According to the American Trucking Association, or the ATA, the size of the total domestic freight transportation market in the United States was approximately $765 billion in 2004. While the freight transportation industry includes a broad range of transportation modes and service levels, trucking constituted the largest portion of this industry in 2004, estimated at $671 billion or 88% of the total market. Mercer Management Consulting, or Mercer, estimates that a portion of the trucking segment satisfies the requirements for “expeditable” freight, which is defined as freight that could potentially be sent via expedited modes of transportation, if needed, to minimize the risk of disruptions to supply chains. Mercer estimates that the market for domestic expeditable freight was $161 billion in 2004.

Expedited freight transportation represents the on-demand pickup and delivery of time-critical shipments. Expedited freight services are generally available any time, 24 hours a day, seven days a week and 365 days a year with no limitations regarding size, weight or type of shipment. In addition, larger carriers typically provide real-time shipment tracking and tracing capabilities. The difference in shipment times between expedited freight transportation and transportation via other, non-expedited ground alternatives can be substantial.

The domestic expedited freight market is estimated at $3.4 billion in revenues in 2005 by SJ Consulting, which breaks this market down into two types of providers—pure expeditors and other expedited service providers. Pure expeditors, which comprised 39% of the market or $1.3 billion in revenues in 2005, include divisions or companies that are exclusively focused on expedited services and have a dedicated network for expedited transportation offering non-stop, point-to-point, exclusive vehicle service. Other expedited service providers, which comprised 61% of the market or approximately $2.1 billion in revenues in 2005, consist of air cargo carriers, “next day” or “same day” service provided by integrated transportation providers and truckload and less-than-truckload carriers that do not have a dedicated expedited service offering or network and offer some form of expedited services as part of their existing freight transportation network.

The Company offers a single source solution to time-critical shipping needs, and it provides direct point-to-point service to and from customer locations in the continental United States, Canada and Mexico. The Company’s focus is on superior, detail-oriented customer service, and it has designed its business model to provide flexible and personalized responses to its customers.

The Company’s diverse network is available 24 hours a day, seven days a week, 365 days a year, and can quickly respond to almost any expedited ground transportation need.

In addition, the Company has developed a separate premium and customized services offering—its Elite Services—to address its customers’ most sensitive transportation requirements. The Company can quickly move small or large quantities of product from point to point overnight, provide protective wrapping, handle hazardous materials, monitor temperature, attach a security detail, or provide a number of other protective or service-intensive measures required by its customers for the protection of their goods.

As a part of its Elite Services, the Company is an authorized expedited transportation service provider to the U.S. Government, to whom it offers different levels of specialized service for various departments, including the Department of Defense, NASA and the Treasury Department.

Purchased transportation costs increased by $3.7 million, or 16.6%, to $25.6 million in the three-month period ended March 31, 2006 from $22.0 million in the three-month period ended March 31, 2005.

Depreciation and amortization expenses increased by $1.9 million to $2.1 million in the three-month period ended March 31, 2006 from $0.2 million in the three-month period ended March 31, 2005.

Interest expense increased by $2.3 million to $2.5 million in the three-month period ended March 31, 2006 from $0.2 million in the three-month period ended March 31, 2005.

Net income decreased by $3.0 million to $0.4 million for the three-month period ended March 31, 2006 from $3.4 million of net income in the three-month period ended March 31, 2005.