Note 9 - Equity Investment

6 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Business Combination Disclosure [Text Block]

(9) 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 $3.7 million and $3.6 million of our revenue for loads transported by our tractors and arranged by MWL in the six-month periods ended June 30, 2015 and June 30, 2014, respectively. As of June 30, 2015, we also had a trade receivable in the amount of $558,000 from MWL and an accrued liability of $2.6 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.