DSV CEO calls Maersk and MSC's entry into logistics "inconsequential"

It won't affect DSV that major container lines are gathering to buy up companies and create their own logistics business, says DSV CEO Jens Bjørn Andersen in an interview with ShippingWatch.

"The market is enormous, so there's enough for everyone," Jens Bjørn Andersen tells ShippingWatch. | Photo: Bidstrup Stine/Ritzau Scanpix

DSV Chief Executive Jens Bjørn Andersen uses the word "inconsequential" to describe the impact on the Danish logistics company from global container carriers making large acquisitions and establishing themselves in the logistics sector.

There was some consequence, however, to French carrier CMA CGM running off with logistics firm Ceva in 2019 under the nose of DSV, just as Maersk in October last year snagged a large part of the exclusive deal that DSV had bagged with wind turbine manufacturer Vestas. A deal that reportedly has a magnitude in the billions of kroner.

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