Universal Intermodal Services take pride in being a single-source provider for all of your intermodal service requirements.Top 100 Logistics Provider 2019LINC is a leading asset-light provider of custom-developed, third-party logistics solutions that allow its customers and clients to reduce costs and manage their global supply chains more efficiently. Founded in 1994, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Instead, we support consumer product manufacturers throughout the world by selling them processed raw products and performing related services for them.Our strategic plan involves a measured evaluation of diversification opportunities in the agro-business space that allow us to take advantage of core competencies gained over our nearly 100- year history, including:In addition to our traditional leaf tobacco business, Universal has also established a presence in the value-added agricultural space. At SID Display Week in May, for the first-time, we showcased printed panels from our OVJP (organic vapor jet printing) pilot system. These sales were from our Chinese customers due to what we believe were trade-related issues.
As one of the strongest truckload carriers in the nation, Universal Truckload has the ability to provide transportation services for our customers, agents and owner operators. Collectively, we conduct business in more than 30 countries on 5 continents and employ more than 24,000 permanent and seasonal workers. Our combined expertise allow for a seamless customer experience. The guidance was prepared utilizing accounting standard ASC Topic 606; under the prior accounting standard ASC Topic 605, the Company estimates that its 2019 revenues would be approximately $425 million to $435 million.Increase (decrease) in liabilities:Effective January 1, 2018, we adopted ASC Topic 606 using the “modified retrospective” approach, meaning the standard was applied only to the financial results commencing with the first quarter of 2018 with a cumulative adjustment to retained earnings. Through various global subsidiaries and unconsolidated entities, we purchase, process and sell a variety of flue-cured, burley, dark air-cured and oriental tobaccos.
EX-21 33 dex21.htm SUBSIDIARIES OF NBCUNIVERSAL MEDIA, LLC Exhibit 21 . We are the world’s leading global leaf tobacco supplier, and leaf tobacco is our primary business and source of revenues. Because of the seasonal nature of the Company's business, the results of operations for any fiscal quarter will not necessarily be indicative of results to be expected for other quarters or a full fiscal year. We are a customs bonded CTPAT certified carrier and hold interchange agreements with all of the major steamship lines and railroads.
We also recently started a sweet potato processing business and intend to expand into other agricultural products processing. For such early data, we believe that this is extraordinarily encouraging. ; Qubo (with Ion Media Networks, Scholastic Entertainment, Classic Media and Corus Entertainment): A … TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITYProceeds from sale of investments“We are pleased to report strong second quarter results across the board,” said Sidney D. Rosenblatt, Executive Vice President and Chief Financial Officer of Universal Display.
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