Universal Logistics Holdings, Inc. Provides Earnings Guidance for the Full Year of 2021
July 29, 2021 at 04:15 pm EDT
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Universal Logistics Holdings, Inc. provided earnings guidance for the full year of 2021. For the year, the company is projecting total operating revenues between $1.6 billion and $1.7 billion and an operating margin between 7.0% and 8.0%.
Universal Logistics Holdings, Inc. is a holding company, providing a variety of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. Its segments include contract logistics, intermodal, trucking, and company-managed brokerage. The contract logistics segment delivers value-added and dedicated transportation services to support in-bound logistics to original equipment manufacturers and retailers on a contractual basis. The intermodal segment is associated with local and regional drayage moves that are coordinated by company-managed terminals using a mix of owner-operators, company equipment and third-party capacity providers (broker carriers). The trucking segment's operations are associated with individual freight shipments coordinated by its agents. The company-managed brokerage segment provides for the pick-up and delivery of individual freight shipments using broker carriers, coordinated by its company-managed operations.
UNIVERSAL LOGISTICS HOLDINGS, INC. 
