financetom
Business
financetom
/
Business
/
BRIEF-Universal Logistics Holdings Acquires Parsec
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Universal Logistics Holdings Acquires Parsec
Oct 2, 2024 9:48 PM

Sept 30 (Reuters) - Universal Logistics Holdings Inc ( ULH )

:

* UNIVERSAL LOGISTICS HOLDINGS ACQUIRES PARSEC, A

MARKET-LEADING

RAIL TERMINAL OPERATOR

* UNIVERSAL LOGISTICS HOLDINGS INC ( ULH ) - CASH PURCHASE PRICE FOR

PARSEC WAS $193.6 MILLION

* UNIVERSAL LOGISTICS HOLDINGS INC ( ULH ) - ACQUISITION EXPECTED TO

BOOST

UNIVERSAL'S CONTRACT LOGISTICS REVENUES TO OVER $1 BILLION

* UNIVERSAL LOGISTICS HOLDINGS ( ULH ): TRANSACTION IS EXPECTED TO

BE

IMMEDIATELY ACCRETIVE

Source text for Eikon:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
NV5 Acquires CRS Survey to Expand Surveying Work in North Carolina
NV5 Acquires CRS Survey to Expand Surveying Work in North Carolina
Mar 21, 2025
09:04 AM EDT, 03/21/2025 (MT Newswires) -- NV5 (NVEE) said Friday that it has acquired CRS Survey, a Charlotte-based firm that delivers land and aerial mapping services for public and private sector projects. Financial terms of the deal were not disclosed. The acquisition aims to expand NV5's surveying footprint in North Carolina, where it already has contracts with state and...
FEATURE-Malawi's women sand miners trapped in climate change dilemma
FEATURE-Malawi's women sand miners trapped in climate change dilemma
Mar 21, 2025
* More women turn to sand mining after drought, floods * Work is back-breaking and pay meagre * Sand mining contributes to land degradation By Charles Pensulo SALIMA/CHIKWAWA, Malawi, March 21 (Thomson Reuters Foundation) - I t's only 9 a.m. and Zainunda Wilson is already tired from shovelling sand since daybreak into a five-tonne truck on the shores of Lake...
Runway Growth Extends Credit Agreement With KeyBank, Appoints Ted Goldthorpe as Chair
Runway Growth Extends Credit Agreement With KeyBank, Appoints Ted Goldthorpe as Chair
Mar 21, 2025
09:08 AM EDT, 03/21/2025 (MT Newswires) -- Runway Growth Finance ( RWAY ) said Friday it has amended its credit agreement with KeyCorp's ( KEY ) KeyBank National Association, extending the credit facility's maturity and revolving period. The amendment also allows expanded funding options for its borrowers, Runway said. The specialty finance company also said Ted Goldthorpe was appointed as...
Nio Sees Sequential Decline in Vehicle Deliveries as Fourth-Quarter Revenue Trails Street Views
Nio Sees Sequential Decline in Vehicle Deliveries as Fourth-Quarter Revenue Trails Street Views
Mar 21, 2025
09:04 AM EDT, 03/21/2025 (MT Newswires) -- Nio's (NIO) fourth-quarter loss widened year over year as revenue fell short of market estimates, while the Chinese automaker expects vehicle deliveries in the ongoing quarter to decline on a sequential basis. The company said Friday it anticipates deliveries to be in a range of 41,000 to 43,000 vehicles for the first quarter...
Copyright 2023-2026 - www.financetom.com All Rights Reserved