Summary of FROZEN FOOD EXPRESS INDUSTRIES INC

Item 1.01. Entry into a Material Definitive Agreement
(a) At the Registrant's Annual Meeting held on May 14, 2008, 16,300,997 of the 16,736,613 shares eligible to vote were present in person or represented by proxy. Of the voting shares, 14,251,353 (96.2%) were cast in favor of the amended and restated Frozen Food Express Industries, Inc. 2005 Non-Employee Director Restricted Stock Plan (as Restated Effective April 1, 2008). The amendment has the effect of increasing the number of shares of Common Stock that may be issued under the plan by 50 thousand shares. The amended and restated plan is filed herewith as exhibit 10.1.

Item 8.01 Other Events
(a) Effective May 14, 2008, the Registrant's Board of Directors declared a quarterly cash dividend of $.03 per share of the Registrant's Common Stock to be paid on June 13, 2008 to shareholders of record as of May 26, 2008.

(b) At the annual meeting described in Item 1.01(a) above, S. Russell Stubbs was re-elected as a Class I director, as were Barrett D. Clark and Leroy Hallman. Each Class I Director was elected to serve until the 2011 Annual Meeting. There are currently nine Directors. Brian R. Blackmarr, W. Mike Baggett and Thomas G. Yetter are Class II Directors, whose terms will expire at the 2009 Annual Meeting. Stoney M. Stubbs, T. Michael O'Connor and Jerry T. Armstrong are Class III Directors, whose terms will expire at the 2010 Annual Meeting.

(c) A meeting of the Registrant's Board of Directors was reconvened after the adjournment of the Annual Meeting, at which time the Board of Directors took the following actions:

Re-elected the persons named below to their indicated positions as Executive Officers of the Company. Each person named below was elected to serve until the 2009 annual meeting, or until their successor is named by the Board of Directors. No other aspect of any Executive Officer's position with the Company has changed, including but not limited to compensation arrangements. -Stoney M. Stubbs, Jr., Chairman, President and Chief Executive Officer (Principal Executive Officer) -S. Russell Stubbs, Senior Vice President and Chief Operating Officer
-Thomas G. Yetter, Senior Vice President, Treasurer, and Chief Financial Officer (Principal Financial and Accounting Officer) -Leonard W. Bartholomew, Corporate Secretary

Re-elected the following directors to the indicated committees for the ensuing year:

Compensation Committee Brian Blackmarr, Chairman W. Mike Baggett Barrett D. Clark Leroy Hallman Audit Committee Jerry T. Armstrong, Chairman W. Mike Baggett Leroy Hallman T. Michael O'Connor Nominating Committee Barrett D. Clark, Chairman Brian Blackmarr

(d) The company's 2005 Non-Employee Director Stock Plan provides that each non-employee director is to be awarded restricted shares at each annual meeting. Restricted share awards vest ratably over a three-year term beginning on the date of award. Accordingly, 2,576 shares of restricted stock were awarded to the following persons at the 2008 annual meeting:

  Director              Award Date  No. of Shares Price ($)
  -Jerry Armstrong     May 14, 2008     2,576       7.61
  -W. Mike Baggett     May 14, 2008     2,576       7.61
  -Brian Blackmarr     May 14, 2008     2,576       7.61
  -Barrett D. Clark    May 14, 2008     2,576       7.61
  -Leroy Hallman       May 14, 2008     2,576       7.61

-T. Michael O'Connor May 14, 2008 2,576 7.61