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FedEx Freight | Wow, another "freight" company...

I worked for Con way westren back in 90 to 92. When I started thier on their trls in small writing it a CF company in less than a yr that was off their trls. CF knew it was just a matter of time
 
nncnwydude said:
Well, that's kinda right, but in '99 what was then known as CF Motor Freight was spun off from the parent company known as CNF which owned CF, the Con-ways and Emery Worldwide. When CF went tits up in '02 they were on their own. The parent company saw the writing on the wall and cut them adrift to sink or swim on their own. CNF is now known as Con-way, Inc.
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I'm glad you cleared all that up..
 
It would really be nice if people would research the history and business practices of a company that has gone bust before they regurgitate the anti-union liturgy that has been spoon fed to them.
 
How about the fact that about 3 yrs(?) ago yrc had company called YRC Logistics which they ran for less than a yr. then sold to Greatwide? Anyone else remember that or was it just a west coast thing?
 
nncnwydude said:
Well, that's kinda right, but in '99 what was then known as CF Motor Freight was spun off from the parent company known as CNF which owned CF, the Con-ways and Emery Worldwide. When CF went tits up in '02 they were on their own. The parent company saw the writing on the wall and cut them adrift to sink or swim on their own. CNF is now known as Con-way, Inc.
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Cut them adrift to sink or swim. Too bad CNF had bled them of everything they had first. There was no way for CF to swim, conway had cut off its arms and legs. The writing on the wall was, "nothing left to suck out of this company, let it go on it's own now" This was blatently obvious to everyone except the conway Kool-aid drinkers who come out to defend what was done. A non-union company built off the backs of hard working union drivers.
 
Alot of union carriers have gone under, since Peanut head signed into law degregulation of the trucking industry.
 
slim66 said:
Cut them adrift to sink or swim. Too bad CNF had bled them of everything they had first. There was no way for CF to swim, conway had cut off its arms and legs. The writing on the wall was, "nothing left to suck out of this company, let it go on it's own now" This was blatently obvious to everyone except the conway Kool-aid drinkers who come out to defend what was done. A non-union company built off the backs of hard working union drivers.
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My apologies. I read into your earlier post that the IBT had sucked CF dry.
 
FedEx Ground is a shipping company which is a subsidiary of the FedEx corporation. It is headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. Originally conceived as a lower cost competitor to UPS, Roadway Package System (RPS) was created to take advantage of new barcode, material handling and computer technologies. After beginning service on March 11, 1985, the company grew, expanding service from its initial coverage of the Mid-Atlantic states, so much so that it eventually became the largest subsidiary of its parent company, Akron-based Roadway Services. By 1996, RPS had achieved 100% coverage of the United States and Canada. In addition, Roadway Services had been reformed as a new holding company called Caliber System, Inc.

In 1997, Fred Smith, founder of FedEx, contacted Dan Sullivan, co-founder of RPS and now president of Caliber Systems, Inc. about merging the two companies. In 2000, FedEx, merged the Caliber System, Inc. operating companies into the FedEx organization with Robert's Express becoming FedEx Custom Critical and RPS becoming FedEx Ground. Viking Freight which initially operated under its original name was re-branded FedEx Freight in 2001. I can cut and paste too. TP
 
Twice Pipes said:
FedEx Ground is a shipping company which is a subsidiary of the FedEx corporation. It is headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. Originally conceived as a lower cost competitor to UPS, Roadway Package System (RPS) was created to take advantage of new barcode, material handling and computer technologies. After beginning service on March 11, 1985, the company grew, expanding service from its initial coverage of the Mid-Atlantic states, so much so that it eventually became the largest subsidiary of its parent company, Akron-based Roadway Services. By 1996, RPS had achieved 100% coverage of the United States and Canada. In addition, Roadway Services had been reformed as a new holding company called Caliber System, Inc.

In 1997, Fred Smith, founder of FedEx, contacted Dan Sullivan, co-founder of RPS and now president of Caliber Systems, Inc. about merging the two companies. In 2000, FedEx, merged the Caliber System, Inc. operating companies into the FedEx organization with Robert's Express becoming FedEx Custom Critical and RPS becoming FedEx Ground. Viking Freight which initially operated under its original name was re-branded FedEx Freight in 2001. I can cut and paste too. TP
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Also AF was bought and eventually merged with Fedex (west) to give Fedex 48 state coverage in the LTL bidness.
 
OK....ready for a different opinion?
Rps was formed to take advantage of a market that was exclusively UPS's in the past. It did take off very well and go nation wide in no time at all with the support of the parent Roadway exp.....unfortunately they absorbed most of Roadways sales force that was at the time the absolute best in the industry. Wellllll....with them went allot of the smaller ltl freight.
Now, after all this was established the new tax laws canned allot of the companies deductions so they restructured to take advantage of deductions available under the new laws. This created a central office called Roadway services. Now all the terminals owned and paid for by big R were leased from Roadway services....and equipment and such followed suit. With all the executives filling thier pockets with stocks in the main office they soon figured they had the controling shares and they tried to walk with the company......Unfortunately the Roushes had friends in the rubber business that Roadway was founded on and the stock was proxied to the family for control. Roadway was spun off and became very successfull once again.......RPS and such.....well ... guess you all know the rest of that story.
Now regarding yrc freight! new ceo with a good background in the industry and all the right ideas. Why did they ever try to absorb regional freight when they had all these regional carriers anyhow. I think that one just goes under the DUHHHHH file. There is allot more here going on though that has not been mentioned. MIQ was another one of Yellows failures that has been restructured to handle the global freight and it is hitched to yrcW and afiliated directly with those chinese companies that are still owned by....none other than....YUP...YRCW! The logistics companies have been sold off to Austin Ventures with a connection and a purpose that will complete a system that supports the company as a whole and relieves the pressures of the union-non union problems.
A personal opinion from many years with this company and some different angles for you all to think about.
 
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