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CAROLINA FREIGHT CORPORATION DECLARES COMMON STOCK DIVIDEND

 CAROLINA FREIGHT CORPORATION DECLARES COMMON STOCK DIVIDEND
 CHERRYVILLE, N.C., July 8 /PRNewswire/ -- The Board of Directors of Carolina Freight Corporation (NYSE: CAO) declared a dividend of $.15 per share on the common stock of the Corporation at a meeting held on July 8, 1992. The dividend is payable August 7, 1992 to shareholders of record on July 24, 1992.
 Carolina Freight Corporation is a holding company which specializes in freight transportation through its subsidiaries. Its primary subsidiaries are: Carolina Freight Carriers Corporation, G.I. Trucking Company, Red Arrow Freight Lines, and Cardinal Freight Carriers. Consolidated revenue for the 52-week period ended June 13, 1992 was $781,285,001.
 -0- 7/8/92
 /CONTACT: John B. Yorke, Secretary and Assistant General Counsel, Carolina Freight Corporation, 704-435-6811/
 (CAO) CO: Carolina Freight Corporation ST: North Carolina IN: TRN SU: DIV


DF -- CH008 -- 7622 07/08/92 17:42 EDT
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Publication:PR Newswire
Date:Jul 8, 1992
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