**U.S.
      SECURITIES AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**




**FORM
      10-QSB**




**x**
            **QUARTERLY
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934**




**For
      the quarterly period ended March 31, 2007**




**o**
            **TRANSITION
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934**




For
      the
      transition period from




**Commission
      File #333-121764**




**SPEEDHAUL
      HOLDINGS, INC.**


(Exact
      name of registrant as specified in its charter)




**New
      Jersey**


(State
      or
      other jurisdiction of incorporation or organization)




**22-3719165**


(IRS
      Employer Identification Number)




**7
                Bayhill Boulevard, Monroe, New Jersey**
            **08831**(Address
                of principal executive offices )
            (Zip
                Code)




**(732)
      637-1296**


(Registrant’s
      telephone no., including area code)




(Former
      name, address and fiscal year, if changed since last report)




Check
      whether the issuer (1) has filed all reports required to be filed by Section
      13
      or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter
      period that the issuer was required to file such reports), and (2)has been
      subject to such filing requirements for the past 90 days. Yes x No o




Indicate
      by check mark whether the registrant is a shell company as defined in Rule
      12b-2
      of the Exchange Act.


Yes
xNoo





State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of May 11, 2007: 11,155,050 shares of common stock.




















**SPEEDHAUL
      HOLDINGS, INC.**


**FINANCIAL
      STATEMENTS**




**INDEX**




**PART
      I-- FINANCIAL INFORMATION**




Item
                1. Financial Statements




Item
                2. Management’s Discussion and Analysis of Financial
                Condition




Item
                3. Control and Procedures




**PART
      II-- OTHER INFORMATION**




Item
                1. Legal Proceedings




Item
                2. Changes in Securities




Item
                3. Defaults Upon Senior Securities




Item
                4. Submission of Matters to a Vote of Security
                Holders




Item
                5. Other Information




Item
                6. Exhibits and Reports on Form 8-K




**SIGNATURE**




**Item
      1.**  **Financial
      Information**




BASIS
      OF
      PRESENTATION




The
      accompanying reviewed financial statements are presented in accordance with
      generally accepted accounting principles for interim financial information
      and
      the instructions to Form 10-QSB and item 310 under subpart A of Regulation
      S-B.
      Accordingly, they do not include all of the information and footnotes required
      by generally accepted accounting principles for complete financial statements.
      In the opinion of management, all adjustments (consisting only of normal
      occurring accruals) considered necessary in order to make the financial
      statements not misleading, have been included. Operating results for the three
      months ended March 31, 2007 are not necessarily indicative of results that
      may
      be expected for the year ending December 31, 2007. The financial statements
      are
      presented on the accrual basis.































**SPEEDHAUL
      HOLDINGS, INC. AND SUBSIDIARY**


**(A
      DEVELOPMENT STAGE COMPANY)**


**FINANCIAL
      STATEMENTS**


**AS
      OF MARCH 31, 2007**


**(UNAUDITED)**


























**SPEEDHAUL
      HOLDINGS, INC. AND SUBSIDIARY**


**(A
      DEVELOPMENT STAGE COMPANY)**











**CONTENTS**








PAGE
            F-1
            CONDENSED
                CONSOLIDATED BALANCE SHEET AS OF MARCH 31, 2007
                (UNAUDITED)PAGE
            F-2
            CONDENSED
                CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED
                MARCH 31,
                2007 AND 2006 AND FOR THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO
                MARCH
                31, 2007 (UNAUDITED)PAGE
            F-3
            CONDENSED
                CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIENCY)
                FOR THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO MARCH 31, 2007
                (UNAUDITED)PAGE
            F-4
            CONDENSED
                CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED
                MARCH 31,
                2007 AND 2006 AND FOR THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO
                MARCH
                31, 2007 (UNAUDITED)PAGES
            F-5
                - F-11
            NOTES
                TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                (UNAUDITED)
















**Speedhaul
                  Holdings, Inc. and Subsidiary****(A
                  Development Stage Company)****Condensed
                  Consolidated Balance Sheet****March
                  31, 2007****(Unaudited)****ASSETS****Current
                  Assets**Cash
              
              $
              16,861**Total
                  Current Assets**
              
              
              16,861**Total
                  Assets**
              
              $
              16,861**LIABILITIES
                  AND STOCKHOLDERS' DEFICIENCY****Current
                  Liabilities**Accounts payable and accrued expenses
              
              
              42,871Loan payable - related party
              
              
              4,650Notes payable - related party
              
              
              35,000**Total
                  Current Liabilities**
              
              
              82,521**Stockholders'
                  Deficiency**Preferred stock, $0.0001 par value; 20,000,000 shares
                  authorized,none issued and outstanding
              
              
              -Common stock, $0.0001 par value; 100,000,000 shares
                  authorized,11,155,050 shares issued and outstanding
              
              
              1,116Additional paid-in capital
              
              
              26,783Deficit accumulated during the development stage
              
              
              (93,559
              )**Total
                  Stockholders' Deficiency**
              
              
              **(65,660**
              **)****Total
                  Liabilities and Stockholders' Deficiency**
              
              $
              **16,861**






See
      accompanying notes to unaudited condensed consolidated financial
      statements.





