##### Table of Contents









SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549





Form 10-K/ A


Amendment No. 1





|           |  |                                                                                                                                                             
|---------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------
|(Mark One) |  |                                                                                                                                                             
|þ          |  | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d)
    OF THE SECURITIES EXCHANGE ACT OF 1934
    For the fiscal year ended December 31, 2004                   
|or        
|o          |  | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
    OF THE SECURITIES EXCHANGE ACT OF 1934
    For the transition period
    from           to          .

Commission file number 0-19791





USF Corporation


(Exact name of registrant as specified in its charter)





|                                                                           |  |                                                   
|-------------------------------------------------------------------------- |  | --------------------------------------------------
|Delaware(State or other jurisdiction of
    incorporation or organization) |  | 36-3790696(I.R.S. Employer
    Identification No.)

8550 W. Bryn Mawr Ave., Ste. 700, Chicago, IL 60631


(Address of principal executive offices) (Zip Code)


(773) 824-1000


(Registrants telephone number, including area code)


Securities registered pursuant to Section 12(b) of the
Act:


|                                |  |                                          
|------------------------------- |  | -----------------------------------------
|Title of each class             |  | Name of each exchange on which registered
|                                |  |                                          
|Common Stock $.01 Par Value     |  | Nasdaq®                                  
|Preferred Stock Purchase Rights |  |                                          

Securities registered pursuant to Section 12(g) of the
Act:


1 2


1 2




þ o


o


þ o












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##### Table of Contents



Amendment No. 1 to the Annual Report of
Form 10-K


For the Fiscal Year ended December 31, 2004


EXPLANATORY NOTE








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TABLE OF CONTENTS


|                          |  |                                                                      |  |  |      |  |  | 
|------------------------- |  | -------------------------------------------------------------------- |  |  | ---- |  |  | 
|Item                      |  |                                                                      |  |  | Page | 
|                          |  |                                                                      |  |  |      | 
|PART III                  |  |                                                                      |  |  |      | 
|11.                       |  | Executive Compensation                                               |  |  | 2    | 
|12.                       |  | Security Ownership of Certain Beneficial
    Owners and Management   |  |  | 7    | 
|13.                       |  | Certain Relationships and Related
    Transactions                   |  |  | 10   | 
|PART IV                   |  |                                                                      |  |  |      | 
|15.                       |  | Exhibits, Financial Statements Schedules
    and Reports on Form 8-K |  |  | 13   | 
|Section 302 Certification
|Section 906 Certification





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##### Table of Contents






PART III







|          |                       
|--------- | ----------------------
|Item 11  | Executive Compensation

Management Compensation






| |                           
| | --------------------------
| | Summary Compensation Table

|                        |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|----------------------- |  | ---- | ---- | ------------------- | ------------ | ----------------------------- | ---------- | ----------- | ----- | ---------- | --------------- | ---------- |  | --------- | --------- | ---- | ---------- |  | --------- | --------------- |  |  | ------- |  |  |  | ------- | ----
|                        |  |      |      |                     |              | Long Term Compensation Awards |           
|                        |  |      |      | Annual Compensation |              |                               |            |            
|                        |  |      |      |                     |              |                               | Restricted |             |       | Securities |                 |            | 
|Name and                |  |      |      |                     |              | Other Annual                  |            |             | Stock |            |                 | Underlying |  |           | All Other |     
|Principal Position      |  | Year |      |                     | Salary($)(1) |                               |            | Bonus($)(1) |       |            | Compensation($) |            |  | Awards($) |           |      | Options(#) |  |           | Compensation($) | 
|                        |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 | 
|Paul J. Liska           |  |      | 2004 | (2)                 |              |                               | 88,269     |             |       |            | 0               |            |  |           | 0         |      |            |  | 0         |                 |  |  | 0       |  |  |  | 0       |     
|Executive Chairman      |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Director                |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Thomas J. Bergmann      |  |      | 2004 | (3)                 |              |                               | 416,170    |             |       |            | 0               |            |  |           | 14,867    | (4)  |            |  | 1,240,550 | (5)             |  |  | 50,000  |  |  |  | 0       |     
|Interim Chief Executive |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Officer &               |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Chief Financial Officer |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Steven Caddy            |  |      | 2004 |                     |              |                               | 305,288    |             |       |            | 0               |            |  |           | 11,439    | (6)  |            |  | 371,100   | (5)             |  |  | 0       |  |  |  | 7,701   | (7) 
|President,              |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|USF Holland             |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Edward R. Fitzgerald    |  |      | 2004 |                     |              |                               | 282,000    |             |       |            | 0               |            |  |           | 5,810     | (8)  |            |  | 315,435   | (5)             |  |  | 0       |  |  |  | 8,948   | (9) 
|President,              |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|USF Reddaway            |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Douglas R. Waggoner     |  |      | 2004 |                     |              |                               | 277,339    |             |       |            | 0               |            |  |           | 373,639   | (10) |            |  | 315,435   | (5)             |  |  | 0       |  |  |  | 8,194   | (11)
|President,              |  |      | 2003 |                     |              |                               | 260,000    |             |       |            | 36,036          |            |  |           | 39,096    | (10) |            |  | 0         |                 |  |  | 0       |  |  |  | 31,759  | (11)
|USF Bestway             |  |      | 2002 | (12)                |              |                               | 239,583    |             |       |            | 138,700         | (13)       |  |           | 54,120    | (10) |            |  | 0         |                 |  |  | 35,000  |  |  |  | 528     | (11)
|Richard P. DiStasio     |  |      | 2004 | (14)                |              |                               | 708,974    | (15)        |       |            | 0               |            |  |           | 20,180    | (16) |            |  | 0         |                 |  |  | 0       |  |  |  | 1,260   | (17)
|Former President &      |  |      | 2003 | (18)                |              |                               | 184,696    |             |       |            | 500,000         | (19)       |  |           | 0         |      |            |  | 600,000   | (20)            |  |  | 100,000 |  |  |  | 40,529  | (17)
|Chief Executive Officer |  |      |      |                     |              |                               |            |             |       |            |                 |            |  |           |           |      |            |  |           |                 |  |  |         |  |  |  |         |     
|Christopher L. Ellis    |  |      | 2004 |                     |              |                               | 715,000    | (21)        |       |            | 0               |            |  |           | 82,097    | (22) |            |  | 0         |                 |  |  | 0       |  |  |  | 9,107   | (23)
|Senior Vice President & |  |      | 2003 |                     |              |                               | 330,000    |             |       |            | 45,738          |            |  |           | 0         |      |            |  | 0         |                 |  |  | 0       |  |  |  | 49,927  | (23)
|Chief Financial Officer |  |      | 2002 |                     |              |                               | 330,000    |             |       |            | 198,600         |            |  |           | 0         |      |            |  | 0         |                 |  |  | 20,000  |  |  |  | 195,900 | (23)






| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | (1) | Amounts shown include cash compensation earned and received by
    executive officers as well as amounts earned but deferred at the
    election of those officers.                                                                                                                                                                                                                                                                                                                                       
|
| | (2) | Mr. Liska was elected Executive Chairman of the Board of
    Directors of the Company on November 2, 2004.                                                                                                                                                                                                                                                                                                                                                                                                
|
| | (3) | Mr. Bergmann has served as Interim Chief Executive Officer
    since November 2, 2004.                                                                                                                                                                                                                                                                                                                                                                                                                    
|
| | (4) | Consists in 2004 of an auto allowance of $11,000, reimbursement
    for gasoline of $1,935, the Companys payment of $337 in
    term life insurance premiums on Mr. Bergmanns behalf
    and the Companys payment of $1,595 in premiums on
    Mr. Bergmanns behalf for the Supplemental Income
    Protection Program.                                                                                                                                                                               
|
| | (5) | The shares represented by the restricted stock award are subject
    to a forfeiture restriction if either of Messrs. Bergmann,
    Caddy, Fitzgerald or Waggoners employment is terminated by
    the Company for cause, or if any of them resign. This
    restriction lapses with respect to 100% of the shares on the
    third anniversary date of the award. The number of restricted
    shares held on December 31, 2004 and the value of such
    shares at the end of last year was as follows:

|               |  |                  |        |  |                            |   |           | 
|-------------- |  | ---------------- | ------ |  | -------------------------- | - | --------- | 
|Individual     |  | Number of Shares |        |  | Value on December 31, 2004 |  
|               |  |                  |        |  |                            |  
|Mr. Bergmann   |  |                  | 35,000 |  |                            | $ | 1,328,250 | 
|Mr. Caddy      |  |                  | 10,000 |  |                            |   | 379,500   | 
|Mr. Fitzgerald |  |                  | 8,500  |  |                            |   | 322,575   | 
|Mr. Waggoner   |  |                  | 8,500  |  |                            |   | 322,575   | 

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| |     |                                                                                                                                                                                                                                                                                                                        
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | (6) | Consists of payments made to Mr. Caddy totaling $7,759 for
    personal use of a company car, the Companys payment of
    $734 in term life insurance premiums on Mr. Caddys
    behalf and the Companys payment of $2,946 in premiums on
    Mr. Caddys behalf for the Supplemental Income
    Protection Program.
|
| | (7) | Consists of a Company contribution to Mr. Caddys
    401(k) plan maintained by the Company.                                                                                                                                                                                                                           
|
| | (8) | Consists of payments made to Mr. Fitzgerald of $5,450 for
    personal use of a company car, the Companys payment of
    $360 in term life insurance premiums on
    Mr. Fitzgeralds behalf.                                                                                                                         
|
| | (9) | Consists of a Company contribution to Mr. Fitzgeralds
    401(k) plan maintained by the Company.                                                                                                                                                                                                                      



|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(10) | Consists in 2004 of payments made to Mr. Waggoner totaling
    $358,327 for relocation expenses, $5,000 for an outside personal
    life insurance for Mr. Waggoner, $5,968 for personal use of
    a company car, the Companys payment of $675 in term life
    insurance premiums on Mr. Waggoners behalf and the
    Companys payment of $3,668.57 in premiums on
    Mr. Waggoners behalf for the Supplemental Income
    Protection Program. Consists in 2003 of payments made to
    Mr. Waggoner totaling $25,014 for relocation expenses and
    $10,622 for personal use of a company car. Consists in 2002 of
    payments made to Mr. Waggoner totaling $54,120 for
    relocation expenses.                                                                                                                                                                                                                                                       
|    
|(11) | Consists in 2004 of a Company contribution to
    Mr. Waggoners 401(k) plan maintained by the Company.
    Consists in 2003 of the Companys contribution of $6,705 to
    Mr. Waggoners 401(k) plan maintained by the Company,
    the Companys payment of $675 in term life insurance
    premiums on Mr. Waggoners behalf, a Company
    contribution of $2,176 to Mr. Waggoners non-qualified
    deferred compensation plan maintained by the Company and a
    Company contribution of $22,203 to Mr. Waggoners
    account under the capital accumulation plan maintained by the
    Company. Consists in 2002 of the Companys payment of $394
    in term life insurance premiums on Mr. Waggoners
    behalf and $134 in income imputed to Mr. Waggoner arising
    from below market interest rates charged to Mr. Waggoner on
    a loan made to Mr. Waggoner on June 20, 2002 by the
    Company pursuant to the Companys relocation program.
|    
|(12) | Mr. Waggoner was named Senior Vice President, Strategic
    Marketing, effective February 1, 2002.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|    
|(13) | Includes a $35,000 bonus paid to Mr. Waggoner when he
    joined the Company on February 1, 2002.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|    
|(14) | Mr. DiStasio left the Company on November 2, 2004.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|    
|(15) | Includes a severance payment of $183,333.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|    
|(16) | Consists in 2004 of an auto allowance of $12,000, $3,738 for use
    of Company aircraft, reimbursement for gasoline of $1,265, the
    Companys payment of $863 in term life insurance premiums
    on Mr. DiStasios behalf and the Companys
    payment of $2,314 in premiums on Mr. DiStasios behalf
    for the Supplemental Income Protection Program.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|    
|(17) | Consists in 2004 of a Company contribution to
    Mr. DiStasios 401(k) plan maintained by the Company.
    Consists in 2003 of the Companys payment of $141 in term
    life insurance premiums on Mr. DiStasios behalf, a
    Company contribution of $11,536 to Mr. DiStasios
    non-qualified deferred compensation plan maintained by the
    Company and a Company contribution of $28,852 to
    Mr. DiStasios account under the capital accumulation
    plan maintained by the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|    
|(18) | Mr. DiStasio was elected President and Chief Executive
    Officer of the Company on September 15, 2003.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|    
|(19) | Includes a signing bonus of $300,000 and guaranteed bonus of
    $200,000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|    
|(20) | The shares represented by the restricted stock award were
    subject to a forfeiture restriction if Mr. DiStasios
    employment was terminated by the Company for cause, or if he
    resigns. The restriction lapsed with respect to 100% of the
    shares upon Mr. DiStasios termination, which was not
    for cause.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|    
|(21) | Includes a severance payment of $385,000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|    
|(22) | Consists of $821 for personal use of a company car, $73,116 of
    imputed income for forgiveness of collateral lien on a
    split-dollar life insurance policy, the Companys payment
    of $1,935 in term life insurance premiums on
    Mr. Ellis behalf and the Companys payment of
    $6,225 in premiums on Mr. Ellis behalf for the
    Supplemental Income Protection Program.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(23) | Consists in 2004 of a Company contribution to
    Mr. Elliss 401(k) plan maintained by the Company.
    Consists in 2003 of a Company contribution of $7,060 to
    Mr. Ellis 401(k) plan maintained by the Company, the
    Companys payment of $1,935 in term life insurance premiums
    on Mr. Ellis behalf, $34,720 in split-dollar life
    insurance premiums on Mr. Ellis behalf, and a Company
    contribution of $4,212 to Mr. Ellis non-qualified
    deferred compensation plan maintained by the Company. Consists
    in 2002 of a Company contribution of $6,750 to
    Mr. Ellis 401(k) plan maintained by the Company, the
    Companys payment of $2,096 in term life insurance premiums
    on Mr. Ellis behalf, $34,720 in split-dollar life
    insurance premiums on Mr. Ellis behalf, a Company
    contribution of $9,108 to Mr. Ellis non-qualified
    deferred compensation plan maintained by the Company and a
    Company contribution of $143,226 to Mr. Ellis account
    under the supplemental executive retirement plan maintained by
    the Company.

