UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                         Washington, DC 20549-1004
                   ------------------------------------

                                FORM 10-Q

                               (Mark One)
(X)      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2000

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


                      Commission File Number 0-27208

                    Simon Transportation Services Inc.
         (Exact name of registrant as specified in its charter)



           Nevada                                       87-0545608
(State or other jurisdiction of          (I.R.S. employer identification number)
 incorporation or organization)


                            5175 West 2100 South
                        West Valley City, Utah 84120
                               (801) 924-7000
              (Address, including zip code, and telephone number,
                     including area code, of registrant's
                          principal executive office)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2)  has  been  subject  to the  filing
requirements for at least the past 90 days.


                                                               YES X NO
                                                                   -


Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date (July 31, 2000).

            Class A Common Stock, $.01 par value: 5,372,958 shares
            Class B Common Stock, $.01 par value:   913,751 shares

                                                     Exhibit Index is on Page 13


<PAGE>



                          SIMON TRANSPORTATION SERVICES INC.
                                  TABLE OF CONTENTS

                                       PART I

                               FINANCIAL INFORMATION

<TABLE>
<CAPTION>

                                                                                                         PAGE
                                                                                                        NUMBER

<S>           <C>                                                                                       <C>
Item 1.       Financial Statements:

              Condensed consolidated statements of financial position as of
                       June 30, 2000 and September 30, 1999                                                3

              Condensed consolidated statements of earnings for the three months and nine
                       months ended June 30, 2000 and 1999                                                 4

              Condensed consolidated statements of cash flows for the nine months ended June
                       30, 2000 and 1999                                                                   5

              Notes to condensed consolidated financial statements                                         6

Item 2.       Management's discussion and analysis of financial condition and results of
                       operations                                                                          7



                                                  PART II

                                             OTHER INFORMATION



Item 1.       Legal Proceedings                                                                           12

Item 2.       Changes in Securities                                                                       12

Item 3.       Defaults Upon Senior Securities                                                             12

Item 4.       Submission of Matters to a Vote of Security Holders                                         12

Item 5.       Other Information                                                                           12

Item 6.       Exhibits and Reports on Form 8-K                                                            13

</TABLE>

<PAGE>



<TABLE>
<CAPTION>
                                                  SIMON TRANSPORTATION SERVICES INC.
                                        CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

                                                                ASSETS

<S>                                                                     <C>                          <C>
                                                                                  June 30, 2000           September 30, 1999
                                                                                  -------------           ------------------
                                                                                   (Unaudited)
Current Assets:
         Cash                                                                     $   6,158,612               $    8,658,268
         Receivables, net of allowance for doubtful accounts of
         $260,000 and $285,000, respectively                                         26,635,241                   22,862,685
         Operating supplies                                                           1,667,520                    1,468,216
         Prepaid expenses and other                                                   5,148,881                    5,367,117
                                                                         -----------------------     ------------------------
                  Total current assets                                               39,610,254                   38,356,286
                                                                         -----------------------     ------------------------

Property and Equipment, at cost:
         Land                                                                         8,387,972                    8,387,972
         Revenue equipment                                                           42,089,929                   45,089,385
         Buildings and improvements                                                  18,572,335                   18,484,326
         Office furniture and equipment                                               9,119,369                    8,889,433
                                                                         -----------------------     ------------------------
                                                                                     78,169,605                   80,851,116
         Less accumulated depreciation and amortization                             (26,070,812)                 (23,203,536)
                                                                         -----------------------     ------------------------
                                                                                     52,098,793                   57,647,580
                                                                         -----------------------     ------------------------
Other Assets                                                                            746,042                      726,140
                                                                         -----------------------     ------------------------
                                                                                  $  92,455,089               $   96,730,006
                                                                         =======================     ========================

                                                 LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
         Current portion of long-term debt                                        $   3,491,688               $    7,459,577
         Current portion of capitalized lease obligations                             2,020,299                    1,855,675
         Accounts payable                                                             5,304,928                    6,108,118
         Accrued liabilities                                                          3,353,364                    3,419,629
         Accrued claims payable                                                       2,004,171                    1,970,336
                                                                         -----------------------     ------------------------
                  Total current liabilities                                          16,174,450                   20,813,335
                                                                         -----------------------     ------------------------

