DSV steers clear of container storm

Fluctuating container rates opens new opportunities for transport giant DSV, which makes more money per transported container than it did a year ago, says CEO Jens Bjørn Andersen.

Photo: Gorm Olesen/POLFOTO

Freight rates are falling, container ships are removed from the oceans, and all the while DSV has made more money per twenty-foot container (teu) in the third quarter of 2015 than it did a year ago.

"When rates fluctuate, opportunities arise in the market which an asset light player can benefit from," DSV's CEO, Jens Bjørn Andersen, tells ShippingWatch on the day when the Danish freight giant posted its Q3 report.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs