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      FFEX Form 8-K CJS Presentation 2007
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">UNITED
        STATES </font></div>
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        AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">WASHINGTON,
        DC 20549</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">FORM
        8-K</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">CURRENT
        REPORT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Pursuant
        to Section 13&#160;or 15(d) of the Securities Exchange Act of 1934</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">Date
        of
        Report:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(Date
        of
        earliest event reported)</font></div>
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        11, 2007</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><img src="ffelogo.jpg" alt=""><br></div>
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        FOOD EXPRESS INDUSTRIES, INC.</font></div>
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        Name of Registrant as Specified&#160;in its Charter)</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Texas</strong></font></div>
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                  FILE NUMBER </font></div>
              </td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>75-1301831
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                  Employer Identification No.)</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>1145
                  Empire Central Place</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Dallas,
                  Texas 75247-4309</strong></font></div>
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                  of Principal Executive Offices)</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td valign="top" width="41%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>(214)
                  630-8090</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(Registrant's
                  telephone number, including area
                  code)</font></div>
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              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">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:</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">
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                  communications pursuant to Rule 425 under the Securities Act (17
                  CFR
                  230.425)</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">
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                  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                  240.14a-12)</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Wingdings">r</font></div>
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                  communications pursuant to Rule 14d-2(b) under the Exchange Act
                  (17 CFR
                  240.14d-2(b))</font></div>
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            <tr>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Wingdings">r</font></div>
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                  communications pursuant to Rule 13e-4(c) under the Exchange Act
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
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            <tr>
              <td align="left" valign="middle" width="14%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>&#160;ITEM
                  7.01.&#160;&#160;&#160;</strong></font></div>
              </td>
              <td align="left" valign="middle" width="82%" style="border-bottom: black double;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>REGULATION
                  FD DISCLOSURE</strong></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="middle" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="middle" width="82%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;Attached
                  hereto as Exhibit&#160;99.1, which is incorporated herein by reference, is
                  a copy of certain slides used by the Company in making a
                  presentation&#160;to the&#160;CJS Securities, Inc. Conference&#160;on
                  January 11, 2007. This information furnished herewith, but is not
&#8220;filed&#8221;
                  pursuant to the Securities Exchange Act and is not incorporated
                  by
                  reference into any Securities Act registration statements. Additionally,
                  the submission of this report on Form 8-K is not an admission as
                  to the
                  materiality of any information in this report that is required
                  to be
                  disclosed solely by Regulation FD. Any information in this report
                  supersedes inconsistent or outdated information contained in earlier
                  Regulation&#160;FD disclosures. </font></div>
              </td>
            </tr>

        </table>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="left" valign="middle" width="14%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>ITEM
                  9.01.</strong></font></div>
              </td>
              <td align="left" valign="middle" width="82%" style="border-bottom: black double;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>&#160;FINANCIAL
                  STATEMENTS AND EXHIBITS</strong></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(c)
                  EXHIBITS</font></div>
              </td>
              <td align="left" valign="middle" width="82%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                  following are furnished as exhibits to this report:</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">99.1</font></div>
              </td>
              <td align="left" valign="middle" width="82%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Presentation
                  materials dated&#160;January 11,&#160;2007.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="middle" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="middle" width="82%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>

        </table>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">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.</font></div>
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              <td align="left" valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                  FOOD EXPRESS INDUSTRIES, INC.</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
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              <td align="left" valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="middle" width="32%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="17%">
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                  Stoney M. Stubbs, Jr.</font></div>
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              <td align="left" valign="top" width="17%">
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                  No.</font></div>
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                  Title&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
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              </td>
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            <tr>
              <td align="left" valign="middle" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="middle" width="82%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>

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    <div>&#160;</div>
    <div>&#160;</div>
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            <div style="LEFT: 0px; WIDTH: 413px; POSITION: absolute; TOP: 0px; HEIGHT: 12px">&#160;</div>
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          <div style="LEFT: 271px; WIDTH: 412px; LINE-HEIGHT: 12px; POSITION: absolute; TOP: 80px; HEIGHT: 12px; TEXT-ALIGN: right">
