Document:

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                                                                   EXHIBIT 10.8

                       SECOND AMENDMENT TO LOAN AGREEMENT

      THIS SECOND AMENDMENT TO LOAN AGREEMENT ("Amendment") is made as of the
29th day of JUNE, 2004, by and among UNIVERSAL TRUCKLOAD SERVICES, INC., a
corporation organized and existing under the laws of Michigan with its principal
place of business at 11355 Stephens Road, Warren, Michigan 48089 (the
"Borrower"), UNIVERSAL AM-CAN, LTD., a corporation organized and existing under
the laws of Delaware with its principal place of business at 11355 Stephens
Road, Warren, Michigan 48089 ("Universal"), THE MASON AND DIXON LINES,
INCORPORATED, a corporation organized and existing under the laws of Delaware
with its principal place of business at 11355 Stephens Road, Warren, Michigan
48089 ("Mason Dixon"), MASON DIXON INTERMODAL, INC., a corporation organized and
existing under the laws of Michigan with its principal place of business at
11355 Stephens Road, Warren, Michigan 48089 ("Mason Intermodal"), ECONOMY
TRANSPORT, INC., a corporation organized and existing under the laws of Michigan
with its principal place of business at 11355 Stephens Road, Warren. Michigan
48089 ("Economy"), and LOUISIANA TRANSPORTATION, INC., a corporation organized
and existing under the laws of Michigan with its principal place of business at
11355 Stephens Road, Warren, Michigan 48089 ("Louisiana") (Universal, Mason
Dixon, Mason Intermodal, Economy and Louisiana sometimes herein collectively
referred to as "Co-Borrowers"), and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a
national banking association organized and existing under the statutes of the
United States of America, with its principal place of business at 165 Madison
Avenue, Memphis, Tennessee 38103 (the "Bank").

                                Recitals of Fact

      Pursuant to the terms and provisions of that certain Loan Agreement ("Loan
Agreement"), bearing date of the 31st day of December, 2001, among Borrower,
Mason Dixon, Universal and the Bank, the Bank, as amended by First Amendment to
Loan Agreement dated May 11, 2004, among Borrower. Mason Dixon, Universal and
Mason Intermodal, the Bank committed to make loans and advances and extensions
of credit to the Borrower and/or Co-Borrowers on a revolving credit basis, in an
amount not to exceed, at any one time outstanding, the principal sum of Twenty
Million Dollars ($20,000,000.00). Borrower has requested an increase in its loan
and additional subsidiaries of the Borrower are being added as Co-Borrowers of
the loan and, as a result thereof, it is necessary to amend the Loan Agreement.

      NOW, THEREFORE, for and in consideration of the premises, as set forth in
the Recitals of Fact, and other good and valuable considerations, the receipt
and sufficiency of which are hereby acknowledged, it is agreed by the parties as
follows:

                                   Agreements

      1. Section One of the Loan Agreement is hereby amended by adding the
following definitions:

            "Economy Security Agreement" means the Security Agreement dated June
      29, 2004, executed by Economy and all amendments or modifications thereto,
      pledging its Accounts Receivable as security for the Loan.

            "Louisiana Security Agreement" means the Security Agreement dated
      June 29, 2004, executed by Louisiana and all amendments or modifications
      thereto, pledging its Accounts Receivable as security for the Loan.

<PAGE>

      2. Section One of the Loan Agreement is hereby amended by amending the
definitions of "Account Debtor," "Accounts Receivable," "Accounts," "Loan
Agreement," "Note," "Security Agreements," and "Termination Date," as follows:

            "Account Debtor" shall mean any Person, which is now, or hereafter
      obligated or indebted to any Co-Borrower on any Account Receivable.

            "Accounts Receivable" or "Accounts" shall mean all amounts owed to a
      Co-Borrower on account of sales, leases or rentals of goods or services
      rendered in the ordinary course of the applicable Co-Borrower's trade or
      business, but excluded from this definition are any accounts arising out
      of the leasing of trucks, trailers, tractors and equipment.

