-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SvIA3pOiGzAHDJGy9JUpLkasz6D518Njj8Pc0/9fHjmKqRLGdft+OBDlWBv1paeY mkHLXQv1DJsq0NguhiwBwg== /in/edgar/work/20000717/0000931763-00-001706/0000931763-00-001706.txt : 20000920 0000931763-00-001706.hdr.sgml : 20000920 ACCESSION NUMBER: 0000931763-00-001706 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000701 ITEM INFORMATION: FILED AS OF DATE: 20000717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: US XPRESS ENTERPRISES INC CENTRAL INDEX KEY: 0000923571 STANDARD INDUSTRIAL CLASSIFICATION: [4213 ] IRS NUMBER: 621378182 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24806 FILM NUMBER: 674285 BUSINESS ADDRESS: STREET 1: 4080 JENKINS ROAD CITY: CHATTANOOGA STATE: TN ZIP: 37421 BUSINESS PHONE: 6156967377 MAIL ADDRESS: STREET 1: 4080 JENKINS ROAD CITY: CHATTONOOGA STATE: TN ZIP: 37421 8-K 1 0001.txt CURRENT REPORT 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): July 1, 2000 U.S. XPRESS ENTERPRISES, INC. ----------------------------- (Exact name of Registrant as specified in its charter) Nevada 0-24806 62-1378182 ------ ------- ---------- (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of incorporation) 4080 Jenkins Road, Chattanooga, Tennessee 37421 ----------------------------------------- ----- (Address of principal executive offices) (zip code) Registrant's telephone number, including area code (423) 510-3000 Item 5. Other Events Effective July 1, 2000 the Company completed its acquisition of a 13% membership interest in Transplace.com, LLC, a Nevada Limited Liability company ("Transplace"). Transplace was formed in April 2000 by six transportation companies, including the Company, which had existing logistics businesses, to operate as an internet-based, global transportation logistics company. In exchange for its membership interest, the Company contributed assets consisting of (i) $5 million in cash and (ii) all of the intangible assets of the Company's transportation logistics business. Such intangible assets included all contracts with customers, goodwill, logistics business software and software licenses, patents, trademarks, and other intellectual property. Additionally, the Company agreed generally not to compete with Transplace in the logistics business. The other members of Transplace include Covenant Transport, Inc. ("Covenant"), J.B. Hunt Transport Services, Inc. ("Hunt"), M.S. Carriers, Inc. ("M.S."), Swift Transportation Co., Inc. ("Swift"), and Werner Enterprises, Inc. ("Werner"), each of which contributed cash in the amount of $5 million and the intangible assets of their respective logistics business operations to Transplace in exchange for their membership interests. The other parties' membership interests in Transplace are as follows: Covenant - 13%; Hunt - 28%; M.S. - 14%; Swift - 16%; Werner 16%. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 17, 2000 U.S. XPRESS ENTERPRISES, INC. By: /s/ Ray M. Harlin _______________________________ Ray M. Harlin Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----