News / 'We took our eye off the ball, making too many changes at once', says UTi chief

01/04/2015

The perils of how a large-scale corporate transformation can undermine a company were graphically illustrated yesterday when US forwarder and contract logistics provider UTi Worldwide released fourth-quarter results that showed sliding revenues and mounting losses.

The company reported an adjusted EBITDA loss of $47m, compared with ...

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