Full-Time
Universal
1,001-5,000 employees
Customized transportation and logistics solutions provider
No salary listed
Entry
Portland, OR, USA
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- Class A CDL
- Must be 21 years old
- Must have 6 months of verifiable tractor trailer experience
Universal Logistics Holdings, Inc. offers tailored transportation and logistics services across the United States, Mexico, and Canada. Their services include transportation, intermodal options, contract logistics, and global trade management, allowing customers to adapt their supply chain solutions based on fluctuating needs and volumes. Unlike many competitors, Universal operates on an asset-light model, which means they do not own the transportation assets themselves, allowing for greater flexibility and efficiency in meeting customer demands. The company's goal is to provide scalable and effective supply chain solutions that can evolve with their clients' requirements.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Warren, Michigan
Founded
1981
Simplify's Take
What believers are saying
- Increased demand for EV logistics services boosts Universal's growth potential.
- Nearshoring trends create new opportunities for Universal in North America.
- AI integration enhances Universal's route optimization and service reliability.
What critics are saying
- Increased competition in automotive logistics may impact Universal's market share.
- Closure of brokerage subsidiary could lead to loss of market presence.
- Integration challenges from Parsec acquisition may strain Universal's resources.
What makes Universal unique
- Universal Logistics is recognized as a top supplier by General Motors.
- The acquisition of Parsec enhances Universal's contract logistics capabilities.
- Universal's specialized heavy-haul services drive success in the trucking segment.
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Benefits
Health Insurance
Company News
Transportation and supply chain provider Universal Logistics Holdings said lagging demand for auto parts contributed to a sluggish first quarter. Universal Logistics’ (NASDAQ: ULH) first-quarter operating revenue decreased 22.3% year over year to $382.4 million. First-quarter earnings per share came in at 23 cents per share, an 88% year-over-year decrease. “The overall freight environment remained sluggish, and our largest vertical, automotive, saw a slowdown in January but improved as the quarter progressed,” CEO Tim Phillips said during a call with analysts Friday. “While the results of this quarter were below our historical benchmarks, we remain confident in the resilience of our business model.” The company released first-quarter financial results after the market closed on Thursday. Universal Logistics is a Warren, Michigan-based truckload transportation, intermodal and logistics provider
WARREN, Mich., April 15, 2025 /PRNewswire/ - Universal Logistics Holdings, Inc. (NASDAQ: ULH) was named a 2024 Supplier of the Year by General Motors ("GM").
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.
Proficio Capital Partners LLC makes new $753,000 Investment in Universal Logistics Holdings, Inc. (NASDAQ:ULH).
Universal Logistics Holdings reported a 19% year-over-year increase in operating revenue to $465.1 million in the fourth quarter.The company’s adjusted earnings per share decreased 4.9% year over year to 77 cents during the quarter.Universal Logistics beat Wall Street analysts’ revenue estimates of $435.7 million in the fourth quarter but missed on EPS expectations of 92 cents per share.Company officials touted results in its contract logistics segment and demand for heavy-haul services during the quarter.“Our contract logistics segment continues to be the cornerstone of our success,” CEO Tim Phillips said in a news release. “Strong demand for our specialized, heavy-haul services has also enabled our trucking segment to produce solid results during the quarter, and throughout all of 2024.”Universal Logistics (Nasdaq: ULH) is a Warren, Michigan-based truckload transportation, intermodal and logistics provider. The company provides services across the U.S, Mexico, Canada and Colombia and has more than 10,000 employees.Revenue in the contract logistics segment increased 52.7% year over year to $307.4 million.At the end of the fourth quarter, the intermodal segment managed 90 value-added programs, including 20 new rail terminal operations, compared to a total of 71 programs in the fourth quarter of 2023.In the trucking segment, fourth-quarter revenue increased 11.5% year over year to $83.8 million.The number of loads in the company’s trucking segment declined 17% year over year to 36,068 in the fourth quarter.Average operating revenue per load in the trucking segment increased 30% year over year to $2,183. The average number of tractors in the quarter decreased 15.5% year over year to 699.Revenue in the intermodal segment decreased 15.9% year over year to $73.1 million in the fourth quarter. Load volumes in the segment declined 15.3% year over year to 100,457.Average operating revenue per load in the intermodal segment, excluding fuel surcharges, declined 2.2% year over year to $537.Universal Logistics announced a cash dividend of 10.5 cents per share of common stock. The dividend is payable to shareholders of record by April 1.The company will hold a conference call to discuss results with analysts at 10 a.m