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FWRD vs ULH

Forward Air Corp and Universal Logistics Holdings, Inc. Common Stock

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Forward Air Corp

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. Its Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services, and other supply chain solutions. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

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Universal Logistics Holdings, Inc. Common Stock

Universal Logistics Holdings, Inc. provides customized transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It operates through three segments: Contract Logistics, Intermodal, and Trucking. The Contract Logistics segment offers value-added or dedicated transportation services to support in-bound logistics to industrial customers and retailers, including material handling, consolidation, sequencing, sub-assembly, cross-dock services, kitting, repacking, warehousing and returnable container management, and rail lift services. This segment also provides dedicated services primarily short run or round-trip moves within a defined geographic area provided through a network of union and non-union employee drivers, owner-operators, and contract drivers. The Intermodal segment offers local and regional drayage moves coordinated by company-managed terminals using a mix of owner-operators, company equipment, and third-party capacity providers comprising steamship-truck, rail-truck, and support services. The Trucking segment engages in dry van, flatbed, and heavy-haul and refrigerated operations for transport of various general commodities, such as automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals. The company is also involved in the air, ocean and customs brokerage, and air and ocean freight forwarding operations. It serves automotive, retail and consumer goods, steel and other metals, and energy and manufacturing industries, as well as other transportation companies that aggregate loads from shippers. The company was formerly known as Universal Truckload Services, Inc. and changed its name to Universal Logistics Holdings, Inc. in April 2016. Universal Logistics Holdings, Inc. was founded in 1981 and is headquartered in Warren, Michigan.

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