Employment Contracts and Change in Control Agreements




| |                     
| | --------------------
| | Employment Contracts











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| |                                
| | -------------------------------
| | Severance Protection Agreements





| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | a lump sum payment in an amount equal to one or two times the
    sum of his base salary (as determined under the severance
    protection agreement), plus his target bonus amount (equal to
    the greater of (i) such employees target bonus amount
    on the date of the change in control and (ii) such
    employees target bonus amount on the date of termination
    of employment);                                                                                                                                           
|
| |  | for either 12 or 18 months following his termination date,
    life insurance coverage substantially similar to those that he
    was receiving or entitled to receive immediately prior to the
    termination and, if the officer elects continuation coverage as
    mandated under the Consolidated Omnibus Budget Reconciliation
    Act of 1985 (COBRA), payment of the full cost of such coverage
    during the 12- or 18-month period, or, if shorter, until the
    officer is no longer eligible for COBRA continuation coverage;
|
| |  | full vesting of all equity awards;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|
| |  | reasonable fees for outplacement service, at the expense of USF,
    for up to six months following such termination of employment;                                                                                                                                                                                                                                                                                                                                                                                                         
|
| |  | reimbursement for any additional tax liability incurred as a
    result of excise taxes imposed or payments deemed to be
    attributable to the change in control; and                                                                                                                                                                                                                                                                                                                                                                     
|
| |  | payment of any and all reasonable legal fees incurred as a
    result of efforts to enforce his severance protection agreement,
    which, for the severance protection agreements of certain
    officers, is payable only if such employee prevails on at least
    one material issue in dispute.                                                                                                                                                                                                                                        





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| |                            
| | ---------------------------
| | Executive Retention Program





| |                       
| | ----------------------
| | Option Grants for 2004



|                     |  |                      |        |                  |                        |  |       |                |  |                      |            |  |  |       |          |  |        |  |           |  |  |  |           | 
|-------------------- |  | -------------------- | ------ | ---------------- | ---------------------- |  | ----- | -------------- |  | -------------------- | ---------- |  |  | ----- | -------- |  | ------ |  | --------- |  |  |  | --------- | 
|                     |  |                      |        |                  |                        |  |       |                |  | Potential Realizable |           
|                     |  |                      |        | Value at Assumed |                       
|                     |  | Individual Grants(1) |        |                  | Annual Rates of Stock  | 
|                     |  |                      |        |                  | Price Appreciation for | 
|                     |  | Number of Shares     |        |                  | % of Total Options     |  |       |                |  | Option Term(2)       |           
|                     |  | Underlying Options   |        |                  | Granted to             |  |       | Exercise Price |  |                      | Expiration |  |  |       |         
|                     |  | Granted(#)           |        |                  | Employees in 2004      |  |       | ($/Sh.)        |  |                      | Date       |  |  | 5%($) |          |  | 10%($) | 
|                     |  |                      |        |                  |                        |  |       |                |  |                      |            |  |  |       |          |  |        | 
|Paul J. Liska        |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 
|Thomas E. Bergmann   |  |                      | 50,000 |                  |                        |  | 76.92 |                |  |                      | 32.43      |  |  |       | 2/4/2014 |  |        |  | 1,019,753 |  |  |  | 2,584,253 | 
|Steven Caddy         |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 
|Edward R. Fitzgerald |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 
|Douglas R. Waggoner  |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 
|Richard P. DiStasio  |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 
|Christopher L. Ellis |  |                      | 0      |                  |                        |  | 0     |                |  |                      |           |  |  |       |         |  |        |  |          |  |  |  |          | 






|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | The potential realizable value columns of the table illustrate
    values that might be realized upon exercise of the options
    immediately prior to their expiration, assuming our Common Stock
    appreciates at the compounded rates specified over the term of
    the options. These numbers do not take into account provisions
    of certain options providing for termination of the options
    following termination of employment or nontransferability of the
    options and do not make any provision for taxes associated with
    exercise. Because actual gains will depend, among other things,
    on future performance of the Common Stock, the amount reflected
    in this table may not necessarily be achieved.
|   
|(2) | Options are at the market price on the grant date and vest
    20% per year beginning on the first anniversary date of the
    grant date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

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Aggregated Option Exercises in 2004 and December 31,
2004 Option Values




|                     |  |                |         |  |                |                        |                       |             |                         |                          |               |  |  |             |        |  |               |  |        |  |  |  |         | 
|-------------------- |  | -------------- | ------- |  | -------------- | ---------------------- | --------------------- | ----------- | ----------------------- | ------------------------ | ------------- |  |  | ----------- | ------ |  | ------------- |  | ------ |  |  |  | ------- | 
|                     |  |                |         |  |                | Number of Shares       |                       |             |                        
|                     |  |                |         |  |                | Underlying Unexercised |                       |             | Value of Unexercised In |                         
|                     |  |                |         |  |                | Options at             |                       |             | the Money Options at    |                         
|                     |  | Share Acquired |         |  |                |                        | December 31, 2004 (#) |             |                         | December 31, 2004 ($)(2) |              
|                     |  | on Exercise    |         |  | Value Realized |                        |                       |             |                         |                          |               | 
|                     |  | (#)            |         |  | ($)(1)         |                        |                       | Exercisable |                         |                          | Unexercisable |  |  | Exercisable |        |  | Unexercisable | 
|                     |  |                |         |  |                |                        |                       |             |                         |                          |               |  |  |             |        |  |               | 
|Paul J. Liska        |  |                | 0       |  |                |                        | 0                     |             |                         |                          | 5,000         |  |  |             | 10,000 |  |               |  | 61,130 |  |  |  | 103,020 | 
|Thomas E. Bergmann   |  |                | 0       |  |                |                        | 0                     |             |                         |                          | 10,000        |  |  |             | 40,000 |  |               |  | 55,200 |  |  |  | 220,800 | 
|Steven Caddy         |  |                | 2,400   |  |                |                        | 14,974                |             |                         |                          | 8,400         |  |  |             | 11,200 |  |               |  | 39,310 |  |  |  | 76,769  | 
|Edward R. Fitzgerald |  |                | 0       |  |                |                        | 0                     |             |                         |                          | 5,600         |  |  |             | 5,400  |  |               |  | 38,920 |  |  |  | 49,530  | 
|Douglas R. Waggoner  |  |                | 3,000   |  |                |                        | 16,800                |             |                         |                          | 15,000        |  |  |             | 17,000 |  |               |  | 88,407 |  |  |  | 122,141 | 
|Richard P. DiStasio  |  |                | 20,000  |  |                |                        | 70,150                |             |                         |                          | 0             |  |  |             | 0      |  |               |  | 0      |  |  |  | 0       | 
|Christopher L. Ellis |  |                | 195,000 |  |                |                        | 1,771,950             |             |                         |                          | 33,000        |  |  |             | 0      |  |               |  | 23,600 |  |  |  | 0       | 






