Universal Logistics
Universal Logistics Reports $16.2 Million Profit for Q4 2020
Universal Logistics' fourth-quarter earnings showed a 59.9% increase over the same period in 2019. (Universal Logistics Holdings Inc.)
Universal Logistics Holdings Inc. on Feb, 4 reported its highest fourth-quarter earnings on record. The asset-light transportation and logistics company posted net income of $16.2 million, or 60 cents per diluted share,
February 5, 2021Universal Logistics Reports Higher Net Income of $13.6M for Q3
Universal Logistics' third-quarter revenue decreased 2.8% year-over-year to $365 million from $375.5 million. (Universal via Facebook)
Universal Logistics Holdings Inc. reported higher third-quarter net income, lifted largely by the recovery in automotive production.
October 30, 2020Universal Posts Lower Profit, Declining Revenue in Q2
Universal Logistics Holdings
Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.
July 31, 2020Universal Logistics Reports Revenue Increases, but Net Income Falls in Q1
Universal Logistics Holdings Inc.
Universal Logistics Holdings saw revenue increase but net income decline during a first quarter marked by what its leader described as a “deteriorating operating environment caused largely by the COVID-19 pandemic.”
May 1, 2020Tim Phillips Named CEO at Universal Logistics Holdings
Universal Logistics Holdings
Universal Logistics Holdings Inc. announced Jan. 13 that company veteran Tim Phillips has become its new CEO.
January 14, 2020Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million
The intermodal business had revenue of approximately $125 million for the 12 months ended Sept. 30 and was part of the company’s truckload segment, according to Roadrunner officials. (Roadrunner Transportation Systems Inc.)
Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.
November 5, 2019Universal Logistics Reports Net Loss of $8.4 Million
Despite reporting a net loss of $8.4 million in the third quarter, revenue was up over the year-ago period. (Universal Logistics Holdings Inc.)
Universal Logistics Holdings Inc. reported a third-quarter net loss of $8.4 million, compared with $15.1 million net income in the third quarter of 2018.
October 25, 2019Universal Logistics Reports 12.9% Increase in Net Income for 2Q
Universal Logistics tractors. (Universal Logistics via Facebook)
Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
July 25, 2019Universal Logistics Acquires Michael’s Cartage
Based in Warren, Mich., Universal Logistics operates throughout the United States, Mexico, Canada and Colombia. (TT file photo)
Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.
May 3, 2019Universal Logistics Reports Record Revenue in 4Q, 2018
Universal Logistics Holdings Inc.
Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.
February 25, 2019