UTi Worldwide Inc
It is no secret that there has been a long-standing secular shift to other modes of freight transport (airfreight is 1% to 2% of global volume), but conversely, there has been a critical value shift.
Atlas Air Worldwide (AAWW) is an outsourced global provider of aircraft and aviation operating services for airlines, express delivery providers, freight forwarders, the United States military, and charter brokers.
Tiger Global Management exited a 0.56% position in logistics company UTi Worldwide.
Tiger Global Management, the hedge fund managed by industry mogul Charles Coleman, filed its 13F with the SEC last month.