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            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
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              intentions, and adequacy of resources, and may<br>be identified by words such as
              "will", "could", "should", "believe", "expect", intend", "plan",<br>"schedule",
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              availability and cost of labor, the ability to<br>negotiate favorably with
              lenders and lessors, the effects of terrorism and war, the<br>availability and
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              previously-owned<br>equipment, the impact of changes in the tax and regulatory
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            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
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            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 261px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 313px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Freight
              revenue
              through September, 2006 of $371 Million</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 341px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 365px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">2,239
              trucks
              *</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 393px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 417px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">70/30
              company-owned/owner-operator</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 445px; HEIGHT: 20px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 25px">&#160;</div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres20075.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 56px; HEIGHT: 50px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 55px"><font style="FONT-SIZE: 25pt; COLOR: #006600; FONT-FAMILY: Garamond">Commonly
              used
              acronyms</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 141px; HEIGHT: 35px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 40px"><font style="FONT-SIZE: 16pt; COLOR: #000000; FONT-FAMILY: Verdana">TL
              -
              Truckload</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 187px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 220px; HEIGHT: 35px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 40px"><font style="FONT-SIZE: 16pt; COLOR: #000000; FONT-FAMILY: Verdana">LTL
&#8211;
              Less-than-truckload</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 266px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 299px; HEIGHT: 35px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 40px"><font style="FONT-SIZE: 16pt; COLOR: #000000; FONT-FAMILY: Verdana">HOS
&#8211;
hours
              of
              service</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 344px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 377px; HEIGHT: 35px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 40px"><font style="FONT-SIZE: 16pt; COLOR: #000000; FONT-FAMILY: Verdana">OTR
&#8211;
              over-the-road</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 423px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 456px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 489px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 522px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 646px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 555px; HEIGHT: 34px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 620px; POSITION: absolute; TOP: 0px; HEIGHT: 39px">&#160;</div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres20076.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 65px; HEIGHT: 41px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 46px"><font style="FONT-SIZE: 20pt; COLOR: #006600; FONT-FAMILY: Garamond">Unique
              Resources</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 120px; HEIGHT: 70px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 22px"><font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Verdana">One-stop
              solution
              with revenue streams generated from</font></div>
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 17px; HEIGHT: 52px"><font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Verdana">refrigerated
              TL
              services (39%), refrigerated LTL services<br>(31%), dry van TL services (19%),
              dedicated services (5%),<br>and Miscellaneous (6%) *</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 197px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">Only
              National
              Carrier able to utilize TL fleets to pull LTL freight</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 219px; HEIGHT: 32px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">New
              regulation on
              HOS impacts OTR driver productivity causing</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 16px; HEIGHT: 16px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">customers
              to shift
              to LTL service offerings for multiple stops</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 257px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 605px; POSITION: absolute; TOP: 0px; HEIGHT: 21px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 276px; HEIGHT: 17px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 22px"><font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Verdana">Only
              national
              temperature-controlled LTL carrier</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 300px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">10
              terminals; 8
              recruiting centers/offices</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 323px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">Scheduled
              routes
              and service</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 345px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 364px; HEIGHT: 17px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 22px"><font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Verdana">Limited
              customer
              concentration</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 388px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">No
              customers make
              up 10% of revenue</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 410px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">Top
              20 customers
              make up 40% of revenue</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 432px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #006600; FONT-FAMILY: Wingdings">n</font></div>
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">Approximately
              10,000 total customers</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 455px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 58px; WIDTH: 583px; POSITION: absolute; TOP: 0px; HEIGHT: 21px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 474px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 605px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">*
              Revenue figures
              exclude fuel surcharge.</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 496px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 21px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 515px; HEIGHT: 17px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 22px">&#160;</div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres20077.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 31px; WIDTH: 550px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 471px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 551px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana"><em>Source:
