Universal Truckload Services reported net income in the first quarter of 2013 totaled $11.4 million, compared with net income of $14.4 million and pro forma net income of $10.4 million in the same quarter of 2012.
Universal Truckload Services
Universal Truckload Services is an asset-light provider of transportation, value-added and intermodal services.
The Warren, Mich.-based company came in at 26th in JOC’s ranking of the Top 50 Trucking Companies in 2012. In 2012, its full-year profit was $47.7 million, a decline of 7 percent year-over-year, even as annual operating revenue rose 5 percent to $1.0 billion from $990.7 million.
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