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TCA

UTi Worldwide to Lay Off 96 More Employees After Merger

UTi Worldwide

UTi Worldwide, a global logistics company bought earlier this year by a Danish competitor, is laying off 96 employees from its downtown Portland office.

Jeff Manning | The Oregonian (Portland, Ore.)
November 17, 2016
Business, Logistics

Utility Trailer Opens Arizona Location

Utility Trailer Manufacturing Co.

Utility Trailer Manufacturing Co. opened a new full-service dealer location in Tolleson, Arizona.

Transport Topics
October 13, 2016
Business

Utility Announces New Composite Dry Van Option

Utility Trailer Manufacturing Co.

Utility Trailer Manufacturing Co. introduced a new dry van trailer option, the 4000D-X Composite TBR, or tall bottom rail.

Transport Topics
September 30, 2016
Business

UTi Worldwide to Cut 200 Jobs; XPO May Hire Them

UTi Worldwide Inc.

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.

Transport Topics
September 23, 2016
Business

Poll Shows Majority of Americans Think Vehicles Contribute to Air Pollution

Patrick T. Fallon/Bloomberg News

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.

Transport Topics
August 5, 2016
Business, Logistics

North Central Utility Breaks Ground on Minnesota Dealership

Badger Utility

North Central Utility has broken ground on a dealership in Mankato, Minnesota.

Transport Topics
June 30, 2016
Government, Business

Judge 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.

Eric Miller | Staff Reporter
February 12, 2016
Business

DSV 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.

Transport Topics
January 28, 2016
Business

UTi Shareholders Approve Acquisition by DSV

UTI Worldwide Inc.

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.

Transport Topics
January 15, 2016
Business

UTi Worldwide Loss Narrows in Fiscal 3Q

UTi Worldwide

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.

Transport Topics
December 11, 2015

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