Mr. Stubbs, Jr. stated, "FFE has been a part of my family for my entire life and I have enjoyed every moment of my time here. There comes a time to pass on the reins and I think that time has come. I like the management team we have assembled and I know Russell will do a fine job in leading the company forward as the new CEO. I will continue to enjoy my service on the Board and as an active member of the various trucking associations. I want to thank all that I've known and worked with for a great life as a trucker."
Mr. Russell Stubbs added, "Mit has been a true titan in temperature controlled trucking. His leadership, wisdom and foresight have meant a lot to our company, the industry and me personally. I am excited at the opportunity I now have to continue the great tradition of this company and look forward to many successful years ahead."
About FFE Transportation Services, Inc.
FFE Transportation Services, Inc. is one of the leading temperature-controlled truckload and less-than-truckload carriers in the United States with core operations in the transport of temperature-controlled products and perishable goods including food, health care and confectionery products. Service is offered in over-the-road and intermodal modes for temperature-controlled truckload and less-than-truckload, as well as dry truckload. The Company also provides brokerage/logistics and dedicated services to our customers.Additional information about Frozen Food Express Industries, Inc. can be found at http://www.ffeinc.com . To join our email alert list, please click the following link: http://financials.ffex.net/alerts.cfm . The Company's common stock is traded on the NASDAQ Global Select market under the symbol FFEX. The FFE Transportation Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3209
CONTACT: Frozen Food Express Industries, Inc. Russell Stubbs, President and CEO John Hickerson, Executive VP and COO John McManama, Senior VP and CFO (214) 630-8090 email@example.com