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SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[_] Preliminary Proxy Statement
[_] Definitive Proxy Statement
[X] Definitive Additional Materials
[_] Soliciting Material Pursuant to (S)240.14a-11(c) or (S)240.14a-12
CONSOLIDATED FREIGHTWAYS, INC.
(Name of Registrant as Specified In Its Charter)
CONSOLIDATED FREIGHTWAYS, INC.
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (check the appropriate box):
[_] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(j)(2).
[_] $500 per each party to the controversy pursuant to Exchange Act Rule 14a-
6(i)(3).
[_] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:*
(4) Proposed maximum aggregate value of transaction:
- --------
*Set forth the amount on which the filing fee is calculated and state how it
was determined.
[_] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
(1) Amount previously paid:
(2) Form, Schedule or Registration No.:
(3) Filing Party:
(4) Date Filed:
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LOGO
April 6, 1994
Dear Fellow Shareholder:
I am writing to you because your support at the upcoming Annual Meeting is
important.
This year, several proposals are expected to be presented at the Annual
Meeting by current or former employees who are or were members of the
International Brotherhood of Teamsters. We believe these proposals are part of
an ongoing, well-financed "Corporate Campaign" by the Teamsters to harass your
Board and management and thereby gain indirect leverage in labor matters to
the detriment of your interests as a shareholder. Voting for these proposals
will have the effect of encouraging the Teamsters to continue, and perhaps
intensify, this "Corporate Campaign."
Your Board and management have always been responsive to the legitimate
concerns of shareholders. However, given the Teamsters' active involvement in
this situation, your Board of Directors urges you to vote AGAINST these
proposals. If you have already voted, we thank you for your support. Even if
you have voted before, we urge you to sign, date and mail the enclosed WHITE
proxy card at your earliest convenience.
Since mid-1990, when the present management assumed responsibility for your
company, Consolidated Freightways has achieved a dramatic turnaround, as
reflected by a strong rebound in earnings and significant gains in its stock
price. Don't let the Teamsters disrupt this progress to further their own
agenda, which is counter to your economic interests.
We strongly urge you to protect your interests by voting AGAINST the
shareholder proposals (Items 4 and 5) on the enclosed WHITE proxy card. Do not
vote on the green proxy card which may be furnished to you by the Teamster-
financed "CF Shareholders Committee."
We thank you for your continued support.
Sincerely,
/s/ DONALD E. MOFFIT
Donald E. Moffit
President and Chief Executive
Officer
