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, 2016Business, Logistics
Utility Trailer Opens Arizona Location
Utility Trailer Manufacturing Co. opened a new full-service dealer location in Tolleson, Arizona.
October 13, 2016Business
Utility 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, 2016Business
UTi 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, 2016Business
Poll 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, 2016Business, Logistics
North Central Utility Breaks Ground on Minnesota Dealership
North Central Utility has broken ground on a dealership in Mankato, Minnesota.
June 30, 2016Government, 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.
February 12, 2016Business
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.
January 28, 2016Business
UTi 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, 2016Business
UTi 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