            "Loan Agreement" means this Loan Agreement between the Borrower,
      Universal, Mason Dixon and the Bank dated December 31, 2001, as amended by
      the First Amendment to Loan Agreement dated May 11, 2004, between
      Borrower, Universal, Mason Intermodal, Mason Dixon and the Bank, as
      amended by Second Amendment to Loan Agreement dated June 29, 2004, among
      Borrower, Universal, Mason Dixon, Mason Intermodal, Economy, Louisiana and
      Bank.

            "Note" means the promissory note of the Borrower, Mason Dixon and
      Universal dated December 31, 2001, in the principal amount of Twenty
      Million Dollars ($20,000,000.00), payable to the order of the Bank, as
      amended by Amended and Restated Promissory Note of Borrower, Mason Dixon,
      Mason Intermodal and Universal dated May 11, 2004, in the principal amount
      of Twenty Million Dollars ($20,000,000.00), as amended by the Second
      Amended and Restated Promissory Note of Borrower, Mason Dixon, Universal,
      Mason Intermodal, Economy and Louisiana dated June 29, 2004, in the
      principal amount of Forty Million Dollars ($40,000,000.00), which
      evidences the Loan, as such note may be modified, renewed or extended from
      time to time; and any other note or notes executed at any time to evidence
      the Loan in whole or in part.

            "Security Agreements" shall mean the Universal Security Agreement,
      the Mason Intermodal Security Agreement, the Mason Dixon Security
      Agreement, the Economy Security Agreement and the Louisiana Security
      Agreement.

            "Termination Date" shall mean the 31st day of August, 2005, unless
      such date is extended pursuant to the provisions of Section 9.12 hereof,
      in which event such extended date shall be the Termination Date.

      3. Sections 2.1, 2.3 and 3.1 of the Loan Agreement are hereby modified as
follows:

            2.1 The Commitment. Subject to the terms and conditions herein set
      out, the Bank agrees and commits, from time to time, from the Closing Date
      until the Termination Date, to make loan advances to the Borrower, and/or
      any Co-Borrower and to issue letters of credit, all in an aggregate
      principal amount not to exceed, at any one time outstanding, the lesser of
      (a) Forty Million Dollars ($40,000,000.00); or (b) the Borrower's
      Borrowing Base, as defined in Section One.

            2.3 The Note and Interest. (a) All advances with respect to the Loan
      shall be evidenced by the promissory note of the Borrower, payable to the
      order of the Bank in the principal amount of Forty Million Dollars
      ($40,000,000.00), in form substantially the same as the copy of the Note
      attached hereto as EXHIBIT "B." The entire principal amount of the Loan
      shall be due and payable on the Termination Date. The unpaid principal
      balances of the Loan shall bear interest from the Closing Date on
      disbursed and unpaid principal balances (calculated on the basis of a year
      of 360 days) at a rate per annum as specified in the Note. Said interest
      shall be payable

                                        2
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      monthly on the first day of each month after the Closing Date, with the
      final installment of interest being due and payable on the Termination
      Date, or on such earlier date as the Loan shall become due and payable.

            (b) In the event that the Bank should at any time agree to increase
      the Committed Amount, the Borrower and Co-Borrowers will either execute a
      new note for the amount of such increase, or a new note for the aggregate
      increased Committed Amount; and in either event, the term "Note", as used
      herein, shall be deemed to mean and include such new note, as the
      circumstances shall require.

            3.1 Required Repayments. In the event that the outstanding principal
      balance of the Loan shall at any time exceed the Borrower's Borrowing
      Base, the Borrower and/or any Co-Borrower will, within two (2) Business
      Days upon discovery of the existence of such excess, make a principal
      payment which will reduce the outstanding principal balance of the Loan to
      an amount which does not exceed the Borrowing Base.

      4. Sections 5.1, 5.2, 5.4 and 5.11 of the Loan Agreement are amended to
read as follows:

            5.1 Incorporation. It is a corporation duly organized, validly
      existing and in good standing under the laws of the State of Michigan; it
      has the power and authority to own its properties and assets and is duly
      qualified to carry on its business in every jurisdiction wherein such
      qualification is necessary. Each Co-Borrower is a corporation duly
      organized, validly existing and in good standing under the laws of the
      State of Delaware (or Michigan, as to Mason Intermodal, Economy and
      Louisiana); each has the power and authority to own its properties and
      assets and is duly qualified to carry on their business in every
      jurisdiction wherein such qualification is necessary.