              refrigeratedtrans.com September 2006 &amp; FFE estimates</em></font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 286px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 375px; HEIGHT: 75px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 287px; POSITION: absolute; TOP: 0px; HEIGHT: 20px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>Refrigerated
              sector: market size of</strong></font></div>
            <div style="LEFT: 0px; WIDTH: 287px; POSITION: absolute; TOP: 15px; HEIGHT: 60px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana">$8-$9B;
              approximately 41 carriers<br>over $1mm in annual revenue.&#160; Top
              ten<br>carriers comprise $3.4B of market<br>share.</font></div>
          </div>
          <div style="LEFT: 361px; WIDTH: 208px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 345px; HEIGHT: 13px; TEXT-ALIGN: center">
            <div style="LEFT: 0px; WIDTH: 209px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>2005
              Annual
              Revenue ($MM)</strong></font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 238px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 377px; HEIGHT: 45px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 239px; POSITION: absolute; TOP: 0px; HEIGHT: 20px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>Total
              Dry
              and Refrigerated</strong></font></div>
            <div style="LEFT: 0px; WIDTH: 239px; POSITION: absolute; TOP: 15px; HEIGHT: 30px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana">Industry
              has market
              size of<br>approximately $622.9B</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 52px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 59px"><font style="FONT-SIZE: 27pt; COLOR: #006600; FONT-FAMILY: Garamond">Competitive
              Landscape</font></div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres20078.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 176px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>1.</strong><u><strong>Internal
              Challenge</strong></u>:</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 226px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">-
              Restore consistent</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">revenue
              growth
</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 276px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px">&#160;</div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 179px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>1.</strong><u><strong>Our
              Opportunities</strong></u>: </font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 211px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Capitalize
              on new
              opportunities to</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">enhance
              revenue and
              profitability: </font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 252px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;1.
              Grow
              new intermodal division</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 36px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">and&#160;focus
              on
              brokerage, dedicated and LTL business as top priorities.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 327px; HEIGHT: 46px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">2.
              Use
              increased LTL freight lane </font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 28px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;
density
              to add
              revenue<br>without&#160;appreciably adding expenses.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 375px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">3.
              Reorganize sales and</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">marketing&#160;department
              to streamline pricing &#160;&#160;&#160;
and customer contact functions.</font></div>
          </div>
          <div style="LEFT: 338px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 449px; HEIGHT: 73px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">4.
              Leverage network</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 50px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">optimization&#160;opportunities
              and decision support tools (Profit Analyzer and Network&#160;&#160;&#160;&#160;
Dashboard software) to provide for a more strategic<br>forecasting
              process.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 659px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px">&#160;</div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 65px; HEIGHT: 41px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 46px"><font style="FONT-SIZE: 20pt; COLOR: #006600; FONT-FAMILY: Garamond">FFEX
              Challenges/Opportunities</font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 133px; HEIGHT: 12px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 647px; POSITION: absolute; TOP: 0px; HEIGHT: 17px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana">Following
              are
              opportunities that we have in response to industry </font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 149px; HEIGHT: 12px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 647px; POSITION: absolute; TOP: 0px; HEIGHT: 17px"><font style="FONT-SIZE: 7pt; COLOR: #000000; FONT-FAMILY: Verdana">and
              internal
              challenges:</font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 166px; HEIGHT: 12px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 647px; POSITION: absolute; TOP: 0px; HEIGHT: 17px">&#160;</div>
          </div>
          <div style="LEFT: 49px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 180px; HEIGHT: 12px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 647px; POSITION: absolute; TOP: 0px; HEIGHT: 17px">&#160;</div>
          </div>
          <div style="LEFT: 49px; WIDTH: 646px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 194px; HEIGHT: 12px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 647px; POSITION: absolute; TOP: 0px; HEIGHT: 17px">&#160;</div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres20079.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 135px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>2.</strong><u><strong>Industry
              Challenge</strong></u></font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 185px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">-
              Driver Shortage</font></div>
          </div>
          <div style="LEFT: 49px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 217px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px">&#160;</div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 135px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 305px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>2.</strong><u><strong>Our
              Opportunities</strong></u>: </font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 167px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Grow
              service
              offerings that</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">don&#8217;t
              require
              additional drivers:</font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 217px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 72px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">1.</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">LTL
              (through
              increased</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">density
