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    1. UPDATE 2- UTi Worldwide says to cut several senior positions

      Headlines

      Tue, 27 Jan 2015

      Jan 27 (Reuters) - Troubled logistics company UTi Worldwide Inc said it would cut several senior positions and no longer maintain regional infrastructure as a way to reduce costs, just a month after Edward Feitzinger took over as chief executive.

    2. UTi Worldwide says to cut several top jobs

      Headlines

      Tue, 27 Jan 2015

      Jan 27 (Reuters) - Logistics company UTi Worldwide Inc said it would cut several top jobs and no longer maintain regional infrastructure as a way to reduce costs.

    3. UTi Worldwide recovery hits new snag with CEO departure

      Headlines

      Tue, 9 Dec 2014

      Dec 9 (Reuters) - Logistics services provider UTi Worldwide Inc faces a fresh snag in its attempt to return to growth with the sudden resignation of its chief executive on Monday.

    4. Restructuring Distractions Linger in UTi's Fiscal 3Q

      Commentary

      Tue, 9 Dec 2014

      UTi Worldwide's fiscal 2015 third-quarter top-line trend fell short of our ..... productivity. Since underlying industry demand appears healthy, we still expect UTi to see modest tonnage improvement in the year ahead as distractions from its

    5. UTi Worldwide Dispels Rumors of Acquisition by DSV

      Commentary

      Thu, 4 Dec 2014

      was in talks to acquire U.S.-based global forwarder UTi Worldwide. DSV ranks among the 10 largest global forwarders and is fairly acquisitive. UTi subsequently issued a press release commenting that "exploratory

    6. UTi Worldwide Rumored to be Discussing a Sale to DSV

      Commentary

      Wed, 3 Dec 2014

      acquire U.S.-based global forwarder UTi Worldwide. Details were limited, but ..... We were not under the impression that UTi was for sale. That said, the firm ..... in a fragmented market. Recall that UTi has been working through a long-running

    7. Forwarders Finally See Airfreight Gain Altitude

      Headlines

      Fri, 21 Nov 2014

      positioned to take market share. While UTi Worldwide UTIW has potential, it needs ..... of gross revenue for Expeditors and UTi Worldwide, respectively. We use IATA ..... where forwarders like Expeditors and UTi Worldwide conduct most of their business

    8. Dropping Coverage of Patterson- UTI Energy

      Commentary

      Tue, 12 Aug 2014

      We are dropping analyst coverage of Patterson- UTI . We provide broad coverage of more than 1,500 companies across more than 90 industry groups and adjust our coverage as necessary based on client demand and investor interest.

    9. Horizontal Drilling Induces Higher Rig Utilization; Patterson's Frac Horsepower Orders Surge in 2Q

      Commentary

      Mon, 28 Jul 2014

      Patterson- UTI reported second-quarter net income of $53 million, a 33% increase compared with last year, led by strong performance in the

    10. UTi's Fiscal First-Quarter Results Reflect Continued Noise from Restructuring Efforts

      Commentary

      Thu, 5 Jun 2014

      UTi Worldwide’s fiscal 2015 first-quarter top-line growth came in below our ..... associated with the long-running freight-forwarding system rollout. This year, UTi also has higher amortization expenses linked to previously capitalized IT costs

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