8-K 1 ffe_8k-080107.htm CURRENT REPORT ffe_8k-080107.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
 
FORM 8-K
 
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:
(Date of earliest event reported)
July 31, 2007
 
FROZEN FOOD EXPRESS INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)

 

Texas
(State or Other Jurisdiction of Incorporation)
 1-10006
COMMISSION FILE NUMBER
75-1301831
(IRS Employer Identification No.)
 
1145 Empire Central Place
Dallas, Texas 75247-4309
(Address of Principal Executive Offices)
 
 
 
(214) 630-8090
(Registrant's telephone number, including area code)
 
 
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
r
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 ITEM 1.01.   
Entry into a Material Definitive Agreement
 
On July 31, 2007 the Registrant and its banks agreed to the terms of the Second Amendment to the Amended and Restated Credit Agreement between Comerica Bank-Texas as administrative agent for itself and other banks, LaSalle Bank National Association, as collateral agent and syndication agent for itself and other banks and FFE Transportation Services, Inc., as Borrower and certain of its affiliates as of October 12, 2006. A copy of the Second Amendment is filed herewith as Exhibit 10.1.
 
The amendment will enable the Registrant to pay cash dividends on, and/or repurchase shares of, the Registrant’s Common Stock in an aggregate amount not to exceed $7.5 million between July 31, 2007 and December 31, 2007.
 

 ITEM 2.02.   
Results of Operations and Financial Condition
 
On July 31, 2007, Frozen Food Express Industries, Inc. issued a news release announcing its results of operations for the three- and six-month periods ended June 30, 2007, as compared to the comparable periods of 2006.  A copy of the news release is furnished, but not filed herewith, as Exhibit 99.1.
 
 
 ITEM 9.01.
Financial Statements and Exhibits
(d) EXHIBITS
 
 
The following exhibits are filed pursuant to Item 9.01 of Form 8-K. 
 
                       
10.1
Second Amendment to the Amended and Restated Credit Agreement between Comerica Bank-Texas as administrative agent for itself and other banks, LaSalle Bank National Association, as collateral agent and syndication agent for itself and other banks and FFE Transportation Services, Inc. as Borrower and certain of its affiliates as of October 12, 2006.
 
 
99.1
Press Release dated July 31, 2007 of Frozen Food Express Industries, Inc.
 
 
 SIGNATURES
 
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.
 
 
FROZEN FOOD EXPRESS INDUSTRIES, INC.
 
 
 
 
 
 
 
 
 
 
Dated:  July 31, 2007
 
By:
 
/s/ Thomas G. Yetter
 
 
 
Thomas G. Yetter
Senior Vice President and Chief Financial Officer
(Principal Financial Officer)
 
 
 
 
EXHIBIT INDEX
 
 
 
 
 
Exhibit No.
Exhibit Title                              
 
10.1
Second Amendment to the Amended and Restated Credit Agreement between Comerica Bank-Texas as administrative agent for itself and other banks, LaSalle Bank National Association, as collateral agent and syndication agent for itself and other banks and FFE Transportation Services, Inc. as Borrower and certain of its affiliates as of October 12, 2006.
 
99.1
Press Release dated July 31, 2007 of Frozen Food Express Industries, Inc.