Long-Term Debt, net of current portion                                               13,000,000                   11,718,580
                                                                         -----------------------     ------------------------
Capitalized Lease Obligations, net of current portion                                        --                      589,181
                                                                         -----------------------     ------------------------
Deferred Income Taxes                                                                 7,665,063                    7,665,063
                                                                         -----------------------     ------------------------

Stockholders' Equity:
         Preferred stock, $.01 par value, 5,000,000 shares
           authorized, none issued                                                           --                           --
         Class A common stock, $.01 par value, 20,000,000
           shares authorized, 5,372,958 and 5,372,683
           shares issued, respectively                                                   53,730                       53,727
         Class B common stock, $.01 par value, 5,000,000
           shares authorized, 913,751 shares issued                                       9,138                        9,138
         Treasury stock, 176,600 shares held at cost                                 (1,053,147)                  (1,053,147)
         Additional paid-in capital                                                  48,279,728                   48,277,256
         Retained earnings                                                            8,326,127                    8,656,873
                                                                         -----------------------     ------------------------
                  Total stockholders' equity                                         55,615,576                   55,943,847
                                                                         -----------------------     ------------------------
                                                                                  $  92,455,089               $   96,730,006
                                                                         =======================     ========================
<FN>
                               The accompanying notes to condensed  consolidated
                               financial  statements  are  an  integral  part of
                               these    condensed     consolidated     financial
                               statements.
</FN>
</TABLE>



<PAGE>
<TABLE>
<CAPTION>


                                                  SIMON TRANSPORTATION SERVICES INC.
                                             CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
                                                              (Unaudited)

                                                               For the Three Months Ended           For the Nine Months Ended
                                                          --------------------------------------------------------------------------
<S>                                                       <C>                  <C>                <C>                 <C>
                                                            June 30, 2000      June 30, 1999      June 30, 2000       June 30, 1999
                                                            -------------      -------------      -------------       -------------

Operating Revenue                                            $ 60,947,670       $ 53,599,181       $169,966,928        $155,862,817
                                                          --------------------------------------------------------- ----------------

Operating Expenses:
         Salaries, wages, and benefits                         24,720,374         23,197,573         69,483,898          67,933,038
         Fuel & fuel taxes                                     13,824,960          9,614,285         36,394,774          26,916,966
         Operating supplies and expenses                        7,221,985          7,446,816         20,466,909          21,634,545
         Taxes and licenses                                     1,682,139          1,629,903          5,072,350           5,545,865
         Insurance and claims                                   1,925,803          1,849,620          4,937,940           4,966,929
         Communications and utilities                           1,003,943          1,121,009          2,811,961           3,271,198
         Depreciation and amortization                          1,060,415          1,110,584          3,245,230           3,189,634
         Rent                                                   9,590,497          8,687,677         26,993,666          25,809,447
                                                          --------------------------------------------------------- ----------------
                  Total operating expenses                     61,030,116         54,657,467        169,406,728         159,267,622
                                                          --------------------------------------------------------- ----------------
                  Operating earnings (loss)                       (82,446)        (1,058,286)           560,200          (3,404,805)
         Net interest expense                                    (335,444)          (334,745)        (1,076,992)         (1,012,779)
                                                          --------------------------------------------------------- ----------------
Loss before income taxes                                         (417,890)        (1,393,031)          (516,792)         (4,417,584)
Benefit for income taxes                                         (150,440)          (526,566)          (186,045)         (1,669,847)
                                                          --------------------------------------------------------- ----------------
Net loss                                                      $  (267,450)       $  (866,465)       $  (330,747)       $ (2,747,737)
                                                          ========================================================= ================


Net loss per common share
         Basic                                                $    ( 0.04)       $    ( 0.14)        $    (0.05)         $    (0.45)
                                                          ========================================================= ================
         Diluted                                              $    ( 0.04)       $    ( 0.14)        $    (0.05)         $    (0.45)
                                                          ========================================================= ================

Weighted average common shares outstanding
         Basic                                                  6,110,109          6,109,834          6,110,109           6,119,167
                                                          ========================================================= ================
         Diluted                                                6,110,109          6,109,834          6,110,109           6,119,167
                                                          ========================================================= ================

<FN>
                               The accompanying notes to condensed  consolidated
                               financial  statements  are  an  integral  part of
                               these    condensed     consolidated     financial
                               statements.
</FN>
</TABLE>

<PAGE>
<TABLE>
<CAPTION>


                                                  SIMON TRANSPORTATION SERVICES INC.
                                            CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                              (Unaudited)

