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TNT FREIGHTWAYS CHANGES TO CALENDAR FISCAL YEAR

 TNT FREIGHTWAYS CHANGES TO CALENDAR FISCAL YEAR
 ROSEMONT, Ill., March 16 /PRNewswire/ -- On March 10 the board of


directors of TNT Freightways voted to change the company's fiscal year from a fiscal year concluding on the Saturday nearest to June 30 to a fiscal year concluding on the Saturday nearest to Dec. 31.
 The change will be effective for the 1991 fiscal year ending Dec. 28, 1991. According to President and CEO of TNT Freightways J.C. "Cam" Carruth, the change was made for ordinary business reasons and will not affect results of the quarter ending March 28. Results of this quarter will be announced as planned in late April. With the change to the fiscal year, the first annual stock holders meeting will be scheduled for April of 1993.
 Additionally, a transition 10-K Report will be filed with the Securities and Exchange Commission in Washington, D.C. covering the financial results for the 6 month period ending Dec. 28, 1991.
 TNT Freightways operates a group of regional less than truckload general commodities motor carriers in the United States. The company's regional trucking subsidiaries focus on overnight and second-day delivery and provide service throughout the continental United States and Canada. The company also operates an automobile port processing and refurbishing business.
 -0- 3/16/92
 /CONTACT: Ken Ball of TNT Freightways, 708-696-0200/ CO: TNT Freightways ST: Illinois IN: TRN SU:


PS -- NY094 -- 8564 03/16/92 20:42 EST
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Publication:PR Newswire
Date:Mar 16, 1992
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