Universal Logistics Holdings
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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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Business
Universal Intermodal drivers at LA, Long Beach ports vote to join Teamsters
The union drive marks the seventh company at the San Pedro ports to employ workers represented by the Teamsters.
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Intermodal
Roadrunner sells flatbed unit, another step in restructuring
Roadrunner Transportation continues to overhaul its portfolio with the sale of its flatbed unit.
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News
Roadrunner incurs heavy losses amid restructuring
Roadrunner's third quarter earnings report resembled a triage list indicating that the company's restructuring path will be a bumpy one.
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Finance
Roadrunner continues to restructure, sells intermodal unit to Universal Logistics
Roadrunner continues to restructure its operations by shuttering another unit. The company announced that it was selling its intermodal operations to Universal Logistics.
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Company earnings
Triple whammy hits Universal Logistics Q3 earnings
General Motors strike, a personal injury lawsuit and soft freight market drive across- the-board losses.
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News
Universal Logistics reports $36 million settlement for accident involving “marginal driver”
Universal Logistics reported that it has agreed to a $36 million settlement for an accident that involved a "marginal driver."
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