NEW
YORK, June 16, 2022 /PRNewswire/ -- Unique
Logistics International, Inc. (OTCMKTS: UNQL) ("Unique" or the
"Company"), a global logistics and freight forwarding company,
today announced a 12-month ocean freight contract with The
Kroger Company (NYSE: KR), a new customer for
the Company.
Under the terms of the agreement, the Company will serve as an
ocean transport and logistics provider for The Kroger
Company from the Asia-Pacific region to North America through
April 2023.
"This is an exciting new partnership for Unique Logistics.
Kroger is a leading name in supermarket retail with over
$137 billion in annual sales, 45
distribution centers, and 2,726 supermarkets & multi-department
stores. The company has been operating for over 100 years and its
unique logistics needs include fresh and non-perishable food, fuel
and prescription medication,"
said Sunandan Ray, Chief Executive Officer of
Unique Logistics. "Serving the retail industry is our Company's
strength and our team looks forward to working with Kroger to solve
problems and provide innovative solutions to strengthen Kroger's
supply chain performance."
ABOUT UNIQUE
LOGISTICS INTERNATIONAL, INC.
Unique Logistics International, Inc. (OTCMKTS: UNQL) through its
wholly owned operating subsidiaries, is a global logistics and
freight forwarding company providing a range of international
logistics services that enable its customers to outsource to the
Company sections of their supply chain process. The services
provided are seamlessly managed by its network of trained
employees and integrated information systems. We enable our
customers to share data regarding their international vendors and
purchase orders with us,
execute the flow of goods and information under their operating
instructions, provide visibility to the flow of goods
from factory to distribution center or store and when required,
update their inventory records.
CAUTIONARY NOTE REGARDING FORWARD
LOOKING STATEMENTS
This news release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, as amended, regarding,
among other things our plans, strategies and prospects -- both
business and financial. While we believe
that our plans, intentions and expectations reflected
in or suggested
by these forward-looking statements are reasonable, we cannot assure you
that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to
risks, uncertainties and assumptions. Many of the forward-looking
statements contained in this news release may be identified by the
use of forward-looking words such as "believe," "expect,"
"anticipate," "should," "planned," "will," "may," "intend,"
"estimated," and "potential," among others. Important factors that
could cause actual results
to differ materially from the forward-looking statements we make in this
news
release include market conditions and those set forth in reports or documents that we
file from time to time with the United States Securities and
Exchange Commission. All forward-looking statements attributable to
Unique Logistics International, Inc. or a person acting on its
behalf are expressly qualified in their entirety by this cautionary
language.
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SOURCE Unique Logistics International, Inc.