            5.2 Power and Authority. The execution, delivery and performance of
      this Loan Agreement and the Note and Security Agreements, executed
      pursuant thereto by the Borrower and/or any Co-Borrower, have been duly
      authorized by all requisite action and will not violate any provision of
      law, any order of any court or other agency of government, the Articles of
      Incorporation or Bylaws of the Borrower or any Co-Borrower, any provision
      of any indenture, agreement or other instrument to which Borrower or any
      Co-Borrower is a party, or by which Borrower's or any Co-Borrower's
      properties or assets are bound, or be in conflict with, result in a breach
      of, or constitute (with due notice or lapse of time or both) a default
      under any such indenture, agreement or other instrument, or result in the
      creation or imposition of any lien, charge or encumbrance of any nature
      whatsoever upon any of the properties or assets of Borrower or any
      Co-Borrower, or any Subsidiary of the Borrower except for liens and other
      encumbrances provided for and securing the indebtedness covered by this
      Loan Agreement.

            5.4 Title to Assets. Borrower and each Co-Borrower have good and
      marketable title to material properties and assets shown to be owned by
      them as reflected on the balance sheet referred to in Section 5.3 hereof,
      except for (i) such assets as have been disposed of since said date as no
      1onger used or useful in the conduct of business, (ii) Accounts Receivable
      collected and properly accounted for, and (iii) items which have been
      amortized in accordance with Generally Accepted Accounting Principles
      applied on a consistent basis.

            5.11 Subsidiaries. Borrower owns no Subsidiary actively engaged in
      business other than Universal, Mason Intermodal, Mason Dixon, Economy
      Transport, Inc. and Louisiana Transportation, Inc., which are wholly-owned
      Subsidiaries. Neither Universal, Mason Intermodal nor Mason Dixon own any
      Subsidiary.

                                        3
<PAGE>

      5. Section 6.5(iii) of the Loan Agreement is hereby amended to read as
follows:

            (iii) Borrower shall furnish to Bank monthly (or at such other
      frequency as Bank may require), a Periodic Report (Borrowing Base
      Certificate) executed by a duly authorized officer of Borrower
      substantially in the form of EXHIBIT "D" attached hereto and each of
      Co-Borrower shall also furnish the aging report required under Section
      5(f) of the Security Agreements.

      6. Section 6.8 of the Loan Agreement is hereby amended to read as follows:

                  6.8 Financial Covenants. Maintain the following financial
            status as of the end of each fiscal quarter of the Borrower as
            hereinafter set forth, on a consolidated basis with all
            subsidiaries, and each defined term used in this Section 6.8, or
            incorporated or used in the calculations herein required of any
            defined term, shall be determined on a consolidated basis of
            Borrower, and all subsidiaries:

                  (i) As of the fiscal quarter ending June 30, 2004 and as of
            the end of each fiscal quarter thereafter, a Tangible Net Worth of
            not less than Fifteen Million Dollars ($15,000,000.00).

                  (ii) As of the fiscal quarter ending June 30, 2004 and as of
            the end of each fiscal quarter thereafter, a ratio of total
            liabilities to Tangible Net Worth of no more than 4.0 to 1.0.

      7. Section 7.2 of the Loan Agreement is hereby amended to read as follows:

            7.2 Additional Encumbrances. Pledge or grant a lien on or a security
      interest in any of the assets being pledged under any of the Security
      Agreements, other than the liens in favor of the Bank.

      8. Section Eight of the Loan Agreement is hereby amended in its entirety
to read as follows:

      SECTION EIGHT: AFFIRMATIVE AND NEGATIVE COVENANTS OF CO-BORROWERS.