                                                                                             For the Nine Months Ended
                                                                                    ---------------------------------------------
<S>                                                                                     <C>                   <C>
                                                                                         June 30, 2000         June 30, 1999
                                                                                         -------------         -------------

Cash Flows From Operating Activities:
     Net loss                                                                           $    (330,747)        $   (2,747,737)
     Adjustments to reconcile net loss to net cash
     used in operating activities:
              Depreciation and amortization                                                 3,245,230              3,189,634
              Changes in operating assets and liabilities:
                  Receivables, net                                                         (3,772,556)            (3,283,805)
                  Operating supplies                                                         (199,304)                24,335
                  Prepaid expenses and other                                               (1,423,122)            (1,724,438)
                  Deferred tax asset                                                          (14,980)                    --
                  Other assets                                                                (19,902)              (105,574)
                  Accounts payable                                                           (803,190)             1,123,941
                  Income taxes receivable                                                   1,656,338                     --
                  Accrued liabilities                                                         (66,264)               319,282
                  Accrued claims payable                                                       33,835                337,596
                                                                                ---------------------------------------------
                      Net cash used in operating activities                                (1,694,662)            (2,866,766)
                                                                                ---------------------------------------------

Cash Flows From Investing Activities:
     Purchase of property and equipment                                                   (14,037,104)            (3,921,776)
     Proceeds from the sale of property and equipment                                      16,340,661              6,395,000
                                                                                ---------------------------------------------
                      Net cash provided by investing activities                             2,303,557              2,473,224
                                                                                ---------------------------------------------

Cash Flows From Financing Activities:
     Principal payments on long-term debt                                                  (5,686,469)            (5,646,096)
     Borrowings under line-of-credit agreement                                              3,000,000              6,700,000
     Principal payments under capitalized lease obligations                                  (424,557)            (1,923,196)
     Increase in receivable from sale of equipment                                                 --               (531,255)
     Purchase of treasury stock                                                                    --               (521,600)
     Net proceeds from issuance of Class A common stock                                         2,475                      1
                                                                                ---------------------------------------------
                      Net cash used in financing activities                                (3,108,551)            (1,922,146)
                                                                                ---------------------------------------------

Net Decrease In Cash                                                                       (2,499,656)            (2,315,688)
Cash at Beginning of Period                                                                 8,658,268              7,826,365
                                                                                ---------------------------------------------

Cash at End of Period                                                                    $  6,158,612           $  5,510,677
                                                                                =============================================

Supplemental Disclosure of Cash Flow Information:
         Cash paid during the period for interest                                        $  1,076,992           $  1,103,149
         Cash paid during the period for income taxes                                          54,175                 32,486

Supplemental Schedule of Noncash Investing and Financing Activities:
         Sale of equipment in exchange for receivable paid after
              period end                                                                           --                531,255


<FN>
                               The accompanying notes to condensed  consolidated
                               financial  statements  are  an  integral  part of
                               these    condensed     consolidated     financial
                               statements.
</FN>
</TABLE>


<PAGE>





                      SIMON TRANSPORTATION SERVICES INC.

            NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               (Unaudited)

Note 1.           Basis of Presentation

                  The condensed  consolidated  financial  statements include the
                  accounts  of  Simon  Transportation  Services  Inc.,  a Nevada
                  holding company, and its wholly-owned  subsidiary,  Dick Simon
                  Trucking,  Inc.  (together,  the  "Company").  All significant
                  intercompany balances and transactions have been eliminated in
                  consolidation.

                  The financial statements have been prepared, without audit, in
                  accordance  with  generally  accepted  accounting  principles,
                  pursuant to the rules and  regulations  of the  Securities and
                  Exchange  Commission.  In  the  opinion  of  management,   the
                  accompanying  financial  statements  include  all  adjustments
                  which are necessary for a fair presentation of the results for
                  the interim periods  presented,  such  adjustments  being of a
                  normal  recurring  nature.  Certain  information  and footnote
                  disclosures  have been  condensed or omitted  pursuant to such
                  rules  and  regulations.  The  September  30,  1999  condensed
                  consolidated  statement of financial position was derived from
                  the  audited  balance  sheet of the  Company for the year then
                  ended.  It is  suggested  that  these  condensed  consolidated
                  financial  statements and notes thereto be read in conjunction
                  with the consolidated  financial  statements and notes thereto
                  included  in the Form  10-K of Simon  Transportation  Services
                  Inc.  for the  year  ended  September  30,  1999.  Results  of
                  operations in interim periods are not  necessarily  indicative
                  of results to be expected for a full year.

