Exhibit 99.1

Contact:
Jeff Misakian
Vice President, Investor Relations
(562) 552-9417
jmisakian@go2uti.com

UTi WORLDWIDE REPORTS FISCAL 2011
THIRD QUARTER RESULTS

Long Beach, Calif., December 2, 2010 — UTi Worldwide Inc. (NASDAQ: UTIW) today reported financial results for its fiscal 2011 third quarter ended October 31, 2010.

Fiscal Third Quarter 2011 vs. 2010 Results:

•

Revenues were $1,198.4 million, an increase of 24 percent from $967.2 million.

•

Net revenues (revenues minus purchased transportation costs) were $406.1 million, an increase of 12 percent from $361.5 million.

•

Operating income was $43.9 million, an increase of 40 percent from $31.4 million.

•

Net income attributable to UTi Worldwide Inc. was $26.4 million, or $0.26 per diluted share, compared to $18.0 million, or $0.18 per diluted share.

Eric W. Kirchner, chief executive officer, said, “Our improved third quarter performance was the result of higher volumes and greater operating efficiency, partially offset by lower yields. Volume growth, while still ahead of last year, moderated in the third quarter. Airfreight volumes remained robust primarily because of tight inventory levels, but comparisons have become more challenging. Ocean freight peaked in August, and then weakened in each subsequent month. Airfreight tonnage in the fourth quarter is expected to be at levels similar to last year, while ocean freight TEUs may be lower due to unseasonably high levels last year. Yield pressure also showed signs of moderation in the third quarter. Carrier spot rates were slightly more favorable as a result of declining demand and available capacity, and we continued to adjust our pricing in response to market conditions. While this is encouraging, the rate of yield improvement may not be sufficient to offset anticipated volume weakness in the fourth quarter.

“Our contract logistics and distribution business reported solid revenue growth and operating margins. Existing business was strong in consumer and retail sectors, partially offset by slowing volumes in automotive and technology.”

Revenues increased 24 percent in the 2011 fiscal third quarter compared to the prior-year third quarter primarily due to the higher airfreight and ocean freight volumes. Net revenues increased 12 percent, less than the revenue increase principally because of yield pressure. On an organic, constant currency basis, adjusted net revenues increased 11 percent compared to the third quarter last year.

Operating expenses in the third quarter of fiscal 2011, excluding purchased transportation costs, were $362.2 million, an increase of 10 percent compared to the same period last year. The increase primarily reflects expenses associated with revenue growth. On an organic, constant currency basis, adjusted operating expenses in the fiscal 2011 third quarter were nine percent higher than the same period last year, less than the net revenue increase.

The company reported operating income in the fiscal 2011 third quarter of $43.9 million, which represented 10.8 percent of net revenues. This compares to operating income in the year-ago third quarter of $31.4 million, or 8.7 percent of net revenues. The operating income and margin increases reflect the higher volumes in freight forwarding and contract logistics, which were somewhat offset by lower yields in freight forwarding and distribution operations, compared to the same period last year.

The substantial increase in volumes and carrier rates during the first nine months of fiscal 2011 necessitated significant additional working capital to fund duties and carrier costs on behalf of clients. Net cash provided by operations totaled $11.7 million in the nine months ended October 31, 2010, compared to cash provided by operations of $51.6 million in the same period last year.

Investor Conference Call:

UTi management will host an investor conference call today, December 2, 2010, at 8:00 a.m. PST (11:00 a.m. EST) to review the company’s financials and operations for the fiscal 2011 third quarter. Investment professionals are invited to participate in the live call by dialing 877-941-2332 (domestic) or 480-629-9722 (international) using conference ID 4375434. The call will be open to all interested investors through a live, listen-only audio Internet broadcast at www.go2uti.com and www.earnings.com. For those who are not available to listen to the live broadcast, the call will be archived for one year at both Web sites. A telephonic playback of the conference call also will be available from approximately 11:00 a.m. PST, today, through December 5, 2010, by calling 800-406-7325 (domestic) or 303-590-3030 (international) and using replay passcode 4375434.

About UTi Worldwide:

UTi Worldwide Inc. is an international, non-asset-based supply chain services and solutions company providing air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, truckload brokerage and other supply chain management services. The company serves a large and diverse base of global and local companies, including clients operating in industries with unique supply chain requirements such as the pharmaceutical, retail, apparel, chemical, automotive and technology industries. The company seeks to use its global network, proprietary information technology systems, relationships with transportation providers, and expertise in outsourced logistics services to deliver competitive advantage to each of its clients’ supply chains.

