All DSV articles
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News
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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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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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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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.
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K2 Project Forwarding appoints Fure
Norway-based K2 Project Forwarding has appointed Espen Fure as a project and chartering manager.
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DSV opens Phoenix-Mesa air charter hub
Danish transport and logistics company DSV has expanded its air charter network into Phoenix-Mesa Gateway Airport in the USA.
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Engineered Rigging installs gas scrubber
USA-based Engineered Rigging, on behalf of DSV Global Transport and Logistics and general contractor Echeverria Izquierdo Montajes Industriales, has offloaded and installed a 117-ton (106-tonne) gas scrubber at the ENAP Aconcagua refinery in Chile.
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DSV acquires two US logistics companies
DSV has acquired two transport and logistics companies – Arizona-based S&M Moving Systems West and Global Diversity Logistics – to strengthen its position in the semiconductor business, and to enhance cross-border services to Latin America.
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Larsson rejoins Scanlog as commercial director of airfreight solutions
Scandinavian freight logistics specialist Scanlog has appointed Mikael Larsson as its commercial director of airfreight solutions.
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DSV posts strong results for 2022
In posting its results for 2022, Denmark’s DSV has reflected on another volatile year for the forwarding market. It predicted a continuing slowdown in volumes for the first half of 2023 and further consolidation in the coming years.
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DSV handles RDMP cargoes
Last year, DSV delivered a 950-tonne oil distilling component from Kuantan, Malaysia, to Balikpapan in Indonesia on behalf of Hyundai Engineering as part of a refinery expansion project.
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Forwarders post strong results
International freight forwarders DSV and Kuehne + Nagel (K+N) have posted strong results in the third quarter of 2022.