- Definition

A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months.

+ References+ Details

Note 5 - Claims Liabilities (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2013 Truck Coverage [Member]	Dec. 31, 2013 Cargo Loss Coverage [Member]	Dec. 31, 2013 Auto Liability [Member]	Oct. 02, 2013 Trailers [Member]	Dec. 31, 2013 Letter of Credit [Member]
Note 5 - Claims Liabilities (Details) [Line Items]
Per Occurrence Deductibles		$ 2,500	$ 10,000	$ 2,500	$ 2,500
Workers Compensation Self Insured Retention	500,000
Workers Compensation Per Occurrence Excess Policy	500,000
Line of Credit Facility, Amount Outstanding						1,101,000
Certificates of Deposit, at Carrying Value	300,000
Stop Loss For Self Insurance For Employee Health Claims Per Covered Employee Per Year	$ 275,000