INCOME TAXES	3 Months Ended
Mar. 31, 2017
INCOME TAXES
INCOME TAXES	NOTE 9 – INCOME TAXES The Company’s statutory federal tax rate is 35%. State tax rates vary among states and range from approximately 1% to 6%, although some state rates are higher and a small number of states do not impose an income tax. Because of the magnitude of permanent book-tax differences compared to forecasted, annual pre-tax income, the annual effective tax rate approach does not provide a reliable estimate of income tax benefit. As a result, the Company has computed its income tax benefit for the three months ended March 31, 2017 using its actual effective tax rate. The effective tax rates for the three months ended March 31, 2017 and 2016 were 26.3% and 45.8%, respectively. The difference between the Company’s effective tax rate and the federal statutory rate primarily results from state income taxes and nondeductible expenses, including the effect of the per diem pay structure for drivers. There were no changes in uncertain tax positions during the three months ended March 31, 2017. As a result of the Business Combination, the Company had an IRS Code 1986 section 382 ownership change, which will not impair the Company’s ability to utilize the net operating losses.

INCOME TAXES

3 Months Ended

Mar. 31, 2017

NOTE 9 – INCOME TAXES

The Company’s statutory federal tax rate is 35%. State tax rates vary among states and range from approximately 1% to 6%, although some state rates are higher and a small number of states do not impose an income tax. Because of the magnitude of permanent book-tax differences compared to forecasted, annual pre-tax income, the annual effective tax rate approach does not provide a reliable estimate of income tax benefit. As a result, the Company has computed its income tax benefit for the three months ended March 31, 2017 using its actual effective tax rate. The effective tax rates for the three months ended March 31, 2017 and 2016 were 26.3% and 45.8%, respectively. The difference between the Company’s effective tax rate and the federal statutory rate primarily results from state income taxes and nondeductible expenses, including the effect of the per diem pay structure for drivers. There were no changes in uncertain tax positions during the three months ended March 31, 2017. As a result of the Business Combination, the Company had an IRS Code 1986 section 382 ownership change, which will not impair the Company’s ability to utilize the net operating losses.