News / Business
Top Gainers - (NASDAQ:PACR) Gains 29%
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Shares of Pacer International, Inc. (NASDAQ:PACR) have moved up sharply in the morning sessions after 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
Currently PACR is up 29% at $3.52 on very unusual volume.
Pacer International, Inc. (Pacer International) is a asset-light North American logistics provider. The Company provides transportation and logistics services to numerous Fortune 500 and multi-national companies, including Big Lots, C.H. Robinson, General Electric, Sony, Union Pacific, Toyota and ConAgra, which together represented approximately 18.7% of its revenues for the fiscal year ended December 26, 2008 (fiscal 2008).
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