|    |                                                                                                                                                                                                                                                    
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | Calculated as the difference between the fair market value of
    our Common Stock at the time of the option exercise and the
    exercise price.                                                                                                  
|   
|(2) | Based on the fair market value of $37.95 per share as of
    December 31, 2004 (the last trading day before end of the
    last fiscal year), the closing sales price of our Common Stock
    on that date as reported by The Nasdaq® Stock Market.






|          |                                                                   
|--------- | ------------------------------------------------------------------
|Item 12  | Security Ownership of Certain Beneficial Owners and
    Management



7



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##### Table of Contents





|                                                             |                                  |                         |           |                      |                       |  |       |   | 
|------------------------------------------------------------ | -------------------------------- | ----------------------- | --------- | -------------------- | --------------------- |  | ----- | - | 
|                                                             |                                  |                         |           | Percentage of Shares |                      
|                                                             |                                  | Amount and Nature of    |           |                      | of Common Stock       | 
|Name and Address of Beneficial Owner                         |                                  | Beneficial Ownership(a) |           |                      | Beneficially Owned(b) | 
|                                                             |                                  |                         |           |                      |                       | 
|FMR Corp.                                                    |                                  |                         | 3,059,666 | (c)                  |                       |  | 10.73 | %
|                                                             | 82 Devonshire Street             |                         |           |                      |                       |  |       |   | 
|                                                             | Boston, MA 02109                 |                         |           |                      |                       |  |       |   | 
|Citigroup Inc.                                               |                                  |                         | 2,748,168 | (d)                  |                       |  | 9.64  | %
|                                                             | 399 Park Avenue                  |                         |           |                      |                       |  |       |   | 
|                                                             | New York, NY 10043               |                         |           |                      |                       |  |       |   | 
|Dimensional Fund Advisors Inc.                               |                                  |                         | 1,831,226 | (e)                  |                       |  | 6.42  | %
|                                                             | 1299 Ocean Avenue, 11th Floor    |                         |           |                      |                       |  |       |   | 
|                                                             | Santa Monica, CA 90401           |                         |           |                      |                       |  |       |   | 
|AXA Financial, Inc. and affiliates                           |                                  |                         | 1,733,346 | (f)                  |                       |  | 6.08  | %
|                                                             | 1290 Avenue of the Americas      |                         |           |                      |                       |  |       |   | 
|                                                             | New York, NY 10104               |                         |           |                      |                       |  |       |   | 
|Wellington Management Company, LLP                           |                                  |                         | 1,717,732 | (g)                  |                       |  | 6.03  | %
|                                                             | 75 State St.                     |                         |           |                      |                       |  |       |   | 
|                                                             | Boston, MA 02109                 |                         |           |                      |                       |  |       |   | 
|Mac Per Wolf Company                                         |                                  |                         | 1,627,086 | (h)                  |                       |  | 5.71  | %
|                                                             | 310 S. Michigan Ave., Suite 2600 |                         |           |                      |                       |  |       |   | 
|                                                             | Chicago, IL 60604                |                         |           |                      |                       |  |       |   | 
|HYMF Limited                                                 |                                  |                         | 1,547,887 | (i)                  |                       |  | 5.43  | %
|                                                             | 45 Fremont St. 17th Fl           |                         |           |                      |                       |  |       |   | 
|                                                             | San Francisco, CA 94105          |                         |           |                      |                       |  |       |   | 
|Paul J. Liska (Executive Chairman)                           |                                  |                         | 7,214     |                      |                       |  | *     |  
|Morley Koffman                                               |                                  |                         | 60,780    | (j)                  |                       |  | *     |  
|Stephen W. Lilienthal                                        |                                  |                         | 3,845     |                      |                       |  | *     |  
|Anthony J. Paoni                                             |                                  |                         | 20,085    |                      |                       |  | *     |  
|Michael L. Thompson                                          |                                  |                         | 572       |                      |                       |  | *     |  
|Neil A. Springer                                             |                                  |                         | 38,585    |                      |                       |  | *     |  
|Glenn R. Richter                                             |                                  |                         | 0         |                      |                       |  | *     |  
|Thomas E. Bergmann                                           |                                  |                         | 45,000    |                      |                       |  | *     |  
|Steven Caddy                                                 |                                  |                         | 18,400    |                      |                       |  | *     |  
|Edward R. Fitzgerald                                         |                                  |                         | 14,424    |                      |                       |  | *     |  
|Douglas R. Waggoner                                          |                                  |                         | 23,500    |                      |                       |  | *     |  
|Richard DiStasio                                             |                                  |                         | 0         |                      |                       |  | *     |  
|Christopher L. Ellis                                         |                                  |                         | 0         |                      |                       |  | *     |  
|All directors and executive officers as a group (13 persons) |                                  |                         | 232,405   |                      |                       |  | *     |  






|  |  |             
|- |  | ------------
|* |  | Less than 1%



|    |                                                                                                                                                                       
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(a) | Unless otherwise indicated, the persons named below have sole
    voting and investment power with respect to the number of shares
    set forth opposite their names.



|    |  |                                                                                                                                                                                                                                                                                                            
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(b) |  | Based on 28,509,953 shares outstanding as of March 28,
    2005.                                                                                                                                                                                                                                           
|   
|(c) |  | According to information provided to USF in a Schedule 13G/
    A, FMR Corp. had the following voting and dispositive powers
    with respect to shares: (a) sole voting power, none;
    (b) shared voting power, none; (c) sole dispositive
    power, 3,059,666; and (d) shared dispositive power, none.

