Universal Logistics Holdings reported a net loss of $3.5 million in Q1 2026, down from a $6.0 million profit a year earlier, due mainly to a 32% revenue drop and operating loss in its intermodal segment. Total revenues fell to $367.6 million from $382.4 million, with operating income dropping to $4.8 million from $15.7 million. The company cited lower volumes and pricing pressure in intermodal services as key challenges but noted growth in contract logistics revenues. Despite the setback, Universal declared a quarterly dividend of $0.105 per share and remains focused on operational improvements and long-term strategy execution.
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign, featuring festivals, family attractions, sports events, and exclusive summer deals valid until August 31. Highlights include the 50th Sun Life Hong Kong International Dragon Bo...
XTransfer has been recognized for the second consecutive year in FXC Intelligence’s 2026 Top 100 Cross-Border Payments Companies list, highlighting its role in advancing global B2B payment solutions. The company, serving over 890,000 enterprises in 2...
