provides international freight services between the U.S. and more than 80 countries. |
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