Universal Logistics News Updates

Business, Logistics

Universal Logistics Reports Net Loss of $8.4 Million

Universal Logistics Holdings Inc. reported a third-quarter net loss of $8.4 million, compared with $15.1 million net income in the third quarter of 2018.

October 25, 2019
Business, Top 50

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, 2019
Business, Logistics

Universal 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, 2019
Business, Top 50

Universal 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, 2019
Business, Logistics

Universal 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, 2019
Business, Logistics, Top 50, Top 100

Universal 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, 2018
Business, Logistics, Top 100

Universal 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, 2018
Business, Top 100

Universal 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, 2018
Business, Logistics, Top 100, Top 50

Universal 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, 2018
Business

Universal 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, 2018