Pacer closes sale of assets to Universal Truckload

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UNIVERSAL TRUCKLOAD SERVICES, INC. Files SEC form 10-Q, Quarterly Report

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Some of the statements and assumptions in this Form 10-Q are forward-looking statements. These statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those in the forward-looking statements. In some cases you can identify forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "plan," "intend," "may," "should," "will" and "would" or other similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position or state other "forward-looking" information. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. The factors listed in the section captioned "Risk Factors" in Item 1A in our Form 10-K for the year ended December 31, 2008, as well as any other cautionary language in that Form 10-K, provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affectin...
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UNIVERSAL TRUCKLOAD SERVICES, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits

Show all filings for UNIVERSAL TRUCKLOAD SERVICES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNIVERSAL TRUCKLOAD SERVICES, INC. 29-Jul-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...
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UNIVERSAL TRUCKLOAD SERVICES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Direc

Show all filings for UNIVERSAL TRUCKLOAD SERVICES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNIVERSAL TRUCKLOAD SERVICES, INC. 24-Jul-2009Results of Operations and Financial Condition, Change in Direc Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). A...
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Universal Truckload Services, Inc. Reports Revenue and Net Income for the Thirteen and Thirty-nine Weeks Ended September 26, 2009

WARREN, Mich., Oct. 22 /PRNewswire-FirstCall/ -- Universal Truckload Services, Inc. (Nasdaq: UACL - News) today announced financial results for the thirteen weeks and thirty-nine weeks ended September 26, 2009. For the thirteen weeks ended September 26, 2009, operating revenues decreased 39.7%, or $84.5 million, to $128.5 million from $213.0 million for the thirteen weeks ended September 27, 2008. Included in operating revenues are fuel surcharges of $9.5 million and $32.2 million for the third quarters of 2009 and 2008, respectively. Net income decreased 68.6%, or $3.7 million, to $1.7 million, or $0.11 per basic and diluted share for the third quarter of 2009, from $5.4 million, or $0.34 per basic and diluted share, for the third quarter of 2008. Included in net income for the third quarter of 2009 were $0.1 million, or $0.01 per basic and diluted share, of after-tax charges for other-than-temporary impairments of marketable equity securities classified as available for sale, compared to $0.3 million, or $0.02 per basic and diluted share of similar charges in the third quarter of 2008.Universal's truckload revenue in the third quarter of 2009 decreased by 32.9% to $81.8 million from $122.1 million in the corresponding period of 2008. Included in truckload revenue in the third quarter of 2009 is $3.6 million of revenue from our third quarter 2009 acquisition. Brokerage revenue in the third quarter of 2009 decreased by 53.6% to $27.9 million from $60.2 million in the corresponding period of 2008. Included in brokerage re...
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UNIVERSAL TRUCKLOAD SERVICES, INC. Financials

PERIOD ENDING26-Sep-0927-Jun-0928-Mar-0931-Dec-08Total Revenue128,458  119,897  115,026  176,968  Cost of Revenue100,989  97,970  86,085  177,313  Gross Profit27,469  21,927  28,941  (345)Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative22,005  16,997  25,610  (7,717)Non Recurring -   -   -   -  Others2,583  2,576  2,562  2,516  Total Operating Expenses -   -   -   -  Operating Income or Loss2,881  2,354  769  4,856  Income from Continuing OperationsTotal Other Income/Expenses Net11  (262)(515)(587)Earnings Before Interest And Taxes2,892  2,092  254  4,269  Interest Expense164  9  31  75  Income Before Tax2,728  2,083  223  4,194  Income Tax Expense1,029  778  84  1,561  Minority Interest -   -   -   -  Net Income From Continuing Ops1,699  1,305  139  2,633  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   - ...
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UNIVERSAL TRUCKLOAD SERVICES, INC. Files SEC form 10-Q, Quarterly Report

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Some of the statements and assumptions in this Form 10-Q are forward-looking statements. These statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those in the forward-looking statements. In some cases you can identify forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "plan," "intend," "may," "should," "will" and "would" or other similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position or state other "forward-looking" information. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. The factors listed in the section captioned "Risk Factors" in Item 1A in our Form 10-K for the year ended December 31, 2008, as well as any other cautionary language in that Form 10-K, provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affectin...
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UNIVERSAL TRUCKLOAD SERVICES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statemen

Show all filings for UNIVERSAL TRUCKLOAD SERVICES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNIVERSAL TRUCKLOAD SERVICES, INC. 27-Oct-2009Entry into a Material Definitive Agreement, Financial Statemen Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All in...
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Universal Truckload Services, Inc. to Participate in Stephens Fall Investment Conference

WARREN, Mich., Nov. 11 /PRNewswire-FirstCall/ -- Universal Truckload Services, Inc. (Nasdaq: UACL - News) announced today its participation in the Stephens Fall Investment Conference in New York, New York. Universal President and CEO Don Cochran will present an overview of the Company, based on 3rd Quarter 2009 financial results. Universal's presentation begins at 10:00 AM on Wednesday, November 18, 2009. It will be broadcast live via the internet at http://www.goutsi.com, click on "Investors" and then click the webcast link. An archived webcast will be available through Monday, November 30, 2009. For more information about the presentation or webcast, please contact Robert Sigler at (586) 920-0100 or email rsigler@uacl.com.About Universal:Universal Truckload Services, Inc. is primarily an asset light based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec. The Company's trucking services include both flatbed and dry van operations and the Company provides rail-truck and steamship-truck intermodal support services. The Company also offers truck brokerage services.Some of...
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Coverage initiated on Universal Truckload Services by Piper Jaffray

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