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 24, 2000 USFREIGHTWAYS CORPORATION Delaware 0-19791 36-3790696 (State of Incorporation) (Commission (IRS Employer File Number) Identification No.) 8550 West Bryn Mawr Avenue, Chicago Illinois 60631 ____________________________________________ _____ (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code: (773) 824-1000 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. Item 5. Other Events. On July 24, 2000, USFreightways Corporation announced that its Board of Directors authorized a stock repurchase program of up to 1,000,000 shares of its common stock. This is in addition to the 500,000 shares of common stock authorized for repurchase on June 7, 2000. That program has been completed. Item 7. Exhibits. Exhibit 99 News Releases, dated July 24, 2000. 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: July 25, 2000 EXHIBIT 99 News Release [GRAPHIC OMITTED] FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION CONTACT: JULY 24, 2000 CHRIS ELLIS (773) 824-2205 USFreightways Corporation Announces Stock Buyback Chicago, Ill... USFreightways Corporation (NASDAQ: USFC) announced today that its Board of Directors has authorized the repurchase of up to 1,000,000 shares of its Common Stock, from time to time, commencing July 24th, in either public market or private transactions. A stock buyback authorized on June 7, 2000 for the repurchase of 500,000 shares has been completed. The Company currently has approximately 26.3 million shares outstanding. The share repurchase program does not include specific price targets or timetables and may be suspended at any time. Depending on financial and market conditions, the program could be terminated prior to completion. USFreightways provides comprehensive supply chain management services, including high-value, regional less-than-truckload (LTL) transportation, logistics, domestic and international freight forwarding and premium regional and national truckload transportation. For more information, contact the Company at www.usfreightways.com.