Forward-Looking Statements

This  quarterly  report  and  statements  by  the  Company  in  reports  to  its
stockholders  and public filings,  as well as oral public  statements by Company
representatives may contain certain forward-looking  information that is subject
to certain  risks and  uncertainties  that could cause actual  results to differ
materially  from  those   projected.   Without   limitation,   these  risks  and
uncertainties  include economic  recessions or downturns in customers'  business
cycles, excessive increases in capacity within the truckload markets,  decreased
demand for transportation  services offered by the Company,  rapid inflation and
fuel price  increases,  increases in interest rates,  and the  availability  and
compensation  of  qualified  drivers.  Readers  should  review and  consider the
various  disclosures  made by the  Company in this  quarterly  report and in its
reports to its stockholders and periodic reports on Forms 10-K and 10-Q.

<PAGE>






              MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                     CONDITION AND RESULTS OF OPERATIONS

Overview

         The Company's  fiscal year ends on September 30 of each year. Thus, the
fiscal  periods  discussed in this report  represent the Company's  third fiscal
quarters and nine months of its 2000 and 1999 fiscal years, respectively.


Results of Operations

Three months ended June 30, 2000 and 1999

         Operating  revenue  increased $7.3 million (13.7%) to $60.9 million for
the three months ended June 30, 2000,  from $53.6 million for the  corresponding
period of 1999. The increase in operating revenue was primarily  attributable to
an 11.8% increase in weighted average tractors, to 1,854 in the 2000 period from
1,658 in the corresponding  1999 period,  and an increase in average revenue per
tractor per week, including an increase in fuel surcharge, to $2,529 in the 2000
period from $2,512 in the 1999 period.

         Salaries,  wages,  and benefits  increased $1.5 million (6.6%) to $24.7
million  during the quarter  ended June 30, 2000 from $23.2  million in the 1999
period. As a percentage of revenue,  salaries,  wages, and benefits decreased to
40.6% of revenue for the three months  ended June 30,  2000,  from 43.3% for the
corresponding  period of 1999.  The decrease  was  primarily  attributable  to a
reduction of the Company's shop and administrative  personnel. In July 1999, the
Company  eliminated  the  positions  of  approximately  25%  of  its  non-driver
personnel,  mostly from the shop area. In addition,  the fixed costs of shop and
administrative  personnel  were  offset  by a higher  per mile  rate in the 2000
period.

         Fuel and fuel taxes  increased  $4.2 million  (43.8%) to $13.8  million
during the quarter ended June 30, 2000 from $9.6 million in the 1999 period.  As
a percentage of revenue,  fuel and fuel taxes  increased to 22.7% of revenue for
the three months ended June 30, 2000, from 17.9% for the corresponding period of
1999,  principally  as a result of  higher  fuel  prices  in the 2000  period as
compared  with the 1999  period.  The  Company  has  agreements  in place with a
substantial  number of customers who have agreed to pay fuel  surcharges to help
offset the escalation in fuel prices.(*)

         Operating  supplies and expenses  decreased $0.2 million (3.0%) to $7.2
million  during the quarter  ended June 30,  2000 from $7.4  million in the 1999
period. As a percentage of revenue, operating supplies and expenses decreased to
11.8% of revenue for the three months  ended June 30,  2000,  from 13.9% for the
corresponding  period  of 1999,  primarily  as a result  of  decreased  costs of
repairs not covered under vehicle warranties and the Company's efforts to reduce
the amount  spent on  operating  supplies and  expenses.  In addition,  improved
revenue per mile in the 2000 period  reduced  operating  supplies  and  expenses
stated as a percentage of revenue.(*)

         Taxes and licenses increased $0.1 million (3.2%) to $1.7 million during
the quarter ended June 30, 2000 from $1.6 million for the  corresponding  period
of 1999.  As a percentage  of revenue,  taxes and licenses  decreased to 2.8% of
revenue  for  the  three  months  ended  June  30,  2000,   from  3.0%  for  the


(*) May contain forward-looking statements.
<PAGE>

corresponding  period of 1999. The decrease was primarily  attributable  to more
efficient  licensing of the Company's  fleet  coupled with improved  revenue per
mile in the 2000 period.  The fixed licensing  costs were partially  offset by a
higher per mile rate during the 2000 period.

