Universal Truckload Services Announces Public Offering of Common Stock

Universal Truckload Services (NASDAQ: UACL), a leading asset-light provider of customized transportation and logistics solutions throughout the U.S., Mexico and Canada, has announced the pricing of its previously announced public offering of 1,900,000 shares of common stock at a public offering price of $26.00 per share.

In the offering, 1,880,000 shares were offered by the selling stockholders and 20,000 shares were offered by the Company.

The offering is expected to close on May 2, 2014. Morgan Stanley acted as sole underwriter for the offering.

Category: General Update