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Universal Logistics Holdings, Inc. provides customized transportation and logistics solutions through operating subsidiaries serving customers in the United States, Mexico, Canada and Colombia. The company offers supply-chain services that include value-added logistics, dedicated transportation, intermodal and trucking services.
Company updates regularly address quarterly operating revenue, operating income, earnings per share, EBITDA reconciliation, segment performance and cash dividends. Recurring developments also include contract logistics activity, intermodal reporting matters, impairment-related financial reporting procedures and finance leadership changes.
Universal Logistics Holdings (NASDAQ: ULH) is set to release its third quarter 2020 financial results on October 29, 2020, after market close. A conference call to discuss the results will be held on October 30, 2020, at 10:00 a.m. ET. The company is recognized as a leading asset-light provider of customized transportation and logistics solutions in the U.S., Mexico, Canada, and Colombia. This announcement is anticipated by investors for insight into the company's operational performance and future outlook.
Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported a net income of $6.2 million, or $0.23 per share, for Q2 2020, a decline from $20.0 million, or $0.70 per share, in Q2 2019. Total operating revenues fell to $258.0 million from $383.2 million a year earlier. The company faced significant drops in truckload, brokerage, and intermodal service revenues due to the effects of the COVID-19 pandemic, with EBITDA decreasing to $30.2 million. Universal holds $8.0 million in cash and marketable securities totaling $7.2 million, with outstanding debt at $405.6 million.
Universal Logistics Holdings (NASDAQ: ULH) is set to release its second quarter 2020 financial results after market hours on July 30, 2020. A quarterly earnings conference call is scheduled for July 31, 2020, at 10:00 a.m. ET. As a key player in customized transportation and logistics solutions, Universal operates across the U.S., Mexico, Canada, and Colombia, offering varied supply chain services such as truckload, brokerage, and intermodal.