F-1




**Speedhauld
                  Holdings, Inc. and Subsidiary****(A
                  Development Stage Company)****Condensed
                  Consolidated Statements of Operations****For
                  the Three Months Ended March 31, 2007 and 2006
                  and****for
                  the Period from June 30, 2004 (inception) to March 31,
                  2007****(Unaudited)****June
                  30, 2004****Three
                  Months Ended March 31,**
              
              **(Inception)
                  to****2007**
              
              **2006**
              
              **March
                  31, 2007****Operating
                  Expenses**Professional
                  fees
              
              
              6,110
              
              
              6,606
              
              
              63,075Depreciation
                  expense
              
              
              -
              
              
              -
              
              
              3,312Impairment
                  of website
              
              
              -
              
              
              -
              
              
              9,938In-kind
                  contribution of services
              
              
              750
              
              
              1,750
              
              
              13,250General
                  and administrative
              
              
              2,448
              
              
              2,482
              
              
              11,760**Total
                  Operating Expenses**
              
              
              9,308
              
              
              10,838
              
              
              101,335**Loss
                  from Operations**
              
              
              (9,308
              )
              
              (10,838
              )
              
              (101,335
              )**Other
                  Income/(Expenses)**Other
                  Income
              
              
              10,000
              
              
              -
              
              
              10,000Interest
                  expense
              
              
              (595
              )
              
              (150
              )
              
              (2,224
              )**Total
                  Other Income(Expense)**
              
              
              9,405
              
              
              (150
              )
              
              7,776**Income
                  (Loss) Before Provision For Income Taxes**
              
              
              **97**
              
              
              **(10,988**
              **)**
              
              **(93,559**
              **)****Provision
                  for Income Taxes**
              
              
              -
              
              
              -**Net
                  Income (Loss)**
              
              **$**
              **97**
              
              **$**
              **(10,988**
              **)**
              **$**
              **(93,559**
              **)****Net
                  Income (Loss) Per Share - Basic and Diluted**
              
              **$**
              **0.00**
              
              **$**
              **(0.00**
              **)**
              **$**
              **(0.01**
              **)****Weighted
                  average number of shares outstanding****during
                  the period - basic and diluted**
              
              
              **11,155,050**
              
              
              **11,155,050**
              
              
              **10,954,872**






See
        accompanying notes to unaudited condensed consolidated financial
        statements.






F-2




**Speedhaul
                  Holdings, Inc. and Subsidiary**
              ******(A
                  Development Stage Company)**
              ******Condensed
                  Consolidated Statement of Stockholders' Equity
                  (Deficiency)**
              ******For
                  the period from June 30, 2004 (inception) to March 31,
                  2007****(Unaudited)**Preferred
                  Stock
              
              
              
              
              
              
              
              Deficit$.001
                  Par Value
              
              Common
                  Stock, $.001 Par Value
              
              Additional
              
              accumulated
                  during
              
              TotalStockholder'sPaid-in
              
              development
              
              EquityShares
              
              Amount
              
              Shares
              
              Amount
              
              Capital
              
              stage
              
              (Deficiency)Balance,
                  June 30, 2004 (inception)
              
              
              -
              
              $
              -
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -Common
                  stock issued to founders for cash ($0.00001 per share)
              
              
              -
              
              
              -
              
              
              10,000,000
              
              
              1,000
              
              
              11,500
              
              
              -
              
              
              12,500In-kind
                  contribution of office space
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              3,000
              
              
              -
              
              
              3,000Stock
                  issued for shares held by stockholders of Speedhaul Holdings, Inc.
                  ($0.0037 per share)
              
              
              -
              
              
              -
              
              
              1,155,050
              
              
              116
              
              
              184
              
              
              -
              
              
              300Net
                  loss for the period from June 30, 2004 to December 31, 2004
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (4,104
              )
              
              (4,104
              )Balance,
                  December 31, 2004
              
              
              -
              
              
              -
              
              
              11,155,050
              
              
              1,116
              
              
              14,684
              
              
              (4,104
              )
              
              11,696In-kind
                  contribution of office space
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              3,000
              
              
              -
              
              
              3,000Net
                  loss for the year ended December 31, 2005
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (64,630
              )
              
              (64,630
              )Balance,
                  December 31, 2005
              
              
              -
              
              
              -
              
              
              11,155,050
              
              
              1,116
              
              
              17,684
              
              
              (68,734
              )
              
              (49,934
              )In-kind
                  contribution of services
              
              
              
              
              
              
              
              
              -
              
              
              -
              
              
              6,500
              
              
              -
              
              
              6,500In-kind
                  contribution of interest
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              279
              
              
              
              
              
              279Net
                  loss for the year ended December 31, 2006
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (24,922
              )
              
              (24,922
              )Balance
                  , December 31, 2006
              
              
              -
              
              
              -
              
              
              11,155,050
              
              
              1,116
              
              
              24,463
              
              
              (93,656
              )
              
              (68,077
              )In-kind
                  contribution of services
              
              
              
              
              
              
              
              
              -
              
              
              -
              
              
              2,250
              
              
              -
              
              
              2,250In-kind
                  contribution of interest
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              70
              
              
              
              
              
              70Net
                  income for the period ended March 31, 2007
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              97
              
              
              97**Balance,
                  March 31, 2007**
              
              
              **-**
              
              
              **-**
              
              
              **11,155,050**
              
              
              **1,116**
              
              
              **26,783**
              
              
              **(93,559**
              **)**
              
              **(65,660**
              **)**




See
        accompanying notes to unaudited condensed consolidated financial
        statements.
  F-3
  **Speedhaul
                    Holdings, Inc. and Subsidiary****(A
                    Development Stage Company)****Condensed
                    Consolidated Statements of Cash Flows****For
                    the Three Months Ended March 31, 2006 and 2005
                    and****for
                    the Period from June 30, 2004 (inception) to March 31,
                    2006****(Unaudited)****June
                    30, 2004****Three
                    Months Ended March 31,**
                
