(Overnite Letterhead)
September 14, 1999
VIA FACSIMILE 202-942-9527 and EDGAR
Mr. Kenneth Lench
Division of Corporation Finance
United States Securities and Exchange Commission
450 5th Street NW
Washington, D.C. 20549-0305
RE: Overnite Corporation
Registration Statement on Form S-1
Filed May 20, 1998
Amendments filed June 26, July 13, July 22, and July 27, 1998
File No. 333-53169
Dear Mr. Lench:
This letter is in response to a letter from your office dated August
16, 1999.
Overnite Corporation requests that the Securities and Exchange
Commission consent to the withdrawal of the above-referenced registration
statement, File Number 333-53169. Overnite Corporation on behalf of itself and
its parent, Union Pacific Corporation, desires to withdraw the registration
statement due to current market conditions which indicate that a fair return
would not be generated for shareholders at this time.
Please direct any questions regarding this request to Ellen J. Curnes,
Senior Corporate Counsel, Union Pacific Corporation at (402) 271-3320 or Marcia
K. Anderson, Assistant Corporate Attorney, Union Pacific Corporation at (402)
271-3797.
Very truly yours,
/s/ Patrick D. Hanley
---------------------
Patrick D. Hanley
Senior Vice President and
Chief Financial Officer
cc: David M. Carter, Esq.
Hunton & Williams
William P. Rogers, Jr., Esq.
Cravath, Swaine & Moore