Late last week, the acquisition of Basel, Switzerland-based global 3PL and airfreight forwarder Panalpina by Hedehusene, Denmark-based global 3PL DSV was made official, according to DSV officials. As ...

Today, DSV A/S (“DSV”) completes the previously announced agreement between DSV and Deutsche Bahn AG (“Deutsche Bahn”) to acquire 100% of the global freight forwarding and contract logistics business ...

Revenue Increase: More than 75% increase, impacted by Schenker integration. EBIT: Rose more than 30% to DKK 4.9 billion. Gross Profit (GP): Up almost 80%. Conversion Ratio: Close to 26%. Interest ...

The integration of DB Schenker is off to a strong start, with annual synergies of DKK 9.0 billion still expected to be achieved by the end of 2028. However, organic EBIT declines pushed shares lower ...

Freight and logistics providers have been facing some challenges coming out of the pandemic as freight rates normalized while companies were sized for the e-commerce surge driven by the pandemic. As ...

DSV’s revenue increased by 75% year-over-year, primarily due to the Schenker acquisition. EBIT rose by over 30% to DKK 4.9 billion, despite market challenges. The company reduced its debt by ...

DSV said Oct. 23 it is seeking a buyer for truckload carrier USA Truck, which it acquired through its $15.9 billion purchase of DB Schenker in 2024. The Danish logistics group classified USA Truck as ...