‘Nothing’s ever hit us like this’: Cargo from China plummets as COVID-19 shakes supply chains [Financial Post (Toronto, Ontario, Canada)]
Universal Logistics Holdings, Inc. (ULH)
Last universal logistics holdings, inc. earnings: 4/30 04:30 pm
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Source: Financial Post
'Nothing's ever hit us like this': Cargo from China plummets as COVID-19 shakes supply chains Declines of as much as 85% in volume of Chinese-made goods arriving in the Port of Vancouver, leading to 'inevitable' shortages later this month International freight and logistics companies are reporting declines of as much as 85 per cent in the volume of Chinese-made goods arriving in the Port of Vancouver, as the impact of COVID-19 begins to shake supply chains. Beijing ordered factories to shut down across most of its provinces in January as it struggled to control the coronavirus epidemic that has now spread to more than 80 countries. Though those plants were initially slated to reopen in early February, many only came back to life last week, while others remain shuttered. That’s left orders unfilled and many steamship lines to “blank shipments,” or cancel voyages, said Brandon Toothill, vice president of C&D Logistics, a midsized firm in Vancouver. Since the crisis began in January, C&D
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ULH
News
- Universal Logistics Holdings, Inc. (NASDAQ:ULH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Estimating The Intrinsic Value Of Universal Logistics Holdings, Inc. (NASDAQ:ULH) [Yahoo! Finance]Yahoo! Finance
- Universal Logistics Holdings, Inc. (NASDAQ: ULH) had its "hold" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $46.00 price target on the stock, up previously from $36.00.MarketBeat
- Universal Logistics Holdings, Inc. (NASDAQ: ULH) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Universal Logistics' Q1 trucking revenue falls 12.6% [Yahoo! Finance]Yahoo! Finance
ULH
Earnings
- 4/25/24 - Beat
ULH
Sec Filings
- 4/25/24 - Form 8-K
- 4/9/24 - Form 8-K
- 3/29/24 - Form 8-K
- ULH's page on the SEC website