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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Oct. 15, 11:27 PM

Slide #14. Universal Logistics Holdings, Inc. Specialized Rail Service, Inc.

Acquirer: Universal Logistics Holdings, Inc. (NASDAQ:ULH)
Acquiree: Specialized Rail Service, Inc.
Details: Universal Logistics Holdings, Inc. (NASDAQ: ULH), a leading asset-light provider of customized transportation and logistics solutions, announced today its acquisition of Specialized Rail Service, Inc. ("Specialized Rail Service" or "SRS"). With facilities in Clearfield, Utah and Las Vegas, Nevada, SRS 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. Utilizing a mix of both company-owned and owner-operator provided tractors, Specialized Rail Service provides flexible logistic solutions to satisfy a variety of customer needs.

Universal Logistics Holdings is an asset-light provider of customized transportation and logistics solutions throughout the U.S., and in Mexico, Canada and Colombia. Co. has five service categories: Truckload, which includes dry van, flatbed, heavy-haul and refrigerated operations; Brokerage, which provides customers freight brokerage services, domestic and international freight forwarding, and customs brokerage; Intermodal, which includes rail-truck, steamship-truck and support services; Dedicated, which is primarily provided in support of automotive and retail customers using specialized van equipment; and Value-Added, which includes material handling and consolidation, among others.

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Company Name:  Universal Logistics Holdings Inc
Sector:  Trucking
Number of ETFs Holding ULH:  13
Total Market Value Held by ETFs:  $10.90M
Total Market Capitalization:  $948.00M
% of Market Cap. Held by ETFs:  1.15%

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October 15, 2018    11:27 PM Eastern
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