8



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##### Table of Contents





|    |  |                                                                                                                                                                                                                                                                                                                                             
|--- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(d) |  | According to information filed with the Securities and Exchange
    Commission, Citigroup Inc. was the indirect owner of
    2,748,168 shares.                                                                                                                                                                                              
|   
|(e) |  | According to information provided to USF in a
    Schedule 13G/A, Dimensional Fund Advisors Inc. had the
    following voting and dispositive powers with respect to shares:
    (a) sole voting power, 1,831,226; (b) shared voting
    power, none; (c) sole dispositive power, 1,831,226; and
    (d) shared dispositive power, none.    
|   
|(f) |  | According to information provided to USF in a Schedule 13G,
    AXA Financial, Inc. had the following voting and dispositive
    powers with respect to shares: (a) sole voting power,
    1,438,980; (b) shared voting power, 12,265; (c) sole
    dispositive power, 1,733,346; and (d) shared dispositive
    power, none.               
|   
|(g) |  | According to information provided to USF in a
    Schedule 13G/A, Wellington Management Company, LLP had the
    following voting and dispositive powers with respect to shares:
    (a) sole voting power, none; (b) shared voting power,
    1,526,552; (c) sole dispositive power, none; and
    (d) shared dispositive power, 1,717,732.
|   
|(h) |  | According to information provided to USF in a
    Schedule 13G/A, Mac Per Wolf Company had the following
    voting and dispositive powers with respect to shares:
    (a) sole voting power, 1,627,086; (b) shared voting
    power, none; (c) sole dispositive power, 1,627,086; and
    (d) shared dispositive power, none.              
|   
|(i) |  | According to information provided to USF in a Schedule 13G,
    HYMF Limited had the following voting and dispositive powers
    with respect to shares: (a) sole voting power, 1,415,714;
    (b) shared voting power, none; (c) sole dispositive
    power, 1,547,887; and (d) shared dispositive power, none.                            
|   
|(j) |  | Includes 1,250 shares held indirectly through 1575 Holdings
    Ltd.                                                                                                                                                                                                                                                                        

Equity Compensation Plan Table




|                                                              |       |                      |           |           |                      |                      |                     |                       |  |  |           |           | 
|------------------------------------------------------------- | ----- | -------------------- | --------- | --------- | -------------------- | -------------------- | ------------------- | --------------------- |  |  | --------- | --------- | 
|                                                              |       |                      |           |           |                      | (c)                  |                    
|                                                              |       |                      |           |           |                      | Number of securities |                    
|                                                              |       |                      |           |           |                      | remaining available  |                    
|                                                              |       | (a)                  |           |           |                      |                      | for future issuance |                      
|                                                              |       | Number of securities |           |           | (b)                  |                      |                     | under equity          | 
|                                                              |       | to be issued upon    |           |           | Weighted-average     |                      |                     | compensation plans    | 
|                                                              |       | exercise of          |           |           | exercise price of    |                      |                     | (excluding securities | 
|                                                              |       | outstanding options, |           |           | outstanding options, |                      |                     | reflected             | 
|Plan category                                                 |       | warrants and rights  |           |           | warrants and rights  |                      |                     | in column (a))        | 
|                                                              |       |                      |           |           |                      |                      |                     |                       | 
|Equity compensation plans approved by security holders(1)     |       |                      | 1,384,913 |           |                      | $                    | 31.71               |                       |  |  | 1,836,335 | (3)      
|Equity compensation plans not approved by security holders(2) |       |                      | 0         |           |                      |                      | 0                   |                       |  |  | 140,910   | (4)      
|                                                              |       |                      |           |           |                      |                      |                     |                       | 
|                                                              | TOTAL |                      |           | 1,384,913 |                      |                      | $                   | 31.71                 |  |  |           | 1,977,245 | 
|                                                              |       |                      |           |           |                      |                      |                     |                       | 






|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | Consists of the Long-Term Incentive Plan, the Employee Stock
    Purchase Plan, the Directors Option Plan, and the 1992
    Stock Option Plan. Under the Employee Stock Purchase Plan,
    purchases are made on or about the last day of each month and,
    accordingly, as of the close of business on December 31,
    2004, no purchase rights remain outstanding. The securities
    reflected in column (a) do not include 70,500 shares
    of restricted stock that have been issued, but are not yet
    vested.
|   
|(2) | Consists of the Directors Compensation Plan and the
    Non-Qualified Employee Stock Purchase Plan. Under the
    Non-Qualified Employee Stock Purchase Plan, purchases are made
    on the last day of each month and, accordingly, as of the close
    of business on December 31, 2004, no purchase rights
    remained outstanding.                                                                                                                                                                                   
|   
|(3) | 227,000 remaining shares may be issued as restricted stock
    awards under our Long-Term Incentive Plan and no shares remain
    available for issuance under our Employee Stock Purchase Plan.                                                                                                                                                                                                                                                                                                                           

9



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##### Table of Contents





|    |                                                                                                                                                                                              
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(4) | Includes 128,901 shares available for issuance under our
    Non-Qualified Employee Stock Purchase Plan and
    12,009 shares available for grants under the Directors
    Compensation Plan.

Directors Compensation Plan




Non-Qualified Employee Stock Purchase Plan











|          |                                               
|--------- | ----------------------------------------------
|Item 13  | Certain Relationships and Related Transactions







| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                 
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | Pursuant to the terms of the Merger Agreement, one of the seven
    members of the Companys board will be appointed as a
    director of Yellow Roadway.                                                                                                                                                                                                                                                                                       
|
| |  | Under the terms of the Severance Agreements entered into between
    the Company and certain of its officers, if an officers
    employment with the Company (or its successor) is terminated
    other than for cause during the severance
    period or the officer resigns for good reason
    (as each such term is defined in the officers severance
    protection agreement), that officer is entitled to severance
    benefits,

10



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##### Table of Contents



| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   | including excise tax gross-up payments for excess parachute
    payments received in connection with the Merger. See above under
    the sub-heading Severance Protections Agreements in
    Item 11.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|
| |  | Upon consummation of the Merger and subject to the terms of the
    executive retention program, retention payments in an aggregate
    amount of $4.7 million will be made to certain executive
    officers of the Company. A retention payment will be paid by the
    Company to the applicable executive if either: (A) the
    executive is employed on the effective date of the Merger and on
    the 12-month anniversary thereof or (B) if the executive is
    involuntarily terminated without cause, resigns for
    good reason (as each such term is defined in the
    executive retention program), becomes disabled or dies before
    the 12-month anniversary of the Merger. See above under the
    sub-heading Executive Retention Program in
    Item 11.
|
| |  | Pursuant to a letter agreement dated February 27, 2005,
    entered into between the Company and Paul J. Liska, Executive
    Chairman of the Company, the Company will pay Mr. Liska at
    the effective time of the Merger a transaction fee in the amount
    of $2.19 million if the Company completes the merger,
    provided that Mr. Liska has not voluntarily resigned as
    Executive Chairman prior thereto. Under the terms of the letter
    agreement, Mr. Liska is to receive certain payments should
    he be terminated other than for cause (as defined in
    the letter agreement). See above under the sub-heading
    Employment Contracts in Item 11.                                                                                                   
|
| |  | Each option to purchase the Company shares granted under a
    Company stock plan that is outstanding immediately prior to the
    effective time of the Merger will become fully vested and fully
    exercisable at the effective time and, depending on the exercise
    price of the option, the holders of certain options may receive
    a cash payment in exchange for the cancellation and termination
    of such unexercised options.                                                                                                                                                                                                                                                                                                                                      
|
| |  | Each share of restricted Company stock granted under a Company
    stock plan that is outstanding immediately prior to the
    effective time of the Merger will become fully vested and all
    restrictions relating to such Company shares shall lapse at the
    effective time.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|
| |  | Each phantom stock unit granted under a Company stock plan or
    under another agreement (each, a PSU) will become
    fully vested and the Company will be required to pay the holder
    of such PSU a cash payment in exchange for the cancellation and
    termination of such PSU.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|
| |  | Under the Merger Agreement, Yellow Roadway has agreed to
    indemnify and hold harmless all past and present officers and
    directors of the Company for certain liabilities arising both
    before and, in some cases, after the Merger.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|
| |  | For a period of six years after the effective time of the
    Merger, Yellow Roadway has agreed that it will provide the
    Companys current officers and directors certain liability
    insurance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                



