• ITVI.USA
    9,157.620
    -27.560
    -0.3%
  • OTRI.USA
    2.590
    -0.020
    -0.8%
  • OTVI.USA
    9,162.320
    -26.570
    -0.3%
  • TLT.USA
    2.670
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.230
    -0.070
    -5.4%
  • TSTOPVRPM.PHLCHI
    1.100
    -0.030
    -2.7%
  • TSTOPVRPM.CHIATL
    1.290
    -0.060
    -4.4%
  • TSTOPVRPM.LAXSEA
    1.700
    0.130
    8.3%
  • TSTOPVRPM.ATLPHL
    1.520
    0.060
    4.1%
  • TSTOPVRPM.LAXDAL
    1.120
    -0.030
    -2.6%
  • WAIT.USA
    139.000
    -12.000
    -7.9%
  • ITVI.USA
    9,157.620
    -27.560
    -0.3%
  • OTRI.USA
    2.590
    -0.020
    -0.8%
  • OTVI.USA
    9,162.320
    -26.570
    -0.3%
  • TLT.USA
    2.670
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.230
    -0.070
    -5.4%
  • TSTOPVRPM.PHLCHI
    1.100
    -0.030
    -2.7%
  • TSTOPVRPM.CHIATL
    1.290
    -0.060
    -4.4%
  • TSTOPVRPM.LAXSEA
    1.700
    0.130
    8.3%
  • TSTOPVRPM.ATLPHL
    1.520
    0.060
    4.1%
  • TSTOPVRPM.LAXDAL
    1.120
    -0.030
    -2.6%
  • WAIT.USA
    139.000
    -12.000
    -7.9%
American ShipperShipping

UTi establishes two new multimodal hubs

The global supply chain services and solutions provider introduced two new multimodal hubs located in Kuala Lumpur, Malaysia and Ho Chi Minh City, Vietnam.

   UTi Worldwide Inc. established two new multimodal hubs, which are located in Kuala Lumpur, Malaysia and Ho Chi Minh City, Vietnam, to handle the challenges of static air cargo capacity and service its worldwide gateways in Europe and the United States, the company said.
   The new consolidation hubs allow UTi to offer several new routes including:
   *SMATAR Germany, which offers Singapore, Malaysia and Thailand air routing to Germany for locations in Europe serviced by UTi’s Frankfurt Gateway.
   *SMATAR Amsterdam, which offers Singapore, Malaysia and Thailand air routing to Amsterdam for locations in Europe serviced by UTi’s Amsterdam Gateway.
   *SMART-US, which offers Safe Mekong air routing to the United States for freight from Vietnam and Cambodia to UTi’s Chicago and Atlanta Gateways.
   “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,” UTi’s Managing Director for Singapore and Malaysia Mudasar Mohamed said in a statement. “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.”
   Based out of Long Beach, Calif., the global supply chain and solutions provider operates 310 offices and 230 logistics centers in 59 countries.
   In October, UTi agreed to be sold to Danish supply chain specialist DSV. The $1.35 billion acquisition is expected to be completed during the first quarter of 2016 and is subject to approval of UTi shareholders and regulatory approvals.

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