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UTi Worldwide Agrees to $1.35 Billion Acquisition by DSV

2015-10-09 16:29:12| Logistics - Topix.net

Logistics operator UTi Worldwide Inc. agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company that marks the latest consolidation in that industry. The acquisition of the U.S. company, which has struggled to reverse recent losses through a restructuring, follows logistics-related transactions this year involving XPO Logistics, FedEx Corp., UPS Inc., Echo Global Logistics and overseas.

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Category:Transportation and Logistics

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