              levels)</font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 267px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 72px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">2.</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Intermodal</font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 299px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 72px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">3.</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Dedicated
              services</font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 331px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 72px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">4.</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Selective,
              strategic</font></div>
            <div style="LEFT: 99px; WIDTH: 206px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">acquisitions</font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 381px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Use
              our
              geographical and</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">operational
              diversity to offer a<br>variety of opportunities to<br>meet driver&#8217;s lifestyle
              needs.&#160; </font></div>
          </div>
          <div style="LEFT: 367px; WIDTH: 304px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 467px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Re-make
              internal
              operating</font></div>
            <div style="LEFT: 63px; WIDTH: 242px; POSITION: absolute; TOP: 18px; HEIGHT: 36px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">environment
              that is
              more<br>conducive to driver retention.&#160; </font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 65px; HEIGHT: 41px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 46px"><font style="FONT-SIZE: 20pt; COLOR: #006600; FONT-FAMILY: Garamond">FFEX
              Challenges/Opportunities (Cont)&#8230;</font></div>
          </div>
        </div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres200710.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 136px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>3.</strong><u><strong>Internal
              Challenge</strong></u>:</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 186px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">-
              Operational</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Effectiveness
              </font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 236px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px">&#160;</div>
          </div>
          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 141px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>3.</strong><u><strong>Our
              Opportunities</strong></u>: </font></div>
          </div>
          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 173px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Create
              back-office
              synergies</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">through:
              </font></div>
          </div>
          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 223px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              1. Streamlining redundant&#160; </font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 36px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">functions
              such as
              billing,&#160;&#160;collections, payroll, order entry.</font></div>
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          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 291px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">2.
              Aligning business drivers </font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 36px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">and&#160;key
              performance indicators with
              measurable goals.</font></div>
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          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 359px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">3.
              Revamping our planning and</font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">and&#160;&#160;budgeting
              processes to help
              everyone on our team better understand and meet expectations.</font></div>
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          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 445px; HEIGHT: 126px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              4. Innovative IT solutions</font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 108px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">that&#160;support
              a diverse business going
              through change; while at the same time being flexible enough<br>&#160;to handle
              the needs of of customers in the most seamless manner as possible.</font></div>
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          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 585px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 355px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 617px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 65px; HEIGHT: 41px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 46px"><font style="FONT-SIZE: 20pt; COLOR: #006600; FONT-FAMILY: Garamond">FFEX
              Challenges/Opportunities (Cont)&#8230;</font></div>
          </div>
        </div>
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      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
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        <div id="PN" style="PAGE-BREAK-AFTER: always">
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            </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
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            </font></div>
        </div>
      </div>
      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres200711.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
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          </div>
          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 141px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>4.</strong><u><strong>Internal
              Challenge</strong></u>:</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              </font></div>
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          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 191px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">-
              Freight Network</font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Utilization
              </font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 190px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 241px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 191px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
            <div style="LEFT: 27px; WIDTH: 164px; POSITION: absolute; TOP: 18px; HEIGHT: 18px">&#160;</div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 140px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana"><strong>4.</strong><u><strong>Our
              Opportunities</strong></u>: </font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 172px; HEIGHT: 36px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Wingdings">&#216;</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">Increase
              profitability through freight</font></div>
            <div style="LEFT: 63px; WIDTH: 284px; POSITION: absolute; TOP: 18px; HEIGHT: 18px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">network
              optimization: </font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 222px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
              1. Focus on keeping and attracting
              </font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">the
              most profitable
              lanes&#160;belonging to&#160; our&#160;most&#160;valued&#160;customers.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 308px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">2.
