Investopedia: UTIW Suffering Along With The Rest Of Logistics

These aren't great days in international logistics. Airfreight companies like Atlas Air (Nasdaq:AAWW) and Air Transport (Nasdaq:ATSG) aren't having the easiest time of it, and data from the likes of IATA, HACTL and Cathay Pacific haven't been great either. Conditions on the sea are marginally better, but the economic conditions in Europe, China and (increasingly) other emerging markets are taking its toll on international traffic.

Against that backdrop and weak numbers from fellow forwarder Expeditors International (Nasdaq:EXPD), UTi Worldwide's (Nasdaq:UTIW) miss is not entirely surprising. While the company is showing some definite margin benefits from its restructuring efforts and revenue wasn't that bad net of FX movements, these numbers still aren't going to help the stock, those of other companies like FedEx (NYSE:FDX) or UPS (NYSE:UPS) nor sentiment on the global economy.

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