A non-asset based North American third-party logistics provider offering an array of services to facilitate the movement of freight from origin to destination. The Company operates in two segments, the intermodal segment and the logistics segment.
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Pacer has a strong enough balance sheet to see the turnaround of its logistics segment through. Management credibility with regards to the turnaround was earned by saving the company from death and rebuilding its intermodal segment. Although the near term outlook is bleak, expectations for Pacer are low and longer term business economics and growth prospects are attractive.