Universal Logistics Holdings

Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.

Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.

Universal Logistics lowered its 2025 guidance due to headwinds in the intermodal market and expenses from a recent acquisition.

Universal Logistics Holdings reported a 19% increase in operating revenue to $465.1 million in the fourth quarter.

Firms in the U.S. have announced supply chain-related layoffs totaling 9,746 workers since the beginning of September.

Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.

Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.

Universal Logistics Holdings saw increases in second-quarter top-line revenue, along with gains in its trucking and contract logistics segments.

Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year.

Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.

Universal Logistics Holdings announced a $50 million expansion in Virginia to boost its heavy-truck division.

Universal Logistics Holdings released its third-quarter financial results on Friday, reporting year-over-year decreases in its trucking, intermodal and brokerage segments.

Universal Logistics reported revenue of $413 million and earnings per share of 90 cents during the second quarter.

Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.

Flatbed operator Daseke saw its debt rating upgraded by S&P Global Ratings.

El consejero delegado dice que la optimización de los activos alquilados es clave para mantener el aumento de los costos

Two top officials from Universal Logistics used the occasion of a Wall Street conference to defend its AB5-related Southern California deal with the Teamsters union.

Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.

Valentine’s Day supply chain dance, retail returns may never end, and avocado toast prices are here to ruin millennials’ home-buying chances.

Universal Logistics inks a record year despite challenges. Implied 2022 earnings guidance surprises to the upside by 20%.

Universal Logistics misses third-quarter expectations and said it will look to its customers to address wage inflation and accessorial charges at the ports.

Universal Logistics Holdings reported $415.2 million in operating revenue during the first quarter.

The Teamsters called it a strike even though no employed workers were believed to be on the picket line.

North American automotive and import opportunities could boost business for Universal Logistics during 2021, CEO Tim Phillips said during the Q4 earnings call.

Universal Logistics’ operating revenues from truckload services in the fourth quarter decreased $8.7 million to $49.8 million.

Universal Logistics reported revenue of $365 million during the third-quarter, a 2.8% decrease compared to the same period last year.

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While revenue for Universal Logistics Holdings’ truckload, brokerage and intermodal segments all declined during the second quarter, the CEO said he was pleased with the “anticipated direction of our current operations.”

On a per-share basis, the Warren, Michigan-based company said it had net income of 23 cents per share, on total operating revenues of $258 million.

Son is chairman of both companies, interim CEO at the TL carrier

Company reports 30% plunge in revenue during month, but CEO Tim Phillips hopes the resumption of auto and heavy truck plants will bring some relief this month.

ULH withdraws 2020 outlook and suspends dividends after slowdowns in retail and manufacturing weigh on first-quarter financial results.

Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.

Company posts expected $8.6 million profit as intermodal helps offset declines from trucking and other divisions as new CEO looks to better performance in 2020.

Universal Logistics Holdings names current head of transportation Tim Phillips as its new CEO. Phillips succeeds former CEO Jeff Rogers who “separated” from the company on Friday.

Some of the drivers were told they could return as independent contractors if they purchased their own trucks.

The union drive marks the seventh company at the San Pedro ports to employ workers represented by the Teamsters.

Roadrunner Transportation continues to overhaul its portfolio with the sale of its flatbed unit.

Roadrunner’s third quarter earnings report resembled a triage list indicating that the company’s restructuring path will be a bumpy one.

Roadrunner continues to restructure its operations by shuttering another unit. The company announced that it was selling its intermodal operations to Universal Logistics.

General Motors strike, a personal injury lawsuit and soft freight market drive across- the-board losses.

Universal Logistics reported that it has agreed to a $36 million settlement for an accident that involved a “marginal driver.”

While management teams at some of the nation’s largest TL carriers have been talking up the potential for a solid peak shipping season, Universal Logistics has seen peak season sentiment move the opposite direction.

A softening freight market took a toll on Universal Logistics Holdings Inc. (NASDAQ: ULH), an asset-light provider of customized transportation and logistics solutions.  The company reported second quarter 2019 net income of $20 million, or $0.70 per share, a 12.9 percent increase over the same period last year. Universal also reported second quarter 2019 operating […]

The on-demand warehousing solution picks up leading logistics providers as customers.

“We have a lot of reasons to believe 2019 will be our best ever.”

Universal and other carriers with exposure to automotive verticals face impact of GM plant shutdowns.

Company makes fourth acquisition in 2018.

The company lined up about $350 million in financing and cites acquisitions and debt payments as the core of its plans.

Michigan-based asset-light logistics provider aims to boost western U.S. presence with latest acquisition.