         Insurance  and claims  increased  $0.1  million  (4.1%) to $1.9 million
during the quarter  ended June 30, 2000 from $1.8 million for the  corresponding
period of 1999.  As a percentage of revenue,  insurance and claims  decreased to
3.2% of revenue  for the three  months  ended June 30,  2000,  from 3.5% for the
corresponding  period of 1999. The Company  received an extension of the highest
DOT safety and fitness rating of "satisfactory" on July 6, 2000.

         Communications  and utilities  decreased  $0.1 million  (10.4%) to $1.0
million  during the  quarter  ended June 30,  2000,  from $1.1  million  for the
corresponding  period of 1999.  As a percentage of revenue,  communications  and
utilities decreased to 1.6% of revenue for the three months ended June 30, 2000,
compared  with 2.1% for the  corresponding  period of 1999.  The  decrease  as a
percentage of revenue was primarily attributable to improved revenue per mile in
the 2000 period and more efficient use of the Company's satellite  communication
and long  distance  services.  The Company has reduced its long  distance  phone
rates by over 40%.(*)

         Depreciation and amortization  remained constant at $1.1 million during
each of the quarters  ended June 30, 2000 and 1999.  As a percentage of revenue,
depreciation and amortization (adjusted for the net gain on the sale of property
and equipment)  decreased to 1.7% of revenue for the three months ended June 30,
2000,  from  2.1% for the  corresponding  period  of  1999.  The  decrease  as a
percentage of revenue was primarily attributable to improved revenue per mile in
the 2000 period and the fact that the Company has financed new  equipment  under
operating lease  agreements.  The Company realized a net gain of $378,363 on the
sale of property and revenue  equipment  during the 2000 period  compared with a
$527,387 net gain during the 1999 period.

         Rent increased $0.9 million  (10.4%) to $9.6 million during the quarter
ended June 30, 2000 from $8.7 million for the corresponding period of 1999. As a
percentage of revenue,  rent  decreased to 15.7% of revenue for the three months
ended  June 30,  2000,  from 16.2% for the  corresponding  period of 1999 as the
Company  reduced its tractor to trailer ratio from the 1999 period.  The Company
continued to utilize  operating  leases to finance new  equipment in the quarter
ended June 30, 2000. If the Company  continues to use operating lease financing,
its operating  ratio will continue to be affected in future periods  because the
implied  financing  costs of such  equipment are included as operating  expenses
instead of interest expense.(*)

         As a result of the foregoing,  the Company's  operating ratio decreased
to 100.1%  for the  three  months  ended  June 30,  2000,  from  102.0%  for the
corresponding period of 1999.

         Net interest expense  remained  constant at $335,000 during the each of
the  quarters  ended June 30, 2000 and 1999.  As a  percentage  of revenue,  net
interest expense remained constant at 0.6% of revenue for the three months ended
June 30, 2000 and the corresponding period of 1999.

         The Company's effective combined federal and state income tax rates for
the  three   months  ended  June  30,  2000  and  1999  were  36.0%  and  37.8%,
respectively.

         As a result of the factors  described above, the Company  experienced a
net loss of $267,450 for the three months ended June 30, 2000,  compared  with a
net loss of $866,465 for the corresponding period of 1999.

Nine months ended June 30, 2000 and 1999

         Operating  revenue increased $14.1 million (9.0%) to $170.0 million for
the nine months ended June 30, 2000,  from $155.9 million for the  corresponding
period of 1999. The increase in operating revenue was primarily  attributable to
an 8.2% increase in weighted average tractors,  to 1,749 in the 2000 period from
1,617 in the 1999 period.  This increase was  partially  offset by a decrease in
average revenue per tractor per week, including fuel surcharge, to $2,489 in the
2000 period from $2,492 in the 1999 period.

         Salaries,  wages,  and benefits  increased $1.6 million (2.3%) to $69.5
million  during the nine months  ended June 30,  2000 from $67.9  million in the
1999 period. As a percentage of revenue, salaries, wages, and benefits decreased
to 40.9% of revenue for the nine months ended June 30, 2000,  from 43.6% for the
corresponding  period of 1999.  The decrease  was  primarily  attributable  to a


(*) May contain forward-looking statements.
<PAGE>

reduction of the Company's shop and administrative  personnel. In July 1999, the
Company  eliminated  the  positions  of  approximately  25%  of  its  non-driver
personnel,  mostly from the shop area. In addition,  the fixed costs of shop and
administrative  personnel  were  offset  by a higher  per mile  rate in the 2000
period.

