DSV

DSV truck

DSV operates air, land, and sea logistics services. Begun by the merger of 10 independent Danish haulers, DSV has remained true to its Nordic heritage, maintaining a headquarters in Copenhagen, Denmark, though DSV’s 22,000 employees can be found in 75 countries.

03 Apr 2020
Surging e-commerce volumes continued to drive growth among the 50 largest global logistics providers in 2019, but excluding Amazon, revenue not only decelerated, it actually fell from the previous year.
Top 25 Asia-US import NVO rankings 2019
25 Sep 2019
Kuehne + Nagel handled the largest combined share of US imports from Asia of any non-vessel-operating common carrier in the first half of 2019, followed by Expeditors International and C.H. Robinson, according to PIERS.
30 Apr 2019
International freight forwarders posted surprisingly strong first-quarter performances in the face of slowing global economic activity, continued US-China trade tensions, a decline in business confidence in the eurozone, a tightening of financial conditions, and higher policy uncertainty.
Amazon ranks #1 in top 50 global 3PLs
20 Apr 2019
Although the e-commerce giant doesn't describe itself as a third-party logistics provider (3PL), Amazon has surpassed major global players such as DHL and Kuehne + Nagel in 3PL revenue.
15 Feb 2019
All is not well among Panalpina's shareholders, and the DSV takeover bid has brought the disenchantment with the company management to a head.
07 Feb 2019
Jens Bjørn Andersen told JOC.com the highly fragmented forwarding industry is in need of consolidation and the additional scale would benefit DSV customers and shareholders alike.
DSV Logistics.
29 Jan 2019
European forwarders are trying to blunt ocean carriers from encroaching on their business.
A DSV tandem truck.
01 Aug 2018
Record high margins were driven by continued improvement in productivity across the organization, DSV said, and the company had equally encouraging news regarding the UTi integration.
DSV truck on rural road
08 Feb 2018
DSV has posted its best ever financial result after a strong improvement in volume across its three divisions.
26 Oct 2017
DSV has been making the most out of a resurgent air freight market and continuing synergies earned through the acquisition of UTi.
02 Aug 2017
DSV booked record earnings in the second quarter.
02 May 2017
The Danish trucker and freight forwarder’s earnings before interest and tax soared to 875 million krone ($128.2 million).
10 Feb 2017
“It is impossible to talk about 2016 without saying UTi a great many times.”
01 Nov 2016
DSV’s operating profit surged 18 percent in the third quarter as ocean, air, and ground freight posted solid growth.
The acquisition of UTi Worlwide made DSV the world’s fourth-largest freight forwarder and the benefits of the deal are being felt sooner than anticipated.
05 Aug 2016
DSV’s second-quarter profit rose as it “neutralized” the operating deficit of recently acquired UTi Worldwide.
DSV UTI Worldwide
13 May 2016
DSV, the Danish trucking and logistics group, posted a slightly higher first-quarter operating profit despite losses incurred by UTi Worldwide.
31 Mar 2016
The top Europe-based global freight forwarders were able to maintain or improve their earnings despite volatile freight rates and stagnating cargo volumes in 2015.
01 Dec 2015
As it gets closer to a $1.35 billion acquisition by DSV, logistics company UTi Worldwide opens new multimodal facilities in Southeast Asia to speed freight to Europe and the U.S.
28 Oct 2015
DSV, the Danish transport and logistics company acquiring U.S.-based rival UTi Worldwide, raised its 2015 earnings outlook after posting strong third-quarter results.
09 Oct 2015
Danish logistics company DSV will acquire loss-making UTi Worldwide for $1.35 billion in a surprise announcement that represents a 50 percent premium on UTi’s closing price yesterday.
04 Aug 2015
Danish trucker and freight forwarder DSV posted a better-than-expected increase in second-quarter earnings, driven by sharply higher air and ocean container profits, leading it to upgrade its full-year earnings forecast.
19 Feb 2015
DSV is working to attract European importers with its new warehouse in Edison, New Jersey, the global third-party logistics provider’s second in the U.S.
09 Feb 2015
DSV is back on the takeover trail two months after abandoning talks over a potential acquisition of U.S. logistics company UTi Worldwide.
09 Dec 2014
Despite the resignation of CEO Eric W. Kirchner and a $34 million loss in its latest quarter, UTi Worldwide has passed a turning point, new CEO Edward G. Feitzinger said Dec. 9.
04 Dec 2014
Global third-party logistics providers DSV A/S and UTi Worldwide said they are no longer discussing a merger or acquisition.
18 Nov 2014
Two global logistics companies will set up shop in the Goodman Group’s newly-constructed Xiqing Logistics Park in Tianjin, reflecting the demand for modern warehousing to serve booming Chinese e-commerce business.
DSV flags
30 Jul 2014
DSV today became the latest top 10 freight forwarder to post market-beating growth in ocean container traffic as the consolidation of the fragmented global logistics industry gathers pace.
06 Feb 2014
DSV’s ocean container traffic grew by a market-beating 6 percent in 2013, and the global freight forwarder is targeting an increase of up to 5 percent in the current year.
31 Oct 2013
DSV’s profit declined in the third quarter as the Danish global transport and logistics group saw low growth and tougher competition in ocean, air and land transport.
01 Aug 2012
DSV’s core profit increased 5.9 percent in the second quarter from a year ago as the Danish logistics and freight forwarding group cut costs to maintain margins in its global air, sea and trucki
02 Apr 2012
DSV said Italian trust busters reduced a fine related to the Danish trucking and logistics company’s acquisition of ABX Logistics by $5.2 million to $26.4 million.
28 Mar 2012
European antitrust officials on Wednesday fined 13 of the world’s largest logistics companies, including Kuehne + Nagel, Panalpina and UPS, a total of $225 million for fixing international air c
12 Jul 2011
Switzerland-based Kuehne + Nagel was the largest international forwarder in 2010, handling of nearly a 10th of the world’s air and sea freight business by revenue, according to Transport Intelli
02 May 2011
DSV reported higher first quarter revenue and earnings driven by increased volume at its air, sea and trucking units.