uti

Business

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, 2014
Business

UTi Loss Widens, CEO Kirchner Quits

Zef Nikolla/Nasdaq

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.

Transport Topics
December 9, 2014
Business

UTi Halts Sale Talks After Stock Surges

UTi Worldwide Inc.

UTi Worldwide Inc. and DSV A/S have ended talks after news of DSV’s potential acquisition sent UTi’s shares surging.

Bloomberg News
December 4, 2014
Business

UTi Denies Reported Talks of Advanced Sale

UTi Worldwide Inc.

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.

Bloomberg News
December 3, 2014
Business

Quality’s Third-Quarter Profit Rises

Quality Distribution Inc.

Quality Distribution Inc. reported third-quarter profit increased on growth in its chemical business.

Transport Topics
November 6, 2014
Business

Quality Reports 2Q Profit

Quality Distribution Inc.

Quality Distribution Inc. reported a second-quarter profit after a loss a year ago stemming from a charge at its logistics segment.

Transport Topics
August 7, 2014
Business

UTi Worldwide Loss Rises to $43.2 Million

UTi Worldwide Inc

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.

Transport Topics
June 5, 2014
Business

Quality Distribution’s First-Quarter Income Declines

Norseman/Hank's Truck Forum

Quality Distribution Inc. reported its first-quarter net income declined in part on severe weather conditions.

Transport Topics
May 5, 2014
Business

UTi Worldwide Loss Narrows to $50.7 Million

UTi Worldwide Inc.

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.

Transport Topics
April 3, 2014
Special Coverage, Business

Utility 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.

Transport Topics
March 24, 2014

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