8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

CONSOLIDATED FREIGHTWAYS CORPORATION

Commission File Number 1-12149

Incorporated in the State of Delaware

I.R.S. Employer Identification No. 77-0425334

1115 S.E. 164^th Avenue, Vancouver, WA 98683

Telephone Number (360) 448-4000

Item 5. Other Events.

On September 3, 2002, Consolidated Freightways Corporation (the “Company”), Consolidated Freightways Corporation of Delaware, Redwood Systems, Inc., Leland James Service Corporation, CF Airfreight Corporation and CF MovesU.com Incorporated (collectively, the “CF Debtors”) filed their voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”). On February 3, 2003, CFCD 2002 LLC, CFCD 2002A LLC, CFCD 2002 Member LLC and CFCD 2002A Member LLC (collectively, the “LLC Debtors” and together with the CF Debtors, the “Debtors”) filed their voluntary petitions for relief under the Bankruptcy Code. The Debtors’ chapter 11 cases are pending in the United States Bankruptcy Court for the Central District of California, Riverside Division (jointly administered under Case No. RS 02-24284 MG).

Based on guidance provided in Exchange Act Release 9660 (June 30, 1972) and Staff Legal Bulletin Number 2 (April 16, 1997), and based upon informal communications with the staff of the U.S. Securities and Exchange Commission, the Company is modifying the form of its periodic reporting under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Specifically, in lieu of filing Forms 10Q and 10K pursuant to the Exchange Act, the Company will file under cover of Form 8K certain financial information included in monthly operating statements submitted by the Debtors to the Office of the United States Trustee for the Central District of California in connection with their chapter 11 cases pursuant to the Federal Rules of Bankruptcy Procedure and the requirements of the Office of the United States Trustee for the Central District of California.

THIS REPORT ON FORM 8K CONTAINS FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT ACCOUNTANTS, ARE NOT PRESENTED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS. THE FINANCIAL INFORMATION INCLUDED HEREIN IS, ACCORDINGLY, ONLY REPRESENTATIVE OF THE FILING COMPANIES LISTED ABOVE. FURTHER, SUCH FINANCIAL STATEMENTS AND INFORMATION REFLECT ONLY THE OPERATIONS OF THE DEBTORS, AND THEREFORE DO NOT CONSTITUTE OR REFLECT CONSOLIDATED FINANCIAL DATA FOR THE COMPANY.

The financial statements are included as Exhibit 99.1.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Consolidated Freightways Corporation
	(Registrant)
April 5, 2004	/s/ Kerry K. Morgan
	Kerry K. Morgan
	Vice President and Treasurer

EX-99.1

Consolidated Freightways Corporation

Consolidating Income Statements

For the Month Ended December 31, 2003

(Unaudited)

	Consolidated Freightways Corporation of Delaware			Consolidated Freightways Corporation		CF AirFreight Corporation			Leland James Service Corporation			Redwood Systems Inc.			CF MovesU Inc.		CFCD 2002 LLC			CFCD 2002 Member LLC		CFCD 2002A LLC			CFCD 2002A Member LLC		CFC
Revenue - Customers	$	—		$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—		$	—	$	—
Revenue - Affiliates		—			—		—			—			—			—		—			—		—			—		—
Total Revenue		—			—		—			—			—			—		—			—		—			—		—
Operating Expenses		524,055			—		6,554			10			—			—		—			—		—			—		530,619
Salaries, Wages, and Benefits		676,769			—		84			(1,563	)		—			—		3,304			—		3,299			—		681,893
Purchased Transportation		94,846			—		6,370			—			—			—		—			—		—			—		101,216
Operating Taxes and Licensing		190,495			—		—			—			—			—		131,482			—		71,670			—		393,647
Claims and Insurance		46,761			—		—			—			—			—		21,686			—		5,276			—		73,723
Rents		(10,209	)		—		—			—			—			—		—			—		—			—		(10,209	)
Depreciation		14,290			—		—			—			—			—		—			—		—			—		14,290
Other G&A Expense		1,107,859			—		645,701			1,553			(19,044	)		—		—			—		—			—		1,736,069
(Gain)/Loss on Sales of Assets		(4,951,728	)		—		487			—			—			—		(11,192	)		—		(330,159	)		—		(5,292,592	)
Total Operating Expenses		(2,306,862	)		—		659,196			—			(19,044	)		—		145,280			—		(249,914	)		—		(1,771,344	)
Operating Income (Loss)		2,306,862			—		(659,196	)		—			19,044			—		(145,280	)		—		249,914			—		1,771,344
Interest on Debt		—			—		—			—			—			—		—			—		—			—		—
Other Interest Expense		—			—		—			—			—			—		—			—		—			—		—
Interest Expense		—			—		—			—			—			—		—			—		—			—		—
Temporary Investment Interest		42,106			—		—			—			—			—		30,824			—		5,796			—		78,726
Affiliate Interest Income		—			—		—			—			22,494			—		—			—		—			—		22,494
Other Interest Income		59,449			—		—			—			—			—		—			—		—			—		59,449
Interest Income		101,555			—		—			—			22,494			—		30,824			—		5,796			—		160,669
Other Miscellaneous, Net		1,054,595			—		53,029			—			22			—		—			—		—			—		1,107,646
Income (Loss) Before Taxes		3,463,012			—		(606,167	)		—			41,560			—		(114,456	)		—		255,710			—		3,039,659
Federal Income Tax Current		—			—		—			—			—			—		—			—		—			—		—
Federal Income Tax Deferred		—			—		—			—			—			—		—			—		—			—		—
State Income Tax Current		—			—		—			—			—			—		—			—		—			—		—
Foreign Income Tax Current		—			—		—			—			—			—		—			—		—			—		—
Income Taxes		—			—		—			—			—			—		—			—		—			—		—
Net Income (Loss)	$	3,463,012		$	—	$	(606,167	)	$	—		$	41,560		$	—	$	(114,456	)	$	—	$	255,710		$	—	$	3,039,659