            Borrower and each Co-Borrower covenant and agree that from the date
      hereof and until payment in full of the principal of and interest on the
      Loan, unless the Bank shall otherwise consent in writing, such consent to
      be at the discretion of the Bank,:

                  8.1 [Section 8.1 is deleted in its entirety]

            8.2 Right of Inspection. Borrower and each Co-Borrower shall permit
      the Bank, upon two (2) Business Days notice to visit and inspect any of
      the properties, corporate books and financial reports of the Borrower and
      each Co-Borrower and to discuss its affairs, finances and accounts with
      its principal officers, at all such reasonable times and as often as the
      Bank may reasonably request.

            8.3 Further Encumbrances. No Co-Borrower shall pledge or grant a
      lien on or a security interest in any of its assets being pledged under
      the Security Agreements, other than the liens in favor of the Bank.

                                        4
<PAGE>

      9. Sections 9.3, 9.4, 9.5, 9.6 and 9.8 of the Loan Agreement are hereby
amended to read as follows:

            9.3 Representation or Warranty. Any representation or warranty made
      by the Borrower herein or in any of the Security Agreements, or in any
      report, certificate, financial statement or other writing furnished in
      connection with or pursuant to this Loan Agreement shall prove to be
      false, misleading or incomplete in any material respect on the date as of
      which made or any representation or warranty made by any Co-Borrower in
      any of the Security Agreements, or in any report, certificate, financial
      statement or other writing furnished in connection with or pursuant to the
      Security Agreements or this Loan Agreement shall prove to be false,
      misleading or incomplete in any material respect on the date as of which
      made; or

            9.4 Covenants. The Borrower or any Co-Borrower defaults in the
      performance or observance of any covenant, condition, agreement or
      undertaking on its part to be performed or observed, as contained herein,
      in any of the Security Agreements or in any other instrument or document
      which now or hereafter evidences, secures or relates to all or any part of
      the Loan or any extensions of credit made pursuant hereto; or

            9.5 Bankruptcy, Etc. The Borrower or any Co-Borrower shall make an
      assignment for the benefit of creditors, file a petition in bankruptcy,
      petition or apply to any tribunal for the appointment of a custodian,
      receiver or any trustee for it or him or a substantial part of its, his or
      her assets, or shall commence any proceeding under any bankruptcy,
      reorganization, arrangement, readjustment of debt, dissolution or
      liquidation law or statute of any jurisdiction, whether now or hereafter
      in effect; or if there shall have been filed any such petition or
      application, or any such proceeding shall have been commenced against
      Borrower or any Co-Borrower in which an order for relief is entered or
      which remains undismissed for a period of thirty (30) days or more; or
      Borrower or any Co-Borrower by any act or omission shall indicate its, his
      or her consent to, approval of or acquiescence in any such petition,
      application or proceeding or order for relief or the appointment of a
      custodian, receiver or any trustee for it or him or any substantial part
      of any of its, his or her properties, or shall suffer any such
      custodianship, receivership or trusteeship to continue undischarged for a
      period of thirty (30) days or more; or any Co-Borrower shall generally not
      pay its, his or her debts as such debts become due; or

            9.6 Concealment of Property, Etc. The Borrower or any Co-Borrower
      shall have concealed, removed, or permitted to be concealed or removed,
      any part of its, his or her property, with intent to hinder, delay or
      defraud its, his or her creditors or any of them, or made or suffered a
      transfer of any of its, his or her property which may be fraudulent under
      any bankruptcy, fraudulent conveyance or similar law; or shall have made
      any transfer of its, his or her property to or for the benefit of a
      creditor at a time when other creditors similarly situated have not been
      paid; or shall have suffered or permitted, while insolvent, any creditor
      to obtain a lien upon any of its, his or her property through legal
      proceedings or distraint which is not vacated within thirty (30) days from
      the date thereof; or

            9.8 Notice and Cure Periods. The occurrence of any foregoing events
      listed in Sections 9.1, 9.2, 9.3, 9.4, 9.5, 9.6 and 9.7 hereof shall be an
      Event of Default if the same remains uncured in full after the Bank has
      provided written notice to Borrower, and to the applicable Co-Borrower (as
      the case may be) of such default and Borrower's or the applicable
      Co-Borrower's failure to cure within the applicable Cure Period.

