UTiÆs preliminary gross revenue up 28%
Rancho Dominguez, Calif.-based forwarding and logistics company UTi Worldwide Inc., said today its preliminary fiscal third quarter gross revenue increased 28 percent to $946.3 million from $740.9 million in the prior-year period.
Net revenues increased 25 percent to $316.2 million from $253.2 million.
Preliminary net and operating income in the third quarter of fiscal 2007 was $30.5 million and $45.3 million, respectively, UTi said.
