EXHIBIT INDEX

Exhibit                                                  Page in Sequentially
                                                            Numbered Copy

99.1     Press release announcing intention to file               1
liquidation plan and cancel interests of common
shareholders.







Simon Transportation Announces Intention to File a Liquidation Plan and to
Cancel the interests of all common shareholders.


Salt Lake City, Utah, June 7, 2002 - - Simon Transportation Services, Inc.
(OTCBB SIMQE) and its subsidiary, Dick Simon Trucking, Inc. (the "Company")
announced today several important developments in its bankruptcy proceedings,
including its intention to file a liquidation plan and cancel the interests of
all common shareholders.

On April 8, 2002, the Bankruptcy Court for the District of Utah, Central
Division in Salt Lake City issued an order approving the previously announced
(see the Company's March 11, 2002 press release) bid for the acquisition of
substantially all of the assets of the Company from Central Freight Refrigerated
Services ("Central Freight"), a wholly owned subsidiary of Central Freight
Lines, Inc. an entity controlled by Mr. Jerry Moyes (the Company's current
majority stockholder).

On April 22, 2002, the Company closed the sale of substantially all of its
assets to Central Freight. In addition, Central Freight assumed certain of the
Company's liabilities. Although this transaction represented a significant
benefit to the Company, the Company's liabilities currently exceed its assets by
a substantial margin. The Company expects that unsecured creditors will receive,
at best, cents on the dollar for their claims. Accordingly, the Company does not
expect the holders of its common stock to receive any return of their investment
or any distribution under the liquidation plan.

With regard to the sale to Central and the future of the Company, Chief
Financial Officer Rob Goates said: "We are very pleased that after the sale of
substantially all of our assets, the Company's former operations and employees
have continued under the ownership and management of Central Freight
Refrigerated Services. However, following the sale it is clear that the Company
does not have sufficient assets or revenue-generating capacity to pay its
liabilities or to continue operations of any kind. It is therefore our intention
to file a liquidating plan, part of which will be a proposal to cancel the
interests of the holders of the Company's common stock. On June 6, 2002 we sent
notification to market makers in the Company's stock and major broker-dealers of
our intentions and requested that they cease making markets and trading in our
stock."


                     For additional information contact:
                       Rob Goates, Chief Financial Officer
                                (801) 924-7000