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UTi Worldwide Aligns Organization to Get Closer to Clients

2015-02-10 11:38:41| Logistics - Topix.net

UTi Worldwide Inc. , a global supply chain services and solutions provider, has organized its corporate and freight forwarding operating structure to better align with the company's client-centric strategy. As outlined in the company's 8-K filing on January 27, the resulting organization empowers local teams to make decisions faster in response to dynamic client and market needs.

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UTi Worldwide says to cut several top jobs

2015-01-28 01:33:05| Logistics - Topix.net

Logistics company UTi Worldwide Inc said it would cut several top jobs and no longer maintain regional infrastructure as a way to reduce costs. The restructuring will result in $30 million to $40 million in annual savings, UTi said.

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UTi Worldwide Teams With Changjiu Logistics in China

2014-12-23 17:39:39| Logistics - Topix.net

UTi Worldwide Inc., a global provider of supply-chain services, has entered into a strategic partnership with Beijing Changjiu Logistics Co., Ltd., to serve the logistics requirements of original equipment manufacturers and suppliers in China's automotive market. A privately held company, Beijing Changjiu is the largest independent automotive logistics company in China, with annual revenue of $500m, according to UTi.

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Response to Bloomberg Article about UTi Worldwide and DSV a/S

2014-12-19 00:49:48| Logistics - Topix.net

Although UTi can confirm that exploratory conversations have taken place between the companies, in response to an inquiry from DSV A/S, those discussions never progressed beyond a preliminary stage. Currently there are no discussions taking place between the companies.

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UTI Worldwide (UTIW) Downgraded From Hold to Sell

2014-12-18 18:35:14| Logistics - Topix.net

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. TheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock.

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