As of Jan. 31, UTI Worldwide, with a major operations center in Long Beach, Calif., did business in 62 countries.
(Ian Waldie/Bloomberg News/File 2010)
MARKET MOVERS
UTI Worldwide Inc. rallied the second-most in the Russell 1000 index. The air and ocean freight logistics company had quarterly profit of 24 cents a share, versus an average analyst estimate in a Bloomberg survey of 21 cents. UTI’s services include air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, and other supply chain management services.
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