Note 7 - Equity Investment

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Business Combination Disclosure [Text Block]

(7)   Equity Investment

We own a 45% equity interest in MWL, a third-party provider of logistics services to the transportation industry. A non-related party owns the other 55% equity interest in MWL. We received $2.0 million and $1.7 million of our revenue for loads transported by our tractors and arranged by MWL in the three-month periods ended March 31, 2015 and March 31, 2014, respectively. As of March 31, 2015, we also had a trade receivable in the amount of $880,000 from MWL and an accrued liability of $2.9 million to MWL for the excess of payments by MWL’s customers into our lockbox account over the amounts drawn on the account by MWL.