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Quotes & Info
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| UTIW > SEC Filings for UTIW > Form 8-K on 3-Sep-2009 | All Recent SEC Filings |
3-Sep-2009
Results of Operations and Financial Condition
(c) Exhibits
Exhibit Description
99.1 Earnings News Release dated September 3, 2009
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Safe Harbor Statement
Certain statements in this news release may be deemed to be forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. The company intends that all
such statements be subject to the "safe-harbor" provisions contained in those
sections. Such statements may include, but are not limited to, the company's
discussion of the macroeconomic environment, its sales initiatives and business
transformation efforts and the anticipated impact thereof, the commencement of
the company's recent freight forwarding win, and the outlook for the future.
Many important factors may cause the company's actual results to differ
materially from those discussed in any such forward-looking statements,
including but not limited to the global economic slowdown that is adversely
affecting trade volumes and the financial condition of many of the company's
customers; planned or unplanned consequences of the company's sales initiatives
and business transformation efforts; the demand for the company's services; the
impact of cost reduction measures recently undertaken by the company; the costs
and impact of the company's information technology restructuring plan;
integration risks associated with acquisitions; increased competition; the
impact of volatile fuel costs; the effects of changes in foreign exchange rates;
changes in the company's effective tax rates; industry consolidation making it
more difficult to compete against larger companies; general economic, political
and market conditions, including those in Africa, Asia and EMENA; work stoppages
or slowdowns or other material interruptions in transportation services; risks
of international operations; risks associated with, and costs and expenses the
company will incur as a result of, the ongoing publicly announced U.S.
Department of Justice and other governmental investigations into the pricing
practices of the air cargo transportation industry and other similar or related
investigations and lawsuits; the success and effects of new strategies and of
the realignment of the company's executive management structure; disruptions
caused by epidemics, conflicts, wars and terrorism; and the other risks and
uncertainties described in the company's filings with the Securities and
Exchange Commission. Although UTi believes that the assumptions underlying the
forward-looking statements are reasonable, any of the assumptions could prove
inaccurate and, therefore, the company cannot assure the reader that the results
contemplated in forward-looking statements will be realized in the timeframe
anticipated or at all. In light of the significant uncertainties inherent in the
forward-looking information included herein, the inclusion of such information
should not be regarded as a representation by UTi or any other person that UTi's
objectives or plans will be achieved. Accordingly, investors are cautioned not
to place undue reliance on the company's forward-looking statements. UTi
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by law.
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