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 1997
2
3
4
XX
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.
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)
1997

(B)

1997

(C)

1997

(D)

1997

(E)

1 Freight revenue -- Intercity Common carrier 286,646 272,818 1,136,118 1,102,371
2 Freight revenue -- Intercity contract carrier        
3 Freight revenue -- Local cartage        
4 Intervity transportation for other motor carriers        
5 Other Operating Revenues 75 70 284 290
6 TOTAL OPERATING REVENUES (Lines 1-5) 286,721 272,888 1,136,402 1,102,661
7 Household Goods Carriers Revenues        
8 Private Carriers & C Intercorporate Hauling Revenues        
9 TOTAL OPERATING EXPENSES 272,954 270,858 1,074,053 1,111,048
10 Household Goods Carriers Expenses        
11 NET CARRIER COPERATING INCOME (Lines 6,7,8 - Lines 9,10) 13,767 2,030 62,349 (8,387)
12 Interest and Dividend Income 123 37 221 135
13 Lease of distinct operating unit-net debit / credit        
14 Other non-operating income & deductions, unusual items, etc. 470 (1,221) (4,395) (2,791)
15 Non-operating gains / losses on disposition of assets        
16 Interest expense (1,001) (2,226) (5,926) (8,786)
17 TOTAL OTHER INCOME / EXPENSE (Lines 12-16) (408) (3,410) (10,100) (11,442)
18 ORDINARY INCOME BEFORE INCOME TAXES (Lines 11 +/- Line 17) 13,359 (1,380) 52,249 (19,829)
19 Income taxes payable currently (Federal, State, & Other) (9,654) (20) 8,024 (3,602)
20 Deferred taxes 14,876 0 13,580 (2,243)
21 TOTAL PROVISION FOR INCOME TAXES (Lines 19-20) 5,222 (20) 21,604 (5,845)
22 INCOME / LOSS AFTER TAXES (Line 18 +/- Line 21) 8,137 (1,360) 30,645 (13,984)
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) 0 0 0 0
28 NET INCOME / LOSS (Line 22 +/- Line 26) 8,137 (1,360) 30,645 (13,984)
29 OPERATING RATIO (Line 9 + Line 6 [General Frieght]) 95.2% 99.3% 94.5% 100.8%
30 TOTAL OPERATING RATIO (Lines 9 & 10 + Lines 6 & 7) 95.2% 99.3% 94.5% 100.8%
  SELECTED FINANCIAL DATA:(ALL CARRIERS)        
31 Intangibles, end of period 51,151 52,825 XXX XXX
32 Total assets 374,467 383,019 XXX XXX
33 Total liabilities 178,345 217,542 XXX XXX
34 Shareholders' equity 196,122 165,477 XXX XXX
  OPERATING STATISTICS:(ALL CARRIERS-EXC HHG)        
35 Intercity miles of power vehicles in freight service-
  Common and Contract(1)
66,807,111 68,405,855 272,753,542 XXX
36 Tons of revenue freight carried in intercity service (Actual Weight)- Common and Contract(2) 928,798 938,513 3,713,444 XXX
  FUEL DATA:(ALL CARRIERS)        
37 Fuel purchase including Fuel Tax (Whole Dollars) 15,726,782 17,738,137 58,259,005 XXX
38 Gallons of Fuel Purchased 14,199,568 14,574,431 52,891,935 56,725,013
  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 26,138 2,279 215 62
46 Salaries, Wages, & MPTO 115,025 40,254 33,204 7,784
47 Other Fringes 49,795 14,301 13,702 2,630
48 Oper Supplies & Exp 21,267 14,907 4,584 XXXXXX
49 General Supplies & Exp 13,521 728 74 2,165
50 Oper Taxes & Licenses 9,545 6,830 2,191 53
51 Insurance 4,344 780 1,068  
52 Communications & Utilities 3,593 309 578 602
53 Depreciation & Amortization 5,526 1,579 1,937 50
54 Equip Rents & Purch Transp 20,142 18,368 1,774 XXXXXX
55 Bldg & Off Equip Rents 2,826 234 172 83
56 Gain/Loss on Disp of Assets (170) XXXXXX XXXXXX XXXXXX
57 Misc Expenses 1,402 XXXXXX XXXXXX XXXXXX
58 GRAND TOTAL 272,954 100,569 59,499 13,429
           
    PLATFORM-4
(F)
TERMINALS-5
(G)
MAINTENCE-6
(H)
ALL OTHERS-9
(I) 7,8,0 (3)
45 Salaries -- Officers & Supivisory Personnel 6,173 5,367 877 11,165
46 Salaries, Wages, & MPTO 30,847 898 172 1,866
47 Other Fringes 15,124 1,179 221 2,638
48 Oper supplies & Exp 34 1,503 227 12
49 General Supplies & Exp 459 2,505 370 7,220
50 Oper Taxes & Licenses 196 5 77 193
51 Insurance 2,478     18
52 Communications & Utilities 244 1,120 209 531
53 Depreciation & Amortization 1,015 665 35 245
54 Equip Rents & Purch Transp        
55 Bldg & Off Equip Rents 2,121 11 175 30
56 Gain/Loss on Disp of Assets       (170)
57 Misc Expenses       1,402
58 GRAND TOTAL 58,691 13,253 2,363 25,150


OPERATING STATISTICS: (GENERAL FRIEGHT CARRIERS ONLY)

Line No. DESCRIPTION
(A)
QUARTER (B) CUMULATIVE (C)
59 Total miles operated -- Owned vehicles 68,807,111 272,753,542
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) 68,807,111 272,753,542
64 Miles -- Rail, water, and air services 13,920,487 46,240,534
65 Ton-miles -- Intercity revenue freight -- Motor carrier highway service(5) 967,233,050 3,854,890,674
66 Ton-miles -- Intercity revenue freight -- Rail, water, and air services 143,279,189 545,301,821
67 TOTAL TON-MILES 1,110,512,239 4,400,192,495
68 Hours in pickup & delivery service by linehaul vehicles:
(a) Vehicles -- Owned
53,585 212,065
69 (b) Vehicles -- Rented    
70 Miles in linehaul service by pickup & delivery vehicles:
(a) Vehicles -- Owned
69,191 423,890
71 (b) Vehicles -- Rented    
72 Hours in pickup & delivery service by pickup & delivery vehicles:
(a) Vehicles -- Owned
1,083,260 4,385,298
73 (b) Vehicles -- Rented 259,463 994,683
74 Freight revenue Intercity serv. -- 10,000 lbs. & over 28,898 110,410
75 Freight revenue Intercity serv. -- Up to 10,000 lbs. 257,748 1,025,708
76 Tons of Intercity freight carried -- (Act. Wt.) - 10,000 lbs. & Over(2) 197,342 761,112
77 Tons of Intercity freight carried -- (Act. Wt.) - Up to 10,000 lbs.(2) 731,456 2,952,332
78 Number of Intercity shipments carried -- 10,000 lbs. & over 24,428 95,090
79 Number of Intercity shipments carried -- Up to 10,000 lbs. 1,440,919 5,927,497

 

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> VP - Treasurer 1/29/98
YOUR SIGNATURE TITLE DATE