#United States #Phoenix #General Motors #Universal Logistics #Supplier of the Year

Universal Logistics Holdings Recognized by GM as Supplier of the Year

In a remarkable achievement, Universal Logistics Holdings, Inc. (NASDAQ: ULH) has been named the 2024 Supplier of the Year by General Motors (GM). The award was announced during GM's 33rd annual Supplier of the Year event held in Phoenix, Arizona, where suppliers from around the globe were recognized for their exceptional performance.

The Supplier of the Year awards by GM celebrate the outstanding execution of suppliers in various critical categories, including safety, innovation, and resilience. A cross-functional global team at GM evaluates these suppliers not only based on their performance during the year but also by their alignment with GM's core values and ambitious goals. Universal Logistics was lauded for its consistent ability to meet and exceed expectations, reflecting a dedicated partnership approach that the company has cultivated over the years.

Tim Phillips, President and CEO of Universal Logistics, expressed pride in the recognition, stating, "We are incredibly proud to receive this prestigious award. It reflects the collaborative spirit we share with our customers and our dedication to being more than just a supplier – we strive to be a trusted partner in their supply chain." This sentiment captures Universal's commitment to not just providing logistics solutions, but also fostering strong relationships with its clients.

For over 30 years, GM has recognized the top global suppliers at its annual award ceremony, showcasing their innovation and resilience in the face of challenging circumstances. Jeff Morrison, GM's Global Chief Procurement Officer, emphasized the importance of these relationships, noting, "Together, we're helping bring advanced technology and the industry's broadest portfolio of vehicles to market for GM customers." Such acknowledgments underline the significance of supplier partnerships in the automotive industry's evolution, especially amidst the shifts towards more efficient and environmentally friendly vehicles.

About Universal Logistics Holdings

Universal Logistics Holdings, Inc. is a multifaceted holding company with subsidiaries that offer a wide range of customized transportation and logistics solutions across the United States and internationally, including Mexico, Canada, and Colombia. Its operational capabilities include providing scalable supply chain solutions tailored to customers' dynamic requirements. Offering a diverse array of services, Universal Logistics ensures comprehensive support across the entire supply chain, covering aspects like value-added services, dedicated logistics, intermodal transport, and trucking services.

About General Motors

General Motors (NYSE: GM) is on a mission to reshape the future of transportation. By leveraging advanced technology, GM aims to manufacture cars, trucks, and SUVs that are not just smarter and safer, but also lower in emissions. Their lineup includes renowned brands like Buick, Cadillac, Chevrolet, and GMC, showcasing a portfolio of innovative gasoline-powered vehicles and a broad range of electric vehicles as the company transitions to an all-electric future. GM's commitment to sustainability and innovation is evident through their efforts to bring advanced technology solutions to the marketplace, enhancing the driving experience for customers.

In conclusion, the recognition from General Motors serves as a testament to Universal Logistics Holdings' unwavering commitment to excellence in logistics and supply chain management. It highlights the importance of collaboration between manufacturers and suppliers, paving the way for future advancements in the automotive industry. As both companies continue to innovate, their partnership will surely contribute significantly to achieving ambitious goals in the years to come.