Universal Logistics Reports 12.9% Increase in Net Income for 2Q
Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
July 25, 2019Universal Logistics Acquires Michael’s Cartage
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, 2019Universal Logistics Reports Record Revenue in 4Q, 2018
Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.
February 25, 2019Universal 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, 2019Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018Universal Logistics Purchases Southern Counties Express for $65 Million
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.
August 14, 2018Universal Logistics Holdings Reports Revenue Record for 2Q
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.
July 27, 2018Universal Logistics Buoyed by Record Revenue, Strong Profits
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.
April 26, 2018Universal Logistics Reports Solid Year
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.
February 26, 2018Universal Logistics Strong 3Q Forecast Dashed
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.
October 20, 2017