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Old 10-31-2009, 10:23 AM
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Default CFI Leaving?

I was talking to a CFI/Truckload driver and he said that his old management is coming back and CFI is going to be CFI again in Jan. 10. Also no more trailers are being re-flagged to Con-way.
Anyone else hear anything similar?
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Old 10-31-2009, 11:49 AM
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That is news to me ... I think they would have to buy themselves back before leaving ... I wonder what they are worth today compared to when we bought them ...
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Old 10-31-2009, 11:52 AM
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Originally Posted by wonderring99 View Post
That is news to me ... I think they would have to buy themselves back before leaving ... I wonder what they are worth today compared to when we bought them ...
Now THAT is a loaded question and is something I would like to know.

Have I ever mentioned - maybe in passing, what a good idea it was to buy CFI........If not, I meant to.
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Old 10-31-2009, 11:56 AM
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Now THAT is a loaded question and is something I would like to know.
didnt they show a huge loss in the first quarter because of CFI/truckload ... some sort of a price adjustment
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Old 10-31-2009, 11:59 AM
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didnt they show a huge loss in the first quarter because of CFI/truckload ... some sort of a price adjustment
Not my forte but I believe it was due to market value loss.
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Old 10-31-2009, 12:01 PM
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Not my forte but I believe it was due to market value loss.
YES ... that is what it was .. I couldnt remember the correct term for it ... but I thought it was about 100 million
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