Universal Logistics Appoints New CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy ULH?
Source: PRnewswire
- Executive Appointment: Universal Logistics has announced the appointment of Michael Rogers as Chief Financial Officer and Treasurer, effective June 1, 2026, bringing nearly thirty years of financial leadership experience from Ford Motor Company, which is expected to enhance the company's financial and operational expertise.
- Predecessor Departure: Current CFO Jude Beres will resign on May 29, 2026, to pursue opportunities outside the transportation and logistics industry, having served as CFO since 2016 and significantly contributing to the company's growth and development during his tenure.
- Leadership Change Impact: Rogers' addition is seen as a crucial step in strengthening Universal Logistics' financial management capabilities, with expectations that he will leverage his experience at Ford to optimize the company's financial strategy, thereby enhancing market competitiveness.
- Transition Period Arrangement: Beres will remain with the company until his resignation to assist Rogers in the transition of responsibilities, ensuring stability and continuity during the leadership change.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ULH?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ULH
Wall Street analysts forecast ULH stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 22.360
Low
17.00
Averages
17.00
High
17.00
Current: 22.360
Low
17.00
Averages
17.00
High
17.00
About ULH
Universal Logistics Holdings, Inc. is a holding company whose subsidiaries provide customized transportation and logistics solutions throughout the United States and in Mexico, Canada and Colombia. Its segments include Contract Logistics, Intermodal, and Trucking. The Contract logistics segment offers value-added transportation services to support in-bound logistics to industrial customers and retailers on a contractual basis. These services are tailored to individual customer requirements and include material handling, consolidation, sequencing, sub-assembly, cross-dock services, kitting, repacking, and rail lift services. Intermodal segment provides local and regional drayage moves coordinated by Company-managed terminals using a mix of owner-operators, company equipment, and third-party capacity providers (broker carriers). These services include steamship-truck, rail-truck, and support services. Trucking segment includes dry van, flatbed, heavy-haul and refrigerated operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Universal Logistics Appoints New CFO
- Executive Appointment: Universal Logistics has appointed Michael Rogers as Chief Financial Officer and Treasurer effective June 1, 2026, bringing extensive financial management experience from his tenure as CFO at Conlan Tire Co., which is expected to introduce new financial strategies for the company.
- Leadership Transition: Current CFO Jude M. Beres will resign effective May 29, 2026, with Rogers' appointment aimed at ensuring a smooth leadership transition, as Beres will continue to support the company's financial operations until his departure.
- Industry Background: With nearly 30 years of senior finance roles at Ford Motor Company, Rogers' experience is anticipated to enhance Universal Logistics' financial decision-making and resource allocation in the competitive logistics sector.
- Market Reaction: This executive change at Universal Logistics may influence investor confidence, particularly against the backdrop of potential freight crises and market volatility, as the new financial leadership could signal a shift in strategic direction.
See More
Universal Logistics Appoints New CFO
- Executive Appointment: Universal Logistics has announced the appointment of Michael Rogers as Chief Financial Officer and Treasurer, effective June 1, 2026, bringing nearly thirty years of financial leadership experience from Ford Motor Company, which is expected to enhance the company's financial and operational expertise.
- Predecessor Departure: Current CFO Jude Beres will resign on May 29, 2026, to pursue opportunities outside the transportation and logistics industry, having served as CFO since 2016 and significantly contributing to the company's growth and development during his tenure.
- Leadership Change Impact: Rogers' addition is seen as a crucial step in strengthening Universal Logistics' financial management capabilities, with expectations that he will leverage his experience at Ford to optimize the company's financial strategy, thereby enhancing market competitiveness.
- Transition Period Arrangement: Beres will remain with the company until his resignation to assist Rogers in the transition of responsibilities, ensuring stability and continuity during the leadership change.
See More
Universal Logistics Q4 Earnings Beat Expectations
- Earnings Performance: Universal Logistics reported a Q4 GAAP EPS of $0.14, exceeding market expectations by $0.19, indicating strong profitability despite a decline in overall revenue.