              More
              fully integrate Optimization</font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">software
              throughout
              our freigt management system(s)&#160;automate of optimization process.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 394px; HEIGHT: 72px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">3.
              Provide a disciplined TL freight</font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 54px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">network
              that
              generates predictable freight which creates value to both customers
              and
              drivers.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 480px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">4.
              Continue to improve LTL la</font></div>
            <div style="LEFT: 27px; WIDTH: 320px; POSITION: absolute; TOP: 18px; HEIGHT: 36px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">density
              through
              targeted sales and marketing and lane optimization.</font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 548px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 36px; WIDTH: 311px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 337px; WIDTH: 346px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 580px; HEIGHT: 18px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 347px; POSITION: absolute; TOP: 0px; HEIGHT: 23px"><font style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Verdana">&#160;&#160;&#160;&#160;
              </font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 65px; HEIGHT: 41px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 46px"><font style="FONT-SIZE: 20pt; COLOR: #006600; FONT-FAMILY: Garamond">FFEX
              Challenges/Opportunities (Cont)&#8230;</font></div>
          </div>
        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
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            </font></div>
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      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres200712.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
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          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 56px; HEIGHT: 50px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 55px"><font style="FONT-SIZE: 25pt; COLOR: #006600; FONT-FAMILY: Garamond">Financial
              Highlights</font></div>
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            </font></div>
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        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt" face="Times New Roman">&#160;
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
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            </font></div>
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      <div id="slide" align="center">
        <div id="frame" style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 540px">
          <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="form8k_cjspres200713.jpg" alt=""></div>
          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
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          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 52px; HEIGHT: 54px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 59px"><font style="FONT-SIZE: 27pt; COLOR: #006600; FONT-FAMILY: Garamond">Investment
              Considerations</font></div>
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          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 159px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Industry
              dynamics
              create new opportunities.</font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 192px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 216px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Only
              nationwide
              perishable LTL network.</font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 249px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 683px; POSITION: absolute; TOP: 0px; HEIGHT: 30px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 273px; HEIGHT: 50px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Competitively
              differentiated by our diversified service</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 25px; HEIGHT: 25px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">offerings.</font></div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 331px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 355px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Unique
              flexibility
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          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 388px; HEIGHT: 25px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 683px; POSITION: absolute; TOP: 0px; HEIGHT: 30px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 412px; HEIGHT: 50px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 30px"><font style="FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Verdana">Strong
              balance
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          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 470px; HEIGHT: 22px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 683px; POSITION: absolute; TOP: 0px; HEIGHT: 27px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 494px; HEIGHT: 22px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 27px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 516px; HEIGHT: 15px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 20px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 532px; HEIGHT: 15px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 20px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 548px; HEIGHT: 15px; TEXT-ALIGN: left">
            <div style="LEFT: 27px; WIDTH: 656px; POSITION: absolute; TOP: 0px; HEIGHT: 20px">&#160;</div>
          </div>
          <div style="LEFT: 37px; WIDTH: 682px; LINE-HEIGHT: 0.9; POSITION: absolute; TOP: 564px; HEIGHT: 15px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 683px; POSITION: absolute; TOP: 0px; HEIGHT: 20px">&#160;</div>