         Fuel and fuel taxes  increased  $9.5 million  (35.2%) to $36.4  million
during  the nine  months  ended  June 30,  2000 from  $26.9  million in the 1999
period.  As a percentage of revenue,  fuel and fuel taxes  increased to 21.4% of
revenue  for  the  nine  months  ended  June  30,  2000,   from  17.3%  for  the
corresponding period of 1999, principally as a result of higher fuel prices. The
Company has agreements with a substantial number of customers who have agreed to
pay fuel surcharges to help offset the escalation in fuel surcharges.(*)

         Operating  supplies and expenses decreased $1.1 million (5.4%) to $20.5
million  during the nine months  ended June 30,  2000 from $21.6  million in the
1999  period.  As a  percentage  of revenue,  operating  supplies  and  expenses
decreased  to 12.0% of revenue for the nine  months  ended June 30,  2000,  from
13.9% for the corresponding  period of 1999. The decrease was primarily a result
of  decreased  costs of repairs not covered  under  vehicle  warranties  and the
Company's efforts to reduce the amount spent on operating supplies and expenses.
In  addition,  improved  revenue per mile in the 2000 period  reduced  operating
supplies and expenses stated as a percentage of revenue.(*)

         Taxes and licenses decreased $0.4 million (8.5%) to $5.1 million during
the nine  months  ended June 30, 2000 from $5.5  million  for the  corresponding
period of 1999. As a percentage of revenue, taxes and licenses decreased to 3.0%
of revenue for the nine months ended June 30, 2000, from 3.6% of revenue for the
corresponding  period of 1999. The decrease was primarily  attributable  to more
efficient  licensing of the Company's  fleet  coupled with improved  revenue per
mile in the 2000 period.  The fixed licensing  costs were partially  offset by a
higher per mile rate during the 2000 period.

         Insurance  and claims  decreased  $0.1  million  (0.6%) to $4.9 million
during  the  nine  months  ended  June  30,  2000  from  $5.0  million  for  the
corresponding  period of 1999. As a percentage of revenue,  insurance and claims
decreased to 2.9% of revenue for the nine months ended June 30, 2000,  from 3.2%
for the  corresponding  period of 1999.  Improved  revenue  per mile in the 2000
period  reduced  insurance  and claims  stated as a  percentage  of revenue.  In
addition,  the  Company  received  an  extension  of the  highest DOT safety and
fitness rating of "satisfactory" on July 6, 2000.

         Communications  and utilities  decreased  $0.5 million  (14.0%) to $2.8
million  during the nine months  ended June 30,  2000 from $3.3  million for the
corresponding  period of 1999.  As a percentage of revenue,  communications  and
utilities  decreased to 1.7% of revenue for the nine months ended June 30, 2000,
compared  with 2.1% for the  corresponding  period of 1999.  The  decrease  as a
percentage of revenue was principally  attributable to improved revenue per mile
in  the  2000  period  and  more  efficient  use  of  the  Company's   satellite
communication  and long  distance  services.  The  Company  has reduced its long
distance phone rates by over 40%.(*)

         Depreciation and amortization  remained constant at $3.2 million during
each of the nine month  periods ended June 30, 2000 and 1999. As a percentage of
revenue, depreciation and amortization (adjusted for the net gain on the sale of
property and equipment) remained essentially constant at 1.9% of revenue for the
nine months ended June 30, 2000, compared with 2.0% for the corresponding period
of 1999.  The Company  realized a net gain of $1,456,663 on the sale of property
and revenue equipment during the 2000 period compared with a $1,775,036 net gain
during the 1999 period.

