09/10/2015at 09:04

DSV acquires UTi Worldwide for USD 1.35 billion

DSV will acquire US-based transport group UTi Worldwide for USD 1.35 billion, says the company in a statement.

BY JOHANNES HARTKOPF-MIKKELSEN

Danish logistics group DSV has agreed to acquire US-based transport group UTi Worldwide Inc.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

DSV CEO: Long road ahead for US growth business
DSV's former US acquisition candidate still losing money
For subscribers
DSV has more acquisitions on the drawing board
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Maersk has the stated goal of reaching net-zero emissions by 2040, which requires that ships sail on green alternatives to traditional bunker oil. | Foto: Marcus Brandt/AP/Ritzau Scanpix

Regulation

Maersk Oil Trading merged into new business unit for green energy

The oil trader will become part of a new climate unit at Maersk. All employees will keep their positions, but managerial changes are inbound.

For subscribers

Suppliers

Major bunker companies prepare for a future with biofuels on the shelves

Foto: Toby Melville/Reuters/Ritzau Scanpix

Container

Maersk to pay millions of dollar in damages to US furniture importer

For subscribers

Seafarers in Bremerhaven, Germany, during the coronavirus pandemic in 2021. | Foto: Sina Schuldt/AP/Ritzau Scanpix

Carriers

Lack of seafarers creates growth issues in commercial shipping

For subscribers

Suppliers

Monjasa emitted more CO2 last year after sales progression

For subscribers

Logistics

Scan Global enters Kenyan market

For subscribers

Maersk Oil Trading merged into new business unit for green energy

The oil trader will become part of a new climate unit at Maersk. All employees will keep their positions, but managerial changes are inbound.

For subscribers

Container

Maersk to pay millions of dollar in damages to US furniture importer

The shipping group is forced to pay a USD 9.8m fine as a subsidiary refused to fulfill contractual obligations to a furniture importer during the chaos of the pandemic.

For subscribers

Suppliers

Major bunker companies prepare for a future with biofuels on the shelves

Oil groups Bunker Holding and Monjasa are currently taking steps to accommodate a future with highly increased demand for green ship fuels.

Jobs

See all jobs

DSV acquires UTi Worldwide for USD 1.35 billion

Read the whole article

With your free trial you get:

Get full access for you and your coworkers

Share article

Related articles:

DSV CEO: Long road ahead for US growth business

DSV's former US acquisition candidate still losing money

DSV has more acquisitions on the drawing board

Sign up for our newsletter

Front page now

Maersk Oil Trading merged into new business unit for green energy

Major bunker companies prepare for a future with biofuels on the shelves

Maersk to pay millions of dollar in damages to US furniture importer

Lack of seafarers creates growth issues in commercial shipping

Monjasa emitted more CO2 last year after sales progression

Scan Global enters Kenyan market

Further reading

Maersk Oil Trading merged into new business unit for green energy

Maersk to pay millions of dollar in damages to US furniture importer

Major bunker companies prepare for a future with biofuels on the shelves

Jobs