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          <div style="LEFT: 43px; WIDTH: 160px; LINE-HEIGHT: 1ex; POSITION: absolute; TOP: 495px; HEIGHT: 13px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 161px; POSITION: absolute; TOP: 0px; HEIGHT: 18px"><font style="FONT-SIZE: 6pt; COLOR: #000000; FONT-FAMILY: Verdana">January
              11,
              2007</font></div>
          </div>
          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 1; POSITION: absolute; TOP: 10px; HEIGHT: 96px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; WIDTH: 641px; POSITION: absolute; TOP: 0px; HEIGHT: 37px"><font style="FONT-SIZE: 16pt; COLOR: #006600; FONT-FAMILY: Garamond"><strong>FFEX</strong></font></div>
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              ACCOMPLISHMENTS<br>LAST HALF 2006</font></div>
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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              Relaxed
              Covenants and Enhanced Provisions Allowing Distributions<br>to
              Shareholders.</font></div>
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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          <div style="LEFT: 43px; WIDTH: 640px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 317px; HEIGHT: 16px; TEXT-ALIGN: left">
            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
            <div style="LEFT: 27px; WIDTH: 614px; POSITION: absolute; TOP: 0px; HEIGHT: 21px"><font style="FONT-SIZE: 9pt; COLOR: #000000; FONT-FAMILY: Verdana">Overhauled
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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            <div style="LEFT: 0px; LINE-HEIGHT: 0.8; POSITION: absolute; TOP: 3px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7pt; COLOR: #008000; FONT-FAMILY: Wingdings">p</font></div>
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{"company-data": {"conformed-name": "FROZEN FOOD EXPRESS INDUSTRIES INC", "cik": "0000039273", "assigned-sic": "4213", "irs-number": "751301831", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10006", "film-number": "07525519"}, "business-address": {"street1": "1145 EMPIRE CENTRAL PLACE", "city": "DALLAS", "state": "TX", "zip": "75247", "phone": "2146308090"}}
FFEX Form 8-K CJS Presentation 2007
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)
January
        11, 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)
r
Soliciting
                  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                  240.14a-12)
r
Pre-commencement
                  communications pursuant to Rule 14d-2(b) under the Exchange Act
                  (17 CFR
                  240.14d-2(b))
r
Pre-commencement
                  communications pursuant to Rule 13e-4(c) under the Exchange Act
                  (17 CFR
                  240.13e-4(c))
ITEM
                  7.01.
REGULATION
                  FD DISCLOSURE
Attached
                  hereto as Exhibit 99.1, which is incorporated herein by reference, is
                  a copy of certain slides used by the Company in making a
                  presentation to the CJS Securities, Inc. Conference on
                  January 11, 2007. This information furnished herewith, but is not
"filed"
                  pursuant to the Securities Exchange Act and is not incorporated
                  by
                  reference into any Securities Act registration statements. Additionally,
                  the submission of this report on Form 8-K is not an admission as
                  to the
                  materiality of any information in this report that is required
                  to be
                  disclosed solely by Regulation FD. Any information in this report
                  supersedes inconsistent or outdated information contained in earlier
                  Regulation FD disclosures.
ITEM
                  9.01.
FINANCIAL
                  STATEMENTS AND EXHIBITS
(c)
                  EXHIBITS
The
                  following are furnished as exhibits to this report:
99.1
Presentation
                  materials dated January 11, 2007.
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:
                  January 11, 2007
By:
/s/
                  Stoney M. Stubbs, Jr.
Stoney
                  M. Stubbs, Jr.
Chairman
                  and
Chief
                  Executive Officer
EXHIBIT
                  INDEX
Exhibit
                  No.
Exhibit
                  Title
99.1
Presentation
                  materials dated January 11, 2007.
January
              11,
              2007
Frozen
              Food
              Express
CJS
              Securities
January
              11, 2006
Frozen
              Food
              Express
Industries,
              Inc.
January
              11,
              2007
This
              document contains information and forward-looking statements that are
              based
              on
management's
              current beliefs and expectations and assumptions which are based
              upon
information currently available. Forward-looking statements include
              statements relating to
plans, strategies, objectives, expectations,
              intentions, and adequacy of resources, and may
be identified by words such as
              "will", "could", "should", "believe", "expect", intend", "plan",
"schedule",
              "estimate", "project" and similar expressions. These statements are
              based
              on
current expectations and are subject to uncertainty and change.
Although
              management believes that the expectations reflected in such
              forward-looking
statements
              are
              reasonable, there can be no assurance that such expectations will
              be
realized. Should one or more of the risks or uncertainties underlying
              such
              expectations not
materialize, or should underlying assumptions prove
              incorrect, actual results may vary
materially from those expected.
