Universal Logistics Holdings Inc. recently reported its second-quarter revenue, which saw a 15% year-over-year decrease, totaling $393.8 million. The company also experienced a significant decline in adjusted earnings per share, dropping by 73% to 32 cents during the quarter.
Based in Warren, Michigan, Universal Logistics is a renowned provider of truckload transportation, intermodal, and logistics services. With operations spanning across the U.S, Mexico, Canada, and Colombia, the company boasts a vast workforce of over 10,000 employees.
Despite missing Wall Street analysts’ forecasts for revenue of $398.5 million and earnings per share of 34 cents in the second quarter, Universal Logistics’ CEO, Tim Phillips, remains optimistic. In a recent news release, Phillips stated, “Universal’s results for the second quarter, although muted, were broadly in-line with our previously guided expectations. As we continue to navigate a persistently weak freight backdrop, we remain committed to delivering exceptional service to our customers and making strategic investments to drive our long-term growth initiatives.”
The trucking segment of Universal Logistics witnessed a substantial 29.9% year-over-year decrease in revenue during the second quarter, amounting to $45.9 million. This decline was attributed to a 22.6% drop in trucking load volumes and an 8.9% decrease in the average operating revenue per load, excluding fuel surcharges, which stood at $1,927.
In the contract logistics segment, which encompasses Universal’s value-added and dedicated services, operating revenues dropped by 1.1% year-over-year to $260.6 million. The company also managed 87 value-added programs by the end of the second quarter of 2025, including 20 rail terminal operations, compared to a total of 68 programs at the same time in 2024.
Additionally, revenue in the intermodal segment experienced a 13.5% year-over-year decrease in the second quarter, amounting to $68.9 million. Load volumes declined by 12.9%, while the average operating revenue per load, excluding fuel surcharges, was recorded at $556.
Universal Logistics announced a cash dividend of 10.5 cents per share of common stock, payable to shareholders of record by October 1. The company will also be hosting a conference call with analysts at 10 a.m. on Friday to discuss its second-quarter results in detail.
For a comprehensive overview of Universal Logistics Holdings’ key performance indicators in the second quarter, refer to the table below:
Universal Logistics Holdings Q2/25 Q2/24 Y/Y % Change
Revenue Trucking revenue Brokerage services revenue Intermodal revenue Contract logistics segment Adjusted earnings per share
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