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DSV spent many years eyeing Panalpina acquisition

For many years, DSV has had Swiss Panalpina as number one on its acquisition list. The timing is now right as the logistics company is feeling increasing pressure from carriers, says the head of investment to ShippingWatch.

DSV still looking for acquisitions

DSV and CEO Jens Bjørn Andersen are still looking for new acquisitions despite the failed attempt to take over Swiss-based Ceva Logistics earlier this year.

DSV upgrades expectations for 2018

The transport and logistics group now expects a slightly higher operating profit for the whole year, shows the company's third quarter report. According to its CEO, DSV has not been impacted by trade conflicts, but does acknowledge that they create uncertainty. Seafreight has grown well.

DSV upgrades its expectations after record Q2 result

Transport and logistics group DSV now upgrades its full-year expectations for operating result as well as available cash flow after a result for the second quarter described as "all-time high" by CEO Jens Bjørn Andersen.

DSV: This is why we're better than Flexport

DSV has a clear edge compared to new digital players in the sector, says DSV Chief Financial Officer Jens Lund in an interview with ShippingWatch. But DSV is keeping a close eye on the US-based startup.

DSV looking for new acquisitions in these areas

2017 became another record year for DSV, and the integration of UTi is now done. The company is looking for acquisition candidates to grow its market share, CEU Jens Bjørn Andersen tells ShippingWatch.

DSV raises full-year forecast yet again

DSV books adjusted third quarter result of DKK 941 million (USD 150 million) and once again upgrades its guidance for the full year. The Air & Sea freight division in particular has driven growth.

DSV prepares for higher freight rates

After many years of unusually low rates, DSV Chief Exec Jens Bjørn Andersen is now preparing for higher rates. "Big changes are taking place right now on the sea freight market, and it's all about staying close to the development," he tells ShippingWatch in a post-report interview.

DSV upgrades after all-time high results

DSV delivered the group's best results ever for the first half of the year, says CEO Jens Bjørn Andersen in the company's interim report. The logistics group upgrades its full-year guidance and initiates share buyback program for DKK 1 billion.

An upgrade could be in play for DSV in Q2 report

Underlying growth and synergies from last year's acquisition of US company UTi Worldwide could be the ingredients for improved earnings at DSV, according to analysts ahead of the Q2 report, set for release tomorrow Wednesday.

Communications chief ended vacation when DSV landed UTi

The entire deal was kept under wraps to the extent that Senior Manager of Corporate Communication at DSV, Tina Hindsbo, only started preparing the announcement of the major transaction one week prior, she explains in the latest article in ShippingWatch's series about communication.

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