WARREN, Mich., Oct. 2, 2024 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) is pleased to announce the grand opening of our new Intermodal terminal in the Tacoma, WA region. This facility is now operational, offering a range of drayage services designed to enhance efficiency and convenience for our customers. The new terminal features 2.5 acres of secured container yard space for 24/7 service, ensuring that we can meet the diverse needs of our clients around the clock. This location has bee ...

Core Viewpoint - Universal Logistics Holdings, Inc. has acquired Parsec, a leading provider of terminal management services for railroads in North America, enhancing its contract logistics segment and expected to boost revenues significantly [1][2]. Company Overview - Universal Logistics Holdings, Inc. operates a variety of customized transportation and logistics solutions across the United States, Mexico, Canada, and Colombia, offering services such as truckload, brokerage, intermodal, and dedicated services [3]. Acquisition Details - The acquisition includes Parsec, Parsec Intermodal of Canada ULC, and OB Leasing, with a cash purchase price of $193.6 million, subject to customary post-closing adjustments [2]. - Parsec reported total operating revenues of $230.2 million for the trailing twelve months ended August 31, 2024, and will operate within Universal's contract logistics segment [1][2]. - The acquisition is expected to increase Universal's contract logistics segment revenues to over $1 billion on an annualized basis [2]. Strategic Importance - The acquisition is seen as a strategic move to build on Parsec's long-standing customer relationships and diversify Universal's service offerings in the rail terminal services space [2]. - Parsec has a skilled workforce of nearly 2,100 employees and provides a comprehensive suite of terminal services at over 20 rail yards in the U.S. and Canada, specializing in time-sensitive container lift services [1].

Universal Health Services, Inc.'s (UHS) shares have gained 23.1% in the past three months compared with the industry's 16.1% growth. It has also outperformed the broader Zacks Medical sector's 4.9% rise and the S&P 500 Index's 2.4% increase in the said time frame. The company has been benefiting on the back of strength in Acute Care Hospital Services and Behavioral Health Care Services segments coupled with a diversified treatment network and solid cash flows. It has a market cap of $15.7 billion. Closing a ...

Pixelworks advanced motion grading technology to be applied to major releases starting with DreamWorks Animation's "The Wild Robot" LOS ANGELES, Sept. 16, 2024 /PRNewswire/ -- Universal Pictures and Pixelworks jointly announced today an agreement to bring the advanced TrueCut Motion technology to multiple Universal titles, starting with DreamWorks Animation's "The Wild Robot" (in theaters from September 27). This and planned future Universal titles will feature Pixelworks' unique motion grading that natural ...

Thomas Barwick/DigitalVision via Getty Images Universal Health Services (NYSE:UHS) looks positive for the long term, with a low valuation and strong expected future growth (consensus). The global hospital services market is expected to grow at about 6.4% annually to reach over $21 billion by 2032. This should provide a nice tailwind to help drive growth for Universal Health Services. The stock is in a positive uptrend, which should continue if conditions remain favorable for the company. Universal Health Se ...

UTI Division President Tracy Lorenz noted, "Our enduring relationship with Ford underscores UTI's ongoing commitment to providing top-tier education and training. By working closely with industry leaders like Ford, UTI ensures that our curriculum is aligned with current technological advancements and industry standards. This partnership allows our students to gain hands-on experience with the latest automotive technologies, directly preparing them for careers in the automotive industry." In 2022, UTI announ ...

/ 1 THE LEASE # 1 A m peterschreiber.media Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) has experienced a 400% increase in its share price since December last year, mainly driven by strong growth in its aerospace market. In this article, I will deep dive into the recent performance of the company, with an emphasis on the current headwinds that they are facing, including a decline in sales in non-aerospace markets and a backlog decline over the past few quarters. In the Outlook section, I will pr ...

Troy Anderson to Depart from the Company; Christine Kline Appointed Interim CFO PHOENIX, Sept. 10, 2024 /PRNewswire/ -- Universal Technical Institute, Inc., a leading workforce solutions provider, today announced that Troy Anderson has resigned as Executive Vice President and Chief Financial Officer, effective October 11, 2024, to accept a position at another public company. Christine Kline, Chief Accounting Officer, has been appointed interim CFO while a national search is conducted for a replacement. "Tro ...

TFF-dry powder HA antigen vaccine candidates induced neutralizing antibody titers in ferrets against H1 and H3 influenza strains Ongoing funded work to assess additional influenza strains FORT WORTH, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- TFF Pharmaceuticals, Inc (Nasdaq: TFFP) (the "Company" or "TFF Pharmaceuticals"), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, announces ...

Universal Health Services, Inc. (UHS) is aided by growing patient volumes in its Acute Care Hospital Services unit, a broad treatment network and solid cash reserves. A favorable business outlook for 2024 reinforces investors' confidence in the stock. Top Zacks Rank & Upbeat Price Performance of UHS Universal Health currently sports a Zacks Rank #1 (Strong Buy). The stock has soared 75.4% in the past year compared with the industry's 44.8% growth. The Zacks Medical sector has risen 8.6% and the S&P 500 comp ...