Approved by: OMB
2139-0002
Expires 1/31/99

BUREAU OF TRANSPORTATION STATISTICS
U.S. DEPARTMENT OF TRANSPORTATION
K-27
400 Seventh Street, SW
Washington, D.C. 20590

Motor Carrier Querterly Report
FORM QFR

Quarter 1
Year 1995
2
3
XX
4
MC No MC-029910

Full Name and Address of Reporting Carrier:

ABF FREIGHT SYSTEM, INC.
Name of Company
P.O. BOX 10048
Address
FORT SMITH AR 72903-0048 (501)785-6000
City State Zip Telephone No.
STATES OF OPERATIONS
(Use two letter postal abbreviation.)
TYPE OF OPERATION BASED ON
MAJOR SOURCE OF REVENUES

Continental USA ( X ) General Freight
(    ) Household Goods
(    ) Dual Authority Carriers
(    ) Specialized
If respondent is a consolidated group, list and describe all entities making up the consolidation.
If a merger, consolidation or change in the company or consolidated group occurred during the year, please describe.
Carolina Frieght Carriers, Inc. and Red Arrow Freight Lines, Inc. were merged into ABF Freight System, Inc. on September 25, 1995.
THIS REPORT SHALL BE COMPLETED BY ALL CLASS I COMMON MOTOR CARRIERS OF PROPERTY (49 CFR 1249)

 

RESULTS OF OPERATIONS: (ALL CARRIERS)

    Figures for this quarter Cumulative figures
Line No. Description
(A)
1995

(B)

1994

(C)

1995

(D)

1994

(E)

1 Freight revenue -- Intercity Common carrier 243,561 249,590 720,452 650,452
2 Freight revenue -- Intercity contract carrier        
3 Freight revenue -- Local cartage        
4 Intervity transportation for other motor carriers        
5 Other Operating Revenues 70 74 248 225
6 TOTAL OPERATING REVENUES (Lines 1-5) 243,631 249,664 720,700 650,677
7 Household Goods Carriers Revenues        
8 Private Carriers & C Intercorporate Hauling Revenues        
9 TOTAL OPERATING EXPENSES 238,932 234,174 700,709 629,516
10 Household Goods Carriers Expenses        
11 NET CARRIER COPERATING INCOME (Lines 6,7,8 - Lines 9,10) 4,699 15,490 19,991 21,161
12 Interest and Dividend Income 509 25 2,359 423
13 Lease of distinct operating unit-net debit / credit        
14 Other non-operating income & deductions, unusual items, etc. (572) (487) (1,494) (1,427)
15 Non-operating gains / losses on disposition of assets   (42)   (42)
16 Interest expense (1,790) (1,161) (5,079) (3,056)
17 TOTAL OTHER INCOME / EXPENSE (Lines 12-16) (1,853) (1,665) (4,214) (4,102)
18 ORDINARY INCOME BEFORE INCOME TAXES (Lines 11 +/- Line 17) 2,846 13,825 15,777 17,059
19 Income taxes payable currently (Federal, State, & Other) 2,452 5,657 10,024 8,648
20 Deferred taxes (911) 169 (2,621) (884)
21 TOTAL PROVISION FOR INCOME TAXES (Lines 19-20) 1,541 5,826 7,403 7,764
22 INCOME / LOSS AFTER TAXES (Line 18 +/- Line 21) 1,305 7,999 8,374 9,295
23 Gain (loss) from operations and disposal of discontinued segment        
24 Extraordinary items including income taxes (net)        
25 Provisions for deferred taxes - extraordinary items        
26 Cumulative effect of changes in accounting principles        
27 TOTAL EXTRAORDINARY ITEMS AND ACCOUNTING CHANGES (Lines 23-26)        
28 NET INCOME / LOSS (Line 22 +/- Line 26) 1,305 7,999 8,374 9,295
29 OPERATING RATIO (Line 9 + Line 6 [General Frieght]) 98.1 93.8 97.2 96.7
30 TOTAL OPERATING RATIO (Lines 9 & 10 + Lines 6 & 7) 98.1 93.8 97.2 96.7
  SELECTED FINANCIAL DATA:(ALL CARRIERS)        
31 Intangibles, end of period 54,916 56,577 XXX XXX
32 Total assets 457,934 339,584 XXX XXX
33 Total liabilities 308,412 203,833 XXX XXX
34 Shareholders' equity 149,522 135,751 XXX XXX
  OPERATING STATISTICS:(ALL CARRIERS-EXC HHG)        
35 Intercity miles of power vehicles in freight service-
  Common and Contract(1)
71,056,176 71,236,163 212,704,909 XXX
36 Tons of revenue freight carried in intercity service (Actual Weight)- Common and Contract(2) 889,131 968,310 2,681,600 XXX
  FUEL DATA:(ALL CARRIERS)        
37 Fuel purchase including Fuel Tax (Whole Dollars) 13,137,358 3,296,122 40,464,418 XXX
38 Gallons of Fuel Purchased 13,074,976 3,071,883 40,354,343  
  HOUSEHOLD GOODS DATA:(HHG ONLY)        
39 Carrier Intercity Revenue        
40 Contract Carriage Intercity Revenue        
41 Total Carrier Operating Revenue        
42 Total Tons        
43 Total Shipments        
44 Total Vehicle Miles        


OPERATING EXPENSES AND STATISTICS*

This page to be completed by general frieght carriers. (See instruction 8 on instruction page for definition of general frieght carrier.)

Line No. DESCRIPTION
(A)
TOTAL
(B)
LINEHAUL-1
(C)
PICKUP & DEL-2
(D)
BILL & COLL-3
(E)
45 Salaries -- Officers & Supervisory Personnel 22,240 1,898 121 72
46 Salaries, Wages, & MPTO 102,559 40,319 27,519 6,384
47 Other Fringes 45,497 14,053 13,884 2,146
48 Oper Supplies & Exp 16,608 12,129 3,322 XXXXXX
49 General Supplies & Exp 12,424 679 91 2,062
50 Oper Taxes & Licenses 9,749 7,228 2,022 48
51 Insurance 6,546 1,109 1,534 1
52 Communications & Utilities 2,989 303 518 540
53 Depreciation & Amortization 6,069 2,330 2,369 21
54 Equip Rents & Purch Transp 10,453 9,768 685 XXXXXX
55 Bldg & Off Equip Rents 3,841 277 218 112
56 Gain/Loss on Disp of Assets (1,055) XXXXXX XXXXXX XXXXXX
57 Misc Expenses 1,012 XXXXXX XXXXXX XXXXXX
58 GRAND TOTAL 238,932 90,093 52,283 11,386
           
    PLATFORM-4
(F)
TERMINALS-5
(G)
MAINTENCE-6
(H)
ALL OTHERS-9
(I) 7,8,0 (3)
45 Salaries -- Officers & Supivisory Personnel 5,740 4,755 733 8,921
46 Salaries, Wages, & MPTO 25,576 775 197 1,789
47 Other Fringes 11,335 1,301 211 2,567
48 Oper supplies & Exp 43 935 167 12
49 General Supplies & Exp 369 2,167 423 6,633
50 Oper Taxes & Licenses 172 1 68 210
51 Insurance 3,895     7
52 Communications & Utilities 278 807 178 365
53 Depreciation & Amortization 459 563 88 239
54 Equip Rents & Purch Transp XXXXXX XXXXXX XXXXXX XXXXXX
55 Bldg & Off Equip Rents 2,993 19 171 51
56 Gain/Loss on Disp of Assets XXXXXX XXXXXX XXXXXX (1,055)
57 Misc Expenses XXXXXX     1,012
58 GRAND TOTAL 50,860 11,323 2,236 20,751


OPERATING STATISTICS: (GENERAL FRIEGHT CARRIERS ONLY)

Line No. DESCRIPTION
(A)
QUARTER (B) CUMULATIVE (C)
59 Total miles operated -- Owned vehicles 71,056,176 212,704,909
60 Total miles operated -- Vehicles rented with drivers    
61 Total miles operated -- Vehicles rented without drivers(4)    
62 Driveaway -- Miles operated in intercity service    
63 TOTAL MILES OPERATED -- INTERVITY HIGHWAY SERVICE (Lines 59-62) 71,056,176 212,704,909
64 Miles -- Rail, water, and air services 4,592,443 9,837,390
65 Ton-miles -- Intercity revenue freight -- Motor carrier highway service(5) 993,558,839 3,066,769,105
66 Ton-miles -- Intercity revenue freight -- Rail, water, and air services 69,313,855 139,457,635
67 TOTAL TON-MILES 1,062,872,694 3,206,226,740
68 Hours in pickup & delivery service by linehaul vehicles:
(a) Vehicles -- Owned
52,115 157,465
69 (b) Vehicles -- Rented    
70 Miles in linehaul service by pickup & delivery vehicles:
(a) Vehicles -- Owned
149,911 353,864
71 (b) Vehicles -- Rented    
72 Hours in pickup & delivery service by pickup & delivery vehicles:
(a) Vehicles -- Owned
1,247,673 3,556,487
73 (b) Vehicles -- Rented 16,152 129,444
74 Freight revenue Intercity serv. -- 10,000 lbs. & over 26,870 79,501
75 Freight revenue Intercity serv. -- Up to 10,000 lbs. 216,691 640,951
76 Tons of Intercity freight carried -- (Act. Wt.) - 10,000 lbs. & Over(2) 198,922 608,327
77 Tons of Intercity freight carried -- (Act. Wt.) - Up to 10,000 lbs.(2) 690,209 2,073,272
78 Number of Intercity shipments carried -- 10,000 lbs. & over 24,228 74,273
79 Number of Intercity shipments carried -- Up to 10,000 lbs. 1,304,512 3,892,283

 

CERTIFICATION

I hereby certify that this report was prepared by me or under my supervision, that I have examined it, and that the items herein reported on the basis of my knowledge are correctly shown.

 

<SIGNATURE> President 10-31-95
YOUR SIGNATURE TITLE DATE