UNIVERSAL LOGISTICS HOLDINGS, INC.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) is a holding company providing customized transportation and logistics solutions across North America and select international markets through its operating subsidiaries. The company's website is www.universallogistics.com.

Universal operates an integrated portfolio of transportation and logistics services designed to support customers throughout their supply chains, serving primarily the automotive, industrial, retail, consumer goods, energy, and metals sectors. The company conducts operations throughout the United States and in Mexico and Canada, providing both domestic and cross-border logistics solutions.

The company operates three reportable segments. The Contract Logistics segment provides value-added and dedicated transportation services to support inbound and internal logistics requirements of industrial manufacturers and major retailers, generally under contractual arrangements of one year or longer. Services include material handling, consolidation, sequencing, sub-assembly, cross-dock operations, kitting, repacking, warehousing, and rail lift services. The Intermodal segment provides local and regional drayage services coordinated through company-managed terminals, utilizing owner-operators, company-owned equipment, and third-party capacity providers to move international and domestic containers between ports or railheads and customer facilities. The Trucking segment includes dry van, flatbed, heavy-haul, and refrigerated operations transporting a broad range of commodities.

As of December 31, 2025, Universal operated approximately 48 company-managed terminal locations, supported 78 active value-added logistics programs, and maintained an agent network of approximately 131 agents. The company employed approximately 10,525 employees, with approximately 37 percent represented by labor unions under collective bargaining agreements. Universal's revenue equipment consisted of approximately 3,589 tractors, 5,264 trailers, 3,570 chassis, and 94 containers, supplemented by owner-operator provided equipment.

The company's customer base is concentrated in key industries, with automotive customers representing approximately 45 percent of total revenues. General Motors represented approximately 25 percent of revenues, while the top ten customers accounted for approximately 59 percent of revenues. Universal markets its services through a direct sales organization focused on large customers, company-managed facilities and terminals, and a nationwide network of independent agents.