Latest news from Heavy Lift & Project Forwarding International Magazine

DSV freight volumes grow

November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.

The growth for the period is mainly attributable to DSV's acquisition of UTi, which was completed at the beginning of this year.

DSV Air & Sea's net revenue for the first nine months totalled DKK23.7 billion (USD3.5 billion), compared to DKK16.5 billion (USD2.4 billion) in the same period of 2015. This growth is despite revenues being negatively affected by low freight rates and exchange rates.

Meanwhile, the DSV division posted gross profit of DKK6.3 billion (USD941 million) for the first nine months of the year, compared with DKK3.9 billion (USD582 million) in the same period of 2015.


Heavy Lift | News

Cory moves to Ipswich office thumbnail image

Cory moves to Ipswich office

October 18 - UK-headquartered Cory Brothers has relocated its office in Felixstowe to Ipswich town centre.
Views: 191
ALE executes pit move thumbnail image

ALE executes pit move

October 18 - ALE has lifted and transported a sulphur storage facility for the Lindsey Oil Refinery in the UK.
Views: 130
Bichowski joins AMT thumbnail image

Bichowski joins AMT

October 18 - Switzerland-headquartered logistics and supply chain specialist AMT has appointed Frank Bichowski as its chief commercial and operations officer.
Views: 183

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.