Bankrupt LTL carrier Consolidated Freightways Corp. (CF) is placing eight distribution facilities for sale to the highest bidder through an open auction process on August 14.
CF has been liquidating the assets of the corporation under orders of bankruptcy court since it filed for Chapter 11 last September. To date, 112 CF properties throughout the U.S. have been sold for $227.9 million.
The terminals up for bid next Thursday are in Hartford, CT; Woodinville, WA; Eugene, OR; Cedar City, UT; Trenton, NJ; Dayton, OH; Reno, NE; and Ann Arbor, MI.