11



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|                              |  |               |           |           |          |   |           |              |           |   |            |            |  |          |           |  |  |   |           | 
|----------------------------- |  | ------------- | --------- | --------- | -------- | - | --------- | ------------ | --------- | - | ---------- | ---------- |  | -------- | --------- |  |  | - | --------- | 
|                              |  |               |           | Thomas E. |          |   |           |              | Edward R. |   |            | Douglas R. | 
|                              |  | Paul J. Liska |           |           | Bergmann |   |           | Steven Caddy |           |   | Fitzgerald |            |  | Waggoner |          
|                              |  |               |           |           |          |   |           |              |           |   |            |            |  |          |          
|Severance Payment             |  |               |          |           |          | $ | 2,200,000 |              |           | $ | 1,203,200  |            |  | $        | 1,116,000 |  |  | $ | 1,062,000 | 
|Retention Bonus               |  |               |          |           |          |   | 1,500,000 |              |           |   | 500,000    |            |  |          | 400,000   |  |  |   | 400,000   | 
|Pro Rata Bonus                |  |               |          |           |          |   | 272,740   |              |           |   | 139,643    |            |  |          | 122,981   |  |  |   | 117,030   | 
|Transaction Fee               |  | $             | 2,190,000 |           |          |   |          |              |           |   |           |            |  |          |          |  |  |   |          | 
|Contractual Payment           |  |               | 810,000   |           |          |   |          |              |           |   |           |            |  |          |          |  |  |   |          | 
|CAP Plan                      |  |               |          |           |          |   | 88,450    |              |           |   | 96,861     |            |  |          | 147,521   |  |  |   | 84,895    | 
|Stock Options                 |  |               | 269,900   |           |          |   | 628,500   |              |           |   | 254,258    |            |  |          | 166,000   |  |  |   | 436,148   | 
|Restricted Stock              |  |               |          |           |          |   | 1,575,000 |              |           |   | 450,000    |            |  |          | 382,500   |  |  |   | 382,500   | 
|PSUs*                         |  |               | 400,080   |           |          |   |          |              |           |   |           |            |  |          |          |  |  |   |          | 
|Benefits Continuation         |  |               |          |           |          |   | 32,250    |              |           |   | 31,500     |            |  |          | 31,500    |  |  |   | 31,500    | 
|Outplacement                  |  |               |          |           |          |   | 25,000    |              |           |   | 16,000     |            |  |          | 16,000    |  |  |   | 16,000    | 
|Gross-Up Adjustment           |  |               | 1,475,530 |           |          |   | 1,971,861 |              |           |   | 860,433    |            |  |          | 862,859   |  |  |   | 625,426   | 
|Reimbursement of Excise Taxes |  |               | 893,433   |           |          |   | 1,193,962 |              |           |   | 514,840    |            |  |          | 488,810   |  |  |   | 378,695   | 






|  |                                                                                                                                                                                                                                                                                                                    
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|* | Based on 4,891 PSUs granted to Mr. Liska as of
    March 1, 2005 and, for purposes of calculating the number
    of PSUs to be granted to Mr. Liska during the period from
    March 1, 2005 to June 30, 2005, assuming a closing
    price of Company Common Stock of $45.00 per share
    throughout such period.



Change in value for each $1.00 change in the deemed per share
merger consideration of $45.00


|                              |  |               |        |           |          |       |        |              |           |       |            |            |  |          |        |  |  |       |        | 
|----------------------------- |  | ------------- | ------ | --------- | -------- | ----- | ------ | ------------ | --------- | ----- | ---------- | ---------- |  | -------- | ------ |  |  | ----- | ------ | 
|                              |  |               |        | Thomas E. |          |       |        |              | Edward R. |       |            | Douglas R. | 
|                              |  | Paul J. Liska |        |           | Bergmann |       |        | Steven Caddy |           |       | Fitzgerald |            |  | Waggoner |       
|                              |  |               |        |           |          |       |        |              |           |       |            |            |  |          |       
|Stock Options*                |  | +/- $         | 15,000 |           |          | +/- $ | 50,000 |              |           | +/- $ | 19,600     |            |  | +/- $    | 11,000 |  |  | +/- $ | 32,000 | 
|Restricted Stock**            |  |               |       |           |          |       |       |              |           |       |           |            |  |          |       |  |  |       |       | 
|PSUs***                       |  | +/- $         | 4,891  |           |          |       |       |              |           |       |           |            |  |          |       |  |  |       |       | 
|Gross-Up Adjustment           |  | +/- $         | 1,334  |           |          | +/- $ | 6,475  |              |           | +/- $ | 1,184      |            |  | +/- $    | 626    |  |  | +/- $ | 1,580  | 
|Reimbursement of Excise Taxes |  | +/- $         | 808    |           |          | +/- $ | 3,921  |              |           | +/- $ | 708        |            |  | +/- $    | 354    |  |  | +/- $ | 957    | 






|    |                                                                                                                                                                                                                                                                                                                                                                                                                 
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|*   | Assumes that the deemed per share merger consideration is
    greater than the average exercise price of such options.                                                                                                                                                                                                                                                                                          
|   
|**  | Value does not change because persons are assumed to have made a
    valid cash election.                                                                                                                                                                                                                                                                                                                       
|   
|*** | Based on 4,891 PSUs granted to Mr. Liska as of
    March 1, 2005 and, for purposes of calculating the number
    of PSUs to be granted to Mr. Liska during the period from
    March 1, 2005 to June 30, 2005, using a base closing
    price of Company Common Stock of $45.00 per share, adjusted
    to reflect the change in value in the deemed per share merger
    consideration, throughout such period.

