All DSV articles
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News
DSV acquires DB Schenker
In a deal worth approximately DKK106.7 billion (USD16.27 billion), DSV has completed the acquisition of Schenker after all conditions and requirements from Deutsche Bahn have been met.
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DSV adds to group executive committee
DSV has made a series of appointments to its group executive committee whilst renaming its solutions division to contract logistics, effective April 30, 2025. These changes come after the company obtained all regulatory clearances for its acquisition of DB Schenker earlier this week.
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DSV’s deal for DB Schenker cleared
DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
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Article
Joint ventures and big ambitions
Breakbulk Middle East 2025 wrapped up in mid-February, with much of the discussion centred on navigating regional tensions while capitalising on the significant opportunities available in the Middle East for the heavy lift and project forwarding sector. In recent years, joint ventures (JVs) have become a key strategy for companies looking to establish or expand their foothold in the market.
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DSV results slip in 2024, outlook positive for 2025
Revenues at DSV covering FY 2024 have climbed year on year but profitability has taken a hit. Progress at its Neom joint venture was reported to be developing at a slower rate than expected.
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DSV sets benchmark in Poland
DSV, with its partner Sarens, was responsible for the transport of 1,700 individual cargoes including a 850-tonne wash tower, for the largest petrochemical investment project in Europe in the last 20 years.
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Antonov and DSV deliver desalination gear to Algeria
Antonov Airlines and DSV coordinated the delivery of crated machinery from Hong Kong International Airport to Houari Boumediene Airport, Algeria.
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Deutsche Bahn board approves sale of DB Schenker to DSV
The supervisory board of Deutsche Bahn approved the sale of DB Schenker to the Danish logistics firm DSV at an extraordinary meeting today.
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Binding bids placed for DB Schenker
DSV and a private equity consortium led by CVC have reportedly put in binding bids of around EUR14 billion (USD15.6 billion) for DB Schenker.
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DSV places large e-truck order with Volvo
Logistics giant DSV will purchase 300 electric trucks from Volvo.
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BIFA names Beauchamp to Customs policy group
Nick Beauchamp has been elected as vice chair for the Customs policy group at the British International Freight Association (BIFA).
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News
DB Schenker bidders narrowed to four
Deutsche Bahn has narrowed the number of potential buyers of its freight forwarding subsidiary DB Schenker down to four, which have been invited to make binding offers.
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NEOM scope under scrutiny although regional prospects remain strong
Much has been written about Saudi Arabia’s suite of gigaprojects and the potential on offer for the project logistics community. However, there have been nagging doubts that the sheer scale of development, and the costs involved, could see the scope reined in somewhat.
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Intermarine bolsters chartering team with Jensen
Multipurpose shipping line Intermarine has appointed Lasse Jensen to its team in Denmark as chartering manager.
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Logisticians consider multimodal response to Red Sea crisis
As the Red Sea crisis escalates, actors in the supply chain are having to navigate the complexities of re-routing and determining alternative solutions. Some are turning to multimodal solutions that utilise the Silk Road.
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News
25 companies interested in DB Schenker acquisition
Up to 25 companies are reportedly interested in acquiring DB Schenker, according to HLPFI sister title DVZ. Deutsche Bahn officially launched the sale of its freight forwarding subsidiary in late 2022.
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Andersen departs DSV
Jens Bjørn Andersen has stepped down as ceo of DSV after more than 15 years at the helm. Chief operating officer and vice ceo Jens H. Lund will now officially take over as group ceo.
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Regulatory approvals obtained for DSV-NEOM JV
Freight forwarder DSV and NEOM Company have obtained the relevant regulatory approvals to form its USD10 billion exclusive joint venture to support the development of projects taking place as part of the Saudi Arabian giga-project.
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DSV forms joint venture with NEOM
Freight forwarder DSV and NEOM – Saudi Arabia’s mega project to construct a new urban area – have formed a USD10 billion exclusive joint venture to support the development the projects taking place.
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News
DSV’s Andersen to step down next year
DSV’s group ceo Jens Bjørn Andersen will step down from the role by September 30, 2024, after 16 years at the helm of the company. He will be succeeded by current chief operating officer (coo) Jens H. Lund.