Universal Logistics Reports 19% Gain in Q4 Revenue
CEO Says 2024 Was the Company’s Second-Best Financial Performance in History
Universal’s Q4 net income was $20.2 million, a slight dip from $21.4 million in the year-ago period. (Universal Logistics via Facebook)
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Universal Logistics Holdings experienced a 19% year-over-year increase in revenue but a slight dip in net income for the fourth quarter of 2024, the company reported Feb. 6.
The Warren, Mich.-based asset-light transportation and logistics company posted net income of $20.2 million, or 77 cents a diluted share, for the three months ending Dec. 31. That compared with $21.4 million, 81 cents, during the same time the previous year. Total operating revenue increased to $465.1 million from $390.9 million.
“Universal notched another solid performance during the fourth quarter, making the full-year 2024 our second-best financial performance in company hi…
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