Universal Logistics slips to Q1 loss as intermodal collapse deepens
Universal Logistics Holdings swung to a loss in the first quarter as continued weakness in its intermodal segment dragged down overall performance, despite modest growth in its contract logistics business. The Warren, Michigan-based logistics provider reported Q1 2026 revenue of $367.6 million, down from $382.4 million a year earlier, alongside a net loss of $3.5 million, or $(0.13) per share, compared to net income of $6 million, or $0.23 per share, in Q1 2025. Universal’s (NASDAQ: ULH) operating income ...