                **(Inception)
                    to****2007**
                
                **2006**
                
                **March
                    31, 2006****Cash
                    Flows From Operating Activities:**Net
                    Income (Loss)
                
                $
                97
                
                $
                (10,988
                )
                $
                (93,559
                )Adjustments to reconcile net Income (loss) to net cash provided
                    by (used
                    in) operationsDepreciation
                
                
                -
                
                
                -
                
                
                3,312Imparement
                    of
                    website
                
                
                -
                
                
                -
                
                
                9,938In-kind
                    contribution
                
                
                2,320
                
                
                1,750
                
                
                15,099Changes in operating assets and liabilities:Increase
                    (Decrease) in:Accounts
                    receivable
                
                
                569
                
                
                -
                
                
                -Accounts
                    payable and accrued expenses
                
                
                525
                
                
                5,060
                
                
                42,871**Net
                    Cash provided by (Used In) Operating Activities**
                
                
                **3,511**
                
                
                **(4,178**
                **)**
                
                **(22,339**
                **)****Cash
                    Flows From Investing Activities:******Purchase
                    of intangible assets
                
                
                **-**
                
                
                **-**
                
                
                **(13,250**
                **)****Net
                    Cash Used in Investing Activities**
                
                
                **-**
                
                
                **-**
                
                
                **(13,250**
                **)****Cash
                    Flows From Financing Activities:**Proceeds
                    from stockholder loan
                
                
                -
                
                
                -
                
                
                39,650Proceeds
                    from issuance of common stock
                
                
                -
                
                
                -
                
                
                12,800**Net
                    Cash Provided by Financing Activities**
                
                
                **-**
                
                
                **-**
                
                
                **52,450****Net
                    Increase (Decrease) in Cash**
                
                
                3,511
                
                
                (4,178
                )
                
                16,861Cash
                    at Beginning of Period
                
                
                13,350
                
                
                5,090
                
                
                -**Cash
                    at End of Period**
                
                **$**
                **16,861**
                
                **$**
                **912**
                
                **$**
                **16,861****Supplemental
                    disclosure of cash flow information:**Cash
                    paid for interest
                
                $
                -
                
                $
                -
                
                $
                -Cash
                    paid for taxes
                
                $
                -
                
                $
                -
                
                $
                -
  See
          accompanying notes to unaudited condensed consolidated financial
          statements.




F-4




**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**





**NOTE
                1**
            **SUMMARY
                OF SIGNIFICANT ACCOUNTING POLICIES AND
                ORGANIZATION**





***(A)
      Basis of Presentation***





The
      accompanying unaudited condensed financial statements have been prepared in
      accordance with accounting principles generally accepted in The United States
      of
      America and the rules and regulations of the Securities and Exchange Commission
      for interim financial information. Accordingly, they do not include all the
      information necessary for a comprehensive presentation of financial position
      and
      results of operations.





It
      is
      management's opinion, however that all material adjustments (consisting of
      normal recurring adjustments) have been made which are necessary for a fair
      financial statements presentation. The results for the interim period are not
      necessarily indicative of the results to be expected for the year.





***(B)
      Organization***





Speedhaul
      Holdings, Inc. f/k/a Segway VIII Corp. (a development stage company) was
      incorporated under the laws of the State of New Jersey on April 6, 2000.
      Activities during the development stage include developing the business plan
      and
      raising capital.





Speedhaul,
      Inc. (a development stage company) was incorporated under the laws of the State
      of New Jersey on June 30, 2004. Speedhaul, Inc. plans to operate an internet
      website which offers internet subscription based load and equipment posting
      and
      searching services for the freight trucking business. The Company will gather
      load and equipment information from subscribers who participate in all segments
      of the trucking industry; trucking companies, brokers, shippers, freight
      forwarders, logistical companies and others and make that information instantly
      available through a simple and easy to use internet based software
      program.





Speedhaul
      Holdings, Inc. and its wholly owned subsidiary Speedhaul, Inc. are hereafter
      referred to as (the “Company”). All intercompany accounts and balances have been
      eliminated in the consolidation.





***(C)
      Use of Estimates***





In
      preparing financial statements in conformity with generally accepted accounting
      principles, management is required to make estimates and assumptions that affect
      the reported amounts of assets and liabilities and the disclosure of contingent
      assets and liabilities at the date of the financial statements and revenues
      and
      expenses during the reported period. Actual results could differ from those
      estimates.






F-5


**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**





***(D)
      Principles of Consolidation***





The
      consolidated financial statements include the accounts of Speedhaul Holdings,
      Inc. and its wholly owned subsidiary, Speedhaul, Inc. All significant inter
      company accounts and transactions have been eliminated.




***(E)******Cash
      and Cash Equivalents***





For
      purpose of the cash flow statements, the Company considers all highly liquid
      investments with original maturities of three months or less at the time of
      purchase to be cash equivalents.





***(F)
      Website Costs***





The
      Company has adopted the provisions of Emerging Issues Task Force 00-2,
“Accounting for Web Site Development Costs.” Costs incurred in the planning
      stage of a website are expensed as research and development while costs incurred
      in the development stage are capitalized and amortized over the life of the
      asset, estimated to be five years.





***(G)
      Long-Lived Assets***





The
      Company accounts for long-lived assets under the Statements of Financial
      Accounting Standards Nos. 142 and 144 “Accounting for Goodwill and Other
      Intangible Assets” and “Accounting for Impairment or Disposal of Long-Lived
      Assets” (“SFAS No. 142 and 144”). In accordance with SFAS No. 142 and 144,
      long-lived assets, goodwill and certain identifiable intangible assets held
      and
      used by the Company are reviewed for impairment whenever events or changes
      in
      circumstances indicate that the carrying amount of an asset may not be
      recoverable. For purposes of evaluating the recoverability of long-lived assets,
      goodwill and intangible assets, the recoverability test is performed using
      undiscounted net cash flows related to the long-lived assets.





***(H)
      Income ( Loss) Per Share***





Basic
      and
      diluted net Income (loss) per common share is computed based upon the weighted
      average common shares outstanding as defined by Financial Accounting Standards
      No. 128, “Earnings Per Share.” As of March 31, 2007 and 2006 and for the period
      from June 30, 2004 (inception) to March 31, 2007, respectively, there were
      no
      common share equivalents outstanding.









F-6


**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**


***(I)***  ***Income
      Taxes***





The
      Company accounts for income taxes under the Statement of Financial Accounting
      Standards No. 109, "Accounting for Income Taxes" ("Statement 109"). Under
      Statement 109, deferred tax assets and liabilities are recognized for the future
      tax consequences attributable to differences between the financial statement
      carrying amounts of existing assets and liabilities and their respective tax
      bases. Deferred tax assets and liabilities are measured using enacted tax rates
      expected to apply to taxable income in the years in which those temporary
      differences are expected to be recovered or settled. Under Statement 109, the
      effect on deferred tax assets and liabilities of a change in tax rates is
      recognized in income in the period that includes the enactment date.




***(J)
      Business Segments***





The
      Company operates in one segment and therefore segment information is not
      presented.





***(K)
      Recent Accounting Pronouncements***





In
      February 2006, the FASB issued SFAS No. 155, " *Accounting
      for Certain Hybrid Financial Instruments-an amendment of FASB Statements No.
      133
      and 140* ",
      to
      simplify and make more consistent the accounting for certain financial
      instruments. SFAS No. 155 amends SFAS No. 133, " *Accounting
      for Derivative Instruments and Hedging Activities* ",
      to
      permit fair value re-measurement for any hybrid financial instrument with an
      embedded derivative that otherwise would require bifurcation, provided that
      the
      whole instrument is accounted for on a fair value basis. SFAS No. 155 amends
      SFAS No. 140, " *Accounting
      for the Impairment or Disposal of Long-Lived Assets* ",
      to
      allow a qualifying special-purpose entity to hold a derivative financial
      instrument that pertains to a beneficial interest other than another derivative
      financial instrument. SFAS No. 155 applies to all financial instruments acquired
      or issued after the beginning of an entity's first fiscal year that begins
      after
      September 15, 2006, with earlier application allowed. The adoption of this
      statement is not expected to have a material effect on the Company's future
      reported financial position or results of operations.





In
      March
      2006, the FASB issued SFAS No. 156, " *Accounting
      for Servicing of Financial Assets, an amendment of FASB Statement No. 140,
      Accounting for Transfers and Servicing of Financial Assets and Extinguishments
      of Liabilities* ".
      This
      statement requires all separately recognized servicing assets and servicing
      liabilities be initially measured at fair value, if practicable, and permits
      for
      subsequent measurement using either fair value measurement with changes in
      fair
      value reflected in earnings or the amortization and impairment requirements
      of
      Statement No. 140.






F-7




**SPEEDHAUL
      HOLDINGS, INC. AND SUBSIDIARY**


**(A
      DEVELOPMENT STAGE COMPANY)**


**NOTES
      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**


**AS
      OF MARCH 31, 2007**


**(UNAUDITED)**








The
      subsequent measurement of separately recognized servicing assets and servicing
      liabilities at fair value eliminates the necessity for entities that manage
      the
      risks inherent in servicing assets and servicing liabilities with derivatives
      to
      qualify for hedge accounting treatment and eliminates the characterization
      of
      declines in fair value as impairments or direct write-downs. SFAS No. 156 is
      effective for an entity's first fiscal year beginning after September 15, 2006.
      The adoption of this statement is not expected to have a material effect on
      the
      Company's future reported financial position or results of
      operations.





In
      June
      2006, the FASB issued FASB Interpretation No. 48, *“Accounting
      for Uncertainty in Income Taxes, an interpretation of FASB Statements No.
      109”* .
      FIN 48
      clarifies the accounting for uncertainty in income taxes by prescribing a
      two-step method of first evaluating whether a tax position has met a more likely
      than not recognition threshold and second, measuring that tax position to
      determine the amount of benefit to be recognized in the financial statements.
      FIN 48 provides guidance on the presentation of such positions within a
      classified statement of financial position as well as on derecognition, interest
      and penalties, accounting in interim periods, disclosure, and transition. FIN
      48
      is effective for fiscal years beginning after December 15, 2006. The adoption
      of
      this statement is not expected to have a material effect on the Company's future
      reported financial position or results of operations.





In
      September 2006, the FASB issued SFAS No. 157, “ *Fair
      Value Measurements* ”.
      The
      objective of SFAS 157 is to increase consistency and comparability in fair
      value
      measurements and to expand disclosures about fair value measurements. SFAS
      157
      defines fair value, establishes a framework for measuring fair value in
      generally accepted accounting principles, and expands disclosures about fair
      value measurements. SFAS 157 applies under other accounting pronouncements
      that
      require or permit fair value measurements and does not require any new fair
      value measurements. The provisions of SFAS No. 157 are effective for fair value
      measurements made in fiscal years beginning after November 15, 2007. The
      adoption of this statement is not expected to have a material effect on the
      Company's future reported financial position or results of
      operations.





