Seeking Alpha

Universal Logistics Holdings Acquires Parsec, a Market-Leading Rail Terminal Operator

WARREN, Mich., Sept. 30, 2024 /PRNewswire/ -- Universal Logistics Holdings, Inc. (ULH) announced today its acquisition of Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC ...
Canadian Lawyer Magazine

Universal Logistics acquires Parsec for US$193.6 million to boost rail terminal services

On September 30, 2024, Universal Logistics Holdings, Inc. (NASDAQ: ULH) announced its acquisition of Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC for $193.6 million USD ...
Transport Topics

Teamsters Union Scores Victory With Intermodal Workers

A battle to unionize is ongoing at Parsec Inc., a company that provides equipment and other services to those in the intermodal section, as the Teamsters won a second victory. More than 500 intermodal ...
Seeking Alpha

Universal Logistics projects $1.7B-$1.8B revenue for 2025 with focus on contract logistics growth

CEO Tim Phillips highlighted Universal's ability to deliver strong results despite a challenging freight environment, with Q4 2024 revenues growing by 19% and operating margins of 8.2%. He emphasized ...
Finanznachrichten

Universal Logistics Holdings, Inc.: Universal Logistics Holdings Acquires Parsec, a Market-Leading Rail Terminal Operator

WARREN, Mich., Sept. 30, 2024 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) announced today its acquisition of Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC ...