content: SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
  
                                   FORM 8-K
  
                   QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                      OF THE SECURITIES EXCHANGE ACT OF 1934
  
  
  Date of Report:          July 31, 1998
  
  
                         BUILDERS TRANSPORT, INCORPORATED
                         --------------------------------
              (Exact name of registrant as specified in its charter)
  
  
             DELAWARE                    0-11300                   58-1186216
  -------------------------------     -------------          -------------------
  (State or other jurisdiction of     (Commission              (I.R.S. Employer
  incorporation or organization)      File Number)            Identification No.)
  
  
  POST OFFICE BOX 7005
  2029 WEST DEKALB STREET
  CAMDEN, SOUTH CAROLINA                                           29020-7005
  -----------------------------------------------------------------------------
  (Address of principal                                            (Zip code)
   executive offices)
  
  Registrant's telephone number, including area code             (803) 432-1400
                                                                  -------------
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Item 2.     ACQUISITION OR DISPOSITION OF ASSETS
  
  As previously reported (Form 8-K filed June 15, 1998), Builders Transport, 
  Incorporated, a Delaware corporation, and its subsidiaries filed a voluntary 
  petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. 
  Bankruptcy Court for the Northern District of Georgia, Atlanta Division 
  (jointly administered under Bankruptcy Case No. 98-68798 (Builders Transport, 
  Inc.)) on May 21, 1998, and on June 30, Schneider National, Inc. was the 
  successful bidder for Builders' assets in a bidding procedure conducted at the 
  direction of the Bankruptcy Court (Form 8-K filed July 6, 1998).
  
  Under the terms of the Asset Purchase Agreement between Schneider National, 
  Inc., a Wisconsin corporation ("Schneider"), as purchaser, and Builders 
  Transport, Incorporated, a Delaware corporation and its subsidiaries:  
  Builders Transport, Inc., CCG Corp., Inc., Builders Transport of Texas, Inc., 
  Alstaff, Inc., Applied Logistic Systems, Inc., and Grand Prairie Land Company,
  Inc., as sellers, that was finally executed on or about July 28, 1998, 
  Schneider assumed financial responsibility for all loads picked up after July 
  11, 1998, and will acquire substantially all of Builders' assets for a cash 
  purchase price of $41,789,461.00 subject to certain adjustments for such 
  things as missing or damaged rolling stock and short-falls in accounts 
  receivable on July 31, 1998.  As previously reported (Form 8-K filed July 6, 
  1998), under applicable bankruptcy law, the proceeds from the sale after 
  payment of secured creditors and bankruptcy administrative claims, will fall 
  far short of satisfying the remaining claims of Builders' unsecured creditors.
  Upon the ultimate winding up of Builders' affairs, there will be nothing 
  available for distribution to Builders' stockholders.
  
  
  Item 5.     OTHER EVENTS
  
  In a July 10, 1998 order, the Bankruptcy Court appointed Mike Guthrie, 
  formerly the Company's Chief Financial Officer, as "Responsible Party" for 
  the Debtors (Builders Transport, Incorporated, Builders Transport, Inc., CCG 
  Corp., Inc., Builders Transport of Texas, Inc., Alstaff, Inc., Applied 
  Logistic Systems, Inc., and Grand Prairie Land Company, Inc.).  As the 
  Responsible Party, Mr. Guthrie will manage the Debtors' business affairs for 
  the remainder of the Chapter 11 cases.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                       -2-
  
  
  
  
  
  
  Item 7.     FINANCIAL STATEMENTS AND EXHIBITS
  
       2.1     The Asset Purchase Agreement, dated as of July 8, 1998, by and 
  between Schneider National, Inc., a Wisconsin corporation and Builders 
  Transport, Incorporated, a Delaware corporation and its subsidiaries:  
  Builders Transport, Inc., CCG Corp., Inc., Builders Transport of Texas, Inc.,
  Alstaff, Inc., Applied Logistic Systems, Inc., and Grand Prairie Land Company,
  Inc.
  