In
      September 2006, the FASB issued SFAS No. 158, “ *Employers’
      Accounting for Defined Benefit Pension and Other Postretirement Plans - an
      amendment of FASB Statements No. 87, 88, 106, and 132(R)* ”.
      This
      statement requires employers to recognize the over-funded or under-funded status
      of a defined benefit postretirement plan (other than a multiemployer plan)
      as an
      asset or liability in its statement of financial position and to recognize
      changes in that funded status in the year in which the changes occur through
      comprehensive income of a business entity or changes in unrestricted net assets
      of a not-for-profit organization. This statement also requires an employer
      to
      measure the funded status of a plan as of the date of its year-end statement
      of
      financial position, with limited exceptions. The provisions of SFAS No. 158
      are
      effective for employers with publicly traded equity securities as of the end
      of
      the fiscal year ending after December 15, 2006. The adoption of this statement
      is not expected to have a material effect on the Company's future reported
      financial position or results of operations.






F-8


**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**


In
      September 2006, the SEC issued Staff Accounting Bulletin (“SAB”) No. 108,
“ *Considering
      the Effects of Prior Year Misstatements when Quantifying Misstatements in
      Current Year Financial Statements* .”
SAB
      No. 108 addresses how the effects of prior year uncorrected misstatements should
      be considered when quantifying misstatements in current year financial
      statements. SAB No. 108 requires companies to quantify misstatements using
      a
      balance sheet and income statement approach and to evaluate whether either
      approach results in quantifying an error that is material in light of relevant
      quantitative and qualitative factors. SAB No. 108 is effective for period ending
      after November 15, 2006. The Company is currently evaluating the impact of
      adopting SAB No. 108 but does not expect that it will have a material effect
      on
      its financial statements.





In
      February 2007, the Financial Accounting Standards Board (FASB) issued SFAS
      No.
      159, “ *The
      Fair Value Option for Financial Assets and Financial Liabilities - Including
      an
      Amendment of FASB Statement No. 115* ”.
      This
      statement permits entities to choose to measure many financial instruments
      and
      certain other items at fair value. Most of the provisions of SFAS No. 159 apply
      only to entities that elect the fair value option. However, the amendment to
      SFAS No. 115 “ *Accounting
      for Certain Investments in Debt and Equity Securities* ”
applies
      to all entities with available-for-sale and trading securities. SFAS No. 159
      is
      effective as of the beginning of an entity’s first fiscal year that begins after
      November 15, 2007. Early adoption is permitted as of the beginning of a fiscal
      year that begins on or before November 15, 2007, provided the entity also elects
      to apply the provision of SFAS No. 157, “ *Fair
      Value Measurements”.* The
      adoption of this statement is not expected to have a material effect on the
      Company's financial statements.





**NOTE
                2**
            **PROPERTY
                AND EQUIPMENT**





Property
      and equipment at March 31, 2007 consisted of the following:




Website
                  Development Costs
              
              $
              13,250Accumulated
                  Depreciation
              
              
              3,312Impairment
              
              
              9,938$
              -





During
      2005, the Company recognized an impairment of its website of
      $9,938.





**NOTE
                3**
            **LOAN
                PAYABLE - RELATED
                PARTY**





During
      2004, the Company received a working capital loans from a stockholder of $5,000
      and $4,500 totaling $9,500 and repaid $4,850 during 2004.






F-9


**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**


The
      outstanding balance at March 31, 2007 for all related party loans was
      $4,650





**NOTE
                4**
            **NOTE
                PAYABLE -RELATED PARTY**





During
      2005, the Company received a note payable of $10,000 from a law firm related
      to
      two stockholders of the Company. The note bears interest at 6%, is unsecured
      and
      due on November 8, 2006. The outstanding loan balance at March 31, 2007 was
      $10,000. The note is currently in default.





During
      the 2006, the Company received working capital note payable from a stockholder
      in the amount of $25,000. The note bears interest at 6%, is unsecured and due
      on
      demand.





The
      outstanding balance at March 31, 2007 for all related party notes was
      $35,000.





**NOTE
                5**
            **STOCKHOLDERS’
                DEFICIENCY**





***(A)
      Common Stock Issued for Cash***





On
      June
      30, 2004, the Company issued 10,000,000 shares of common stock to its founder
      for cash of $300 ($0.00003 per share).





***(B)
      Common Stock Issued in Reverse Merger***





On
      December 20, 2004, Speedhaul Holdings, Inc. exchanged 1,115,383 shares of common
      stock for all the outstanding shares of Speedhaul, Inc.





***(C)
      In-Kind Contribution***





Since
      inception to March 31, 2007, the Company recorded $14,750 of in-kind services
      provided. Of the total, $9,750 was for rent expense for space provided by its
      majority stockholder. The remaining $5,000 was for services
      provided.





Since
      inception to March 31, 2007, the Company recorded $349 of in-kind interest
      expense.





***(D)
      Stock Split***





D uring
      November 2005, the Company declared a 1 for 1.5 common stock split effective
      to
      stockholders of record on November 13, 2005. Per share and weighted average
      amounts have been retroactively restated in the accompanying financial
      statements and related notes to reflect this stock split.






F-10


**SPEEDHAUL
        HOLDINGS, INC. AND SUBSIDIARY**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 2007**
 **(UNAUDITED)**


During
      January 2007, the Company declared a 3 for 1 common stock reverse split
      effective to stockholders of record on January 23, 2007. Per share and weighted
      average amounts have been retroactively restated in the accompanying financial
      statements and related notes to reflect this stock split.


