UTi Worldwide says it saw “pockets of strength” in its air freight forwarding segment’s fiscal fourth quarter, contributing to a slight volume increase year-over-year, although that was not enough to offset a challenging pricing environment and softness in the global economy.
30 Sep 2013
UTi Worldwide has begun offering expanded warehousing capabilities for companies requiring warehousing and distribution without the need for a dedicated facility.
06 Sep 2013
UTi Worldwide reported a net loss of $4.4 million in the second quarter of fiscal year 2014, ending July 31, 2013, compared with a net profit of $18.9 million in the same period last year.
14 Aug 2013
UTi Worldwide has opened its new London operations in Heathrow in the U.K.
16 Jul 2013
UTi Worldwide believes its targeted cost savings of $75 million to $95 million are “highly achievable,” as it can control them regardless of freight market activity....
06 Jun 2013
UTi Worldwide today reported a net loss of $12.4 million in the first quarter of fiscal year 2014, ending April 30, 2013, compared with a net income of $12.9 million in the same period in the previous year.
25 Apr 2013
UTi Worldwide has opened a logistics center in New Taipei City, Taiwan.
23 Apr 2013
UTi Worldwide has increased the size of its board from seven to nine members and has appointed Josh Paulson to the board for a term that expires in 2015.