- Revenue Decline: The company posted revenue of $385.43 million, down 17.1% year-over-year; however, it still beat analyst expectations by $9.33 million, demonstrating resilience in a challenging market environment.
- Positive Stock Reaction: Following the favorable earnings report, Universal Logistics shares rose by 2%, reflecting investor confidence in the company's future prospects despite facing industry challenges.
- Industry Risk Warning: Analysts have highlighted that Universal Logistics is one of the riskiest and most leveraged names in the trucking cycle, potentially facing a freight crisis, prompting investors to carefully assess its long-term investment value.
See More
Universal Logistics Reports Q4 2025 Financial Results
- Revenue Decline: Universal Logistics reported total operating revenues of $385.4 million for Q4 2025, a 17.1% decrease year-over-year, primarily impacted by underperformance in contract logistics and trucking segments, indicating a trend of muted market demand.
- Significant Net Income Drop: The company posted a net income of $3.7 million for the fourth quarter, down 81.7% from $20.2 million in the same period last year, with earnings per share falling to $0.14, reflecting a substantial weakening in overall profitability.
- Mixed Segment Performance: The contract logistics segment saw a 12.6% revenue decline to $268.6 million, largely due to the absence of last year's special project revenue, while intermodal revenues plummeted by 27.9%, highlighting challenges in the company's diversified service offerings.
- Dividend Declaration: The Board of Directors declared a cash dividend of $0.105 per share, expected to be paid on April 3, 2026, demonstrating a commitment to shareholders despite financial pressures.
See More
Revised: UNIVERSAL LOGISTICS REPORTS Q4 NET INCOME OF USD 3.7 MILLION (AMOUNT UPDATED)
Financial Performance: Universal Logistics reported a net income of USD 3.7 million for Q4, indicating a correction in previously stated financial figures.
Correction Announcement: The company issued a correction regarding the amount of net income, ensuring accurate financial reporting to stakeholders.
See More
Universal Logistics Reports Q4 2025 Financial Results
- Revenue Decline: Universal Logistics reported total operating revenues of $385.4 million for Q4 2025, a 17.1% decrease year-over-year, primarily due to reduced revenues in contract logistics and trucking segments, reflecting challenges from muted market demand.
- Operating Income Drop: The company’s operating income for the fourth quarter was $17.5 million, significantly down from $38.3 million in the same period last year, with the operating margin declining from 8.2% to 4.5%, indicating pressures on cost control and efficiency improvements.
- Mixed Segment Performance: The contract logistics segment generated revenues of $268.6 million, a 12.6% year-over-year decline, while the intermodal segment reported an operating loss of $10.6 million, highlighting disparities in performance across different business lines that impact overall profitability.
- Dividend Declaration: The company declared a cash dividend of $0.105 per share, expected to be paid on April 3, 2026, demonstrating a commitment to shareholders despite the challenging financial performance.
See More
Universal Logistics Appoints New CFO
- Executive Appointment: Universal Logistics has appointed Michael Rogers as Chief Financial Officer and Treasurer effective June 1, 2026, bringing extensive financial management experience from his tenure as CFO at Conlan Tire Co., which is expected to introduce new financial strategies for the company.
- Leadership Transition: Current CFO Jude M. Beres will resign effective May 29, 2026, with Rogers' appointment aimed at ensuring a smooth leadership transition, as Beres will continue to support the company's financial operations until his departure.
- Industry Background: With nearly 30 years of senior finance roles at Ford Motor Company, Rogers' experience is anticipated to enhance Universal Logistics' financial decision-making and resource allocation in the competitive logistics sector.
- Market Reaction: This executive change at Universal Logistics may influence investor confidence, particularly against the backdrop of potential freight crises and market volatility, as the new financial leadership could signal a shift in strategic direction.
