Universal Logistics News Updates

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
GovernmentBusinessSafetyLogistics

Universal 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
BusinessLogistics

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, 2017
BusinessLogistics

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, 2016
BusinessLogistics

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, 2015
BusinessLogistics

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, 2015
BusinessLogistics

Universal Truckload Appoints New CEO

Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.

January 8, 2015
BusinessLogistics

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, 2014
BusinessLogistics

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, 2014
BusinessLogistics

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, 2014