Logistics company UTi Worldwide Inc said Chief Executive Eric Kirchner had resigned and Edward Feitzinger would replace him, effective immediately. Feitzinger, who joined UTi in 2010, had been executive vice president of global operations since 2012. UTi did not give a reason for Kirchner's departure. The company could not be immediately reached for comment outside regular U.S. business hours. Kirchner joined UTi as CEO in January 2009 from parcel delivery company United Parcel Service Inc, where he led its freight forwarding business. UTi reported losses for three out of six years that Kirchner was chief executive, partly due to mounting costs related to the implementation of a new service and billing platform. The company denied last week a Bloomberg report saying it was in advanced talks to sell itself to Nordic trucking company DSV A/S. (Reuters)