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UTi’s New LCL Pharma Offering Sets Sail

Unveiled in October October at the Port2Port Cold Chain Forum in Tel Aviv, where it won the conference's innovation award, UTi Worldwide Inc. has launched a new temperature-controlled partial shipping service for the pharmaceutical industry, the first to connect Belgium and Israel. UTi's "LCL Pharma" service provides a cost-effective alternative to airfreight for pharmaceuticals and other healthcare-related, temperature-sensitive products. It allows clients to make Less than Container Load (LCL) shipments without compromising ... [+]

DSV buys UTi

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 its ... [+]

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