Highest-materiality recent filing
Universal Logistics Q1 net loss $3.5M, EPS -$0.13; Intermodal revenue down 32%
Net loss of $3.5M (EPS -$0.13) vs net income of $6M ($0.23) a year ago; revenue down 3.9% to $367.6M.
Universal Logistics appoints Michael Rogers as CFO; Jude Beres resigns effective May 29, 2026
Michael Rogers, formerly CFO at Conlan Tire and 30-year Ford veteran, appointed CFO and Treasurer effective June 1, 2026.
Universal Logistics appoints Ernst & Young as independent auditor for FY 2026
Appointed Ernst & Young LLP as independent auditor for fiscal year ending Dec 31, 2026, effective March 16, 2026.
Dismissed Grant Thornton as independent auditor effective March 16, 2026 (10-K filing date).
Universal Logistics Q4 net income falls 82% to $3.7M; intermodal loss deepens
Net income of $3.7M ($0.14 EPS) vs $20.2M ($0.77 EPS) in Q4 2024.
Universal Logistics restates Q3 2025, adds $43.2M goodwill impairment after accounting error
Audit Committee concluded Q3 2025 financials should no longer be relied upon due to goodwill impairment analysis error for intermodal reporting unit.
Universal Logistics Q3 net loss $74.8M, EPS $(2.84); $81.2M impairment charge
Non-cash impairment of $81.2M in intermodal segment: $58M goodwill, $23.2M customer lists.
UDOT CTL-Funding issued $195.9M senior secured promissory note at 6.84% fixed rate, maturing Nov 15, 2034.
Universal Logistics postpones Q3 earnings, records impairment on intermodal intangibles
Audit Committee concluded a material non-cash impairment charge on intermodal segment intangible assets for Q3 2025.
Revolver increased from $400M to $500M via partial exercise of accordion feature under existing credit agreement.
Universal Logistics Q2 EPS $0.32, revenue $393.8M, both down sharply YoY; declares $0.105 dividend
Q2 2025 net income $8.3M ($0.32 EPS) vs $30.7M ($1.17 EPS) in Q2 2024.
Universal Logistics reincorporates from Michigan to Nevada effective May 1, 2025
Completed conversion from Michigan to Nevada corporation effective May 1, 2025, after shareholder approval on April 23, 2025.
Universal Logistics Q1 EPS $0.23 vs $1.99; revenue down 22.3%
Net income $6.0M ($0.23 EPS) vs $52.5M ($1.99) in Q1 2024; revenue fell 22.3% to $382.4M.
Universal Logistics Q4 revenue up 19% to $465.1M; EPS $0.77 vs $0.81; declares $0.105 dividend
Q4 operating revenues $465.1M (+19% YoY); net income $20.2M ($0.77 diluted EPS) vs $21.4M ($0.81) in Q4 2023.
Universal Logistics Q3 EPS $1.01 (adj $1.25); closes brokerage, declares $0.105 dividend
Q3 net income $26.5M, EPS $1.01 (+14.7% YoY); adjusted EPS $1.25 excluding $0.24 loss from brokerage closure.
Universal Logistics acquires rail terminal operator Parsec for $193.6M cash
Acquired Parsec (terminal services, 2,100 employees, >20 rail yards) for ~$193.6M cash, funded via KeyBank credit facility.
Universal Logistics shuts freight brokerage UCS, expects $6-7M pre-tax charges
UCS operations ending Aug 23; ~125 employees terminated, most effective Aug 20.
ULH subsidiary leases Ford land for 1M sq ft warehouse supporting electric truck production
UDOT builds ~1,000,000 sq ft facility at own cost; substantial completion required by Jan 1, 2025.
Universal Logistics Q2 EPS $1.17 (+30% YoY); Revenue $462M (+12%); Declares $0.105 dividend
Net income $30.7M vs $23.6M YoY; diluted EPS $1.17 vs $0.90.
Universal Logistics Q1 EPS $1.99, revenue $491.9M up 12.5%; declares $0.105 dividend
Net income $52.5M ($1.99/share) vs $24.9M ($0.95) YoY; operating income $75.1M up from $38.2M.
Universal Logistics amends credit agreement, adds Mexican units as guarantors
On April 5, 2024, subsidiary Universal Management amended its credit agreement with KeyBank-led syndicate.
Michael H. Rogers was appointed to serve as Chief Financial Officer and Treasurer of the Company, effective June 1, 2026.
Max materiality 0.82 · Median 0.75 · Most common event earnings