Use of Non-GAAP Financial Information:

This press release includes “non-GAAP financial measures” within the meaning of the Securities and Exchange Commission rules. UTi believes that meaningful analysis of its financial performance requires an understanding of the factors underlying that performance and the company’s judgments about the likelihood that particular factors will repeat. Short-term patterns and long-term trends may be obscured by the impact of certain items. For this reason, the company has referred to organic, constant-currency revenue and net revenue growth, which are adjusted to exclude the impact of acquisitions made since the beginning of the comparative period and the impact of currency fluctuations between comparable periods; and to organic, constant-currency operating expenses, which are adjusted to exclude purchased transportation costs, the impact of acquisitions made since the beginning of the comparative period and the impact of currency fluctuations between comparable periods. This information is among the information the company uses as a basis for evaluating company performance on a comparable basis over time, allocating resources and planning and forecasting of future periods. The company has also provided this information because such adjustments make performance information more comparable to prior disclosures for investors, and may enhance the ability of investors to analyze the company’s performance. This information is not intended to be considered in isolation or as a substitute for, or superior to, the relevant measures prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the tables at the end of this press release.

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 forward-looking statements may include, but are not limited to, the company’s discussion of the estimated airfreight and ocean freight volume trends in the company’s fiscal fourth quarter, projected changes in yields and the potential impact thereof, projected growth rates, the outlook for the future and other statements not of an historical nature. 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 economic volatility that has materially impacted trade volumes, transportation capacity, pricing dynamics and overall margins; the financial condition of many of the company’s customers; the impact of sharply rising freight transportation rates on the company’s net revenue; planned or unplanned consequences of the company’s sales initiatives, procurement initiatives and business transformation efforts; the demand for the company’s services; the impact of cost reduction measures

undertaken by the company; increased competition; the impact of volatile fuel costs and 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; disruptions caused by epidemics, natural disasters, 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.

# # #

(Tables Follow)

UTi Worldwide Inc.

Condensed Consolidated Statements of Income

(in thousands, except share and per share amounts)

		Three months ended October 31,								Nine months ended October 31,
		2010				2009				2010				2009
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Revenues:
Airfreight forwarding		$	427,878			$	328,746			$	1,215,009			$	838,044
Ocean freight forwarding			318,898				238,333				895,356				635,947
Customs brokerage			28,993				25,231				81,039				68,543
Contract logistics			187,778				175,157				544,087				475,819
Distribution			127,101				109,549				365,694				312,563
Other			107,756				90,182				303,465				245,140
Total revenues			1,198,404				967,198				3,404,650				2,576,056
Operating expenses:
Purchased transportation costs:
Airfreight forwarding			336,958				254,576				966,619				627,838
Ocean freight forwarding			269,823				191,431				754,791				506,706
Customs brokerage			1,216				2,283				5,034				4,965
Contract logistics			39,132				31,971				116,418				84,149
Distribution			86,275				75,094				249,313				210,992
Other			58,860				50,308				161,517				130,998
Staff costs			214,857				196,675				626,377				559,141
Depreciation			12,289				11,393				34,964				31,738
Amortization of intangible assets			3,338				2,696				9,845				8,145
Restructuring charges			—				—				—				1,231
Other operating expenses			131,745				119,355				383,008				338,477
Total operating expenses			1,154,493				935,782				3,307,886				2,504,380
Operating income			43,911				31,416				96,764				71,676
Interest expense, net			(4,476	)			(4,154	)			(12,521	)			(9,905	)
Other income/(expense), net			1,168				742				2,183				(256	)
Pretax income			40,603				28,004				86,426				61,515
Provision for income taxes			12,851				7,537				27,106				17,761
Net income			27,752				20,467				59,320				43,754
Net income attributable to noncontrolling interests			1,329				2,500				3,954				4,187
Net income attributable to UTi Worldwide Inc.		$	26,423			$	17,967			$	55,366			$	39,567
Basic earnings per common share attributable to UTi Worldwide Inc. common shareholders		$	0.26			$	0.18			$	0.55			$	0.40
Diluted earnings per common share attributable to UTi Worldwide Inc. common shareholders		$	0.26			$	0.18			$	0.54			$	0.39
Number of weighted-average common shares outstanding used for per share calculations
Basic shares			100,736,378				100,066,261				100,487,558				99,888,487
Diluted shares			102,016,552				101,282,940				101,866,470				101,205,008

UTi Worldwide Inc.

