PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2017

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

The components of property and equipment are as follows at March 31, 2017 and December 31, 2016 (in thousands):

	2017		2016
Revenue equipment	$	394,174	$	398,394
Buildings and improvements		42,970		43,000
Furniture and fixtures, office and computer equipment and vehicles		15,274		14,421
		452,418		455,815
Accumulated depreciation		(149,383)		(137,068)
	$	303,035	$	318,747

Depreciation expense on property and equipment was $14.9 million and $15.3 million for the three months ended March 31, 2017, and 2016, respectively.