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CF Strengthens Mexico-Based Management To Support Division Expansion and Rapid Growth.

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SAN ANTONIO--(BUSINESS WIRE)--March 1, 2001

Former National Accounts Manager to Drive

Division's South-of-the-Border Business

Consolidated Freightways (CF) (Nasdaq:CFWY), a leading LTL transportation provider, is expanding its Mexico division management team to support rapid growth spurred by capital improvements and enhanced services on both sides of the border.

Heading up new business activities and overseeing the division's sales activities throughout Mexico is Eduardo Garrido. Garrido was named CF Division Sales Manager and will work from his base in Monterrey, Nuevo Leon.

Consolidated Freightways is extending long-haul operations and capabilities throughout the Mexico division with nearly $20 million in new construction and upgrades, including last year's opening of state-of-art terminals in Reynosa, Torreon, and Puebla, Mexico. The CF Mexico division now operates 22 terminals -- 10 within Mexico and 13 in the U.S. southwestern states along the border -- and provides direct service to more than 100 Mexican destinations.

When CF opens a super hub at a prime 16-acre site in Mexico City later this year, the LTL provider will enhance its leading position as the largest and most extensive LTL network serving the U.S.-Mexico market.

"As demand for fast and reliable LTL service in and out of Mexico grows, CF Mexico is committed to meeting our clients' needs with dependable infrastructure, quality service, and a highly skilled management team," says Brian Hickert, CF Mexico division manager. "Eduardo's position ensures that our Mexico-based customers will be well served, and that the division can continue to aggressively pursue new business opportunities in this valuable market."

Garrido is the first CF sales manager dedicated to handle accounts and drive new business exclusively in Mexico. His U.S. counterpart, Larry Mohr, manages CF Mexico division sales in the U.S. Southwest.

Garrido has been with the CF Mexico division for three years, joining the company in 1998 as the Monterrey terminal manager. Most recently, he was CF Mexico's national account manager.

Prior to CF, Garrido was employed as materials manager and logistics manager at General Electric. He has also held logistics management positions at Cementos Apasco and Emerson Electric. Garrido is a graduate of the Universidad Regiomontana in Monterrey.

"CF Mexico is the only international LTL carrier operating within Mexico," Hickert says. "As NAFTA trade with Latin America continues to expand and evolve, and as CF continues to refine and expand our terminal network, CF Mexico will remain a smart choice for most companies."

Since its inception in 1998, CF Mexico has introduced state-of-art satellite tracking, and Mexico's first time-definite transportation options. Today, overnight deliveries are available to 29 cities within Mexico. Same-day delivery options are available to 24 Mexican markets.

As a licensed international carrier, CF Mexico handles shipments from origin to destination with no hand-offs to third-party vendors once freight crosses the border. A typical CF shipment moves between 500 and 3,000 miles.

With $2.3 billion in revenues, Consolidated Freightways operates one of the world's largest less-than-truckload (LTL) transportation networks. The company's highly skilled 22,000 professionals specialize in long-haul freight transportation throughout the North American continent.

CF's vast network of 350 terminals serves virtually every market in the U.S., Canada and Mexico. More information about the company is available at www.cf.com.

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Publication:Business Wire
Date:Mar 1, 2001
Words:583
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