Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.
November 5, 2019BusinessLogistics
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, 2019BusinessTop 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, 2019BusinessLogistics
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, 2019BusinessTop 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, 2019BusinessLogistics
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, 2019BusinessLogisticsTop 50Top 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, 2018BusinessLogisticsTop 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, 2018BusinessTop 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, 2018BusinessLogisticsTop 100Top 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