UTi Worldwide
Long Beach, CA
NASDAQ:  UTIW
Roger MacFarlane, CEO
562-552-9400
www.go2uti.com

3PL Turnover:

$4.4b

Service Area:

Tier 1 – Global Supply Chain Manager – Freight Forwarding

3PL Assets:

21,287 employees
266 warehouses
1,477 tractors, 1,990 trailers

Information Systems:

Good
TMS – Proprietary--eMpower, i2 Technologies
WMS – Proprietary--eMpower

Services:

Air and ocean freight forwarding, customs brokerage, warehousing and distribution

Industry Focus/Key Customers:

Apparel, automotive, chemicals, computers and electronics, consumer goods, retail
Key Customers:  Adidas, Case New Holland, Dow Corning, Estee Lauder, General Motors, Home Depot, International Paper, Wal-Mart

Armstrong & Associates’ Evaluation:

UTi net revenues increased 22% last year through acquisitions and organic growth. UTi’s contract logistics operations are now 36% of net revenues. UTi’s purchase of Standard Corporation is still the most successful contract logistics acquisition we have seen. UTi contract logistics has strong operations in Asia and a major drug distribution operation in South Africa. Airfreight forwarding, ocean forwarding and customs are the other major functions. UTi does very well in British Commonwealth countries. CEO Roger MacFarlane has been masterful at moving UTi forward rapidly using a tight core of executives.