ShippingWatch

DSV is 800,000 containers short of what it expected from Panalpina acquisition

When DSV acquired Panalpina, CEO Jens Bjørn Andersen proclaimed that the joint company would carry 3 million containers annually. Last year, however, freight volumes ended almost 1 million containers below this prediction. Earnings "weigh the heaviest," says EVP, while stating several reasons for the disparity.

"We will move three million containers a year, and we look forward to that," said Jens Bjørn Andersen on April 1, 2019, the day of acquisition, to ShippingWatch. | Photo: DSV

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