---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-110557"
form_type: "8-K"
ticker: "ULH"
cik: "0001308208"
company_name: "UNIVERSAL LOGISTICS HOLDINGS, INC."
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:04:23.707427+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Universal Logistics acquires rail terminal operator Parsec for $193.6M cash

## Summary
- Acquired Parsec (terminal services, 2,100 employees, >20 rail yards) for ~$193.6M cash, funded via KeyBank credit facility.
- Parsec reported TTM operating revenues of $230.2M (ended Aug 31, 2024); transaction expected to be immediately accretive.
- Parsec will operate within Universal's contract logistics segment; CEO says segment revenues expected to exceed $1B annually.
- Post-closing escrow of $2.6M; after borrowing, ~$81.7M revolver availability remains and all covenants compliant.

## SEC filing metadata
- accession: 0000950170-24-110557
- form_type: 8-K
- ticker: ULH
- cik: 0001308208
- company_name: UNIVERSAL LOGISTICS HOLDINGS, INC.
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308208/000095017024110557/0000950170-24-110557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308208/000095017024110557/ulh-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-110557
- JSON: https://secwatch.observer/filing/0000950170-24-110557.json
- Plain text: https://secwatch.observer/filing/0000950170-24-110557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.