Condensed Consolidated Balance Sheets

(in thousands)

		October 31,				January 31,
		2010				2010
		(Unaudited)
Assets
Cash and cash equivalents		$	342,148			$	350,784
Trade receivables, net			982,181				727,413
Deferred income taxes			16,534				16,917
Other current assets			126,619				111,575
Total current assets			1,467,482				1,206,689
Property, plant and equipment, net			197,919				180,422
Goodwill and other intangible assets, net			490,442				487,473
Investments			888				1,717
Deferred income taxes			28,813				31,815
Other non-current assets			35,120				29,430
Total assets		$	2,220,664			$	1,937,546
Liabilities & Equity
Bank lines of credit		$	188,797			$	100,653
Short-term borrowings			5,696				8,032
Current portion of long-term borrowings			70,768				69,934
Current portion of capital lease obligations			15,970				16,832
Trade payables and other accrued liabilities			884,341				732,018
Income taxes payable			10,084				1,929
Deferred income taxes			3,416				3,503
Total current liabilities			1,179,072				932,901
Long-term borrowings, excluding current portion			62,107				99,097
Capital lease obligations, excluding current portion			22,238				23,892
Deferred income taxes			29,684				32,874
Other non-current liabilities			34,322				34,500
Commitments and contingencies
UTi Worldwide Inc. shareholders’ equity:
Common stock			480,901				464,731
Retained earnings			422,808				373,548
Accumulated other comprehensive loss			(23,018	)			(46,904	)
Total UTi Worldwide Inc. shareholders’ equity			880,691				791,375
Noncontrolling interests			12,550				22,907
Total equity			893,241				814,282
Total liabilities and equity		$	2,220,664			$	1,937,546

UTi Worldwide Inc.

Condensed Consolidated Statements of Cash Flows

(in thousands)

		Nine months ended
		October 31,
		2010				2009
		(Unaudited)
Operating Activities:
Net income		$	59,320			$	43,754
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based compensation costs, net			6,396				6,354
Depreciation			34,964				31,738
Amortization of intangible assets			9,845				8,145
Amortization of debt issuance costs			2,256				1,089
Deferred income taxes			286				(744	)
Uncertain tax positions			(1,491	)			256
Tax benefit relating to share-based compensation			1,879				1,212
Excess tax benefit from share-based compensation			(102	)			(130	)
Loss/(gain) on disposal of property, plant and equipment			102				(6,195	)
Provision for doubtful accounts			3,901				1,828
Other			2,288				(3,088	)
Net changes in operating assets and liabilities			(107,914	)			(32,576	)
Net cash provided by operating activities			11,730				51,643
Investing Activities:
Purchases of property, plant and equipment			(37,706	)			(21,062	)
Proceeds from disposal of property, plant and equipment			1,280				11,877
Net increase in other non-current assets			(4,623	)			(448	)
Acquisitions and related payments			(3,449	)			(3,133	)
Other			(283	)			387
Net cash used in investing activities			(44,781	)			(12,379	)
Financing Activities:
Net borrowings/(repayments) under bank lines of credit			75,910				(20,030	)
Net increase in short-term borrowings			782				907
Proceeds from issuance of long-term borrowings			81				56,498
Repayment of long-term borrowings			(37,997	)			(36,938	)
Debt issuance costs			—				(4,576	)
Repayment of capital lease obligations			(14,797	)			(17,615	)
Contingent consideration paid			(3,734	)			—
Acquisition of noncontrolling interest			(8,323	)			—
Dividends paid to noncontrolling interests			(1,719	)			(998	)
Net proceeds from issuance of ordinary shares			4,011				1,647
Excess tax benefit from share-based compensation			102				130
Dividends paid			(6,106	)			(6,027	)
Net cash provided by/(used in) financing activities			8,210				(27,002	)
Effect of foreign exchange rate changes on cash and cash equivalents			16,205				38,423
Net (decrease)/increase in cash and cash equivalents			(8,636	)			50,685
Cash and cash equivalents at beginning of period			350,784				256,869
Cash and cash equivalents at end of period		$	342,148			$	307,554

UTi Worldwide Inc.
Segment Reporting
(in thousands)
(Unaudited)

