Transport Topics (Oct. 31, 2022)

Published: Oct. 31, 2022, 6 a.m.

No tricks here on Halloween, just treats for Universal Logistics, which on Friday reported all-time records for total operating income and earnings per share during the third quarter of 2022. The Warren, Mich.-based transportation and logistics company posted net income of $48.5 million, or $1.84 a diluted share, for the quarter. That compared with $10.3 million, or 38 cents, during the same time the previous year. Total revenue increased by 13.5% to $505.7 million.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices