The rollout of UTi Worldwide’s new forwarding system, 1View, pressured the company’s fiscal first quarter results, according to CEO Eric Kirchner
09 Apr 2014
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.