		Three months ended October 31, 2010
						Contract
		Freight				Logistics and
		Forwarding				Distribution				Corporate				Total
Revenues		$	841,739			$	356,665			$	—			$	1,198,404
Purchased transportation costs			654,092				138,172				—				792,264
Staff costs			98,118				110,023				6,716				214,857
Depreciation			4,296				7,824				169				12,289
Amortization of intangible assets			1,149				2,189				—				3,338
Other operating expense			50,160				77,397				4,188				131,745
Total operating expenses			807,815				335,605				11,073				1,154,493
Operating income/(loss)		$	33,924			$	21,060			$	(11,073	)			43,911
Interest expense, net															(4,476	)
Other income, net															1,168
Pretax income															40,603
Provision for income taxes															12,851
Net income															27,752
Net income attributable to noncontrolling interests															1,329
Net income attributable to UTi Worldwide Inc.														$	26,423

UTi Worldwide Inc.
Segment Reporting
(in thousands)
(Unaudited)

		Three months ended October 31, 2009
						Contract
		Freight				Logistics and
		Forwarding				Distribution				Corporate				Total
Revenues		$	642,384			$	324,814			$	—			$	967,198
Purchased transportation costs			485,683				119,980				—				605,663
Staff costs			89,016				104,114				3,545				196,675
Depreciation			3,819				7,353				221				11,393
Amortization of intangible assets			963				1,733				—				2,696
Other operating expenses			41,352				71,100				6,903				119,355
Total operating expenses			620,833				304,280				10,669				935,782
Operating income/(loss)		$	21,551			$	20,534			$	(10,669	)			31,416
Interest expense, net															(4,154	)
Other income, net															742
Pretax income															28,004
Provision for income taxes															7,537
Net income															20,467
Net income attributable to noncontrolling interests															2,500
Net income attributable to UTi Worldwide Inc.														$	17,967

UTi Worldwide Inc.
Segment Reporting
(in thousands)
(Unaudited)

		Nine months ended October 31, 2010
						Contract
		Freight				Logistics and
		Forwarding				Distribution				Corporate				Total
Revenues		$	2,372,503			$	1,032,147			$	—			$	3,404,650
Purchased transportation costs			1,851,574				402,118				—				2,253,692
Staff costs			286,871				321,664				17,842				626,377
Depreciation			12,093				22,329				542				34,964
Amortization of intangible assets			3,179				6,666				—				9,845
Other operating expense			143,043				224,468				15,497				383,008
Total operating expenses			2,296,760				977,245				33,881				3,307,886
Operating income/(loss)		$	75,743			$	54,902			$	(33,881	)			96,764
Interest expense, net															(12,521	)
Other income, net															2,183
Pretax income															86,426
Provision for income taxes															27,106
Net income															59,320
Net income attributable to noncontrolling interests															3,954
Net income attributable to UTi Worldwide Inc.														$	55,366

UTi Worldwide Inc.
Segment Reporting
(in thousands)
(Unaudited)

		Nine months ended October 31, 2009
						Contract
		Freight				Logistics and
		Forwarding				Distribution				Corporate				Total
Revenues		$	1,675,338			$	900,718			$	—			$	2,576,056
Purchased transportation costs			1,235,306				330,342				—				1,565,648
Staff costs			255,318				293,129				10,694				559,141
Depreciation			11,168				20,145				425				31,738
Amortization of intangible assets			2,776				5,369				—				8,145
Restructuring charges			—				—				1,231				1,231
Other operating expenses			117,530				207,994				12,953				338,477
Total operating expenses			1,622,098				856,979				25,303				2,504,380
Operating income/(loss)		$	53,240			$	43,739			$	(25,303	)			71,676
Interest expense, net															(9,905	)
Other expense, net															(256	)
Pretax income															61,515
Provision for income taxes															17,761
Net income															43,754
Net income attributable to noncontrolling interests															4,187
Net income attributable to UTi Worldwide Inc.														$	39,567

Geographic Reporting
(in thousands)
(Unaudited)

		Three months ended October 31, 2010
														Contract
						Contract								Logistics
						Logistics				Freight				and
		Freight				and				Forwarding				Distribution
		Forwarding				Distribution				Net				Net				Operating
		Revenue				Revenue				Revenue				Revenue				Income/(Loss)
EMENA		$	240,001			$	63,543			$	61,386			$	36,764			$	2,848
Americas			173,248				189,405				48,526				99,327				15,281
Asia Pacific			314,662				12,156				50,130				7,975				17,068
Africa			113,828				91,561				27,605				74,427				19,787
Corporate			—				—				—				—				(11,073	)
Total		$	841,739			$	356,665			$	187,647			$	218,493			$	43,911

