DSV is cautiously optimistic: "People are slowly beginning to consume again"

The Danish logistics group is ”not that depressed” by freight market downturn as those carriers are that own cost-heavy ships, COO says.
”Most consumers have just been saying: ’Oh no. Let’s just see if this television will last a little longer.’ That diminishes consumption,” says Jens Lund, chief operating officer at DSV. | Photo: Pr / Dsv
”Most consumers have just been saying: ’Oh no. Let’s just see if this television will last a little longer.’ That diminishes consumption,” says Jens Lund, chief operating officer at DSV. | Photo: Pr / Dsv

Many economists predict that 2023 will be the year where large parts of the globe will be struck by recession. Still, following the first quarter’s clear drop-off in freight amounts, logistics group DSV is already seeing signs of improvement.

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