UTi Worldwide

By Jeff Berman · January 22, 2016
Sale of California-based 3PL services provider to Denmark-based global 3PL completed for $1.35 billion.
By Jeff Berman · January 22, 2016
The sale of Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide to Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share is now official, UTi and DSV officials said today. This follows an October announcement from UTi in which it said it had entered into a definitive agreement to be acquired by DSV.
By Jeff Berman · October 9, 2015
More than nine months after saying it was not for sale, Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide has apparently changed its tune, with the company saying it has entered into a definitive agreement to be acquired by Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share.
By LM Staff · December 4, 2014
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) issued a statement yesterday shooting down speculation that it will be acquired by DSV A/S, a Denmark-based global supplier of transport and logistics services.
By MMH Staff · May 30, 2014
Hammond bring 30 years of experience in freight forwarding and contract logistics, worked for UPS and Emery Worldwide.
By Jeff Berman · October 4, 2013
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) recently said it is now providing warehousing capabilities for shippers that require warehousing and distribution without having their own distribution facility.
By Jeff Berman · May 24, 2011
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”
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From the August 2016 Issue
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