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Exhibit 99.1

Consolidated Freightways Corporation—Debtors

Consolidating Income Statements

Month Ended April 30, 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		Eliminations			Total
Revenue—Customers	$	—		$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—		$	—	$	—		$	—
Revenue—Affiliates		—			—		—			—			—			—		892,437			—		316,000			—		(1,208,437	)		—
Total Revenue		—			—		—			—			—			—		892,437			—		316,000			—		(1,208,437	)		—
Operating Expenses		1,491,458			—		14,046			69			—			—		—			—		—			—		—			1,505,573
Salaries, Wages, and Benefits		2,254,458			—		—			18,231			—			—		—			—		—			—		—			2,272,689
Purchased Transportation		14,840			—		31,705			—			—			—		—			—		—			—		—			46,545
Operating Taxes and Licensing		311,998			—		—			—			—			—		24,676			—		179,122			—		—			515,796
Claims and Insurance		101,800			—		32,764			—			—			—		43,838			—		9,313			—		—			187,715
Rents		1,201,435			—		(805	)		—			—			—		—			—		—			—		(1,208,437	)		(7,807	)
Depreciation		328,091			—		—			1,242			511			—		—			—		—			—		—			329,844
Amortization		154,145			—		—			875,119			4,976			—		—			—		—			—		—			1,034,240
Other G&A Expense		4,501,909			—		30,190			(894,661	)		34,262			—		222,016			—		20,609			—		—			3,914,325
(Gain)/Loss on Sales of Assets		(2,945,480	)		—		2,234			—			(37	)		—		(2,928,737	)		—		(2,609,559	)		—		—			(8,481,579	)
Total Operating Expenses		7,414,654			—		110,134			—			39,712			—		(2,638,207	)		—		(2,400,515	)		—		(1,208,437	)		1,317,341
Operating Income (Loss)		(7,414,654	)		—		(110,134	)		—			(39,712	)		—		3,530,644			—		2,716,515			—		—			(1,317,341	)
Other Interest Expense		(200,202	)		—		—			—			—			—		(128,724	)		—		(166,053	)		—		—			(494,979	)
Interest Expense		(200,202	)		—		—			—			—			—		(128,724	)		—		(166,053	)		—		—			(494,979	)
Temporary Investment Interest		—			—		—			—			—			—		11,986			—		—			—		—			11,986
Affiliate Interest Income		—			—		—			—			22,494			—		—			—		—			—		—			22,494
Other Interest Income		114			—		—			—			—			—		—			—		—			—		—			114
Interest Income		114			—		—			—			22,494			—		11,986			—		—			—		—			34,594
Debt Expense		(310,937	)		—		—			—			—			—		(1,558,788	)		—		(163,153	)		—		—			(2,032,878	)
Other Miscellaneous, Net		(135,578	)		—		—			—			—			—		—			—		—			—		—			(135,578	)
Income (Loss) Before Taxes		(8,061,257	)		—		(110,134	)		—			(17,218	)		—		1,855,118			—		2,387,309			—		—			(3,946,182	)
Federal Income Tax Current		—			—		—			—			—			— ��		—			—		—			—		—			—
Federal Income Tax Deferred		—			—		—			—			—			—		—			—		—			—		—			—
State Income Tax Current		—			—		—			—			—			—		—			—		—			—		—			—
Foreign Income Tax Current		—			—		—			—			—			—		—			—		—			—		—			—
Income Taxes		—			—		—			—			—			—		—			—		—			—		—			—
Net Income (Loss)	$	(8,061,257	)	$	—	$	(110,134	)	$	—		$	(17,218	)	$	—	$	1,855,118		$	—	$	2,387,309		$	—	$	—		$	(3,946,182	)