While container carriers have been struggling on the key string between Asia and Northern Europe in recent years, things are looking significantly better for the transport and logistics companies, who transport cargo between the two global hubs. And this includes Danish DSV, which was able to announce an eight percent overall increase in sea freight in the company's 3rd quarter interim report.
On the one hand, DSV has benefited from the decreasing rates, which obviously make it cheaper to ship a twenty-foot container from Rotterdam to Shanghai. On the other hand, DSV has now reached a size that enables the group to negotiate solid discounts with the major container carriers, such as MSC, CMA CGM, and Maersk Line, CEO Jens Bjørn Andersen tells ShippingWatch.
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