NASDAQ OMX

UTi Introduces Multimodal Hubs for Faster Delivery

1.12.2015 14:00 | NASDAQ OMX

Del

LONG BEACH, Calif., 2015-12-01 14:00 CET (GLOBE NEWSWIRE) -- UTi Worldwide Inc. (Nasdaq:UTIW), a global supply chain services and solutions provider has introduced new multimodal hubs in Kuala Lumpur and Ho Chi Minh City to tackle the challenges of static air cargo capacity and service its Worldwide Gateways in Europe and the USA.

Using these consolidation hubs UTi can provide faster, more reliable transits for clients' goods and take advantage of excess, short haul air capacity while also benefiting from established road feeder routes it already has in place.

These hubs also allow UTi to roll out new routes to provide clients with seamless movement of cargo to UTi's European and American gateways. The three new routes are:

  • SMATAR Germany – Singapore Malaysia and Thailand Air Routing to Germany – for locations in Europe serviced by UTi's Frankfurt Gateway
  • SMATAR Amsterdam – Singapore Malaysia and Thailand Air Routing to Amsterdam – for locations in Europe serviced by UTi's Amsterdam Gateway
  • SMART-US – Safe Mekong Air Routing to the US – for freight from Vietnam and Cambodia to UTi's Chicago and Atlanta Gateways.

Mudasar Mohamed, UTi Worldwide's Managing Director for Singapore and Malaysia, said:

"Business in the ASEAN region continues to grow, while air cargo capacity from the area has remained static – resulting in an overflow of export cargo causing delays for clients, especially during peak seasons.

"In order to tackle these challenges, UTi Worldwide in South East Asia has been looking to develop new routes and multimodal freight options to create seamless movement for our clients' shipments.

"Our new routes will allow clients to benefit from improved transit times and the elimination of split shipments, as well as the knowledge that their goods are being delivered quicker, safer and more reliably all year round."

About UTi Worldwide

UTi Worldwide Inc. is an international, non-asset-based supply chain services and solutions company providing air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, truckload brokerage and other supply chain management services. The company serves a large and diverse base of global and local companies, including clients operating in industries with unique supply chain requirements such as the energy and mining, retail, apparel, chemical, automotive, pharmaceutical and technology industries. The company seeks to use its global network, proprietary information technology systems, relationships with transportation providers and expertise in outsourced logistics services to deliver competitive advantage to each of its clients' supply chains.

         CONTACT: Katie Quinlan
         Director, Global Strategic Marketing & Communications
         +49 (0) 173 710 6425
         kquinlan@go2uti.com

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