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Forwarders require rapid response in fast moving market

Large US forwarders fared better in 2024 than their European counterparts in what remains a fast-moving and unpredictable market with unresolved major conflicts and...

DSV unveils first renewable energy assets in Sweden

DSV announced the launch of its first renewable energy assets at its warehouse facilities in Landskrona, Sweden. This major milestone marks an important step toward...

Tighter margins for DSV and K+N in 2024 to date

DSV and Kuehne + Nagel, the world’s two largest freight forwarding groups, saw their profit margins squeezed for the first nine months of 2024.     DSV,...

Deutsche Bahn’s Supervisory Board approves DB Schenker sale

The Supervisory Board of Deutsche Bahn AG gave the green light to the sale of DB Schenker to the Danish transport and logistics company...

DSV buys DB Schenker for US$16.4 billion [updated]

Danish logistics firm DSV will acquire Deutsche Bahn's rail logistics arm DB Schenker, after the signing of the sale agreement by the two companies. DSV's...

Maersk withdraws from DB Schenker takeover – Will this clear path for DSV?

Danish container shipping giant Maersk is no longer interested in acquiring German logistics company DB Schenker, according to Reuters, due to possible future integration...

DSV reports US$5.5 billion revenue in 2024 first quarter

DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the...

Port of Brisbane inks 10-year lease deal with DSV

Port of Brisbane has finalized a 10-year lease deal with DSV Air & Sea, a global leader in transport and logistics. The agreement entails...

DSV opens new office in North Carolina

DSV, a prominent global provider of transport and logistics solutions, unveiled the inauguration of a new office in Raleigh-Durham, North Carolina. This strategic move reinforces...

NEOM, DSV establish US$10 billion logistics joint venture in Saudi Arabia

NEOM and DSV announced a US$10 billion exclusive logistics joint venture to support the development of ambitious projects taking shape in NEOM, a special...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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