DSV wins bid to acquire DB Schenker
HEDEHUSENE : Danish logistics giant DSV has secured the bid to acquire DB Schenker, the rail logistics division of Deutsche Bahn (DB), for around €14b. According to Reuters, sources
Maersk withdraws from DB Schenker takeover – Will this clear path for DSV?
COPENHAGEN : Danish container shipping giant Maersk is no longer interested in acquiring German logistics company DB Schenker, according to Reuters, due to possible future integration challenges. DB
DSV reports US$5.5 billion revenue in 2024 first quarter
COPENHAGEN : 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 stabilization of
Maersk still in the race for DB Schenker’s acquisition : CEO
COPENHAGEN : After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with
DSV and Saudi Arabia’s NEOM establish $10bn logistics joint venture
COPENHAGEN : DSV and Saudi Arabia’s ‘NEOM’ special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM Projects. The JV will
DSV enables customers to reduce emissions with decarbonisation solutions across transport modes
DENMARK : DSV has invested in large quantities of sustainable fuel in order to provide customers with decarbonisation solutions via its new “book and claim” solution. The solution
DSV expands operations in the US and launches new air charter routes
DENMARK : DSV has established new operations at the Phoenix-Mesa Gateway Airport, which will include two new air charter routes as well as its own airport hangar and
DSV to acquire two US-based logistics firms to boost semiconductor service offerings
DENMARK : DSV has reached agreements to acquire US-based transport and logistics companies S&M Moving Systems West and Global Diversity Logistics. These acquisitions will strengthen DSV’s position within
DSV purchases sustainable aviation fuel to reduce emissions for all its 2023 business air travel
DENMARK : To reduce its carbon emissions, DSV will replace fossil jet fuel with SAF for all 2023 business travel. The initiative will bring the leading transport and
DSV reports strong results for 2022
DENMARK : DSV reports a strong results for the year 2022. Highlights “DSV delivered a strong set of results for 2022. We achieved EBIT growth of 48% and