Universal Logistics Holdings, Inc. - Company Research Report
Company Overview
- Name: Universal Logistics Holdings, Inc.
- Mission of the Company: Universal celebrates the spirit of teamwork, reliability, excellence, and value by continuing to improve systematically with expertise, technology, strong leadership, and great team members.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- Tim Phillips, President and CEO.
- Headquarters: 12755 E. 9 Mile Road, Warren, MI 48089.
- Number of Employees: Nearly 2,100 employees (reported through recent acquisition of Parsec).
- Revenue: No information is available.
- Known For: Universal is one of the largest truckload transporters in North America and a full-service provider of customized transportation and logistics solutions, including intermodal drayage, material handling and value-added services, and global trade management.
Products and Services
Transportation Services
- Dedicated
- Intermodal
- Truckload
- Forwarding
- Ground Expedite
Description
Universal Logistics provides a comprehensive suite of transportation services utilizing an extensive fleet of dry van, flat-bed, and specialized equipment to support North America's vast geographic requirements.
Logistics Services
- Cross-Docking
- Material Handling
- Value-Added Services
- Warehousing
Description
These services include managing large and complex material handling facilities that operate at high-velocity rates, offering inventory management, sub-assembly, kitting, sequencing, and inventory precision.
Key Product Features
- Universal’s AccuLinc™: A web-based supply chain execution system offering inventory management, real-time scanning, and user-defined dashboards for enhanced logistics efficiency.
Recent Developments
New Developments
- New Intermodal Terminal: Opened near Tacoma, WA, featuring 2.5 acres of secured container yard space.
- Acquisition of Parsec: Acquired this market-leading rail terminal operator, expanding terminal management services across North America.
- Integration of Electric Vehicles: Unveiled electric vehicles into the intermodal fleet in Southern California to enhance sustainability.
Partnerships & Recognition
- Supplier of the Year: Recognized by General Motors for 2023.
- Workplace Diversity: Named to Newsweek’s 2024 List of America’s Greatest Workplaces for Diversity.
Industry Recognition and Awards
- Crain’s Detroit Business: Fastest Growing Companies 2023.
- Logistics Management 2024 Quest for Quality.
- Inbound Logistics Top 100 Trucker 2024.
- Transport Topics 2024 Top 100 Logistics Company.
- Armstrong & Associates 2023 Top 25 Dedicated Contract Carriage 3PL.
This report provides a detailed insight into Universal Logistics Holdings, Inc.'s strategic initiatives, service offerings, and market achievements. The information reflects the company's ongoing growth, industry stature, and efforts towards sustainable logistics solutions.