FORM 12b-25
Commission File Number 0-16386

(Check One):

[X] Form 10-K and Form 10-KSB       [ ] Form 11 -K

[ ] Form 20-F      [ ] Form 10-Q and Form 10-QSB      [ ] Form N-SAR

For Period Ended: 063002

[ ] Transition Report on Form 10-K and Form 10-KSB

[ ] Transition Report on Form 20-F

[ ] Transition Report on Form 11-K

[ ] Transition Report on Form 10-Q and Form 10-QSB

[ ] Transition Report on Form N-SAR

For the Transition Period Ended:

Read Attached Instruction Sheet Before Preparing Form. Please Print or Type
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:


Full name of registrant:  Cannon Express, Inc.

Former name if applicable:  N/A

Address of principal executive office (Street and number):

1457 E. Robinson Avenue

City, state and zip code:   Springdale, AR 72764

RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or
Expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed.  (Check box if appropriate.)

(b) The subject annual report, semi-annual report, transition report on
Form 10-K, 10-KSB, Form 20-F, 11-K, Form N-SAR, or portion thereof

[X]   will be filed on or before the 15th calendar day following the
prescribed due date; or the subject quarterly report or transition
report on Form 10-Q, 10-QSB, or portion thereof will be filed on or
before the fifth calendar day following the prescribed due date; and

(c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.


State below in reasonable detail the reasons why Forms 10-K, 10
-KSB, 11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report or portion
thereof, could not be filed within the prescribed time period.
(Attach extra sheets if needed.)

The Form 10-K for the year ended June 30, 2002, could not be filed within
the prescribed time period, as a result of unresolved issues with respect to
possible impaired assets and negotiations with the Company's lenders.  The
Company is actively pursuing a resolution of these issues and believes that it
will resolve them within the extended period permitted by Rule 12b-25.


(1) Name and telephone number of person to contact in regard to this

Duane Wormington,                 479                  751-9209
(Name)                            (Area Code)   (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months (or for such shorter) period
that the registrant was required to file such reports) been filed?
If answer is no, identify report(s).

[X] Yes  [ ] No

(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

[X] Yes  [ ] No

If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

It is anticipated that the Company's net loss before income taxes will
increase from $8.4 million in fiscal 2001 to approximately $12 million
for fiscal 2002.  Of this amount, it is expected that approximately $2.2
million will be a loss on impaired assets.  Currently, the Company is engaged
in discussions with its accountants, lenders and other creditors to resolve
questions regarding the disposition of these assets.

Cannon Express, Inc.
(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: 9-30-2002
By: /s/Duane Wormington
Duane Wormington
Chief Financial Officer

Instruction: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.


Intentional misstatements or omissions of fact constitute federal criminal
violations (see 18 U.S.C. 1001).


1. This form is required by Rule 12b-25 of the General Rules and Regulations
under the Securities Exchange Act of 1934.

2. One signed original and four conformed copies of this form and amendment
thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
General Rules and Regulations under the Act. The information contained in
or filed with the form will be made a matter of public record in the
Commission files.

3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.

4. Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.

5. Electronic Filers. This form shall not be used by electronic filers unable
to timely file a report solely due to electronic difficulties. Filers unable
to submit a report within the time period prescribed due to difficulties in
electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to
Rule 13(b) of Regulation S-T.