---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-048406"
form_type: "8-K"
ticker: "ULH"
cik: "0001308208"
company_name: "UNIVERSAL LOGISTICS HOLDINGS, INC."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:36:14.836303+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Universal Logistics Q1 EPS $1.99, revenue $491.9M up 12.5%; declares $0.105 dividend

## Summary
- Net income $52.5M ($1.99/share) vs $24.9M ($0.95) YoY; operating income $75.1M up from $38.2M.
- Contract logistics revenue $313.5M (+48.4%) with 26% operating margin; new program ramp-up in Q1.
- Intermodal segment loss $(8.0)M on revenue decline 30.9% to $76.7M due to load volume drop 14.1%.
- Quarterly cash dividend $0.105/share declared, payable July 1, 2024 to holders of record June 3.
- Shareholders approved 2024 Equity Incentive Plan reserving 750,000 shares for future awards.

## SEC filing metadata
- accession: 0000950170-24-048406
- form_type: 8-K
- ticker: ULH
- cik: 0001308208
- company_name: UNIVERSAL LOGISTICS HOLDINGS, INC.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/ulh-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-048406
- JSON: https://secwatch.observer/filing/0000950170-24-048406.json
- Plain text: https://secwatch.observer/filing/0000950170-24-048406.txt

## Key facts
- Earnings Releases
  UNIVERSAL LOGISTICS HOLDINGS, INC. reported thirteen weeks ended March 30, 2024 results: revenue $491.9 million, net income $52.5 million, EPS $1.99 per basic and diluted share.
  - Period: thirteen weeks ended March 30, 2024
  - Revenue: $491.9 million
  - Net income: $52.5 million
  - EPS: $1.99 per basic and diluted share
  - Result: reported results
  source text: EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Universal Logistics Holdings Reports First Quarter 2024 Financial Results; Declares Dividend - First Quarter 2024 Operating Revenues: $491.9 million, up 12.5% - First Quarter 2024 Operating Income: $75.1 million, up $36.9 million - First Quarter 2024 Earnings Per Share: $1.99 per share, up $1.04 per share - Declares Quarterly
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm
- Shareholder Votes
  UNIVERSAL LOGISTICS HOLDINGS, INC. shareholders approved Election of Directors.
  - Proposal: director election
  - Outcome: passed
  source text: Proposal No. 1: Election of Directors Nominee For Withheld Grant E. Belanger 21,295,406 4,404,208 Frederick P. Calderone 21,015,379 4,684,235 Daniel J. Deane 21,342,633 4,356,981 Clarence W. Gooden 21,923,706 3,775,908 Marcus D. Hudson 24,340,574 1,359,040 Matthew J. Moroun 20,681,242 5,018,372 Matthew T. Moroun 20,121,048 5,578,566 Tim Phillips 20,542,204 5,157,410 Michael A. Regan 21,923,706 3,775,908 Richard P. Urban 20,786,035 4,913,579 H.E. “Scott” Wolfe 21,044,725 4,654,889 There were 283,296 broker non-votes with respect to this proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm
- Shareholder Votes
  UNIVERSAL LOGISTICS HOLDINGS, INC. shareholders approved Ratification of the Appointment of the Independent Registered Public Accounting Firm at the 2024-12-31 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-12-31
  source text: Proposal No. 3: Ratification of the Appointment of the Independent Registered Public Accounting Firm Our shareholders ratified the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024. For Against Abstain 25,874,402 105,867 2,641
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm
- Shareholder Votes
  UNIVERSAL LOGISTICS HOLDINGS, INC. shareholders approved Approval of the Universal Logistics Holdings, Inc. 2024 Equity Incentive Plan.
  - Proposal: equity plan
  - Outcome: passed
  source text: Proposal No. 2: Approval of the Universal Logistics Holdings, Inc. 2024 Equity Incentive Plan Our shareholders approved the 2024 Equity Incentive Plan as disclosed in the Proxy Statement. For Against Abstain 25,229,550 446,921 23,143 There were 283,296 broker non-votes with respect to this proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.