SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Amertranz Worldwide Holding Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
030726 10 3
(CUSIP Number)
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<TABLE>
<CAPTION>
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CUSIP No. 030726 10 3 13G Page 2 of 11 Pages
------------------------------------- --------- ------------
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<S> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Wrexham Aviation Corp. 52-1703231
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 0
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
------------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
5,834,953
------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,254,583
- -----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,834,953
- -----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
|-|
- -----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
56.7%
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12 TYPE OF REPORTING PERSON*
CO
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------- --------------------------------------------------
CUSIP No. 030726 10 3 13G Page 3 of 11 Pages
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<S> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
TIA, Inc. 56-1587147
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 4,430,333
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
------------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
1,404,620
------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
4,430,333
------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
824,250
- -----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,834,953
- -----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
|-|
- -----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
56.7%
- -----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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CUSIP No. 030726 10 3 13G Page 4 of 11 Pages
------------------------------------- --------- ------------
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<S> <C> <C> <C> <C> <C> <C>
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Richard A. Swirnow ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 0
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
------------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
5,834,953
------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,254,583
- -----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,834,953
- -----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
|-|
- -----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
56.7%
- -----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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CUSIP No. 030726 10 3 13G Page 5 of 11 Pages
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<S> <C> <C> <C> <C> <C> <C>
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Caribbean Freight System, Inc. 56-1710207
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 824,250
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
------------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
0
------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
824,250
------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
824,250
- -----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
|-|
- -----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.7%
- -----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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CUSIP No. 030726 10 3 13G Page 6 of 11 Pages
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<S> <C> <C> <C> <C> <C> <C>
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Swirnow Airways Corp. 52-1230049
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER 0
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
------------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
5,834,953
------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,254,583
- -----------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,834,953
- -----------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
|-|
- -----------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
56.7%
- -----------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13G
Item 1(a). Name of Issuer:
Amertranz Worldwide Holding Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
7001B Cessna Drive, P.O. Box 35329, Greensboro, North Carolina
27425
Item 2(a). Names of Persons Filing:
This Schedule 13G is being filed on behalf of all of the
following Reporting Persons, pursuant to the Agreement
attached hereto as Exhibit 1:
Wrexham Aviation Corp.
TIA, Inc.
Richard A. Swirnow
Caribbean Freight System, Inc.
Swirnow Airways Corp.
Item 2(b). Address of Principal Business Office or, if none, Residence:
112 East 25th Street, Baltimore, Maryland 21218
Item 2(c). Citizenship:
Wrexham Aviation Corp. Delaware
TIA, Inc. Delaware
Richard A. Swirnow USA
Caribbean Freight System, Inc. Delaware
Swirnow Airways Corp. Delaware
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number:
030726 10 3
Item 3. If this statement is filed pursuant to Rules 13d-1(b),or
13d-2(b), check whether the person filing is a:
Not applicable.
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Item 4. Ownership:
As of December 31, 1997, the following shares were
beneficially owned by the Reporting Persons:
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<S> <C> <C> <C> <C> <C> <C>
Wrexham Aviation Corp.
(a) Amount beneficially owned: 5,834,953*
(b) Percent of class: 56.7%*
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 5,834,953*
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 5,524,583*
* Includes 1,752,083 shares which TIA, Inc. and Caribbean Freight System, Inc. have the right to acquire as of December
31, 1997 by conversion of shares of the Issuer's Class A Preferred Stock and Class D Preferred Stock..
TIA, Inc.
(a) Amount beneficially owned: 5,834,953*
(b) Percent of class: 56.7%*
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 4,430,333**
(ii) Shared power to vote or to direct the vote: 1,404,620***
(iii) Sole power to dispose or to direct the disposition of: 4,430,333**
(iv) Shared power to dispose or to direct the disposition of: 824,250***
* Includes 1,752,083 shares which TIA, Inc. and Caribbean Freight System, Inc. have the right to acquire as of December
31, 1997 by conversion of shares of the Issuer's Class A Preferred Stock and Class D Preferred Stock..
** Includes 1,568,333 shares which TIA, Inc. has the right to
acquire as of December 31, 1997 by conversion of shares of the
Issuer's Class A Preferred Stock and Class D Preferred Stock..
*** Includes 183,750 shares which Caribbean Freight System, Inc. has the right to acquire as of December 31, 1997 by
conversion of shares of the Issuer's Class A Preferred Stock.
Richard A. Swirnow
(a) Amount beneficially owned: 5,834,953*
(b) Percent of class: 56.7%*
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 5,834,953*
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 5,524,583*
* Includes 1,752,083 shares which TIA, Inc. and Caribbean Freight System, Inc. have the right to acquire as of December
31, 1997 by conversion of shares of the Issuer's Class A Preferred Stock and Class D Preferred Stock..
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<PAGE>
Item 4 (Ownership) - cont.
Caribbean Freight System, Inc.
(a) Amount beneficially owned: 824,250*
(b) Percent of class: 9.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 824,250*
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 824,250*
(iv) Shared power to dispose or to direct the disposition of: 0
* Includes 183,750 shares which Caribbean Freight System, Inc. has the right to acquire as of December 31, 1996 by
conversion of shares of the Issuer's Class A Preferred Stock.
Swirnow Airways Corp.
(a) Amount beneficially owned: 5,834,953*
(b) Percent of class: 56.7%*
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 5,834,953*
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 5,524,583*
* Includes 1,752,083 shares which TIA, Inc. and Caribbean Freight System, Inc. have the right to acquire as of December
31, 1997 by conversion of shares of the Issuer's Class A Preferred Stock and Class D Preferred Stock..
Item 5. Ownership of Five Percent or Less of a Class:
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on by the Parent Holding Company:
Not applicable.
Item 8. Identification and Classification of Members of the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
Not applicable.
</TABLE>
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
DATE: February 10, 1998
WREXHAM AVIATION CORP.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
TIA, INC.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
CARIBBEAN FREIGHT SYSTEM, INC.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
SWIRNOW AIRWAYS CORP.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
/s/ Richard A. Swirnow
Richard A. Swirnow
C67647A.198
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AMERTRANZ WORLDWIDE HOLDING CORP.
SCHEDULE 13G/A
(AMENDMENT NO. 1)
EXHIBIT 1
AGREEMENT
In accordance with Rule 13d-1(f)(1) promulgated by the
Securities and Exchange Commission under the Securities Exchange Act of 1934,
the undersigned parties hereby agree that the Schedule 13G to which this
Agreement is an Exhibit shall be filed on behalf of each of the undersigned.
DATE: February 10, 1998
WREXHAM AVIATION CORP.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
TIA, INC.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
CARIBBEAN FREIGHT SYSTEM, INC.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
SWIRNOW AIRWAYS CORP.
By: /s/ Richard A. Swirnow
Richard A. Swirnow, President
/s/ Richard A. Swirnow
Richard A. Swirnow
C67647A.198
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