Universal Logistics Holdings, Inc. (ULH) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Universal Logistics Holdings second quarter 2024 earnings conference call. At this time, all participants are in the listen-only mode. Should you need assistance, please signal a conference specialist by pressing star followed by zero. A brief question and answer session will follow the formal presentation. During the course of this call, management may make forward-looking statements based on their best view of the business as seen today. Statements that are forward-looking relate to Universal's business objectives or expectations and can be identified by the use of the words such as believe, expect, anticipate, and project. Such statements are subject to risks and uncertainties, and actual results could differ materially from those expectations. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Tim Phillips, Chief Executive Officer, Mr. Jude Barris, Chief Financial Officer, and Mr. Stephen Fitzpatrick, Vice President of Finance and Investor Relations. Thank you. Mr. Phillips, you may begin. Thank you, Ludi. Good morning, everyone. Thank you for joining Universal's 2024 Second Quarter Earnings Call. Once again, the theme of the quarter can be summed up in four words. Diversity is our strength. Universal's diversity service offerings are what differentiates us from our competitors in the transportation and logistics space and is what allows us to deliver outstanding results even during this prolonged transportation down cycle. But before I dig into the results, I would also like to take the moment to thank the entire Universal team. The tremendous work and effort of our 10,000 plus employees and contractors are what make these results possible. This is what allows us to deliver outstanding service...