Universal Logistics FY26 Q2 net income more than doubled to $26.19 million; revenue falls 3.7% to $379.32 million
Reuters2026/08/13 20:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- 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.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Logistics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-349294), on August 13, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Top 3 Meme Coins to Watch in the Second Week of September
BeInCrypto•2026/09/06 22:51
Crypto Holders Turn to Loans as Markets Cool in 2026: CQ
Cryptopotato•2026/09/06 21:30
Bitcoin Is Backed by Nothing? Peter Schiff Revives Old War
BeInCrypto•2026/09/06 21:21
Crypto prices
MoreBitcoin
BTC
$80,160.28
+0.51%
Ethereum
ETH
$2,509.28
+1.19%
Tether USDt
USDT
$0.9999
-0.02%
BNB
BNB
$751.6
-2.54%
XRP
XRP
$1.42
+0.53%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$106.03
+2.63%
TRON
TRX
$0.3354
+0.39%
Hyperliquid
HYPE
$87.63
+2.62%
Zcash
ZEC
$1,233.82
+20.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now