FROZEN FOOD EXPRESS INDUSTRIES INC
10-C, 1995-02-27
TRUCKING (NO LOCAL)
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<PAGE>
 
Form 10-C


Securities and Exchange Commission
Washington, DC  20549


Report by issuer of securities quoted on The Nasdaq Stock Market, filed pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934 and Rule 13a-17 or
15d-17 thereunder.


EXACT NAME OF ISSUER AS SPECIFIED 
IN CHARTER:  Frozen Food Express Industries, Inc.
           -------------------------------------------------------------------

ADDRESS OF PRINCIPAL 
EXECUTIVE OFFICES:  1145 Empire Central Place, Dallas, TX  75247
                   -----------------------------------------------------------

ISSUER'S TELEPHONE NUMBER (INCLUDING AREA CODE):   (214) 630-8090
                                                ------------------------------


I. Change in Number of Shares Outstanding
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:


1.  Title of security   Common Stock $1.50 par value
                      --------------------------------------------------------

2.  Number of shares outstanding before the change  12,824,052 (as of 2/23/95)
                                                   ---------------------------

3.  Number of shares outstanding after the change  16,280,015 
                                                  ----------------------------

4.  Effective date of change   3/3/95 (stock dividend payment date)
                             -------------------------------------------------

5.  Method of change       25% stock dividend
                     ---------------------------------------------------------
Specify method (such as merger, acquisition, exchange, distribution, stock 
split, reverse split, acquisition of 
stock for treasury, etc.)      25% stock dividend
                          ----------------------------------------------------
Give brief description of transaction   25% stock dividend
                                      ----------------------------------------


II. Change in Name of Issuer

1.  Name prior to change 
                         -----------------------------------------------------

2.  Name after change
                      --------------------------------------------------------

3.  Effective date of charter amendment changing name
                                                      ------------------------

4.  Date of shareholder approval of change, if required
                                                       -----------------------


   2/8/95                 /s/ Thomas G. Yetter               Treasurer
- - - - ------------------------------------------------------------------------------
DATE                 OFFICER'S SIGNATURE AND TITLE

Return To:    The Nasdaq Stock Market
              Attn: 10C Form
              80 Merritt Boulevard
              Trumbull, CT  06611
              (203) 375-9609

(C) October 1993.  The Nasdaq Stock Market, Inc.  All rights reserved.  NASD and
Nasdaq are registered service marks of the National Association of Securities 
Dealers, Inc. (NASD).  The Nasdaq Stock Market is a service mark of NASD.
<PAGE>
 
The Nasdaq Stock Market/(SM)/
Cash Dividend/Distribution Notification
(Pursuant To SEC Rule 10b-17)*

Instructions:  Please print or type.  Fill in only appropriate section(s).  The 
information contained on this form shall be deemed public information unless 
clearly noted otherwise.

*This form may be duplicated and may be used for notification of a distribution 
 of securities of another issuer.

COMPLETE CORPORATE NAME:  Frozen Food Express Industries, Inc.
                        --------------------------------------------------------

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES:  1145 Empire Central Place
                                       -----------------------------------------

CITY/STATE/ZIP CODE:                     Dallas, TX  75247
                    ------------------------------------------------------------

TELEPHONE: (214) 630-8090 
          ----------------------------------------------------------------------


CLASS OF SECURITY:            Common Stock $1.50 par value
                  --------------------------------------------------------------

CUSIP/CINS NUMBER:            359360  10   4
                  --------------------------------------------------------------

TRANSFER AGENT NAME:          The First National Bank of Boston
                    ------------------------------------------------------------

SHARES OUTSTANDING:           12,820,252 (before 25% stock dividend; approx. 
                   -------------------------------------------------------------
                              16,025,315 after)
                   -------------------------------------------------------------


DATE OF DECLARATION:   2/8/95
                    ------------------------------------------------------------

AMOUNT OF CASH PER SHARE:         3 cents on post-split shares
                         -------------------------------------------------------

RECORD DATE:                  2/23/95
            --------------------------------------------------------------------

DATE OF DISTRIBUTION/PAYMENT:  3/3/95
                             ---------------------------------------------------

ANNUAL CASH DIVIDEND RATE:     (indicated) 12 cents on post-split shares
                          ------------------------------------------------------

EXPLAIN ANY CONDITIONS WHICH MUST BE MET (FOR EXAMPLE, SHAREHOLDER APPROVAL, 
GOVERNMENT APPROVAL, S.E.C. REGISTRATION, ETC.) FOR THIS DISTRIBUTION TO BECOME 
EFFECTIVE: 
          ----------------------------------------------------------------------
                                none
- - - - --------------------------------------------------------------------------------


CONTACT NAME:                Thomas G. Yetter
             -------------------------------------------------------------------

TITLE:                       Treasurer
      --------------------------------------------------------------------------

ADDRESS (IF DIFFERENT THAN ABOVE):    same
                                  ----------------------------------------------

CITY/STATE/ZIP CODE:        
                    ------------------------------------------------------------

TELEPHONE:(   )
               -----------------------------------------------------------------

                                 Treasurer                February 27, 1995
- - - - --------------------------------------------         ---------------------------
OFFICER'S SIGNATURE AND TITLE                        DATE


Return To:   The Nasdaq Stock Market
             Attn: 10b-17 Form
             80 Merritt Boulevard
             Trumbull, CT 06611
             (203) 375-9609


(C) October 1993.  The Nasdaq Stock Markets, Inc.  All rights reserved.  The 
Nasdaq Stock Market is a service mark of the National Association of Securities 
Dealers, Inc.


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