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UNITED STATES
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) February 2, 2006
Universal Truckload Services, Inc.
(Exact name of registrant as specified in its charter)
Michigan 120510 38-3640097
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
11355 Stephens Road, Warren, Michigan 48089
(Address of principal executive offices) (Zip Code)
(586) 920-0100
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former
fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 8.01. OTHER EVENTS
On February 2, 2006, Universal Services Truckload, Inc. (the "Company")
issued a press release announcing the Company's expansion of its intermodal
operations through the acquisition of four intermodal carriers and a new
intermodal facility, a copy of which is furnished as Exhibit 99.1 to this Form
8-K.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
Exhibit No. Description
----------- --------------------------------------------------
99.1 Press Release dated February 2, 2006 announcing
the Company's expansion of its intermodal
operations through the acquisition of four
intermodal carriers and a new intermodal facility.
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, thereunto duly authorized.
UNIVERSAL TRUCKLOAD SERVICES, INC.
Date: February 2, 2006 /s/ Robert E. Sigler
----------------------------------------
Robert E. Sigler
Vice President, Chief Financial Officer,
Secretary and Treasurer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
- -------- --------------------------------------------------------------------
99.1 Press Release dated February 2, 2006 announcing the Company's
expansion of its intermodal operations through the acquisition of
four intermodal carriers and a new intermodal facility.
Exhibit 99.1
UNIVERSAL TRUCKLOAD SERVICES, INC. EXPANDS ITS INTERMODAL OPERATIONS THROUGH
THE ACQUISITION OF FOUR INTERMODAL CARRIERS AND A NEW INTERMODAL FACILITY
WARREN, Mich., Feb. 2 /PRNewswire-FirstCall/ -- Universal Truckload
Services, Inc. (Nasdaq: UACL) announced today that it has acquired four
intermodal companies that will operate as part of its Mason Dixon Intermodal
subsidiary: Marc Largent, Inc. of Los Angeles, CA in October 2005; Diamond
Logistics, Inc. of Houston, TX in November 2005; Assure Intermodal, LLC of
Memphis, TN and DiJulio Enterprises, Inc. of Seattle, WA in January 2006.
The four companies generated combined gross revenues of approximately $28
million in 2005 through the support of approximately 170 owner-operators, 53
employees and 6 terminals, located in Texas, Tennessee, California and
Washington. In addition to providing container delivery services, these
companies also operate 2 full service storage, maintenance and repair
facilities. Terms of the acquisitions were not disclosed.
Don Cochran, Universal's President and CEO, states that "prior to these
strategic acquisitions, we provided intermodal services primarily in the
Eastern and Midwestern United States through 21 terminals including 5 depots
and the support of approximately 400 owner-operators. These new additions
begin our expansion into the western United States, increasing our service
offering nationwide to 27 terminals, including 7 depots which are supported by
approximately 570 owner-operators. These additions bring with them
experienced management and excellent reputations in their respective markets."
Cochran goes on to say that "these acquisitions are in line with our
continuing evaluation of strategic acquisition opportunities."
Additionally, by the end of the first quarter of 2006, the Company expects
to begin operations at its intermodal facility in Cleveland, OH, which was
acquired in August 2005. The Cleveland facility covers approximately 40 acres
and will provide container delivery services, full service storage and
maintenance and repair services. The opening of this facility will allow the
Company to consolidate its existing operations in Cleveland and increase its
storage and service capacity.
Universal Truckload Services, Inc. is primarily a non-asset based provider
of transportation services to shippers throughout the United States and in the
Canadian provinces of Ontario and Quebec. The Company's trucking services
include both flatbed and dry van operations and the Company provides rail-
truck and steamship-truck intermodal support services. The Company also
offers truck brokerage services.
Some of the statements contained in this press release might be considered
forward-looking statements. These statements identify prospective
information. Forward-looking statements are based on information available at
the time and/or management's good faith belief with respect to future events,
and are subject to risks and uncertainties that could cause actual performance
or results to differ materially from those expressed in the statements. These
forward-looking statements are subject to a number of factors that may cause
actual results to differ materially from the expectations described.
Additional information about the factors that may adversely affect these
forward-looking statements are contained in the Company's reports and filings
with the Securities and Exchange Commission. The Company assumes no
obligation to update forward-looking statements to reflect actual results,
changes in assumptions or changes in other factors affecting forward-looking
information except to the extent required by applicable securities laws.
SOURCE Universal Truckload Services, Inc.
-0- 02/02/2006
/CONTACT: Robert Sigler, Vice President and Chief Financial Officer, or
Leo Blumenauer, Vice President of Business Development, of Universal Truckload
Services, Inc., +1-586-920-0100/
/Web site: http://www.uacl.com /
(UACL)~