      10. Section 10.4 of the Loan Agreement is hereby modified to read as
follows:

            10.4 Survival of Agreements; Assignments. All agreements,
      representations and warranties made herein shall survive the delivery of
      the Note. This Loan Agreement shall be binding upon, and inure to the
      benefit of the parties hereto and their respective heirs, successors, and
      permitted assigns, except that the Borrower shall not have the right to
      assign its rights

                                        5
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      hereunder or any interest therein and Bank shall not have the right to
      assign any part of the Loan or grant participations therein without the
      consent of the Borrower whose consent shall not be unreasonably withheld;
      provided Borrower consents to the participation in the Loan by Branch
      Banking & Trust Company ("BB&T"). Furthermore, BB&T shall not have any
      right to assign or grant any interest in their participation in the Loan
      without the consent of the Borrower whose consent shall not be
      unreasonably withheld.

      11. Section 10.14 of the Loan Agreement is hereby modified to read as
follows:

            10.14 Fees and Expenses. The Borrower agrees to pay, or reimburse
      the Bank for, the actual out of pocket expenses, including reasonable
      counsel fees and fees of any accountants, inspectors or other similar
      experts, on a time and charges basis, as reasonably deemed necessary by
      the Bank, incurred by the Bank in connection with the development,
      preparation, execution, amendment, recording, administration [excluding
      the salary of Bank's employees and Bank's normal and usual overhead
      expenses, but including the costs of any field exams of Borrower and each
      Co-Borrower, which, so long as there is no Event of Default, shall not
      exceed Four Thousand Dollars ($4,000.00) annually] or enforcement of, or
      the preservation of any rights under this Loan Agreement, the Note, the
      Security Agreements, and any other instrument or document which now or
      hereafter secures the Loan.

      12. Section 10.22 of the Loan Agreement is hereby deleted in its entirety.

      13. Exhibit "A" to the Loan Agreement is hereby deleted in its entirety
and inserted in lieu thereof is EXHIBIT "A" attached hereto.

      14. The Loan Agreement is further modified and amended by the addition
thereto of a new exhibit, being EXHIBIT "B," in form and substance substantially
the same as EXHIBIT "B" attached to this Amendment.

      15. Acquisition. It is understood that Borrower, or one of its existing
subsidiaries who is already a Co-Borrower, may be acquiring AFA Enterprises,
Inc. ("AFA") and its subsidiaries ("AFA Subsidiaries"), certain of which AFA
Subsidiaries [namely, Great American Lines, Inc. and Great American Logistics,
Inc. (the "New Co-Borrowers")] the Borrower wishes to make parties to this
Agreement as additional Co-Borrowers. The Bank consents to certain AFA
Subsidiaries being made parties to this Agreement so as to become Co-Borrowers
under the following terms:

            (a) Borrower provides Bank evidence satisfactory to Bank of that
      Borrower, or one of the Co-Borrowers, has acquired AFA and the AFA
      Subsidiaries including the New Co-Borrowers, AFA is the subsidiary of the
      Borrower or one of the Co-Borrowers and the New Co-Borrowers are
      subsidiaries of AFA and that such subsidiaries are the only subsidiaries
      of AFA that have or generate Accounts Receivables.

            (b) Borrower has provided UCC lien searches on each New Co-Borrower
      showing no liens or encumbrances filed against the assets of the New
      Co-Borrower.

            (c) Borrower, Co-Borrowers and each New Co-Borrower execute and
      deliver to Bank a Third Amendment to the Loan Agreement, attached as
      EXHIBIT "1" hereto, and a Third Amended and Restated Note, attached as
      EXHIBIT "2" hereto.

                                        6
<PAGE>

            (d) Each New Co-Borrower shall enter into a Security Agreement, the
      forms of which are attached hereto as EXHIBITS "3" AND "4."

            (e) Each of Universal, Mason Dixon, Mason Intermodal, Economy and
      Louisiana shall enter into an amendment to their respective Security
      Agreements in form attached as EXHIBITS "5," "6," "7," "8" AND "9" hereto.

            (f) Borrower shall provide charter, by-laws, certificates of good
      standing on each New Co-Borrower and certificates of no-change on
      Borrower, Universal, Mason Dixon, Mason Intermodal, Economy and Louisiana,
      certified by the secretary of each corporation, as well as resolutions
      from each of the Borrower, Universal, Mason Dixon, Mason, International,
      Louisiana and each of the New Co-Borrowers authorizing the execution,
      delivery and performance of the transactions contemplated by this Section.

