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BYLINE: Thomas L. Gallagher
While truckload carriers with large fleets are reporting losses or deep cuts in earnings, Universal Truckload Services profits were just 11 percent below last year's level in the third quarter.
The asset-light truckload carrier and broker earned $5.1 million in the quarter ending Sept. 29, compared with $5.8 million a year ago. Total revenue was $171.8 million, down a tenth of a percent from $171.9 million in the year-ago quarter.