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Exhibit 99.1

Consolidated Freightways Corporation

Consolidating Income Statements

For the Month Ended August 31, 2003

	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		Total
Revenue—Customers	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—	$	—		$	—	$	—
Revenue—Affiliates		—			—		—			—			—			—			—			—		—			—		—
Total Revenue		—			—		—			—			—			—			—			—		—			—		—
Operating Expenses		120,444			—		1,901			10			468			26			—			—		—			—		122,849
Salaries, Wages, and Benefits		450,688			—		—			14,760			—			—			—			—		—			—		465,448
Purchased Transportation		—			—		—			—			—			—			—			—		—			—		—
Operating Taxes and Licensing		134,273			—		—			—			—			—			(7,589	)		—		—			—		126,684
Claims and Insurance		111,410			—		500			—			—			—			17,773			—		6,565			—		136,248
Rents		(54,420	)		—		—			—			—			—			—			—		—			—		(54,420	)
Depreciation		7,195			—		1,604			—			73			—			—			—		—			—		8,872
Amortization		154,145			—		—			875,119			—			—			—			—		—			—		1,029,264
Other G&A Expense		1,954,931			—		1,997			(889,889	)		4,675			—			—			—		—			—		1,071,714
(Gain)/Loss on Sales of Assets		(3,196,503	)		—		134,985			—			—			—			(2,807,719	)		—		—			—		(5,869,237	)
Total Operating Expenses		(317,837	)		—		140,987			—			5,216			26			(2,797,535	)		—		6,565			—		(2,962,578	)
Operating Income (Loss)		317,837			—		(140,987	)		—			(5,216	)		(26	)		2,797,535			—		(6,565	)		—		2,962,578
Other Interest Expense		(583	)		—		—			—			—			—			—			—		—			—		(583	)
Interest Expense		(583	)		—		—			—			—			—			—			—		—			—		(583	)
Temporary Investment Interest		—			—		—			—			—			—			6,570			—		6,195			—		12,765
Affiliate Interest Income		—			—		—			—			22,494			—			—			—		—			—		22,494
Other Interest Income		689			—		—			—			—			—			—			—		—			—		689
Interest Income		689			—		—			—			22,494			—			6,570			—		6,195			—		35,948
Debt Expense		(310,937	)		—		—			—			—			—			—			—		—			—		(310,937	)
Income (Loss) Before Taxes		7,006			—		(140,987	)		—			17,278			(26	)		2,804,105			—		(370	)		—		2,687,006
Federal Income Tax Current		—			—		—			—			—			—			—			—		—			—		—
Federal Income Tax Deferred		—			—		—			—			—			—			—			—		—			—		—
State Income Tax Current		—			—		—			—			—			—			—			—		—			—		—
Foreign Income Tax Current		—			—		—			—			—			—			—			—		—			—		—
Income Taxes		—			—		—			—			—			—			—			—		—			—		—
Net Income (Loss)	$	7,006		$	—	$	(140,987	)	$	—		$	17,278		$	(26	)	$	2,804,105		$	—	$	(370	)	$	—	$	2,687,006