		Three months ended October 31, 2009
														Contract
						Contract								Logistics
						Logistics				Freight				and
		Freight				and				Forwarding				Distribution
		Forwarding				Distribution				Net				Net				Operating
		Revenue				Revenue				Revenue				Revenue				Income/(Loss)
EMENA		$	215,812			$	64,733			$	59,226			$	41,154			$	1,807
Americas			129,963				173,378				38,038				97,809				10,838
Asia Pacific			210,992				9,071				35,851				6,315				9,083
Africa			85,617				77,632				23,586				59,556				20,357
Corporate			—				—				—				—				(10,669	)
Total		$	642,384			$	324,814			$	156,701			$	204,834			$	31,416

Geographic Reporting
(in thousands)
(Unaudited)

		Nine months ended October 31, 2010
														Contract
						Contract								Logistics
						Logistics				Freight				and
		Freight				and				Forwarding				Distribution
		Forwarding				Distribution				Net				Net				Operating
		Revenue				Revenue				Revenue				Revenue				Income/(Loss)
EMENA		$	700,329			$	191,626			$	178,771			$	111,702			$	8,051
Americas			488,886				545,561				133,617				284,312				30,522
Asia Pacific			886,693				32,475				136,735				21,903				42,189
Africa			296,595				262,485				71,806				212,112				49,883
Corporate			—				—				—				—				(33,881	)
Total		$	2,372,503			$	1,032,147			$	520,929			$	630,029			$	96,764

		Nine months ended October 31, 2009
														Contract
						Contract								Logistics
						Logistics				Freight				and
		Freight				and				Forwarding				Distribution
		Forwarding				Distribution				Net				Net				Operating				Restructuring
		Revenue				Revenue				Revenue				Revenue				Income/(Loss)				Charges
EMENA		$	602,560			$	178,283			$	169,152			$	116,464			$	3,031			$	—
Americas			349,674				482,762				107,398				270,729				18,396				—
Asia Pacific			517,472				25,859				105,349				18,114				28,203				—
Africa			205,632				213,814				58,133				165,069				47,349				—
Corporate			—				—				—				—				(25,303	)			1,231
Total		$	1,675,338			$	900,718			$	440,032			$	570,376			$	71,676			$	1,231

UTi Worldwide Inc.
Revenue Growth Reconciliation
(in thousands)
(Unaudited)

Set forth below is a reconciliation of our organic growth in our revenues and net revenues over the corresponding prior-year period.

		Revenues								Net Revenues
Three months ended October 31, 2009		$	967,198							$	361,535
Add: Acquisitions impact (1)			6,672				1	%			659				—	%
Add: Currency impact (2)			3,822				—	%			3,026				1	%
Organic growth			220,712				23	%			40,920				11	%
Three months ended October 31, 2010		$	1,198,404							$	406,140

UTi Worldwide Inc.
Revenue Growth Reconciliation
(in thousands)
(Unaudited)

Set forth below is a reconciliation of our organic growth in our revenues and net revenues over the corresponding prior-year period.

		Revenues								Net Revenues
Nine months ended October 31, 2009		$	2,576,056							$	1,010,408
Add: Acquisitions impact (3)			14,345				1	%			1,693				—	%
Add: Currency impact (4)			81,488				3	%			38,353				4	%
Organic growth			732,761				28	%			100,504				10	%
Nine months ended October 31, 2010		$	3,404,650							$	1,150,958

UTi Worldwide Inc.
Total Operating Expense Reconciliation
(in thousands)
(Unaudited)

Set forth below is a reconciliation of our organic growth in our operating expenses over the corresponding prior-year period.

		Three months ended
		October 31, 2010				October 31, 2009
Total operating expenses		$	1,154,493			$	935,782
Less: Purchased transportation costs			792,264				605,663
Adjusted operating expenses		$	362,229				330,119
Reconciliation of adjusted operating expenses
Add: Acquisition impact (5)							633				—	%
Add: Currency impact (6)							1,835				1	%
Add: Organic impact							29,642				9	%
Adjusted operating expenses for the three months ended October 31, 2010						$	362,229

UTi Worldwide Inc.
Total Operating Expense Reconciliation
(in thousands)
(Unaudited)

Set forth below is a reconciliation of our organic growth in our operating expenses over the corresponding prior-year period.

		Nine months ended
		October 31, 2010				October 31, 2009
Total operating expenses		$	3,307,886			$	2,504,380
Less: Purchased transportation costs			2,253,692				1,565,648
Adjusted operating expenses		$	1,054,194				938,732
Reconciliation of adjusted operating expenses
Add: Acquisition impact (7)							1,407				—	%
Add: Currency impact (8)							33,930				4	%
Add: Organic impact							80,125				9	%
Adjusted operating expenses for the nine months ended October 31, 2010						$	1,054,194