**NOTE
                  6**
              **RELATED
                  PARTY TRANSACTIONS**


See
      Notes
      3, 4 and 5.





**NOTE
                7**
            **GOING
                CONCERN**





As
      reflected in the accompanying financial statements, the Company is in the
      development stage, has a working capital and stockholders’ deficiency of $65,660
      and losses from inception of $93,559. These factors raise substantial doubt
      about its ability to continue as a going concern. The ability of the Company
      to
      continue as a going concern is dependent on the Company’s ability to raise
      additional capital and implement its business plan. The financial statements
      do
      not include any adjustments that might be necessary if the Company is unable
      to
      continue as a going concern.





Management
      believes that actions presently being taken to obtain additional funding and
      implement its strategic plans provide the opportunity for the Company to
      continue as a going concern.
















F-11




**Item
      2.**  **Management’s
      Discussion and Analysis or Plan of Operation**




**Plan
      of Operations**





Overview





We
      are a
      development stage company that is currently implementing its business plan
      to
      operate an internet website which offers internet subscription based load and
      equipment posting and searching services for the freight trucking business.
      The
      Company will gather load and equipment information from subscribers who
      participate in all segments of the trucking industry; trucking companies,
      brokers, shippers, freight forwarders, logistical companies and others and
      make
      that information instantly available through a simple and easy to use internet
      based software program.





No
      revenues have been generated to date and we expect limited revenues until we
      raise additional funds and therefore we will continue to operate on a reduced
      budget until such time. Since we have been unable to raise additional funds
      we
      have had to limit our operations. Mr. Andrew Norins, our sole officer, director
      and principal shareholder, has agreed that he will continue to cover the costs
      for our operations until additional funds become available. Although we have
      no
      commitments for capital, other than verbal assurances from Mr. Norins, we
      may raise additional funds through equity or debt transactions.





To
      date
      we have not been able to raise additional funds through either debt or equity
      offerings. Without this additional cash we have been unable to pursue our plan
      of operations and commence generating revenue. We believe that we may not be
      able to raise the necessary funds to continue to pursue our business operations.
      If we can not raise funds in the immediate future, we intend to cease the
      pursuit of our business plan and actively seek out and investigate possible
      business opportunities with the intent to acquire or merge with one or more
      business ventures.




**Liquidity
      and Capital Resources**





In
      November 2005, we received a loan from a shareholder in the amount of $10,000
      and in July 2006 we received an additional loan from Andrew Norins, our sole
      officer and director in the amount of $25,000. The note bears interest at 6%,
      is
      unsecured and due on demand.





Andrew
      Norins, our sole officer, director and principal shareholder has agreed to
      provide additional financing to us in the future until we are able to receive
      adequate funding to expand our business operations. There is no set amount
      that
      Andrew Norins has agreed to fund although such amount will be enough to cover
      our costs for our operations until additional funds become available. It is
      intended that the loans will be made without interest and shall call for
      payments in twelve months. Although Mr. Norins has assured us that he will
      cover the costs of operations, we have no legal recourse if he fails to do
      so.





We
      do not
      anticipate the purchase or sale of any significant equipment. We expect to
      increase the number of employees by hiring two full time administrative
      employees and one full time employee for sales & marketing once we have
      successfully completed our financing.





We
      have
      not identified such employees nor had any discussions with potential candidates.
      Depending on business we may sub-contract with sales and marketing entities
      to
      undertake marketing on our behalf. At this time we have not entered into any
      agreements or negotiations with sales and marketing entities to undertake
      marketing for us.





The
      foregoing represents our best estimate of our cash needs based on current
      planning and business conditions. The exact allocation, purposes and timing
      of
      any monies raised in subsequent private financings may vary significantly
      depending upon the exact amount of funds raised and status of our business
      plan.
      In the event we are not successful in reaching our initial revenue targets,
      additional funds may be required and we would then not be able to proceed with
      our business plan for the development and marketing of our core products and
      services. Should this occur, we would likely seek additional financing to
      support the continued operation of our business. We anticipate that depending
      on
      market conditions and our plan of operations, we could incur operating losses
      in
      the foreseeable future. We base this expectation, in part, on the fact that
      we
      may not be able to generate enough gross profit from our advertising and new
      products to cover our operating expenses.




As
      of
      March 31, 2007, we had total assets of $16,861consisting solely of cash of
      $16,861. As of March 31,2007 our total current liabilities amounted to $82,521.
      Our general and administrative expenses are expected to average $2,788 per
      month
      for the next 12 months. We do not have plans to pay any salary to our sole
      officer and employee for the next 12 months. However, we still do not have
      sufficient cash to meet our minimum expenses for the next 12 months and we
      will
      be unable to expand on our business unless we are successful in raising
      additional capital. In addition, we will need to raise additional capital to
      continue our operations past 12 months, and there is no assurance we will be
      successful in raising the needed capital. Currently our web site is not
      operational due to technical issues.




As
      reflected in the accompanying financial statements, we are in the development
      stage with limited operations. This raises substantial doubt about our ability
      to continue as a going concern. Our ability to continue as a going concern
      is
      dependent on our ability to raise additional capital and implement our business
      plan. The financial statements do not include any adjustments that might be
      necessary if we are unable to continue as a going concern.




As
      of
      March 31, 2007 and the current date, we have been unable to obtain financing
      and
      no revenues have been generated to date. We expect limited revenues until we
      raise additional funds and therefore we will continue to operate on a reduced
      budget until such time. If we are unable to raise additional funds in the
      immediate future we may have to limit our operations to an extent not presently
      determinable by management. Currently we have no material commitments for
      capital expenditures. We do not have any external source of funding except
      that
      Andrew Norins has agreed to provide financing to us in the future until we
      are
      able to receive additional funding. Management believes that, even though our
      auditors have expressed doubt about our ability to continue as a going concern.





