Recent Updates — ULH
Universal Logistics Holdings, Inc. filed a Current Report on Form 8-K to disclose the execution of a Fourth Amendment Agreement with KeyBank National Association and other lenders on September 29, 2026. This amendment modifies the company's existing Credit and Security Agreement dated November 27, 2018. The agreement extends the maturity date from September 30, 2027, to September 30, 2029. It also reduces aggregate revolving commitments from $500.0 million to $350.0 million while revising the uncommitted accordion feature to allow increases of up to $150.0 million under specified conditions. Additionally, the amendment updates leverage-based pricing grids for interest-rate margins and commitment fees. Universal Logistics Holdings operates in the transportation and logistics industry.
Universal Logistics Holdings reported second quarter 2026 results with consolidated operating revenues of $379.3 million and GAAP earnings per share of $0.99. Operating income was $45.1 million, boosted by a $45.3 million gain on the sale of real property in Kearny, New Jersey, partially offset by a $3.9 million impairment charge and $12.3 million in legal charges. The company declared a quarterly cash dividend of $0.105 per share, payable October 1, 2026 to shareholders of record on September 1, 2026. Universal Logistics Holdings operates in the transportation and logistics industry, providing customized supply chain solutions including contract logistics, trucking, and intermodal services.
On June 24, 2026, UTSI Finance, Inc., a subsidiary of Universal Logistics Holdings, Inc., entered into agreements with Lakeshore Ventures LLC to sell a real property facility in Kearny, New Jersey, for $38.0 million in cash and acquire the membership interests of Passaic Ventures LLC, which owns a Newark, New Jersey facility. The transaction was approved by the company's disinterested Board of directors. Universal Logistics Holdings, Inc. operates in the logistics and transportation industry by providing various transportation and logistics services.