         Rent  increased  $1.2 million  (4.6%) to $27.0 million  during the nine
months ended June 30, 2000 from $25.8  million for the  corresponding  period of
1999.  As a percentage  of revenue,  rent  decreased to 15.9% of revenue for the
nine months ended June 30, 2000, from 16.6% for the corresponding period of 1999
as the Company  reduced its tractor to trailer  ratio from the 1999 period.  The
decrease is also  attributable to improved  revenue per mile in the 2000 period.
The Company added new equipment  and replaced  equipment  that had been financed
under capital lease arrangements with equipment financed under operating leases.
The Company has utilized operating leases in the most recent nine months. If the
Company  continues to use operating  lease  financing,  its operating ratio will


(*) May contain forward-looking statements.
<PAGE>
continue to be affected in future periods because the implied financing costs of
such  equipment  are  included  as  operating   expenses   instead  of  interest
expense.(*)

         As a result of the foregoing,  the Company's  operating ratio decreased
to  99.7%  for the  nine  months  ended  June  30,  2000,  from  102.2%  for the
corresponding period of 1999.

         Net interest  expense  increased  $0.1  million  (6.3%) to $1.1 million
during  the  nine  months  ended  June  30,  2000  from  $1.0  million  for  the
corresponding  period of 1999. As a percentage of revenue,  net interest expense
remained  constant at 0.6% of revenue for the nine months  ended June 30,  2000,
and the corresponding period of 1999.

         The Company's effective combined federal and state income tax rates for
the nine months ended June 30, 2000 and 1999 were 36.0% and 37.8%, respectively.

         As a result of the factors  described above, the Company  experienced a
net loss of $330,747 for the nine months ended June 30, 2000,  compared to a net
loss of $2,747,737 for the corresponding period of 1999.

Liquidity and Capital Resources

         The  growth  of  the  Company's   business  has  required   significant
investment in new revenue  equipment that the Company  historically has financed
with  borrowings  under   installment   notes  payable  to  commercial   lending
institutions  and equipment  manufacturers,  equipment  leases from  third-party
lessors, borrowings under its line of credit, and cash flow from operations. The
Company's primary sources of liquidity  currently are cash and cash equivalents,
and   borrowings   and  leases  with   financial   institutions   and  equipment
manufacturers.  During the nine-month  periods ended June 30, 2000 and 1999, the
Company continued to finance its tractors with operating leases.

         Net cash used in  operating  activities  was $1.7  million for the nine
months ended June 30, 2000. Accounts receivable increased $3.8 million,  prepaid
licensing on revenue equipment increased $1.4 million,  and accrued payables and
other liabilities  decreased $0.9 million during the period.  These uses of cash
were  substantially  offset by  Federal  and state  income  tax  refunds of $1.6
million  received  during the period  and a non-cash  charge of $3.2  million in
depreciation.

         Net cash provided by investing activities was $2.3 million for the nine
months  ended June 30,  2000,  as the  Company  purchased  $14.0  million of new
revenue  equipment and  furniture  and  fixtures.  The Company sold property and
equipment  for $16.3  million.  The Company  expects  capital  expenditures  for
purchased or leased  equipment  (primarily  for revenue  equipment and satellite
communications  units),  net of revenue  equipment  sales and  trade-ins,  to be
approximately $23.0 million through calendar 2000. The Company expects projected
capital  expenditures to be funded mostly with operating leases,  borrowings and
cash flows from operations.(*)

         Net cash used in  financing  activities  was $3.1  million  in the 2000
period,  consisting  primarily of a $3.0 million borrowing on the Company's line
of credit  offset by payments of $6.1 million of principal  under the  Company's
long-term debt and capitalized lease agreements.

         The maximum amount committed under the Company's line of credit at June
30, 2000 was $20 million. As of June 30, 2000, the Company had drawn $13 million
against the line.  The interest rate on the line of credit is 1.75 percent above
the 30-day London Interbank  Offered Rate ("LIBOR") in effect from time to time.
At June  30,  2000,  the  Company  had  other  outstanding  long-term  debt  and
capitalized lease obligations (including current portions) of approximately $5.5
million,  most of  which  comprised  obligations  for the  purchase  of  revenue
equipment.

         The  Company's  working  capital  at June 30,  2000 was $23.4  million.
Management  believes that  available  borrowings  under the line of credit,  and
future  borrowings  under  installment  notes payable or lease  arrangements for
revenue equipment will allow the Company to continue to meet its working capital


(*) May contain forward-looking statements.
<PAGE>
requirements,  anticipated capital expenditures,  and obligations under debt and
capitalized and operating leases at least through calendar year 2000.(*)

Quantitative and Qualitative Disclosures About Market Risk

         The principal market risks (i.e., the risk of loss arising from adverse
changes  in market  rates  and  prices)  to which the  Company  is  exposed  are
fluctuation in fuel prices and interest rates on our debt financing.

