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, 2017Government, Business, Safety, Logistics
Universal Logistics Strong 3Q Forecast Dashed
Business, Logistics
Universal Logistics Profits Fall in First Quarter Despite Higher Revenue
Profits at Universal Logistics Holdings Inc. fell 42% year-over-year despite 9.2% growth in revenue during the same period, which the company acknowledged was due to problems with a few of its large value-added programs.
April 27, 2017Business, Logistics
Universal Truckload Services Proposes Name Change
Transportation and logistics services provider Universal Truckload Services Inc. announced plans to change its name to Universal Logistics Holdings Inc. as part of a rebranding effort.
February 26, 2016Business, Logistics
Universal Earnings to Trail Expectations, Guidance
Universal Truckload Services Inc. said it expects third-quarter earnings will lag year-earlier results and come in below analysts expectations due to weakening customer demand for truckload services in certain industrial sectors.
September 30, 2015Business, Logistics
Universal Truckload Earnings Drop 7% in 4Q
Universal Truckload Services Inc. said fourth-quarter net income fell 7% to $10.5 million, or 35 cents per share, as profits fell at its logistics business.
February 20, 2015Business, Logistics
Universal Truckload Appoints New CEO
Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.
January 8, 2015Business, Logistics
Universal Truckload’s Earnings Decline in 3Q
Universal Truckload Services Inc.’s third-quarter earnings slipped to $13.1 million, or 44 cents per share, from $13.7 million, or 46 cents, a year ago.
October 24, 2014Business, Logistics
Universal 2Q Income Slips to $13.6 Million
Universal Truckload Services Inc. reported second-quarter net income declined to $13.6 million, or 45 cents per share, compared with $14.2 million, or 47 cents per share, a year ago.
July 24, 2014Business, Logistics
Rogers to Succeed Wolfe as Universal CEO
Universal Truckload Services Inc. said CEO Scott Wolfe will retire at the end of 2014 and be succeeded by former YRC Freight President Jeff Rogers.
June 4, 2014Business, Logistics
Universal Truckload Sees 3Q Net Income Fall
Universal Truckload Services Inc. said its net income in the third quarter dropped 8.7% to $13.7 million or 46 cents a share, from $15 million, or 50 cents, a year prior.
October 24, 2013