Among
              the key factors that are not within management's control and that may
              have
              a
bearing
              on
              operating results are demand for the company's services and products,
              and
              its
ability to meet that demand, which may be affected by, among
              other
              things, competition,
weather conditions and the general economy, the
              availability and cost of labor, the ability to
negotiate favorably with
              lenders and lessors, the effects of terrorism and war, the
availability and
              cost of equipment, fuel and supplies, the market for
              previously-owned
equipment, the impact of changes in the tax and regulatory
              environment in which the
company operates, operational risks and insurance,
              risks associated with the technologies
and systems used and the other risks
              and uncertainties described in the company's filings
with the Securities and
              Exchange Commission.
Safe
              Harbor
              Statement
January
              11,
              2007
*
Truck
              count based
              on average number of trucks through September, 2006
Company
              Information
p
Leading
              publicly
              traded refrigerated trucking company in
the
              U.S.
p
Headquartered
              in
              Dallas, Texas
p
Traded
              on Nasdaq
              Global Market (FFEX)
p
Freight
              revenue
              through September, 2006 of $371 Million
p
2,239
              trucks
              *
p
70/30
              company-owned/owner-operator
January
              11,
              2007
Commonly
              used
              acronyms
p
TL
              -
              Truckload
p
LTL
–
              Less-than-truckload
p
HOS
–
hours
              of
              service
p
OTR
–
              over-the-road
January
              11,
              2007
Unique
              Resources
p
One-stop
              solution
              with revenue streams generated from
refrigerated
              TL
              services (39%), refrigerated LTL services
(31%), dry van TL services (19%),
              dedicated services (5%),
and Miscellaneous (6%) *
n
Only
              National
              Carrier able to utilize TL fleets to pull LTL freight
n
New
              regulation on
              HOS impacts OTR driver productivity causing
customers
              to shift
              to LTL service offerings for multiple stops
p
Only
              national
              temperature-controlled LTL carrier
n
10
              terminals; 8
              recruiting centers/offices
n
Scheduled
              routes
              and service
p
Limited
              customer
              concentration
n
No
              customers make
              up 10% of revenue
n
Top
              20 customers
              make up 40% of revenue
n
Approximately
              10,000 total customers
*
              Revenue figures
              exclude fuel surcharge.
January
              11,
              2007
Source:
              refrigeratedtrans.com September 2006 & FFE estimates
Refrigerated
              sector: market size of
$8-$9B;
              approximately 41 carriers
over $1mm in annual revenue.  Top
              ten
carriers comprise $3.4B of market
share.
2005
              Annual
              Revenue ($MM)
Total
              Dry
              and Refrigerated
Industry
              has market
              size of
approximately $622.9B
Competitive
              Landscape
January
              11,
              2007
1.
Internal
              Challenge
:
-
              Restore consistent
revenue
              growth
1.
Our
              Opportunities
:
Ø
Capitalize
              on new
              opportunities to
enhance
              revenue and
              profitability:
1.
              Grow
              new intermodal division
and focus
              on
              brokerage, dedicated and LTL business as top priorities.
2.
              Use
              increased LTL freight lane
density
              to add
              revenue
without appreciably adding expenses.
3.
              Reorganize sales and
marketing department
              to streamline pricing    
and customer contact functions.
4.
              Leverage network
optimization opportunities
              and decision support tools (Profit Analyzer and Network    
Dashboard software) to provide for a more strategic
forecasting
              process.
FFEX
              Challenges/Opportunities
Following
              are
              opportunities that we have in response to industry
and
              internal
              challenges:
January
              11,
              2007
2.
Industry
              Challenge
:
-
              Driver Shortage
2.
Our
              Opportunities
:
Ø
Grow
              service
              offerings that
don't
              require
              additional drivers:
1.
LTL
              (through
              increased
density
              levels)
2.
