Assets held for sale

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

Assets held for sale

9.     Assets held for sale

Revenue equipment categorized as assets held for sale, net of accumulated depreciation on the Consolidated Condensed Balance Sheet at September 30, 2011 totaled $10.8 million. Assets held for sale are no longer subject to depreciation, and are recorded at the lower of depreciated carrying value or fair market value less selling costs. We expect to sell these assets by the end of 2011 as stated below in Note 10, Subsequent Events.