Welcome to our dedicated page for Universal Logistics Hldgs news (Ticker: ULH), a resource for investors and traders seeking the latest updates and insights on Universal Logistics Hldgs stock.
Universal Logistics Holdings Inc. (ULH) delivers asset-light transportation and logistics solutions across North America, serving diverse industries through trucking, intermodal services, and contract logistics. This page provides investors and stakeholders with direct access to ULH's official news updates and press releases.
Find timely information on earnings reports, strategic acquisitions, and operational developments that shape ULH's position in the logistics sector. Our curated collection ensures you stay informed about regulatory compliance milestones, sustainability initiatives, and partnerships driving the company's asset-light model.
All content is sourced from verified company communications, offering a neutral perspective for investment research and market analysis. Bookmark this page for streamlined access to ULH's latest announcements and industry-related updates.
Universal Logistics Holdings reported strong Q2 2024 results, with operating revenues up 12.0% to $462.2 million and net income increasing to $30.7 million ($1.17 per share). The company saw significant growth in its contract logistics segment, with revenues up 26.2% to $263.6 million. However, the intermodal segment experienced a 14.8% decrease in revenues and an operating loss. The trucking segment showed improvement with a 12.6% revenue increase. Universal declared a quarterly dividend of $0.105 per share. CEO Tim Phillips highlighted the company's diverse service offering and strong performance in contract logistics, while acknowledging challenges in some operations.
Universal Logistics Holdings (NASDAQ: ULH) announced it will release its second quarter 2024 financial results after market close on Thursday, July 25, 2024.
The company will hold its quarterly earnings conference call the following day, on Friday, July 26, 2024, at 10:00 a.m. Eastern Time. Interested participants can dial in toll-free at (800) 836-8184 or internationally at +1 (646) 357-8785. A replay of the call will be available until August 2, 2024, by calling (888) 660-6345 or +1 (646) 517-4150 and using the replay code 07642. The conference call will also be accessible on the Universal Logistics Holdings' investor relations website.