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 2, 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
                                                                  -------------
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                       -1-
  
  
  
  
  
  Item 5.  OTHER EVENTS
  
        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.
  98-68799 Builders Transport, Inc.)) on May 21, 1998.
  
        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.
  
        Under the terms of the bid, Schneider National will acquire 
  substantially all of Builders' assets for a cash purchase price of 
  approximately $41,800,000.  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 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
       99.1     Press release issued by Builders Transport, Incorporated on 
                July 2, 1998.
  
  
  
  
  
  
  
                                 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.
  
  
  Date:  July 2, 1998
  
                                                 BUILDERS TRANSPORT, INCORPORATED
  
  
                                                 By:  /S/ Stanford M. Dinstein
                                                    -----------------------------
                                                    Stanford M. Dinstein
                                                    Vice Chairman and
                                                    Chief Executive Officer
  
  
  
  
  
                                                                    Exhibit 99.1
  
  
  
                               BUILDERS TRANSPORT ASSETS TO BE
                                ACQUIRED BY SCHNEIDER NATIONAL
  
  
  For Immediate Release:                       Contact:   Stan Dinstein
                                                          Vice Chairman and CEO
                                                          (803)432-1400
  
  CAMDEN, S.C., July 1, 1998 - Builders Transport, Incorporated announced today 
  that Schneider National, Inc. was the successful bidder for Builders' assets in
  a bidding procedure conducted earlier this week at the direction of thc U.S. 
  Bankruptcy Court for the Northern District of Georgia.  Builders had previously
  announced its filing under Chapter 11 of the U.S. Bankruptcy Code on May 21, 
  1998.
  
  Under the terms of the bid, Schneider National will acquire substantially all 
  of Builders' assets for a cash purchase price of approximately $41,800,000. 
  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.
  
  Based in Camden, S.C., Builders Transport is a truckload carrier.  The 
  Company's stock is traded over the counter under the symbol, TRUKQ.
  
  
  
  
  For information on Builders Transport contact:
  
  Stanford M. Dinstein
  Vice Chairman, Chief Executive Officer
  (212)765-5610
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 4843}]
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": "98660441"}, "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 2, 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
                                                                  -------------
  
                                       -1-
  
  Item 5.  OTHER EVENTS
  
        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.
  98-68799 Builders Transport, Inc.)) on May 21, 1998.
  
        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.
  
        Under the terms of the bid, Schneider National will acquire 
  substantially all of Builders' assets for a cash purchase price of 
  approximately $41,800,000.  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 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
       99.1     Press release issued by Builders Transport, Incorporated on 
                July 2, 1998.
  
                                 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.
  
  Date:  July 2, 1998
  
                                                 BUILDERS TRANSPORT, INCORPORATED
  
                                                 By:  /S/ Stanford M. Dinstein
                                                    -----------------------------
                                                    Stanford M. Dinstein
                                                    Vice Chairman and
                                                    Chief Executive Officer
  
                                                                    Exhibit 99.1
  
                               BUILDERS TRANSPORT ASSETS TO BE
                                ACQUIRED BY SCHNEIDER NATIONAL
  
  For Immediate Release:                       Contact:   Stan Dinstein
                                                          Vice Chairman and CEO
                                                          (803)432-1400
  
  CAMDEN, S.C., July 1, 1998 - Builders Transport, Incorporated announced today 
  that Schneider National, Inc. was the successful bidder for Builders' assets in
  a bidding procedure conducted earlier this week at the direction of thc U.S. 
  Bankruptcy Court for the Northern District of Georgia.  Builders had previously
  announced its filing under Chapter 11 of the U.S. Bankruptcy Code on May 21, 
  1998.
  
  Under the terms of the bid, Schneider National will acquire substantially all 
  of Builders' assets for a cash purchase price of approximately $41,800,000. 
  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.
  
  Based in Camden, S.C., Builders Transport is a truckload carrier.  The 
  Company's stock is traded over the counter under the symbol, TRUKQ.
  
  For information on Builders Transport contact:
  
  Stanford M. Dinstein
  Vice Chairman, Chief Executive Officer
  (212)765-5610