Pacer International Announces New Arrangements with Union Pacific and Reports Third-Quarter 2009 Results
Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today announced that it has entered into new arrangements with Union Pacific Railroad (UP) that will further accelerate Pacer’s transformation into a fully-integrated, door-to-door intermodal service provider. In addition, Pacer reported today its financial results for the three- and nine-month periods ending September 30, 2009.
NEW ARRANGEMENTS BETWEEN PACER AND UNION PACIFIC
- Multi-year arrangements provide continued access to the entire UP intermodal rail network and establishes a new rate structure.
- Published: 04 November 2009
- Written by Editor