         We are not  engaged  in any fuel  hedging  transactions.  Thus,  we are
exposed to  fluctuations  in fuel  prices but are not exposed to any market risk
involving hedging costs.

         We also are exposed to interest rate risks on our debt  financing.  Our
variable rate debt  consists of a revolving  line of credit,  an unsecured  term
loan and an equipment finance term loan carrying interest rates tied to LIBOR or
the Eurodollar  rate.  These variable  interest rates expose us to the risk that
interest rates may rise. At June 30, 2000, assuming borrowing equal to the $13.0
million  drawn  on the line of  credit  and $1.1  million  on other  outstanding
variable rate loans, a one percentage point increase in the LIBOR and Eurodollar
rate would increase our annual interest expense by approximately  $141,000.  The
balance of our equipment  financing  carries fixed  interest  rates and includes
term notes payable and capitalized  leases totaling  approximately $4.4 million.
These fixed interest rates expose us to the risk that interest rates may fall. A
one  percentage  point  decline  in  interest  rates  would  have the  effect of
increasing the premium we pay over market interest rates by one percentage point
or approximately $44,000 annually.




(*) May contain forward-looking statements.
<PAGE>



                                  PART II

                             OTHER INFORMATION


Item 1.           Legal Proceedings.

                  The Company and certain of its  officers  and  directors  have
         been named as  defendants  in a  securities  class  action filed in the
         United States District Court for the District of Utah,  Caprin v. Simon
         Transportation  Services, Inc., et al., No. 2:98CV 863K (filed December
         3,  1998).  Plaintiffs  in this  action  allege  that  defendants  made
         material  misrepresentations  and omissions  during the period February
         13, 1997  through  April 2, 1998 in violation of Sections 11, 12(2) and
         15 of the  Securities  Act of 1933 and Sections  10(b) and 20(a) of the
         Securities Exchange Act of 1934 and Rule 10b-5 promulgated  thereunder.
         The Company intends to vigorously defend this action.


Item 2.           Changes in Securities.

                  None.

Item 3.           Defaults Upon Senior Securities.

                  None.

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

                  On May 23, 2000,  Jerry Moyes,  a shareholder  of the Company,
         announced his intention to solicit written  consents from the Company's
         shareholders  for the  purpose of  amending  the  Company's  bylaws and
         electing  Mr. Moyes and his  designees  as a majority of the  Company's
         Board of  Directors.  On June  13,  2000,  the  Company  announced  its
         opposition to Mr. Moyes'  consent  solicitation.  On June 30, 2000, Mr.
         Moyes announced that he had withdrawn his  solicitation.  No meeting of
         the  Company's   shareholders  was  held  with  respect  to  Mr.  Moyes
         solicitation  effort and no tendered  consents  were  delivered  to the
         Company for tabulation.

Item 5.           Other Information.

                  None.



<PAGE>


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

                  (a)      Exhibits

Number            Description

  3.1    *  Articles of Incorporation
  3.2    *  Bylaws
  4.1    *  Articles of Incorporation
  4.2    *  Bylaws
 10.1    *  Outside Director Stock Option Plan.
 10.2    *  Incentive Stock Plan.
 10.3    *  ss.401(k) Plan.
 10.4    #  Loan Agreement (Line of Credit) dated  September 29, 1999  (replaced
            loan agreement dated April 29, 1996) between  U.S.  Bank of Utah and
            Simon Transportation Services Inc.
 11         Schedule of Computation of Net Income Per Share
 27         Financial Data Schedule


          *       Incorporated  by  reference  from  the  Company's Registration
                  Statement on Form S-1, Registration No. 33-96876,    effective
                  November 17, 1995.

          #       Incorporated by reference from the Company's  Annual Report on
                  Form 10-K for the period ended September 30, 1999,  Commission
                  File No.  0-27208,  dated December 11, 1999, and  incorporated
                  herein by reference.


                  (b)      Reports on Form 8-K.

                           None.


<PAGE>


                                  SIGNATURE

                  Pursuant to the  requirements  of the  Securities and Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.


                                 SIMON TRANSPORTATION SERVICES INC.,
                                 a    Nevada corporation

Date:    August 14, 2000         By:      /s/ Alban B. Lang
         ----------------                 -----------------
                                           (Signature)

                                           Alban B. Lang
                                           Treasurer and Chief Financial Officer