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DSV Air and Sea in the US has completed the office and IT integration of the former UTi freight forwarding division and has added DSV Road USA and DSV Solutions USA divisions headed by presidents Jacques Retief and Michael, respectively.
President of DSV Air and Sea North America, Niels Larsen, described it as a milestone. DSV’s Air and Sea organisation in the US now has over 1,000 employees across 36 offices.
All ...
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Danish forwarder DSV has completed its acquisition of US-owned UTi, first announced in October last year. As previously announced, the deal was worth around US$1.35 billion.
California-headquartered UTi is described by DSV as “a global, asset-light supply chain services and logistics company” with estimated annual revenue of $3.5 billion, offering air, ...
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Danish forwarder DSV is to acquire US-owned Uti, for about US$1.35 billion, or $7.10 in cash per ordinary share. Talk in the market has been circulating for some time that Uti was looking for a buyer, with DSV named as the likely suitor.
DSV says the move will considerably strengthen ...
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US-based logistics company Uti has played down a report that it is being sold to Danish-based DSV. The Bloomberg news agency reported on 3 December that UTi is in "advanced talks to sell itself to DSV A/S".
The US firm said, however: “Although UTi can confirm that exploratory conversations have taken ...
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Supply chain and forwarding company UTi Worldwide has promoted Hessel Verhage to president, freight forwarding, the Americas and Keith Pienaar to president contract logistics and distribution. Verhage joined UTi last April as global vice president of trade and compliance and subsequently assumed the responsibility for the Americas ocean forwarding business. ...
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Supply chain specialist UTi Worldwide has opened a combined freight forwarding and contract logistics facility at Eastleigh, near Southampton, aimed at the cruise and maritime sector. The new 30,000sq ft facility is 30 minutes from Southampton Cruise Terminal and specialises in freight forwarding to all verticals including pharmaceutical, fashion, beauty, ...
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Global supply chain services and solutions company UTi Worldwide has opened a new global hub and freight forwarding hub for the energy sector in Houston. Located in Houston, Texas, close to Bush Intercontinental Airport the new TSA compliant facility, triple the size of its predecessor, includes best-in-class security technology, and ...
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Supply chain services and solutions company UTi has officially opened its new London operation at West Drayton near Heathrow. The 33,000 sq. ft. building has HD standard CCTV and security access controls, X-ray screening, bonded storage, including refrigerated capabilities. Dangerous goods safety advisors are on staff. The warehouse also has ...
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