UTi Worldwide (NASDAQ: UTIW) is a shipping company that helps companies move goods between international manufacturers and markets. Outsourcing to a third-party logistics firm like UTi allows a company to focus on their core business rather than devoting personnel and resources to supply chain management. When companies expand into international markets and outsource production, their operations become more complicated, and UTi handles details like language translation, tariff variations, and custom clearing operations.

As the need for third-party logistics firms has grown, so has the number of competitors in UTi's space. Shipping goods internationally creates potential government and global economic risks, as the changing of tariff or trade regulations (possibly resulting from terrorist acts) could impact UTi Worldwide's business. Also, volatility in exchange rates can impact the significant revenue and assets produced from foreign operations.^[1]

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