Unique Logistics International Adds AutoZone Inc. As New Customer
Unique Logistics International (OTCMKTS: UNQL) has secured a 12-month ocean freight contract with AutoZone Inc. (NYSE: AZO), marking a significant new partnership. The agreement facilitates transport and logistics from the Asia-Pacific region to North America until May 2022. CEO Sunandan Ray expressed enthusiasm about expanding relationships in the automotive sector, citing the importance of automotive parts delivery given the high volume of imports to the U.S. annually. This partnership is expected to leverage Unique Logistics' established capabilities in Asian manufacturing regions.
- Secured a 12-month contract with AutoZone Inc., enhancing growth opportunities.
- Strengthens Unique Logistics' position in the automotive sector, focusing on crucial parts delivery.
- Leverages recognized capabilities in key Asian manufacturing regions to support U.S. imports.
- None.
NEW YORK, May 27, 2021 /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 AutoZone Inc. (NYSE: AZO), a new customer for the Company.
Under the terms of the agreement, the Company will serve as an ocean transport and logistics provider for AutoZone Inc. from the Asia-Pacific region to North America through May 2022.
"This agreement represents an exciting new partnership for Unique Logistics as we grow and deepen our relationships in the automotive sector," said Sunandan Ray, Chief Executive Officer of Unique Logistics. "We view automotive parts delivery as a significant focus for the Company due to the volume of products imported into the U.S. annually and our recognized capabilities within these key Asian manufacturing regions. We look forward to working with AutoZone over the coming year."
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.
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