Universal Logistics

Business, Logistics

Universal Logistics Acquires Michael’s Cartage

Universal Logistics Holdings 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, 2019
Business, Top 50

Universal Logistics Reports Record Revenue in 4Q, 2018

Universal Logistics 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.

Transport Topics
 February 25, 2019
Business, Logistics

Universal Logistics Acquires Container Connection in Latest Drayage Expansion

Universal Logistics Holdings, an asset-light provider of customized transportation and logistics solutions, has announced the acquisition of Deco Logistics and Oaktree Logistics, which conduct business as Container Connection.

January 4, 2019
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings truck Universal Logistics Holdings

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
 October 25, 2018
Business, Logistics, Top 100

Universal Logistics Purchases Southern Counties Express for $65 Million

Universal Logistics truck Universal Logistics Holdings Inc.

Universal Logistics Holdings Inc. is expanding its intermodal business, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million.

Dan Ronan | Associate News Editor
 August 14, 2018
Business, Top 100

Universal Logistics Holdings Reports Revenue Record for 2Q

Universal Holdings truck Universal Logistics Holdings Inc.

Universal Logistics Holdings Inc., a Warren, Mich., truckload carrier, said the company set a record for total operating revenue in the second quarter, reaching $366 million compared with $305 million in 2017.

Transport Topics
 July 27, 2018
Business, Logistics, Top 100, Top 50

Universal Logistics Buoyed by Record Revenue, Strong Profits

Universal Logistics Holdings TT file photo

Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.

Burney Simpson | Staff Reporter
 April 26, 2018
Business

Universal Logistics Reports Solid Year

Universal Driver TT File Photo

Universal Logistics Holdings Inc. reported fourth-quarter net income of $24.4 million, or 86 cents per share, compared with $2.7 million, or 10 cents, in the fourth quarter of 2016.

Burney Simpson | Staff Reporter
 February 26, 2018
Government, Business, Safety, Logistics

Universal Logistics Strong 3Q Forecast Dashed

Universal Logistics truck Universal Logistics Holdings Inc.

Two weeks after Universal Logistics Holdings offered a bright outlook for its third-quarter earnings report, the company reversed course Oct. 19, telling investors that a jury verdict will knock it back once again.

Ari Ashe | Staff Reporter
 October 20, 2017
Business, Logistics

Universal Logistics Profits Fall in First Quarter Despite Higher Revenue

Universal Logistics Holdings Inc

Profits at Universal Logistics Holdings Inc. fell 42% year-over-year despite 9.2% growth in revenue during the same period, which the company acknowledged was due to problems with a few of its large value-added programs.

Ari Ashe | Staff Reporter
 April 27, 2017

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