Universal
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About
Company Stage
IPO
Employees
1,001-5,000
Industries
Automotive & Transportation, Industrial & Manufacturing
Total Funding
N/A
Headquarters
Warren, Michigan
Founded
1981
Simplify's Take
What believers are saying
- Increased demand for EVs boosts Universal's sustainability initiatives and market positioning.
- Parsec acquisition enhances market share in North America's intermodal segment.
- Recognition by General Motors attracts new business and strengthens client relationships.
What critics are saying
- Closure of subsidiaries and layoffs may disrupt operations and affect employee morale.
- $193.6 million Parsec acquisition could strain finances and limit other investments.
- 25.4% decline in brokerage revenue suggests potential market share loss and profitability issues.
What makes Universal unique
- Universal Logistics integrates 2025 Peterbilt 579EVs for sustainable logistics in Southern California.
- Acquisition of Parsec LLC expands Universal's intermodal and terminal management services.
- Named 2023 Supplier of the Year by General Motors, enhancing reputation and client alignment.
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Growth & Insights
Headcount
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 1%Universal is Hiring for 0 Jobs on Simplify!
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