UTi Worldwide to Lay Off 96 More Employees After Merger
UTi Worldwide, a global logistics company bought earlier this year by a Danish competitor, is laying off 96 employees from its downtown Portland office.
November 17, 2016Utility Trailer Opens Arizona Location
Utility Trailer Manufacturing Co. opened a new full-service dealer location in Tolleson, Arizona.
October 13, 2016Utility Announces New Composite Dry Van Option
Utility Trailer Manufacturing Co. introduced a new dry van trailer option, the 4000D-X Composite TBR, or tall bottom rail.
September 30, 2016UTi Worldwide to Cut 200 Jobs; XPO May Hire Them
UTi Worldwide will be laying off 200 employees when its contract with Sealed Air ends on Jan. 15, 2017, according to a letter sent to Wisconsin Department of Workforce Development.
September 23, 2016Poll Shows Majority of Americans Think Vehicles Contribute to Air Pollution
More than three-quarters of Americans said they think cars and trucks are contributing factors to air pollution, according to a poll by the Natural Resources Defense Council published Aug. 4.
August 5, 2016North Central Utility Breaks Ground on Minnesota Dealership
North Central Utility has broken ground on a dealership in Mankato, Minnesota.
June 30, 2016Judge Orders Former Owner of Oasis Capital to Pay $96,000 in Restitution
A federal judge in Los Angeles earlier this month ordered the owner of a notorious now-defunct fraudulent California firm that established trust funds for property brokers to pay $96,000 in restitution.
February 12, 2016DSV Completes Acquisition of UTi Worldwide
Danish supply chain manager and freight forwarder DSV Group said it has completed its acquisition of Long Beach, California-based forwarder UTi Worldwide for $1.35 billion.
January 28, 2016UTi Shareholders Approve Acquisition by DSV
Shareholders of UTi Worldwide Inc. overwhelmingly approved a $1.35 billion acquisition by Denmark’s DSV A/S, a move that is intended to broaden the buyer’s U.S. and overseas logistics capabilities.
January 15, 2016UTi Worldwide Loss Narrows in Fiscal 3Q
Logistics operator UTi Worldwide Inc. posted a slightly lower fiscal third-quarter loss of $32.7 million, or 34 cents per share, as ocean freight forwarding results weakened further at the company that has agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company.
December 11, 2015