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Stock impact report

Universal Logistics acquires rail terminal operator Parsec [Seeking Alpha]

Universal Logistics Holdings, Inc. (ULH) 
Last universal logistics holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.universallogistics.com
Company Research Source: Seeking Alpha
Parsec will operate within Universal's contract logistics segment, and the transaction is expected to be immediately accretive. "On an annualized basis, the acquisition of Parsec is expected to boost Universal's contract logistics segment revenues to over $1 billion," stated Universal's CEO Tim Phillips. The cash purchase price was $193.6 million. Source: Press Release More on Universal Logistics Universal Logistics Holdings: This Ride Isn't Over Yet State of trucking: Cass Index shows smallest decline in 17 months, Class 5-8 2025 forecasts lowered Seeking Alpha's Quant Rating on Universal Logistics Historical earnings data for Universal Logistics Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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