UTi’s Fiscal 3rd Quarter Losses Mount
UTi Worldwide Inc. last week reported a quarterly loss that more than tripled to $34 million, or 35 cents per share, in the wake of the abrupt departure of CEO Eric Kirchner and acquisition talks that were canceled.
December 15, 2014UTi Loss Widens, CEO Kirchner Quits
UTi Worldwide Inc. reported a quarterly loss that more than tripled to $34 million, or 35 cents per share as well as the abrupt departure of CEO Eric Kirchner.
December 9, 2014UTi Halts Sale Talks After Stock Surges
UTi Worldwide Inc. and DSV A/S have ended talks after news of DSV’s potential acquisition sent UTi’s shares surging.
December 4, 2014UTi Denies Reported Talks of Advanced Sale
UTi Worldwide Inc., the U.S. logistics firm whose biggest shareholder is hedge fund P2 Capital Partners, has denied a report by Bloomberg News that it is in advanced talks to sell itself to DSV A/S, the Nordic region’s biggest trucking company.
December 3, 2014Quality’s Third-Quarter Profit Rises
Quality Distribution Inc. reported third-quarter profit increased on growth in its chemical business.
November 6, 2014Quality Reports 2Q Profit
Quality Distribution Inc. reported a second-quarter profit after a loss a year ago stemming from a charge at its logistics segment.
August 7, 2014UTi Worldwide Loss Rises to $43.2 Million
UTi Worldwide Inc. reported its first-quarter fiscal loss increased to $43.2 million, or 43 cents per share, from $12.4 million, or 12 cents per share, the prior year.
June 5, 2014Quality Distribution’s First-Quarter Income Declines
Quality Distribution Inc. reported its first-quarter net income declined in part on severe weather conditions.
May 5, 2014UTi Worldwide Loss Narrows to $50.7 Million
UTi Worldwide Inc. reported its fourth-quarter loss narrowed to $50.7 million, or 48 cents per share, from $142.8 million, or $1.38 per share.
April 3, 2014Utility Trailer Showcases Special Legacy Museum
Utility Trailer Manufacturing Co. said its special edition Legacy Museum trailer is being featured at this year’s Mid-America Trucking Show.
March 24, 2014