(RTTNews) -  Pacer International, Inc. (PACR: News ) said it closed the previously-announced sale of certain assets of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services, Inc. (UACL: News ) on August 17, 2009.

Concurrent with the transaction, subsidiaries of Universal Truckload assumed the real property leases and equipment leases for tractors and trailers used in the operation as well as various customer, agent and other contracts for a purchase price of about $2.0 million.

Pacer noted that it will continue to provide all its established highway and intermodal services as part of its integrated operations.

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by RTT Staff Writer

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