  
       99.1    Order Granting Debtors' Motion for the Appointment of a 
  Responsible Person for the Debtors. 
  
  
  
  
  
  
  
  
                               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 31, 1998
  
  
  BUILDERS TRANSPORT, INCORPORATED
  
  
  By   /s/ T. Michael Guthrie
       -----------------------------         
  	T. Michael Guthrie
  	"Responsible Party"
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                       -3-
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 4686}]
metadata_filer: {"company-data": {"conformed-name": "BUILDERS TRANSPORT INC", "cik": "0000726617", "assigned-sic": "4213", "irs-number": "581186216", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11300", "film-number": "98674877"}, "business-address": {"street1": "P O BOX 7005", "street2": "2029 W DEKALB ST", "city": "CAMDEN", "state": "SC", "zip": "29020", "phone": "8034321400"}, "mail-address": {"street1": "PO BOX 7005", "city": "CAMDEN", "state": "SC", "zip": "29020"}}
text: SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
  
                                   FORM 8-K
  
                   QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                      OF THE SECURITIES EXCHANGE ACT OF 1934
  
  Date of Report:          July 31, 1998
  
                         BUILDERS TRANSPORT, INCORPORATED
                         --------------------------------
              (Exact name of registrant as specified in its charter)
  
             DELAWARE                    0-11300                   58-1186216
  -------------------------------     -------------          -------------------
  (State or other jurisdiction of     (Commission              (I.R.S. Employer
  incorporation or organization)      File Number)            Identification No.)
  
  POST OFFICE BOX 7005
  2029 WEST DEKALB STREET
  CAMDEN, SOUTH CAROLINA                                           29020-7005
  -----------------------------------------------------------------------------
  (Address of principal                                            (Zip code)
   executive offices)
  
  Registrant's telephone number, including area code             (803) 432-1400
                                                                  -------------
  
  Item 2.     ACQUISITION OR DISPOSITION OF ASSETS
  
  As previously reported (Form 8-K filed June 15, 1998), Builders Transport, 
  Incorporated, a Delaware corporation, and its subsidiaries filed a voluntary 
  petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. 
  Bankruptcy Court for the Northern District of Georgia, Atlanta Division 
  (jointly administered under Bankruptcy Case No. 98-68798 (Builders Transport, 
  Inc.)) on May 21, 1998, and on June 30, Schneider National, Inc. was the 
  successful bidder for Builders' assets in a bidding procedure conducted at the 
  direction of the Bankruptcy Court (Form 8-K filed July 6, 1998).
  
  Under the terms of the Asset Purchase Agreement between Schneider National, 
  Inc., a Wisconsin corporation ("Schneider"), as purchaser, and Builders 
  Transport, Incorporated, a Delaware corporation and its subsidiaries:  
  Builders Transport, Inc., CCG Corp., Inc., Builders Transport of Texas, Inc., 
  Alstaff, Inc., Applied Logistic Systems, Inc., and Grand Prairie Land Company,
  Inc., as sellers, that was finally executed on or about July 28, 1998, 
  Schneider assumed financial responsibility for all loads picked up after July 
  11, 1998, and will acquire substantially all of Builders' assets for a cash 
  purchase price of $41,789,461.00 subject to certain adjustments for such 
  things as missing or damaged rolling stock and short-falls in accounts 
  receivable on July 31, 1998.  As previously reported (Form 8-K filed July 6, 
  1998), under applicable bankruptcy law, the proceeds from the sale after 
  payment of secured creditors and bankruptcy administrative claims, will fall 
  far short of satisfying the remaining claims of Builders' unsecured creditors.
  Upon the ultimate winding up of Builders' affairs, there will be nothing 
  available for distribution to Builders' stockholders.
  
  Item 5.     OTHER EVENTS
  
  In a July 10, 1998 order, the Bankruptcy Court appointed Mike Guthrie, 
  formerly the Company's Chief Financial Officer, as "Responsible Party" for 
  the Debtors (Builders Transport, Incorporated, Builders Transport, Inc., CCG 
  Corp., Inc., Builders Transport of Texas, Inc., Alstaff, Inc., Applied 
  Logistic Systems, Inc., and Grand Prairie Land Company, Inc.).  As the 
  Responsible Party, Mr. Guthrie will manage the Debtors' business affairs for 
  the remainder of the Chapter 11 cases.
  
                                       -2-
  
  Item 7.     FINANCIAL STATEMENTS AND EXHIBITS
  
       2.1     The Asset Purchase Agreement, dated as of July 8, 1998, by and 
  between Schneider National, Inc., a Wisconsin corporation and Builders 
  Transport, Incorporated, a Delaware corporation and its subsidiaries:  
  Builders Transport, Inc., CCG Corp., Inc., Builders Transport of Texas, Inc.,
  Alstaff, Inc., Applied Logistic Systems, Inc., and Grand Prairie Land Company,
  Inc.
  
       99.1    Order Granting Debtors' Motion for the Appointment of a 
  Responsible Person for the Debtors. 
  
                               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 31, 1998
  
  BUILDERS TRANSPORT, INCORPORATED
  
  By   /s/ T. Michael Guthrie
       -----------------------------         
  	T. Michael Guthrie
  	"Responsible Party"
  
                                       -3-