UTi Worldwide Inc, a global supply chain services and solutions provider, today announced it has entered into a definitive agreement to be acquired by DSV. DSV, headquartered in Denmark, is a global supplier of transport and logistics services with 530 offices and 130 logistics facilities in 75 countries. The transaction, which was unanimously approved by both UTi and DSV's Boards of Directors, is valued at approximately US$1.35 billion which represents a 34 per cent premium over the 30-day … [Read more...] about UTi Worldwide acquired by Denmark’s DSV
UTi Worldwide
UTi Worldwide acquired by Denmark's DSV
UTi Worldwide Inc, a global supply chain services and solutions provider, today announced it has entered into a definitive agreement to be acquired by DSV. DSV, headquartered in Denmark, is a global supplier of transport and logistics services with 530 offices and 130 logistics facilities in 75 countries. The transaction, which was unanimously approved by both UTi and DSV's Boards of Directors, is valued at approximately US$1.35 billion which represents a 34 per cent premium over the 30-day … [Read more...] about UTi Worldwide acquired by Denmark's DSV
UTi Worldwide expands presence in Malaysia
UTi Worldwide Inc. has expanded its freight forwarding footprint in Malaysia by opening new facilities in Port Klang and Kuantan. UTi combined its former offices in Kuala Lumpur and Port Klang into a new facility boasting the latest technology. "Our growth in footprint and investment in this new facility in Port Klang and our new office in Kuantan reflect the momentum that our business in Malaysia has seen over the last two years. Some of this is coming from our strategic interest in … [Read more...] about UTi Worldwide expands presence in Malaysia
UTi receives IATA’s CEIV pharma certification
UTi Worldwide Inc. has achieved CEIV Pharma certification in the comprehensive IATA training and pharmaceutical freight certification programme, the Center of Excellence for Independent Validators (CEIV), at Brussels Airport. "With this certification, UTi provides clients a competitive advantage in assuring cold chain integrity beyond the Good Distribution Practices (GDP) to which the rest of the air freight industry adheres," said Phil Abbate, UTi global vice president, Pharmaceutical … [Read more...] about UTi receives IATA’s CEIV pharma certification
UTi receives IATA's CEIV pharma certification
UTi Worldwide Inc. has achieved CEIV Pharma certification in the comprehensive IATA training and pharmaceutical freight certification programme, the Center of Excellence for Independent Validators (CEIV), at Brussels Airport. "With this certification, UTi provides clients a competitive advantage in assuring cold chain integrity beyond the Good Distribution Practices (GDP) to which the rest of the air freight industry adheres," said Phil Abbate, UTi global vice president, Pharmaceutical … [Read more...] about UTi receives IATA's CEIV pharma certification
UTi partners with Changjiu in automotive logistics
UTi Worldwide set up a strategic partnership with Beijing Changjiu Logistics to serve the logistics requirements of global automotive original equipment manufacturers and suppliers in China’s booming automotive market. Beijing Changjiu Logistics is a privately held company and one of the largest independent automotive logistics companies in China with annual revenue of US$500 million. “Changjiu Logistics is a pioneer in finished vehicle transportation and warehousing in … [Read more...] about UTi partners with Changjiu in automotive logistics
