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Note K - Notes Payable
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Long-term Debt [Text Block]
NOTE
K
: NOTES PAYABLE
During the
first
nine
months of
2019,
the Company’s subsidiaries entered into installment obligations totaling approximately
$61.6
million for the purpose of purchasing revenue equipment. These obligations are payable in monthly installments and are recorded in long term debt and current maturities on the Condensed Consolidated Balance Sheets. The term of these obligations ranges from
36
months for trucks to
84
 months for trailers.