Universal Logistics
Warren, Michigan, United States · Fleet Management, Logistics, Oil And Gas
Universal Logistics, Inc. is a privately held company specializing in time-sensitive domestic and international air and ocean freight. Founded in 1999, it services a diversified account base, primarily for the oilfield services and HVAC industries. Universal has operated under the Company's Airgroup brand since 2001. The company is expected to transition to the Radiant brand in 2025.
Key facts
- Headquarters
- Warren, Michigan, United States
- Employees
- 10,821
- Industries
- Fleet Management, Logistics, Oil And Gas
- Status
- Public (ULH)
- Website
- www.universallogistics.com
- Company page
Recent activity at Universal Logistics
- : SEC 8-K (7.01): On October 29, 2026, Universal Logistics Holdings, Inc. announced through a press release that its board of directors declared a cash dividend of $0.105 per share of common stock. The dividend will be payable on January 6, 2027, to shareholders of record on December 1, 2026. This decision reflects the company's ongoing commitment to returning value to its shareholders. The announcement could indicate positive financial health or signify a strategic initiative to reinforce investor confidence amidst market conditions.
- : SEC 8-K (1.01): On September 29, 2026, Universal Logistics Holdings, Inc. and its subsidiaries executed a Fourth Amendment Agreement with KeyBank National Association, which serves as the administrative agent, along with other participating lenders. This amendment modifies the existing Credit and Security Agreement, originally signed on November 27, 2018, by extending the maturity date from September 30, 2027, to September 30, 2029. Additionally, it reduces the aggregate revolving commitments from $500 million to $350 million while allowing potential increases of up to $150 million under specified conditions. This strategic change is expected to provide the company with improved financial flexibility and an adjusted framework for interest-rate margins based on leverage.
- : SEC 8-K (7.01): On July 31, 2026, the Company announced through a press release that the board of directors declared a cash dividend of $0.105 per share of common stock. This dividend is set to be payable on October 1, 2026, to shareholders who are on record as of September 1, 2026. The announcement reflects the company's commitment to returning value to shareholders, potentially enhancing shareholder sentiment and confidence in the company’s ongoing profitability. The press release can be found as Exhibit 99.1 attached to this filing.
- : SEC 8-K (1.01): On June 24, 2026, UTSI Finance, Inc., a subsidiary of Universal Logistics Holdings, Inc., entered into a Real Estate Purchase Agreement to sell a facility in Kearny, New Jersey to Lakeshore Ventures LLC for $38.0 million, subject to adjustments. The transaction also included a Membership Interest Purchase Agreement transferring all outstanding membership interests of Passaic Ventures LLC, which owns a facility in Newark, New Jersey, to UTSI. The agreements were approved by the disinterested members of the Company's Board of Directors, ensuring governance compliance. The agreements were executed and the transactions finalized on the same date, supporting the strategic growth and asset management of Universal Logistics Holdings.
- : SEC 8-K (5.02): On April 29, 2026, the Company entered into an Employment Agreement with Michael H. Rogers to serve as Chief Financial Officer and Treasurer, effective June 1, 2026. His annual base salary will start at $425,100, rising to $500,000 by June 2027, with eligibility for a minimum bonus of $300,000 in October 2026, contingent on continued employment. Additionally, he will receive restricted stock valued at approximately $127,500 vesting over four years. The same day, the Board appointed Michael A. Regan to the Audit Committee, confirming his independence and qualification as an audit committee financial expert.
- : Universal Logistics Holdings Appoints Michael Rogers as Chief Financial Officer
- : SEC 8-K (5.02):
- : SEC 8-K (7.01): On March 13, 2026, Universal Logistics Holdings, Inc. announced via a press release that its Board declared a cash dividend of $0.105 per share of common stock. This dividend is scheduled to be payable on April 3, 2026, to shareholders of record on March 23, 2026. The declaration of the dividend reflects the company's commitment to returning value to its shareholders amidst its ongoing operational strategies and growth initiatives. The announcement demonstrates the company's financial health and decision to provide ongoing returns to its investors.
- : SEC 8-K (4.02):
- : Universal Logistics Secures $195.9 Million in Credit Tenant Lease Financing
Universal Logistics funding history
| Date | Round | Amount |
|---|---|---|
| Oct 2025 | Debt Financing | $195.9M |
Leadership
- Jay Mason, Executive Vice President of Equipment Services & Maintenance Operations
- Stacey Dubak, Senior Recruiter
- Michael Rogers, Chief Financial Officer
- Tim Phillips, Chief Executive Officer
- Jude Beres, Chief Financial Officer
Verified email and direct lines for Universal Logistics’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Universal Logistics files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Universal Logistics in the news
- Universal Logistics Holdings, Inc. (ULH) Company Profile & Facts - Yahoo Finance - Yahoo! Finance Canada (Jun 13, 2017)
- Universal Logistics Holdings, Inc. Unveils Electric Vehicles into its Intermodal Fleet for Sustainable Logistics in Southern California - PR Newswire (Aug 02, 2024)
- Universal Logistics Holdings (Nasdaq:ULH) - Stock Analysis - Simply Wall St (Dec 01, 2017)
- Universal Appoints Tim Phillips as President and Chief Executive Officer - PR Newswire (Jan 13, 2020)
- Universal Logistics Holdings, Inc. Acquires Southern Counties Express, Inc. - PR Newswire (Aug 10, 2018)
- Universal Logistics Holdings Acquires Container Connection - PR Newswire (Dec 07, 2018)
- Universal Logistics Holdings, Inc. Acquires Fore Transportation, Inc. - PR Newswire (Feb 02, 2018)
- Universal Continues Its Acquisition Strategy, Acquiring Roadrunner Intermodal Services - PR Newswire (Nov 05, 2019)
Companies similar to Universal Logistics
- Werner Enterprises · Fleet Management, Logistics, Oil And Gas, Transportation
- Hub Group · Fleet Management, Logistics, Oil And Gas, Transportation
- Kirby Corporation · Fleet Management, Logistics, Oil And Gas, Transportation
- Schneider · Fleet Management, Logistics, Oil And Gas, Transportation
- Algoma Central Corporation · Fleet Management, Logistics, Oil And Gas, Transportation
About Universal Logistics: questions and answers
What does Universal Logistics do?
Universal Logistics, Inc. is a privately held company specializing in time-sensitive domestic and international air and ocean freight. Founded in 1999, it services a diversified account base, primarily for the oilfield services and HVAC industries. Universal has operated under the Company's Airgroup brand since 2001. The company is expected to transition to the Radiant brand in 2025.
Where is Universal Logistics headquartered?
Universal Logistics is headquartered in Warren, Michigan, United States.
How many employees does Universal Logistics have?
Universal Logistics has about 10,821 employees.
Has Universal Logistics raised funding?
Yes. Fundz has recorded 1 funding event for Universal Logistics. The most recent, Debt Financing of $195.9M, was in Oct 2025.
Who leads Universal Logistics?
Jay Mason is an Executive Vice President of Equipment Services & Maintenance Operations at Universal Logistics.
What is the latest news on Universal Logistics?
On Oct 29, 2026, SEC 8-K (7.01): On October 29, 2026, Universal Logistics Holdings, Inc. announced through a press release that its board of directors declared a cash dividend of $0.105 per share of common stock. The dividend will be payable on January 6, 2027, to shareholders of record on December 1, 2026. This dec
Is Universal Logistics a public company?
Yes. Universal Logistics is publicly traded under the ticker ULH.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy