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): 10/04/2007
Pacer International, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 000-49828
Tennessee | 62-0935669 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
2300 Clayton Road, Suite 1200
Concord, CA 94520
(Address of principal executive offices, including zip code)
(877) 917-2237
(Registrant’s telephone number, including area code)
(Former name or former address, 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:
[ ] 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))
[ ] 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))
Information to be included in the report
Item 1.01. Entry into a Material Definitive Agreement
On September 30, 2007, Pacer International, Inc. entered into a software license agreement with SAP America, Inc. under which Pacer licensed an enterprise suite of applications, including the latest release of SAP's transportation management solution. Under the agreement, Pacer was granted a perpetual license for the suite of SAP software for a license fee of $9.3 million, payable 30 days from contract execution, and agreed to a two-year maintenance and support commitment for an annual fee of $2 million.
As previously disclosed, Pacer expects that the new system will be implemented over the next 22 to 28 months and that the total capital investment will range from $30 to $35 million over the course of the project.
Signature(s)
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.
| Pacer International, Inc. | ||||||||
| Date: October 04, 2007 | By: | /s/ Lawrence C. Yarberry | ||||||
| Lawrence C. Yarberry | ||||||||
| Executive Vice President and Chief Financial Officer | ||||||||