WARREN,
Mich., April 5, 2023 /PRNewswire/ -- Universal
Logistics Holdings, Inc. (NASDAQ:ULH) was named a 2022 Supplier of
the Year by General Motors ("GM"). GM celebrated honorees at
its 31st annual Supplier of the Year event in
San Antonio, Texas, last week.
GM's Supplier of the Year award recognizes global suppliers that
distinguish themselves by exceeding GM's requirements, in turn
providing customers with innovative technologies and among the
highest quality in the automotive industry. This is the
2nd time Universal Logistics Holdings, Inc. has received
the award.
"It is a great honor to be chosen again as Supplier of the Year
by our valued partner General Motors," said Tim Phillips, Universal's President and Chief
Executive Officer. "Our transportation and logistics team's
customer centric mindset continues to add value to our customers'
supply chains. This award is a testament to our team's dedication
and around the clock efforts to support General Motors."
"We are thrilled to recognize these outstanding suppliers after
yet another challenging year in the automotive industry," said
Jeff Morrison, GM Vice President of
Global Purchasing and Supply Chain. "They overcame countless
obstacles and exemplified what it means to be resilient,
resourceful and determined. Beyond that, these suppliers
demonstrated their commitment to sustainable innovation and to
driving advanced solutions in collaboration with the GM team."
Each year, GM's Supplier of the Year recipients are selected by
a global, cross-functional GM team for their performance in
criteria such Product Purchasing, Global Purchasing and
Manufacturing Services, Customer Care and Aftersales and
Logistics.
About Universal:
Universal Logistics Holdings, Inc. ("Universal") is a holding
company that owns subsidiaries engaged in providing a variety of
customized transportation and logistics solutions throughout
the United States, and in
Mexico, Canada and Colombia. Our operating
subsidiaries provide customers with supply chain solutions that can
be scaled to meet their changing demands and volumes. Universal's
consolidated subsidiaries offer customers a broad array of services
across the entire supply chain, including truckload, brokerage,
intermodal, dedicated, and value-added services. In this press
release, the terms "us," "we," "our," or the "Company" refer to
Universal and its consolidated subsidiaries. More information
on the company can be found at
https://www.universallogistics.com.
About General Motors:
General Motors (NYSE:GM) is a global company focused on
advancing an all-electric future that is inclusive and accessible
to all. At the heart of this strategy is the Ultium battery
platform, which will power everything from mass-market to
high-performance vehicles. General Motors, its subsidiaries and its
joint venture entities sell vehicles under
the Chevrolet, Buick, GMC, Cadillac,
Baojun and Wuling brands. More information on the
company and its subsidiaries, including OnStar, a global
leader in vehicle safety and security services, can be found
at https://www.gm.com.
Forward Looking Statements
Some of the statements contained in this press release might
be considered forward-looking statements. These statements identify
prospective information. Forward-looking statements can be
identified by words such as: "expect," "anticipate," "intend,"
"plan," "goal," "seek," "believe," "targets," "project,"
"estimate," "future," "likely," "may," "should" and similar
references to future periods. Forward-looking statements are based
on information available at the time and/or management's good faith
belief with respect to future events, and are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in the statements. Examples
of forward-looking statements include, among others, statements we
make regarding guidance relating to income from operations, total
operating revenues, and earnings per diluted share. These
forward-looking statements are subject to a number of factors that
may cause actual results to differ materially from the expectations
described. Additional information about the factors that may
adversely affect these forward-looking statements is contained in
the Company's reports and filings with the Securities and Exchange
Commission. The Company assumes no obligation to update
forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors affecting forward-looking
information except to the extent required by applicable securities
laws.
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SOURCE Universal Logistics Holdings, Inc.