Universal Logistics Shares Fall After Swing to 1Q Loss

Dow Jones

05/05

By Christopher Kuo

Universal Logistics Holdings shares tumbled after the company swung to a loss in the first quarter, driven by a steep operating revenue declines.

Shares of the transportation and logistics solutions company fell 23%, $16.85. Despite the intraday decline, shares are up 9% year to date.

The transportation and logistics company on Friday posted a loss of $3.5 million, or 13 cents a share, compared with a profit of $6 million, or 23 cents a share, a year earlier.

Operating revenue fell to $367.6 million from $382.4 million in the year-ago period. Operating revenues in the intermodal segment decreased 32.3% to $47.9 million in the first quarter. Trucking operating revenues decreased 9.7% to $50.2 million.

Chief Executive Tim Philips said the company had a slow start to the year caused by continued weakness in its intermodal segment marked by including lower volumes and pricing pressure.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 04, 2026 12:03 ET (16:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Despite the intraday decline, shares are up 9% year to date. \n</p>\n<p>\n  The transportation and logistics company on Friday posted a loss of $3.5 million, or 13 cents a share, compared with a profit of $6 million, or 23 cents a share, a year earlier. \n</p>\n<p>\n  Operating revenue fell to $367.6 million from $382.4 million in the year-ago period. Operating revenues in the intermodal segment decreased 32.3% to $47.9 million in the first quarter. Trucking operating revenues decreased 9.7% to $50.2 million. \n</p>\n<p>\n  Chief Executive Tim Philips said the company had a slow start to the year caused by continued weakness in its intermodal segment marked by including lower volumes and pricing pressure. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 04, 2026 12:03 ET (16:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4022","symbol_name":"陆运","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633954096","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633954096","pubTimestamp":1777910580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Universal Logistics Holdings shares tumbled after the company swung to a loss in the first quarter, driven by a steep operating revenue declines.Shares of the transportation and logistics solutions company fell 23%, $16.85. 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Despite the intraday decline, shares are up 9% year to date. \n\n\n  The transportation and logistics company on Friday posted a loss of $3.5 million, or 13 cents a share, compared with a profit of $6 million, or 23 cents a share, a year earlier. \n\n\n  Operating revenue fell to $367.6 million from $382.4 million in the year-ago period. Operating revenues in the intermodal segment decreased 32.3% to $47.9 million in the first quarter. Trucking operating revenues decreased 9.7% to $50.2 million. \n\n\n  Chief Executive Tim Philips said the company had a slow start to the year caused by continued weakness in its intermodal segment marked by including lower volumes and pricing pressure. \n\n\n \n\n\n  Write to Christopher Kuo at chris.kuo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 04, 2026 12:03 ET (16:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}