Universal Logistics FY26 Q2 net income more than doubled to $26.19 million; revenue falls 3.7% to $379.32 million - ULH News | RalliesUniversal Logistics FY26 Q2 net income more than doubled to $26.19 million; revenue falls 3.7% to $379.32 million
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ULH• Quarterly results
- Universal Logistics Holdings posted Q2 net income of $26.19 million, more than doubled from $8.32 million a year earlier.
- Operating income climbed 126.9% to $45.14 million, even as operating revenues fell 3.7% to $379.32 million.
- Intermodal revenue dropped 36.03% to $44.08 million; operating loss widened to $10.45 million from $5.68 million.
- Contract logistics revenue rose 4.17% to $271.42 million; operating income increased 13% to $24.6 million on lower labor costs.
- Net interest expense increased 19.3% to $10.56 million; total borrowings were $695.5 million at quarter-end.
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