Universal Truckload Services’ first-quarter income rose from a year ago as load volumes improved.
Net income rose to $2.9 million, or 19 cents a share, from $2.1 million, or 13 cents, a year ago.
Revenue for the quarter ended April 2 rose 12.9% to $97.3 million, the company said late Thursday.
“Increases in load volumes and pricing have benefited all of our business lines this year.” CEO Don Cochran said in a statement.
Universal Truckload is ranked No. 41 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.