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Universal Logistics Holdings Inc. (ULH) delivers asset-light transportation and logistics solutions across North America, serving diverse industries through trucking, intermodal services, and contract logistics. This page provides investors and stakeholders with direct access to ULH's official news updates and press releases.
Find timely information on earnings reports, strategic acquisitions, and operational developments that shape ULH's position in the logistics sector. Our curated collection ensures you stay informed about regulatory compliance milestones, sustainability initiatives, and partnerships driving the company's asset-light model.
All content is sourced from verified company communications, offering a neutral perspective for investment research and market analysis. Bookmark this page for streamlined access to ULH's latest announcements and industry-related updates.
Universal Logistics Holdings (NASDAQ: ULH) reported significant declines in its Q1 2025 financial results. Operating revenues fell 22.3% to $382.4 million, while operating income decreased by $59.4 million to $15.7 million. Net income dropped to $6.0 million, or $0.23 per share, compared to $52.5 million ($1.99 per share) in Q1 2024.
The company's segments showed widespread challenges: Contract Logistics revenues decreased 18.4% to $255.9 million, Intermodal segment declined 9.8% to $70.7 million with an operating loss of $10.7 million, and Trucking revenues fell 20.2% to $55.6 million.
The Board declared a quarterly dividend of $0.105 per share, payable July 1, 2025. The company held $20.6 million in cash and $12.0 million in marketable securities, with outstanding debt of $740.0 million at quarter's end.
Universal Logistics Holdings (NASDAQ: ULH) has been honored as a 2024 Supplier of the Year by General Motors at GM's 33rd annual Supplier of the Year event in Phoenix, Arizona. The prestigious recognition acknowledges ULH's exceptional performance across important categories including safety, innovation, and resilience throughout 2024.
The selection process, conducted by a global cross-functional team, evaluated suppliers based on their performance metrics and alignment with GM's core values and strategic objectives. Tim Phillips, Universal's President and CEO, emphasized the award's significance in reflecting their collaborative approach and commitment to being a trusted supply chain partner.
Jeff Morrison, GM's Global Chief Procurement Officer, highlighted the 30-year tradition of recognizing top global suppliers, particularly noting their innovative capabilities and resilience in challenging circumstances.
Universal Logistics Holdings (NASDAQ: ULH) has announced its schedule for the release of first quarter 2025 financial results. The company will disclose its Q1 2025 earnings after market hours on Thursday, April 24, 2025.
A quarterly earnings conference call is scheduled for Friday, April 25, 2025, at 10:00 a.m. Eastern Time. Investors can access the call through toll-free (800) 836-8184 or international dial-in +1 (646) 357-8785.
A replay option will be available until May 2, 2025, via (888) 660-6345 (toll-free) or +1 (646) 517-4150 (toll) using encore replay code 14174#. The call will also be accessible through the company's investor relations website.
Universal Logistics Holdings (ULH) reported Q4 2024 financial results with operating revenues of $465.1 million, a 19.0% increase year-over-year. Operating income rose 12.3% to $38.3 million, while earnings per share decreased 4.9% to $0.77.
The company's contract logistics segment showed strong performance with a 52.7% revenue increase to $307.4 million, including $51.3 million from the Stanton, TN project and $59.5 million from the Parsec acquisition. However, the intermodal segment experienced a 15.9% revenue decline to $73.1 million with an operating loss of $9.7 million.
The trucking segment saw an 11.5% revenue increase to $83.8 million with improved operating margins. The company declared a quarterly dividend of $0.105 per share, payable on April 1, 2025.
Universal Logistics Holdings (NASDAQ: ULH) has announced its schedule for releasing fourth quarter 2024 financial results. The company will publish its earnings report after market close on Thursday, February 6, 2025. A conference call to discuss the results is scheduled for Friday, February 7, 2025 at 10:00 a.m. Eastern Time.
Investors can access the call toll-free at (800) 836-8184 or internationally at +1 (646) 357-8785. A replay will be available through February 14, 2025, accessible via (888) 660-6345 (toll-free) or +1 (646) 517-4150 (toll) using encore replay code 40331#. The call will also be available on the company's investor relations website.
Universal Logistics Holdings reported Q3 2024 results with operating revenues of $426.8 million, up 1.3% year-over-year. Net income reached $26.5 million, or $1.01 per share, a 14.7% increase from Q3 2023. Operating income grew 16.0% to $42.6 million, with operating margin improving to 10.0%. The company's contract logistics segment showed strong performance with 17.8% revenue growth, while intermodal and trucking segments experienced revenue declines. The company ceased operations of its brokerage business, resulting in pre-tax losses of $8.6 million. A quarterly dividend of $0.105 per share was declared.
Universal Logistics Holdings (NASDAQ: ULH) has announced its schedule for releasing third quarter 2024 financial results. The company will report its earnings after the market closes on Thursday, October 24, 2024. Following this, ULH will host a quarterly earnings conference call on Friday, October 25, 2024, at 10:00 a.m. Eastern Time.
Investors and interested parties can participate in the conference call using the following details:
- Toll-Free Call: (800) 836-8184
- International Dial-in: +1 (646) 357-8785
Universal Logistics Holdings (NASDAQ: ULH) has announced the grand opening of a new Intermodal terminal near Tacoma, WA. The facility features 2.5 acres of secured container yard space for 24/7 service, offering a range of drayage services. Strategically located, it provides convenient access to all Northwest Seaport Alliance South Harbor Terminals and major highways, as well as proximity to key industrial areas including Sumner/Kent Industrial Park, Puyallup/Spanaway Industrial Centers, and Olympia/Lacey Industrial Areas.
John Wroby, President of Universal Intermodal Services, highlighted that the new terminal expands operational capabilities and enhances service efficiency. Universal is actively hiring owner operators and dispatch office positions for this new facility.
Universal Logistics Holdings (NASDAQ: ULH) has acquired Parsec, a leading provider of terminal management services to railroads across North America. Parsec operates in over 20 rail yards in the US and Canada, offering container lift services, equipment repair, drayage, and container stacking. The acquisition, valued at $193.6 million, is expected to be immediately accretive and boost Universal's contract logistics segment revenues to over $1 billion annually.
Parsec reported total operating revenues of $230.2 million for the trailing-twelve months ended August 31, 2024. With nearly 2,100 employees, Parsec will operate within Universal's contract logistics segment. The acquisition aims to diversify Universal's service offering and provide a significant presence in the rail terminal services space.
Universal Logistics Holdings (NASDAQ: ULH) has announced the integration of the 2025 Peterbilt 579EV electric vehicles into its intermodal fleet in Southern California. This move is part of the company's ongoing sustainability initiatives aimed at reducing its carbon footprint. John Wroby, President of Universal Intermodal Services, emphasized the company's dedication to promoting sustainable logistics solutions. CEO Tim Phillips highlighted the strategic importance of this investment in advancing the company's sustainability goals. Universal Logistics Holdings plans to continue evaluating and implementing climate-positive actions throughout its operations and value chain.
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