The Online Investor
Trucking M&A image Trucking M&A » By The Online Investor Staff, updated Fri., Jul. 3, 6:17 AM Recent mergers and acquisitions in the Trucking M&A category.

Slide #3. Universal Truckload Services, Inc. Westport Axle Corporation

Acquirer: Universal Truckload Services, Inc. (UACL)
Acquiree: Westport Axle Corporation
Details: Universal Truckload Services, Inc. (NASDAQ: UACL) today announced that it has completed the previously-announced acquisition of Westport Axle Corporation ("Westport") for a cash purchase price of $123.0 million, subject to a post-closing adjustment. Based in Louisville, Kentucky, Westport is a provider of value-added warehousing and component distribution services to U.S. manufacturers of Class 4-8 trucks, RVs and super-duty trucks. Westport also machines and distributes steering knuckles and axle components for the automotive industry. For the year-ended December 31, 2012, Westport had operating revenues of $58.4 million, and $66.0 million for the nine months ended September 30, 2013.

Universal Truckload Services is an asset-light provider of transportation and logistics solutions throughout the U.S., Mexico, Canada, and Colombia. Co. has three service categories: transportation, which include dry van, flatbed, heavy haul, dedicated, refrigerated, shuttle and switching operations as well as domestic and international freight forwarding, customs brokerage, final mile and ground expedite; value-added, which include material handling, consolidation, sequencing, sub-assembly, cross-dock services, kitting, repacking, warehousing and returnable container management; and intermodal support, which include rail-truck, steamship-truck and support services.

Open the UACL Page at The Online Investor »

Company Name: 
Universal Truckload Services Inc
Sector: 
Trucking
 

Open the UACL Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Buy (2.67 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Trucking M&A - Slide 3 of 17 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.