Universal Logistics Holdings, Inc. - Form 8-K Filing

Universal Logistics Holdings, Inc. reported its first quarter 2026 financial results, showing a net loss of $3.5 million, or $(0.13) per share, on revenues of $367.6 million. This compares to a net income of $6.0 million, or $0.23 per share, in the first quarter of 2025. The company experienced a decrease in operating income to $4.8 million from $15.7 million year-over-year, with an EBITDA of $40.7 million compared to $51.7 million in the prior year. The decline is attributed to weakness in the intermodal segment, characterized by lower volumes and pricing pressure. The contract logistics segment saw a revenue increase, but a decrease in operating income. The intermodal segment experienced a significant operating loss, with decreased revenues and load volumes. The trucking segment also reported decreased revenues and operating income. The company declared a quarterly dividend of $0.105 per share. Additionally, the filing details the appointment of Michael H. Rogers as Chief Financial Officer and Treasurer, including his employment agreement terms, and the appointment of Michael A. Regan to the Audit Committee. The company also held its Annual Meeting of Stockholders, where directors were elected, executive compensation was approved advisory, and the appointment of Ernst & Young, LLP as independent registered public accounting firm was ratified.