Universal Logistics Holdings
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News
The Daily Dash: Levandowski, Amazon and earnings
In today’s edition of The Daily Dash, prosecutors are recommending jail for former Uber executive Anthony Levandowski, and how much did Amazon spend on logistics…
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Company earnings
Universal Logistics CEO touts company’s adaptability in ‘tough environment’
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…
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Company earnings
Universal Logistics profits, revenue drop during second quarter
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.
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Trucking
Moroun, whose company controlled P.A.M. and Universal, dead at 93
Son is chairman of both companies, interim CEO at the TL carrier
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Company earnings
Universal Logistics reports brutal April as CEO looks toward recovery
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…
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Business
Universal Logistics’ profits plunge nearly 30% as COVID-19 hits truckload
ULH withdraws 2020 outlook and suspends dividends after slowdowns in retail and manufacturing weigh on first-quarter financial results.
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News
Roadrunner announces plans to delist from NYSE
Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.
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Company earnings
Universal Logistics ekes out flat Q4 in promising end to rough 2019
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.
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News
Universal Logistics Holdings names new CEO amid ‘soft’ environment
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…
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Driver issues
Days before Christmas, Universal Logistics lays off 70 Port drivers
Some of the drivers were told they could return as independent contractors if they purchased their own trucks.
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