            (g) An opinion of counsel for Borrower, each Co-Borrower and each
      New Co-Borrower in form similar to the opinions previously provided but
      also addressing the law of the state of Pennsylvania, as to each New
      Co-Borrower.

            (h) Borrower agrees to pay for all expenses (including reasonable
      attorney's fees and expenses on a time and charge basis) with respect to
      the modification.

            (i) Borrower shall have provided to Bank UCC-1's in the form
      attached as EXHIBIT "10" hereto.

      16. All terms and provisions of the Loan Agreement which are inconsistent
with the provisions of this Amendment are hereby modified and amended to conform
hereto; and, as so modified and amended, the Loan Agreement is hereby ratified,
approved and confirmed. Except as otherwise may be expressly provided herein,
this Amendment shall become effective as of the date set forth in the initial
paragraph hereof.

                                        7
<PAGE>

      17. All references in all Loan Documents to the Loan Agreement shall,
except as the context may otherwise require, be deemed to constitute references
to the Loan Agreement as amended hereby.

      18. This Second Amendment to Loan Agreement may be executed in any number
of counterparts by the different parties hereto, each of which when so executed
and delivered shall be deemed an original and all of which when taken together
shall constitute one and the same instrument.

      IN WITNESS WHEREOF, the Borrower, Co-Borrowers' and the Bank have caused
this Agreement to be executed by their respective officers, duly authorized so
to do, all as of the day and year first above written.

UNIVERSAL TRUCKLOAD SERVICES, INC.,            UNIVERSAL AM-CAN, LTD.,
a Michigan corporation                         a Delaware corporation

By: /s/ Donald B. Cochran                      By: /s/ Donald B. Cochran
    ---------------------------------              -----------------------------
Title: President                               Title: President
                             BORROWER

FIRST TENNESSEE BANK NATIONAL                  THE MASON AND DIXON LINES,
ASSOCIATION                                    INCORPORATED
                                               a Delaware corporation

By: /s/ Gavin Turner                           By: /s/ Leo Blumenauer
    ---------------------------------              -----------------------------
Title: Loan Officer                            Title: President
                                 BANK

                                               ECONOMY TRANSPORT, INC.,
                                               a Michigan corporation

                                               By: /s/ James McManus
                                                   -----------------------------
                                               Title: President

                                               LOUISIANA TRANSPORTATION, INC.,
                                               a Michigan corporation

                                               By: /s/ Michael L. Whitaker
                                                   -----------------------------
                                               Title: President

                                               MASON DIXON INTERMODAL, INC.,
                                               a Michigan corporation

                                               By: /s/ J. H. Rubino
                                                   -----------------------------
                                               Title: President

                                                                    CO-BORROWERS

                                        8<PAGE>

                                                                   EXHIBIT 10.9

                                                                       UNIVERSAL

                     SECOND AMENDMENT TO SECURITY AGREEMENT

      THIS AMENDMENT is made and entered into on this the 29th day of June,
2004, by and between UNIVERSAL AM-CAN, LTD., a Delaware corporation, whose
address is 11355 Stephens Road, Warren, Michigan 48089, party of the first part,
hereinafter called "Grantor," and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a
national banking association, whose address is 165 Madison Avenue, Memphis,
Tennessee 38103, Attention: Commercial Finance Division, party of the second
part, hereinafter called the "Bank."

                                Recitals of Fact

      Grantor as Debtor, has heretofore made, executed and delivered to the
Bank, as Secured Party, that certain Security Agreement ("Security Agreement")
bearing date of the 31st day of December, 2001, as amended by First Amendment to
Security Agreement dated May 11, 2004, for the purpose of securing the payment
of certain Obligations, as mentioned and defined in the Security Agreement.

      Grantor, together with Universal Truckload Services, Inc. ("Universal
Truckload"), The Mason and Dixon Lines, Incorporated ("Mason Dixon"), Mason
Dixon Intermodal, Inc. ("Mason Intermodal"), Economy Transportation, Inc.
("Economy") and Louisiana Transportation, Inc. ("Louisiana"), has this day made,
executed and delivered to the Bank its Amended and Restated Revolving Credit
Note in the principal sum of Forty Million Dollars ($40,000,000.00); and as a
result thereof, the parties desire to modify and amend the Security Agreement as
hereinafter provided.

      NOW, THEREFORE, for and in consideration of the premises, as set forth in
the Recitals of Fact, and other good and valuable considerations, the receipt
and sufficiency of which are hereby acknowledged, it is agreed by the parties as
follows:

                                   Agreements

      1. Paragraphs 3(a), 3(b) and 3(c) of the Security Agreement are hereby
modified and amended to read as follows:

            (a) The full and prompt payment; when due, of the indebtedness (and
      interest thereon) evidenced and to be evidenced by that certain promissory
      note, bearing date of the 31st day of December, 2001, in the principal sum
      of Twenty Million Dollars ($20,000,000.00), executed by Universal
      Truckload, Grantor and Mason Dixon and payable to the order of Bank, as
      amended by that Amended and Restated Promissory Note dated May 11, 2004,
      in the principal sum of Twenty Million Dollars ($20,000,000.00), executed
      by Universal Truckload, Mason Intermodal, Mason Dixon and the Grantor as
      amended and restated by that Second Amended and Restated Promissory Note
      dated June 29, 2004 in the principal sum of Forty Million Dollars
      ($40,000,000.00), executed by Universal Truckload, Mason Intermodal,
      Grantor, Mason Dixon, Economy, and Louisiana and payable to the order of
      the Bank, and any and all renewals, modifications, and extensions of said
      note, in whole or in part;
<PAGE>

            (b) The due performance and observance by the Grantor, Universal
      Truckload, Mason Intermodal, Economy, Louisiana and/or Mason Dixon, as
      applicable, of all of its covenants, agreements, representations,
      liabilities, obligations, and undertakings as set forth herein, or in the
      Loan Agreement (as the same may be modified, renewed or extended from time
      to time), or in the Universal Security Agreement, the Mason Intermodal
      Security Agreement, the Economy Security Agreement, the Louisiana Security
      Agreement or in any other instrument or document which now or at any time
      hereafter evidences or secures, in whole or in part, all or any part of
      the Obligations hereby secured; and

            (c) The prompt payment and performance of any and all other present
      and future obligations of Grantor, Mason Dixon, Mason Intermodal, Economy,
      Louisiana or Universal Truckload to Bank with respect to any letters of
      credit issued at any time by Bank for the benefit of Grantor, Mason Dixon,
      Mason Intermodal, Louisiana Economy, Universal or Universal Truckload
      under the Loan Agreement.

      2. All references in the Security Agreement to the Loan Agreement shall be
deemed to be references to the Loan Agreement as amended by First Amendment to
Loan Agreement dated May 11, 2004, executed by Grantor, Universal Truckload,
Mason Dixon, Mason Intermodal and the Bank, as amended by the Second Amendment
to Loan Agreement dated June 29, 2004, executed by Grantor, Universal Truckload,
Mason Dixon, Mason Intermodal, Economy, Louisiana and the Bank.

      3. All Capitalized terms not defined in the Security Agreement as amended
shall have the definitions set forth in the Loan Agreement.

      4. All terms and provisions of the Security Agreement, which are
inconsistent with the terms and provisions of this Amendment are hereby modified
and amended to conform herewith; and, as modified and amended hereby, the
Security Agreement is hereby ratified, approved and confirmed by the parties
hereto.

                                     - 2 -
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed in Memphis, Tennessee, by their respective officers, duly authorized so
to do, on this the day and year first above written.

                                       UNIVERSAL AM-CAN, LTD.

                                       By: /s/ Donald B. Cochran
                                           ------------------------------------
                                       Title: President

                                                                         GRANTOR

                                       FIRST TENNESSEE BANK
                                       NATIONAL ASSOCIATION

                                       By: /s/ Gavin Turner
                                           ------------------------------------
                                       Title: Loan Officer

                                                                            BANK

                                     - 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]