FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION NO. 333-56603
PROSPECTUS SUPPLEMENT NO. 2
DATED DECEMBER 23, 1998 (TO PROSPECTUS DATED NOVEMBER 3, 1998)
UNITED ROAD SERVICES, INC.
This Prospectus Supplement is part of the Prospectus dated November 3,
1998 relating to an offering of up to 5,000,000 shares of Common Stock of United
Road Services, Inc. ("United Road") that may be issued from time to time by
United Road in connection with acquisitions of other businesses or upon exercise
or conversion of warrants, options, convertible notes or other similar
instruments assumed or acquired by United Road in connection with any such
acquisitions. This Prospectus may also be used, with United Road's prior
consent, by persons who have received shares in connection with acquisitions and
who wish to offer and sell such shares under circumstances requiring the use of
the Prospectus or making such use desirable.
On December 9, 1998, United Road acquired Pilot Transport, Inc.
("Pilot"), an Arizona corporation, by merging Pilot into URS Transport, Inc., a
wholly-owned subsidiary of United Road. The aggregate purchase price was
approximately $25.0 million, consisting of approximately $10.6 million in cash
and 1,000,000 shares of United Road's Common Stock. The cash portion of the
purchase price was funded from amounts available from operations and under
United Road's credit facility with various financial institutions for which Bank
of America National Trust and Savings Association acts as agent. The purchase
price was determined on the basis of arms-length negotiations between United
Road and the stockholders of Pilot.
Pilot provides transport and storage services for prototype, test, and
promotional automobiles, many of which are transported to and from test sites,
shows, and public relation events in customized, closed vehicle carriers. Under
United Road's ownership, Pilot is expected to continue to provide such services.
The date of this Prospectus Supplement is December 23, 1998
