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ULH

Universal Logistics

$33.88

0.35 (1.04%)

13:58
10/12/18
10/12
13:58
10/12/18
13:58

Universal Logistics acquires Specialized Rail Service for $12.3M

Universal Logistics Holdings announced the acquisition of Specialized Rail Service, which offers local and regional intermodal drayage services, as well as transloading, cross-docking, warehousing and distribution, and intermodal facility management. Specialized Rail Service boasts a fleet of over 140 tractors and provides capacity to much of the western United States. For the year-ended December 31, 2017, Specialized Rail Service reported total operating revenues of $25.8M. The purchase price was $12.3M, subject to customary post-closing adjustments. Pursuant to the acquisition, SRS will operate as part of Universal Intermodal, Inc. and is expected to be immediately accretive.

  • 26

    Oct

ULH Universal Logistics
$33.88

0.35 (1.04%)

06/19/18
STFL
06/19/18
INITIATION
Target $27
STFL
Hold
Universal Logistics resumed with a Hold at Stifel
Stifel analyst J. Bruce Chan resumed coverage of Universal Logistics with a Hold rating and $27 price target.

TODAY'S FREE FLY STORIES

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Acreage Holdings

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DPZ

Domino's Pizza

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-1.36 (-0.49%)

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ATKR

Atkore

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ROCK

Gibraltar Industries

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0.2 (0.51%)

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APHA

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DPZ

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TGE

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KO

Coca-Cola

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TLRY

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A

Agilent

$78.56

1.08 (1.39%)

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DVN

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PYPL

PayPal

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STZ

Constellation Brands

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KSHB

KushCo Holdings

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DSPG

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PRFT

Perficient

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ITHUF

iAnthus

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SLM

Sallie Mae

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  • 21

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AIMC

Altra Industrial Motion

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  • 21

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HEXO

HEXO Corp

$5.98

0.28 (4.91%)

07:23
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CPSI

Computer Programs

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AIMC

Altra Industrial Motion

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0.57 (1.76%)

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  • 21

    Feb

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