02 January 2024

Miller Johnson Represented Universal Traffic Service, Inc in Transfer to Employee Stock Ownership Plan

The Transaction

Universal Traffic Service, Inc. (UTS) has transferred all stock shares into an employee stock ownership plan (ESOP). UTS, a provider of transportation management services, is now 100% owned by its employees. The ESOP assures stakeholders that UTS will remain independent and focused on providing the highest levels of service.

“Our employees differentiate UTS by going the extra mile for clients,” said Bill Klotz, President of UTS. “We believe the ESOP strengthens and rewards their commitment to our service-first approach.”

Miller Johnson’s team was led by Dustin Jackson (Corporate) and included Alex Kaminski (Corporate), Loic Dimithe (Finance), John Brown (Finance), and Jeff Gray (Employee Benefits).

About Universal Traffic Service 

Universal Traffic Service provides full-service freight transportation management solutions to shippers and distributors located throughout North America. The company has its headquarters in Grand Rapids, Michigan and a service center in Peachtree City, Georgia. (

Miller Johnson’s Mergers and Acquisitions Group

Miller Johnson’s M&A practice group collaborates with clients and their advisors to structure, negotiate and close deals and to navigate the challenges that can arise in mergers, acquisitions, dispositions and other business combination or investment transactions.

Miller Johnson is top listed for mergers and acquisitions with U.S. News & World Report’s Best Law Firms and is ranked by Chambers USA. At The M&A Advisor’s national awards and the ACG M&A Deals and Dealmakers regional awards, our attorneys are consistently involved in deals honored as winners and finalists. For further information, please contact Dustin Jackson at or 616.831.1712.