SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 7, 1998
USFREIGHTWAYS CORPORATION
Delaware 0-19791 36-3790696
(State of Incorporation) (Commission (IRS Employer
File Number) Identification No.)
9700 Higgins Road, Rosemont, Illinois 60018
(Address of principal executive offices) (Zip Code)
Registrant's telephone number
including area code: (847) 696-0200
Not applicable
(Former name of former address, if changed since the last report)
The Exhibit Index is located on
Page 2. This Report contains 4 pages.
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Item 5. Other Events.
On January 7, 1998, USFreightways Corporation
announced the appointment of a President and Chief Operating Officer.
Exhibit
Item 7. Exhibits. Index
Exhibit 99 News Release, dated January 7, 1998. Page 4 of 4
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrant has duly caused this Current Report to be
signed on its behalf by the undersigned hereunto duly authorized.
USFREIGHTWAYS CORPORATION
By: /s/ Christopher L. Ellis
Christopher L. Ellis
Senior Vice President, Finance and
Chief Financial Officer
Date: January 9, 1998
EXHIBIT 99
FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION CONTACT:
WEDNESDAY, JANUARY 7, 1998 CAM CARRUTH 847.692.0204
USFreightways Appoints President and Chief Operating Officer
Rosemont, IL, January 7, 1998.....The Board of
Directors of USFreightways Corporation (NASDAQ:USFC) is pleased to
announce the appointment of James G. Connelly III as President and
Chief Operating Officer. The Board will also elect Mr. Connelly a
Director of the Corporation at its January board meeting. Cam Carruth
will remain the Chief Executive Officer and become Chairman of the
Board. Carruth had advised the Board of Directors several months ago
of his intention to give up the day-to-day responsibility for the
Company's operations. He will focus his energy on business development
and the strategic positioning of the Company for future growth. The
Board's comprehensive search was conducted by Jim Drury, the U.S.
Managing Partner of Spencer Stuart, an internationally renowned
executive search firm.
Cam Carruth, CEO, commented, "Jim Connelly, as
President and Chief Operating Officer, will assume the day-to-day
responsibility for the operations of our five regional truck lines,
our logistics business, and our domestic and international air freight
forwarding business. We are pleased to have Jim at USFreightways. He
brings us strong leadership skills and a record of business success."
From 1992 until recently, Jim was the President and
Chief Operating Officer for Caremark International, a $3 billion
health industry leader in providing a wide range of diversified health
care services. Prior to Caremark, Jim was a Corporate Officer and
Group Vice President at Baxter International, responsible for their
hospital supply businesses and all corporate warehousing, distribution
and logistics services.
USFreightways (NASDAQ:USFC) operates five regional
less than truckload general commodities carriers which provide
overnight and second-day delivery throughout the United States and
into Canada. The Company's logistics subsidiaries, USF Logix and USF
Distribution Services, provide solutions to customers' logistics and
distribution requirements. USF SEKO Worldwide is the Company's
domestic and international freight forwarder.