12



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##### Table of Contents






PART IV







|          |                                                                     
|--------- | --------------------------------------------------------------------
|Item 15  | Exhibits, Financial Statements Schedules and Reports on
    Form 8-K





Schedule II  Valuation and Qualifying
Accounts


USF Corporation


Three Years ended December 31, 2004


|                                                                                 |  |            |        |  |            |   |       |            |  |               |   |         |         |   |       |  |  |   |        | 
|-------------------------------------------------------------------------------- |  | ---------- | ------ |  | ---------- | - | ----- | ---------- |  | ------------- | - | ------- | ------- | - | ----- |  |  | - | ------ | 
|                                                                                 |  | Additions  |       
|                                                                                 |  |            |       
|                                                                                 |  | Balance at |        |  | Charges to |   |       | Charged to |  |               |   | Balance |        
|                                                                                 |  | Beginning  |        |  | Costs and  |   |       | Other      |  |               |   | at End  |        
|Description                                                                      |  | of Year    |        |  | Expenses   |   |       | Accounts   |  | Deductions(1) |   |         | of Year |  
|                                                                                 |  |            |        |  |            |   |       |            |  |               |   |         |         |  
|Year ended December 31, 2002                                                     |  |            |        |  |            |   |       |            |  |               |   |         |         |   |       |  |  |   |        | 
|Accounts receivable allowances for revenue adjustments and
    doubtful accounts |  | $          | 11,606 |  |            | $ | 9,373 |            |  | $             |  |         |         | $ | 7,393 |  |  | $ | 13,586 | 
|Year ended December 31, 2003                                                     |  |            |        |  |            |   |       |            |  |               |   |         |         |   |       |  |  |   |        | 
|Accounts receivable allowances for revenue adjustments and
    doubtful accounts |  | $          | 13,586 |  |            | $ | 5,933 |            |  | $             |  |         |         | $ | 8,489 |  |  | $ | 11,030 | 
|Year ended December 31, 2004                                                     |  |            |        |  |            |   |       |            |  |               |   |         |         |   |       |  |  |   |        | 
|Accounts receivable allowances for revenue adjustments and
    doubtful accounts |  | $          | 11,030 |  |            | $ | 5,680 |            |  | $             |  |         |         | $ | 5,578 |  |  | $ | 11,132 | 
|                                                                                 |  |            |        |  |            |   |       |            |  |               |   |         |         |   |      






|    |                                                               
|--- | --------------------------------------------------------------
|(1) | Primarily uncollectible accounts written off net of recoveries



|        |   |                      |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|------- | - | -------------------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit |   |                     
|Number  |   | Document Description
|        |   |                     
|        | 2 | .1                   |  | Agreement and Plan of Merger, dated as of February 27,
    2005, by and among USF Corporation, Yellow Roadway Corporation
    and Yankee II LLC (incorporated by reference from
    Exhibit 2.1 to USF Corporation Current Report on
    Form 8-K filed March 3, 2005). Pursuant to
    Item 601(b)(2) of Regulation S-K, certain schedules,
    exhibits and similar attachments to the Agreement and Plan of
    Merger have not been filed with this exhibit. The schedules
    contain various items relating to the assets of the business
    being acquired and the representations and warranties made by
    the parties to the Agreement and Plan of Merger. The Registrant
    agrees to furnish supplementally any omitted schedule, exhibit
    or similar attachment to the SEC upon request.
|        | 3 | .1                   |  | Amended and Restated Certificate of Incorporation of USF
    Corporation (incorporated by reference from Exhibit 3.1 to
    USF Corporation Transition Report on Form 10-K, from
    June 29, 1991 to December 28, 1991); Certificate of
    Designation for Series A Junior Participating Cumulative
    Preferred Stock (incorporated by reference from
    Exhibit 3(a) to USF Corporation Annual Report on
    Form 10-K for the year ended January 1, 1994);
    Certificate of Amendment of Restated Certificate of
    Incorporation of USF Corporation (incorporated by reference from
    Exhibit 3.1 to USF Corporation Annual Report on
    Form 10-K for the year ended December 31, 2003).                                                                                                    
|        | 3 | .2                   |  | Bylaws of USF Corporation, as restated as of January 29,
    2004 (incorporated by reference from Exhibit 3.1 to USF
    Corporation Quarterly Report on Form 10-Q for the quarter
    ended April 3, 2004).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|        | 4 | .1                   |  | Indenture, dated as of May 5, 1999 among USF Corporation,
    the Guarantors named therein and Bank One, Michigan, as Trustee
    (as the successor-in-interest to NBD Bank) (incorporated by
    reference from Exhibit 4.1 to USF Corporation Current
    Report on Form 8-K, filed on May 11, 1999).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

