Universal Truckload Services’ Income Falls

Universal Truckload Services said its second-quarter net income plunged 62.8% to $1.3 million, or 8 cents per share, from $3.5 million, 22 cents, a year ago.

Revenue fell 40% to $119.9 million, the company said in a statement.

Universal Truckload ranks No. 39 on the Transport Topics 100 list of the largest U.S. and Canadian for-hire carriers.