Universal Logistics Holdings Reports $74.8M Net Loss
Update: 2025-11-08
Description
Universal Logistics Holdings reported a significant net loss of $74.8 million, or $2.84 per share, due to a non-cash charge in its intermodal shipping division. The impairment, valued at $81.2 million, reflects reduced demand and pressure on profit margins. Despite this, the companys core business model remains strong, with its contract logistics segment performing well and driving overall success. The intermodal division, however, faced challenges, with revenue down 17% and revenue per load falling by 14%. Looking ahead, Universal expects fourth-quarter revenue between $365 million and $385 million, with operating margins of 4-6% and EBITDA margins of 12-14%.
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