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|        |    |                      |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|------- | -- | -------------------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit |    |                     
|Number  |    | Document Description
|        |    |                     
|        | 4  | .2                   |  | First Supplemental Indenture, dated as of January 31, 2000
    among USF Corporation, the Guarantors named therein and Bank
    One, Michigan, as Trustee (as the successor-in-interest to NBD
    Bank) (incorporated by reference from Exhibit to USF Corporation
    Registration Statement on Form S-3, filed on
    January 31, 2000, Registration No. 333-95777).                                                                                                                                                       
|        | 10 | .1                   |  | USF Corporation Stock Option Plan (incorporated by reference
    from Exhibit 10.18 to USF Corporation Transition Report on
    Form 10-K from June 29, 1991 to December 28,
    1991).                                                                                                                                                                                                                                                                                                                                       
|        | 10 | .2                   |  | Stock Option Plan for Non-Employee Directors amended and
    restated as of March 14, 2003 (incorporated by reference
    from Exhibit 10.1 to USF Corporation Quarterly Report on
    Form 10-Q for the quarter ended July 5, 2003).                                                                                                                                                                                                                                                                                         
|        | 10 | .3                   |  | Employment Agreement of Christopher L. Ellis dated
    December 16, 1991 (incorporated by reference from
    Exhibit 10(g) to USF Corporation Annual Report on
    Form 10-K for the year ended January 1, 1994).                                                                                                                                                                                                                                                                                                             
|        | 10 | .4                   |  | Form of Election of Deferral (incorporated by reference from
    Exhibit 10(h) to USF Corporation Annual Report on
    Form 10-K for the year ended December 31, 1994).                                                                                                                                                                                                                                                                                                                                                       
|        | 10 | .5                   |  | USF Long-Term Incentive Plan amended and restated as of
    May 2, 2003 (incorporated by reference from
    Exhibit 10.2 to USF Corporation Quarterly Report on
    Form 10-Q for the quarter ended July 5, 2003).                                                                                                                                                                                                                                                                                                            
|        | 10 | .6                   |  | $200,000 Credit Agreement dated as of October 24, 2002
    among USF Corporation, the banks named therein and Harris Trust
    and Savings Bank, as administrative agent (incorporated by
    reference from Exhibit 10.6 to USF Corporation Annual
    Report on Form 10-K for the year ended December 31,
    2002), and amended as of December 15, 2004 among USF
    Corporation, the banks named therein and Harris Trust and
    Savings Bank, as administrative agent (filed with this Annual
    Report on Form 10-K).
|        | 10 | .7                   |  | Form of Irrevocable Guaranty and Indemnity relating to the
    Credit Agreement described in Exhibit 10(m) (incorporated
    by reference from Exhibit 10(l) to USF Corporation Annual
    Report on Form 10-K for the year ended January 3,
    1998).                                                                                                                                                                                                                                                                       
|        | 10 | .8                   |  | USF Corporation Non-Qualified Deferred Compensation Plan
    (incorporated by reference from Exhibit 10(q) to USF
    Corporation Annual Report on Form 10-K for the year ended
    December 31, 1998).                                                                                                                                                                                                                                                                                                                       
|        | 10 | .9                   |  | Retirement Agreement of Samuel K. Skinner dated as of
    April 22, 2003 (incorporated by reference from
    Exhibit 10.4 to USF Corporation Quarterly Report on
    Form 10-Q for the quarter ended July 5, 2003).                                                                                                                                                                                                                                                                                                           
|        | 10 | .10                  |  | 61/2%
    Guaranteed Note due May 1, 2009 (incorporated by reference
    from Exhibit 4.2 to USF Corporation Current Report on
    Form 8-K, filed on May 11, 1999).                                                                                                                                                                                                                                                                                                                                                          
|        | 10 | .11                  |  | 81/2%
    Guaranteed Note due on April 15, 2010 (incorporated by
    reference from Exhibit 4.1 to USF Corporation Current
    Report on Form 8-K, filed on April 26, 2000).                                                                                                                                                                                                                                                                                                                                                  
|        | 10 | .12                  |  | Consulting Agreement and Release of John Campbell Carruth dated
    as of October 27, 2000 (incorporated by reference from
    Exhibit 10(o) to USF Corporation Annual Report on
    Form 10-K for the year ended December 31, 2000).                                                                                                                                                                                                                                                                                         
|        | 10 | .13                  |  | USF Corporation Supplemental Executive Retirement Plan
    (incorporated by reference from Exhibit 10(p) to USF
    Corporation Annual Report on Form  10-K for the year
    ended December 31, 2000).                                                                                                                                                                                                                                                                                                                        
|        | 10 | .14                  |  | Employment Agreement of Richard P. DiStasio dated as of
    September 15, 2003 (incorporated by reference from
    Exhibit 10.1 to USF Corporation Quarterly Report on
    Form 10-Q for the quarter ended October 4, 2003).                                                                                                                                                                                                                                                                                                  
|        | 10 | .15                  |  | USF Corporation Capital Accumulation Plan (incorporated by
    reference from Exhibit 10.15 to USF Corporation Annual
    Report on Form 10-K for the year ended December 31,
    2003).                                                                                                                                                                                                                                                                                                                                      

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|        |    |                      |  |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|------- | -- | -------------------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit |    |                     
|Number  |    | Document Description
|        |    |                     
|        | 10 | .16                  |  | Employment Agreement of Thomas E. Bergmann dated as of
    February 2, 2004 (incorporated by reference from
    Exhibit 10.1 to USF Corporation Quarterly Report on
    Form 10-Q for the quarter ended April 3, 2004), and
    amended under an Employment Letter Agreement dated as of
    February 7, 2005 (incorporated by reference from
    Exhibit 10.2 to USF Corporation Current Report on
    Form 8-K filed February 7, 2005).
|        | 10 | .17                  |  | Employment Letter Agreement of Paul J. Liska dated as of
    February 7, 2005 (incorporated by reference from
    Exhibit 10.1 to USF Corporation Current Report on
    Form 8-K filed February 7, 2005).                                                                                                                                                                                                                                
|        | 10 | .18                  |  | USF Corporation Board of Directors Fee Schedule (incorporated by
    reference from Exhibit 10.18 to USF Corporation Annual
    Report on Form 10-K for the year ended December 31,
    2004).                                                                                                                                                                                                                                           
|        | 10 | .19                  |  | USF Corporation 2005 Annual Incentive Plan (incorporated by
    reference from Exhibit 10.19 to USF Corporation Annual
    Report on Form 10-K for the year ended December 31,
    2004).                                                                                                                                                                                                                                                
|        | 10 | .20                  |  | Separation Agreement and General Release Agreement between USF
    Corporation and Richard P. DiStasio dated as of November 2,
    2004 (incorporated by reference from Exhibit 10.1 to USF
    Corporation Current Report on Form 8-K filed
    November 2, 2004).                                                                                                                                                                      
|        | 10 | .21                  |  | Form of Amendment to USF Corporation Severance Protection
    Agreement (incorporated by reference from Exhibit 10.1 to
    USF Corporation Current Report on Form 8-K filed
    March 3, 2005).                                                                                                                                                                                                                                         
|        | 10 | .22                  |  | Form of USF Corporation Severance Protection Agreement
    (incorporated by reference from Exhibit 10.2 to USF
    Corporation Current Report on Form 8-K filed March 3,
    2005).                                                                                                                                                                                                                                                      
|        | 10 | .23                  |  | USF Corporation Executive Retention Program (incorporated by
    reference from Exhibit 10.3 to USF Corporation Current
    Report on Form 8-K filed March 3, 2005).                                                                                                                                                                                                                                                                     
|        | 10 | .24                  |  | Letter Agreement, dated February 27, 2005 between USF
    Corporation and Paul J. Liska (incorporated by reference from
    Exhibit 10.4 to USF Corporation Current Report on
    Form 8-K filed March 3, 2005).                                                                                                                                                                                                                         
|        | 21 |                      |  | Subsidiaries of USF Corporation (incorporated by reference from
    Exhibit 21 to USF Corporation Annual Report on
    Form 10-K for the year ended December 31, 2004).                                                                                                                                                                                                                                                                  
|        | 23 |                      |  | Consent of Deloitte & Touche LLP (incorporated by
    reference from Exhibit 23 to USF Corporation Annual Report
    on Form 10-K for the year ended December 31, 2004).                                                                                                                                                                                                                                                                 
|        | 24 |                      |  | Power of Attorney (incorporated by reference from
    Exhibit 24 to USF Corporation Annual Report on
    Form 10-K for the year ended December 31, 2004).                                                                                                                                                                                                                                                                                
|        | 31 |                      |  | Certification Pursuant to Section 302 of the Sarbanes-Oxley
    Act of 2002.                                                                                                                                                                                                                                                                                                                                                             
|        | 32 |                      |  | Certification Pursuant to Section 906 of the Sarbanes-Oxley
    Act of 2002.                                                                                                                                                                                                                                                                                                                                                             



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SIGNATURES






| |                
| | ---------------
| | USF Corporation



| |     |                      
| | --- | ---------------------
| | By: | /s/ Richard C. Pagano

| |                                       
| | --------------------------------------
| |                                       
| | Richard C. Pagano                     
| | Senior Vice President, General Counsel
| | and Secretary                         

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