IMS is now part of DSV, as the acquisition of UTi was completed

By Jeff Berman, Group News Editor
January 22, 2016

The sale of Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide to Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share is now official, UTi and DSV officials said today.

This follows an October announcement from UTi in which it said it had entered into a definitive agreement to be acquired by DSV.

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Thursday, March 17, 2016