Core Insights - Universal Logistics Holdings, Inc. reported consolidated operating revenues of $396.8 million for Q3 2025, with a net loss of $74.8 million and earnings per share of $(2.84) [1][9]. Financial Performance - The reported loss includes non-cash impairment charges of $81.2 million, primarily from the intermodal segment, which consisted of $58.0 million in goodwill impairment and $23.2 million related to customer-relationship intangible assets [2]. - For comparison, Q3 2024 showed total operating revenues of $426.8 million, net income of $26.5 million, and earnings per share of $1.01, with prior impairment charges of $3.7 million [3]. - Excluding impairment charges, adjusted income from operations was $7.0 million, with an adjusted operating margin of 1.8%, down from 10.9% in Q3 2024 [4]. - Adjusted EBITDA for Q3 2025 was $43.3 million, with an adjusted EBITDA margin of 10.9%, compared to $76.6 million and 18.0% in the same period last year [5]. Segment Performance - In the contract logistics segment, operating revenues increased by 7.8% to $264.4 million, with a decrease in income from operations to $13.7 million from $45.6 million year-over-year [8][10]. - The intermodal segment saw a 16.7% decrease in operating revenues to $64.7 million, with an operating loss of $(92.0) million, significantly impacted by impairment charges [12][17]. - The trucking segment's operating revenues decreased by 22.2% to $67.7 million, with an operating income of $3.9 million, down from $7.1 million in the previous year [13][18]. Cash and Dividends - The company declared a cash dividend of $0.105 per share, payable on January 2, 2026, to shareholders of record as of December 1, 2025 [14]. Future Outlook - For Q4 2025, the company expects operating revenues between $365 million and $385 million, with operating margins ranging from 4% to 6% and EBITDA margins between 12% and 14% [15].

Core Points - Universal Logistics Holdings, Inc. plans to release its third quarter 2025 financial results on October 23, 2025, after market close [1] - The quarterly earnings conference call is scheduled for October 24, 2025, at 10:00 a.m. Eastern Time [1] - The company provides a variety of customized transportation and logistics solutions across the United States, Mexico, Canada, and Colombia [2] Financial Information - The company reported a consolidated net income of $8.3 million for the second quarter of 2025, equating to $0.32 per basic share [6]

Core Insights - Universal Logistics Holdings, Inc. reported a net income of $8.3 million for Q2 2025, a significant decrease from $30.7 million in Q2 2024, with total operating revenues falling to $393.8 million from $462.2 million [1][7][18] - The company's operating income decreased by $27.2 million to $19.9 million, resulting in an operating margin of 5.1%, down from 10.2% year-over-year [2][7] - EBITDA for Q2 2025 was $56.2 million, down from $84.8 million in the same quarter last year, with an EBITDA margin of 14.3% compared to 18.4% [2][22] Segment Performance Contract Logistics - Operating revenues in the contract logistics segment decreased by 1.1% to $260.6 million, with a significant drop in operating income to $21.8 million from $52.9 million, leading to an operating margin of 8.4% compared to 20.1% [4][8] - The segment included $55.0 million from the acquisition of Parsec, while last year's revenues included $44.6 million from a completed specialty project [4] Intermodal - The intermodal segment saw a 13.5% decrease in operating revenues to $68.9 million, with load volumes declining by 12.9% [5][9] - Operating loss in this segment improved to $(5.7) million from $(8.6) million year-over-year, with an operating margin of (8.2)% compared to (10.8)% [5][9] Trucking - Trucking segment revenues fell by 29.9% to $64.1 million, with load volumes down 22.6% and average operating revenue per load declining by 8.9% [10][16] - Operating income in the trucking segment decreased to $3.3 million, resulting in an operating margin of 5.2%, slightly up from 4.8% last year [10][16] Financial Metrics - Total operating revenues for Q2 2025 were $393.8 million, a decrease of 14.8% from the previous year [7] - The company declared a quarterly dividend of $0.105 per share, payable on October 1, 2025 [11] - As of June 28, 2025, Universal held cash and cash equivalents of $24.3 million, with outstanding debt totaling $798.6 million [12][19]