**Recent
      Accounting Pronouncements**




In
      February 2006, the FASB issued SFAS No. 155, " *Accounting
      for Certain Hybrid Financial Instruments-an amendment of FASB Statements No.
      133
      and 140* ",
      to
      simplify and make more consistent the accounting for certain financial
      instruments. SFAS No. 155 amends SFAS No. 133, " *Accounting
      for Derivative Instruments and Hedging Activities* ",
      to
      permit fair value re-measurement for any hybrid financial instrument with an
      embedded derivative that otherwise would require bifurcation, provided that
      the
      whole instrument is accounted for on a fair value basis. SFAS No. 155 amends
      SFAS No. 140, " *Accounting
      for the Impairment or Disposal of Long-Lived Assets* ",
      to
      allow a qualifying special-purpose entity to hold a derivative financial
      instrument that pertains to a beneficial interest other than another derivative
      financial instrument. SFAS No. 155 applies to all financial instruments acquired
      or issued after the beginning of an entity's first fiscal year that begins
      after
      September 15, 2006, with earlier application allowed. The adoption of this
      statement is not expected to have a material effect on the Company's future
      reported financial position or results of operations.





In
      March
      2006, the FASB issued SFAS No. 156, " *Accounting
      for Servicing of Financial Assets, an amendment of FASB Statement No. 140,
      Accounting for Transfers and Servicing of Financial Assets and Extinguishments
      of Liabilities* ".
      This
      statement requires all separately recognized servicing assets and servicing
      liabilities be initially measured at fair value, if practicable, and permits
      for
      subsequent measurement using either fair value measurement with changes in
      fair
      value reflected in earnings or the amortization and impairment requirements
      of
      Statement No. 140.




The
      subsequent measurement of separately recognized servicing assets and servicing
      liabilities at fair value eliminates the necessity for entities that manage
      the
      risks inherent in servicing assets and servicing liabilities with derivatives
      to
      qualify for hedge accounting treatment and eliminates the characterization
      of
      declines in fair value as impairments or direct write-downs. SFAS No. 156 is
      effective for an entity's first fiscal year beginning after September 15, 2006.
      The adoption of this statement is not expected to have a material effect on
      the
      Company's future reported financial position or results of
      operations.











In
        June
        2006, the FASB issued FASB Interpretation No. 48, *“Accounting
        for Uncertainty in Income Taxes, an interpretation of FASB Statements No.
        109”* .
        FIN 48
        clarifies the accounting for uncertainty in income taxes by prescribing a
        two-step method of first evaluating whether a tax position has met a more
        likely
        than not recognition threshold and second, measuring that tax position to
        determine the amount of benefit to be recognized in the financial statements.
        FIN 48 provides guidance on the presentation of such positions within a
        classified statement of financial position as well as on derecognition, interest
        and penalties, accounting in interim periods, disclosure, and transition.
        FIN 48
        is effective for fiscal years beginning after December 15, 2006. The adoption
        of
        this statement is not expected to have a material effect on the Company's
        future
        reported financial position or results of operations.
 
 In
        September 2006, the FASB issued SFAS No. 157, “ *Fair
        Value Measurements* ”.
        The
        objective of SFAS 157 is to increase consistency and comparability in fair
        value
        measurements and to expand disclosures about fair value measurements. SFAS
        157
        defines fair value, establishes a framework for measuring fair value in
        generally accepted accounting principles, and expands disclosures about fair
        value measurements. SFAS 157 applies under other accounting pronouncements
        that
        require or permit fair value measurements and does not require any new fair
        value measurements. The provisions of SFAS No. 157 are effective for fair
        value
        measurements made in fiscal years beginning after November 15, 2007. The
        adoption of this statement is not expected to have a material effect on the
        Company's future reported financial position or results of
        operations.
 
 In
        September 2006, the FASB issued SFAS No. 158, “ *Employers’
        Accounting for Defined Benefit Pension and Other Postretirement Plans - an
        amendment of FASB Statements No. 87, 88, 106, and 132(R)* ”.
        This
        statement requires employers to recognize the over-funded or under-funded
        status
        of a defined benefit postretirement plan (other than a multiemployer plan)
        as an
        asset or liability in its statement of financial position and to recognize
        changes in that funded status in the year in which the changes occur through
        comprehensive income of a business entity or changes in unrestricted net
        assets
        of a not-for-profit organization. This statement also requires an employer
        to
        measure the funded status of a plan as of the date of its year-end statement
        of
        financial position, with limited exceptions. The provisions of SFAS No. 158
        are
        effective for employers with publicly traded equity securities as of the
        end of
        the fiscal year ending after December 15, 2006. The adoption of this statement
        is not expected to have a material effect on the Company's future reported
        financial position or results of operations.
 
 In
        September 2006, the SEC issued Staff Accounting Bulletin (“SAB”) No. 108,
“ *Considering
        the Effects of Prior Year Misstatements when Quantifying Misstatements in
        Current Year Financial Statements* .”
SAB
        No. 108 addresses how the effects of prior year uncorrected misstatements
        should
        be considered when quantifying misstatements in current year financial
        statements. SAB No. 108 requires companies to quantify misstatements using
        a
        balance sheet and income statement approach and to evaluate whether either
        approach results in quantifying an error that is material in light of relevant
        quantitative and qualitative factors. SAB No. 108 is effective for period
        ending
        after November 15, 2006. The Company is currently evaluating the impact of
        adopting SAB No. 108 but does not expect that it will have a material effect
        on
        its financial statements.
 
