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Universal Logistics Holdings, Inc. (ULH) CEO Tim Phillips on Q1 2021 Results - Earnings Call Transcript

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Universal Logistics Holdings, Inc. (NASDAQ:ULH) Q1 2021 Earnings Conference Call April 30, 2021 10:00 AM ET

Company Participants

Tim Phillips - CEO, President & Director

Jude Beres - CFO & Treasurer

Conference Call Participants

Christian Wetherbee - Citigroup

Bruce Chan - Stifel


Hello, and welcome to the Universal Logistics Holdings First Quarter 2021 Earnings conference call. [Operator Instructions]. During the course of this call, management may make forward-looking statements based on their best view of the business as seen today. Statements that are forward-looking relate to Universal's business objectives or expectations and can be identified by the use of the words such as belief, expect, anticipate and project. Such statements are subject to risks and uncertainties, and actual results could differ materially from those expectations.

As a reminder, this conference is being recorded. It is now my pleasure to introduce your host Mr. Tim Phillips, Chief Executive Officer, Mr. Jude Beres, Chief Financial Officer and Mr. Steven Fitzpatrick, Vice President of Finance and Investor Relations. Thank you, Mr. Phillips, you may begin, sir.

Tim Phillips

Good morning, and thank you for joining Universal Logistics Holdings First Quarter Earnings call. I want to start off by congratulating the dedicated professionals of the team Universal who together made this quarter such a success. We developed a strategic plan that would be both versatile for the ever-changing logistics environment and aggressive enough to achieve the results our shareholders expect.

I believe the strong results we reported in the first quarter of the year demonstrate our plan is executable, even in an environment sparred with weather disruptions, parts shortages and the ever-present hiring challenge of the transportation and logistics space. While we believe technology will play a role in furthering our success, our continued ability to attract and retain professional truck drivers, warehouse workers and office personnel will

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