Intermodal
3.
Dedicated
              services
4.
Selective,
              strategic
acquisitions
Ø
Use
              our
              geographical and
operational
              diversity to offer a
variety of opportunities to
meet driver's lifestyle
              needs.
Ø
Re-make
              internal
              operating
environment
              that is
              more
conducive to driver retention.
FFEX
              Challenges/Opportunities (Cont)…
January
              11,
              2007
3.
Internal
              Challenge
:
-
              Operational
Effectiveness
3.
Our
              Opportunities
:
Ø
Create
              back-office
              synergies
through:
1. Streamlining redundant
functions
              such as
              billing,  collections, payroll, order entry.
2.
              Aligning business drivers
and key
              performance indicators with
              measurable goals.
3.
              Revamping our planning and
and  budgeting
              processes to help
              everyone on our team better understand and meet expectations.
4. Innovative IT solutions
that support
              a diverse business going
              through change; while at the same time being flexible enough
to handle
              the needs of of customers in the most seamless manner as possible.
FFEX
              Challenges/Opportunities (Cont)…
January
              11,
              2007
4.
Internal
              Challenge
:
-
              Freight Network
Utilization
4.
Our
              Opportunities
:
Ø
Increase
              profitability through freight
network
              optimization:
1. Focus on keeping and attracting
the
              most profitable
              lanes belonging to  our most valued customers.
2.
              More
              fully integrate Optimization
software
              throughout
              our freigt management system(s) automate of optimization process.
3.
              Provide a disciplined TL freight
network
              that
              generates predictable freight which creates value to both customers
              and
              drivers.
4.
              Continue to improve LTL la
density
              through
              targeted sales and marketing and lane optimization.
FFEX
              Challenges/Opportunities (Cont)…
January
              11,
              2007
Financial
              Highlights
January
              11,
              2007
Investment
              Considerations
p
Industry
              dynamics
              create new opportunities.
p
Only
              nationwide
              perishable LTL network.
p
Competitively
              differentiated by our diversified service
offerings.
p
Unique
              flexibility
              to allocate resources from TL to LTL.
p
Strong
              balance
              sheet and cash flows provide financial
flexibility.
January
              11,
              2007
FFEX
SELECTED
              ACCOMPLISHMENTS
LAST HALF 2006
p
Installed
              New Line
              Management for Intermodal Operations, Risk
Management,
              Dedicated Fleet Operations, Internal Audit and
Information Technology
p
Signed
              New Credit
              Agreement With Lower Margins, No Commitment
Fee,
              Relaxed
              Covenants and Enhanced Provisions Allowing Distributions
to
              Shareholders.
p
Repurchased
              Significant Number of Shares
p
Paid
              First Cash
              Dividend Since 1998
p
Monetized
              Non-Core
              Assets, Providing Additional Liquidity For Use in
Share
              Repurchases
p
Overhauled
              Operational and Financial Planning Activities
p
Reduced
              Headcount
              in Certain Targeted Areas
p
Significantly
              Reduced Overtime
p
Designed
              New
              Management Training Program
p
Consolidated
              Certain Dispatch and Back Office Functions
p
Re-aligned
              Certain
              Functions and Automated Processes to Address
Internal
              Control
              Weaknesses Reported for 2005.
p
Completed
              Audit
              Committee Investigation
p
Cancelled
              Related
              Party Lease Agreements
January
              11,
              2007
Bill
                        Webb
Senior
                        Vice
                        President
bwebb@ffex.net
Russell
                        Stubbs
Chief
                        Operating Officer
rstubbs@ffex.net
Thomas
                        Yetter
Chief
                        Financial Officer
tyetter@ffex.net
Frozen
                        Food Express Industries, Inc.
1145
                        Empire Central Place
Dallas,
                        Texas 75247-4309
P.O.
                        Box
                        655888
Dallas,
                        Texas
                        75265-5888
(214)
                        630-8090
http://www.ffex.net
Contact
              Information