 In
        February 2007, the Financial Accounting Standards Board (FASB) issued SFAS
        No.
        159, “ *The
        Fair Value Option for Financial Assets and Financial Liabilities - Including
        an
        Amendment of FASB Statement No. 115* ”.
        This
        statement permits entities to choose to measure many financial instruments
        and
        certain other items at fair value. Most of the provisions of SFAS No. 159
        apply
        only to entities that elect the fair value option. However, the amendment
        to
        SFAS No. 115 “ *Accounting
        for Certain Investments in Debt and Equity Securities* ”
applies
        to all entities with available-for-sale and trading securities. SFAS No.
        159 is
        effective as of the beginning of an entity’s first fiscal year that begins after
        November 15, 2007. Early adoption is permitted as of the beginning of a fiscal
        year that begins on or before November 15, 2007, provided the entity also
        elects
        to apply the provision of SFAS No. 157, “ *Fair
        Value Measurements”.* The
        adoption of this statement is not expected to have a material effect on the
        Company's financial statements.





**Critical
      Accounting Policies**




Speedhaul
      Holdings’ financial statements and related public financial information are
      based on the application of accounting principles generally accepted in the
      United States (“GAAP”). GAAP requires the use of estimates; assumptions,
      judgments and subjective interpretations of accounting principles that have
      an
      impact on the assets, liabilities, revenue and expense amounts reported. These
      estimates can also affect supplemental information contained in our external
      disclosures including information regarding contingencies, risk and financial
      condition. We believe our use of estimates and underlying accounting assumptions
      adhere to GAAP and are consistently and conservatively applied. We base our
      estimates on historical experience and on various other assumptions that we
      believe to be reasonable under the circumstances. Actual results may differ
      materially from these estimates under different assumptions or conditions.
      We
      continue to monitor significant estimates made during the preparation of our
      financial statements.











Our
      significant accounting policies are summarized in Note 1 of our financial
      statements. While all these significant accounting policies impact its financial
      condition and results of operations, Speedhaul Holdings views certain of these
      policies as critical. Policies determined to be critical are those policies
      that
      have the most significant impact on Speedhaul Holdings’ consolidated financial
      statements and require management to use a greater degree of judgment and
      estimates. Actual results may differ from those estimates. Our management
      believes that given current facts and circumstances, it is unlikely that
      applying any other reasonable judgments or estimate methodologies would cause
      effect on our consolidated results of operations, financial position or
      liquidity for the periods presented in this report.




**Off-Balance
      Sheet Arrangements**





We
      do not
      have any off-balance sheet arrangements, financings, or other relationships
      with
      unconsolidated entities or other persons, also known as “special purpose
      entities” (SPEs).




**Item
        3. **Controls
        and Procedures****




**Evaluation
      of Disclosure Controls and Procedures**





Under
      the
      supervision and with the participation of our management, including our
      principal executive officer and principal financial officer, we conducted an
      evaluation of our disclosure controls and procedures, as such term is defined
      under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
      Exchange Act of 1934, as amended (Exchange Act), as of March 31, 2007. Based
      on
      this evaluation, our principal executive officer and principal financial officer
      have concluded that our disclosure controls and procedures are effective to
      ensure that information required to be disclosed by us in the reports we file
      or
      submit under the Exchange Act is recorded, processed, summarized, and reported
      within the time periods specified in the Securities and Exchange Commission's
      rules and forms and that our disclosure and controls are designed to ensure
      that
      information required to be disclosed by us in the reports that we file or submit
      under the Exchange Act is accumulated and communicated to our management,
      including our principal executive officer and principal financial officer,
      or
      persons performing similar functions, as appropriate to allow timely decisions
      regarding required disclosure.





**Changes
      in Internal Controls**





There
      were no changes (including corrective actions with regard to significant
      deficiencies or material weaknesses) in our internal controls over financial
      reporting that occurred during the first quarter of fiscal 2007 that has
      materially affected, or is reasonably likely to materially affect, our internal
      control over financial reporting.




















**PART
      II - OTHER INFORMATION**




Item
      1.Legal
      Proceedings.




The
      Company is currently not a party to any pending legal proceedings and no such
      action by, or to the  best
      of
      its knowledge, against the Company has been threatened.




Item
      2.Changes
      in Securities.





None




Item
      3.Defaults
      Upon Senior Securities.





None




Item
      4.Submission
      of Matters to a Vote of Security Holders.




No
      matter
      was submitted during the quarter ending March 31, 2007, covered by this report
      to a vote of the Company’s shareholders, through the solicitation of proxies or
      otherwise.




Item
      5.Other
      Information.




None




Item
      6.Exhibits
      and Reports of Form 8-K.




**(a)**
              **Exhibits**31.1
                  Certification pursuant to Section 302 of Sarbanes Oxley Act of
                  200232.1
                  Certification pursuant to Section 906 of Sarbanes Oxley Act of
                  2002**(b)**
              **Reports
                  of Form 8-K**None





**SIGNATURES**




In
      accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
      this report to be signed on its behalf by the undersigned, there unto duly
      authorized.




**SPEEDHAUL
                  HOLDINGS, INC.**By:
              /*s/
                  Andrew Norins*Andrew
                  Norins,President,
                  Chief Executive Officer,Chief
                  Financial Officer, Secretary &Director




Date:
      May
      11, 2007