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Note 8 - Equity Investment
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Business Combination Disclosure [Text Block]

(8) Equity Investment

 

We owned a 45% equity interest in MWL, a third-party provider of logistics services to the transportation industry, until October 31, 2019, at which time we sold our entire membership interest for approximately $1.3 million. Prior to the sale of our interest, a non-related party owned the other 55% equity interest in MWL. We accounted for our ownership interest in MWL under the equity method of accounting. We received $585,000 of our revenue for loads transported by our tractors and arranged by MWL in the first three months of 2019.