See More
Universal Logistics Appoints New CFO
- Executive Appointment: Universal Logistics has announced the appointment of Michael Rogers as Chief Financial Officer and Treasurer, effective June 1, 2026, bringing nearly thirty years of financial leadership experience from Ford Motor Company, which is expected to enhance the company's financial and operational expertise.
- Predecessor Departure: Current CFO Jude Beres will resign on May 29, 2026, to pursue opportunities outside the transportation and logistics industry, having served as CFO since 2016 and significantly contributing to the company's growth and development during his tenure.
- Leadership Change Impact: Rogers' addition is seen as a crucial step in strengthening Universal Logistics' financial management capabilities, with expectations that he will leverage his experience at Ford to optimize the company's financial strategy, thereby enhancing market competitiveness.
- Transition Period Arrangement: Beres will remain with the company until his resignation to assist Rogers in the transition of responsibilities, ensuring stability and continuity during the leadership change.
See More
Universal Logistics Q4 Earnings Beat Expectations
- Earnings Performance: Universal Logistics reported a Q4 GAAP EPS of $0.14, exceeding market expectations by $0.19, indicating strong profitability despite a decline in overall revenue.
- Revenue Decline: The company posted revenue of $385.43 million, down 17.1% year-over-year; however, it still beat analyst expectations by $9.33 million, demonstrating resilience in a challenging market environment.
- Positive Stock Reaction: Following the favorable earnings report, Universal Logistics shares rose by 2%, reflecting investor confidence in the company's future prospects despite facing industry challenges.
- Industry Risk Warning: Analysts have highlighted that Universal Logistics is one of the riskiest and most leveraged names in the trucking cycle, potentially facing a freight crisis, prompting investors to carefully assess its long-term investment value.
See More
Universal Logistics Reports Q4 2025 Financial Results
- Revenue Decline: Universal Logistics reported total operating revenues of $385.4 million for Q4 2025, a 17.1% decrease year-over-year, primarily impacted by underperformance in contract logistics and trucking segments, indicating a trend of muted market demand.
- Significant Net Income Drop: The company posted a net income of $3.7 million for the fourth quarter, down 81.7% from $20.2 million in the same period last year, with earnings per share falling to $0.14, reflecting a substantial weakening in overall profitability.
- Mixed Segment Performance: The contract logistics segment saw a 12.6% revenue decline to $268.6 million, largely due to the absence of last year's special project revenue, while intermodal revenues plummeted by 27.9%, highlighting challenges in the company's diversified service offerings.
- Dividend Declaration: The Board of Directors declared a cash dividend of $0.105 per share, expected to be paid on April 3, 2026, demonstrating a commitment to shareholders despite financial pressures.
See More
Revised: UNIVERSAL LOGISTICS REPORTS Q4 NET INCOME OF USD 3.7 MILLION (AMOUNT UPDATED)
Financial Performance: Universal Logistics reported a net income of USD 3.7 million for Q4, indicating a correction in previously stated financial figures.
Correction Announcement: The company issued a correction regarding the amount of net income, ensuring accurate financial reporting to stakeholders.
See More
Universal Logistics Reports Q4 2025 Financial Results
- Revenue Decline: Universal Logistics reported total operating revenues of $385.4 million for Q4 2025, a 17.1% decrease year-over-year, primarily due to reduced revenues in contract logistics and trucking segments, reflecting challenges from muted market demand.
- Operating Income Drop: The company’s operating income for the fourth quarter was $17.5 million, significantly down from $38.3 million in the same period last year, with the operating margin declining from 8.2% to 4.5%, indicating pressures on cost control and efficiency improvements.
- Mixed Segment Performance: The contract logistics segment generated revenues of $268.6 million, a 12.6% year-over-year decline, while the intermodal segment reported an operating loss of $10.6 million, highlighting disparities in performance across different business lines that impact overall profitability.
- Dividend Declaration: The company declared a cash dividend of $0.105 per share, expected to be paid on April 3, 2026, demonstrating a commitment to shareholders despite the challenging financial performance.
See More
