Post Tagged with: "DSV"

DSV begins operating Primark’s new Netherlands logistics center

DSV begins operating Primark’s new Netherlands logistics center

January 23, 2017 at 5:57 pm 0 comments

Transport and logistics company DSV has started operating Primark’s new Netherlands logistics center. The 65,000-square-meter warehouse, located in Roosendaal, runs on Primark’s Warehouse Management System, and processes carton and garment on hanger (GOH) outbound orders to supply Primark stores throughout France and Italy. “This go-live is an important step,” saidRead More

Power 25: Three to watch for next year

Power 25: Three to watch for next year

May 26, 2016 at 1:31 pm 0 comments

APEX logistics Founded in 2003, privately-held, China-based APEX Logistics fell just short of making the Power 25 list this year – its 188,000 annual tonnes of airfreight places it at No. 26 on the list – but the young company plans to make a larger dent in the market in 2016.Read More

DSV’s UTi acquisition boosts airfreight, but drags on profit

DSV’s UTi acquisition boosts airfreight, but drags on profit

May 12, 2016 at 5:26 pm 0 comments

Although DSV’s acquisition of UTi has yet to pay significant dividends, as net profit dropped 45.4 percent year-over-year, to US$49 million for the first quarter of 2016, the company’s airfreight operations reported significant growth. Airfreight volumes for DSV soared 71 percent to 122,817 tonnes during the same period. Much ofRead More

Turkish Cargo sets sights on North America

Turkish Cargo sets sights on North America

February 29, 2016 at 6:44 pm 0 comments

Cargo, American-style Turkish first dipped its toe into North American waters in the 1990s, first by operating charter flights to the continent. “This enabled us to observe the market before the start of our scheduled flights,” Anlatan said. “Therefore, we did not face any problems when we got into theRead More

DSV’s 2015 ended on a high note

DSV’s 2015 ended on a high note

February 15, 2016 at 6:26 pm 0 comments

According to CEO Jens Bjørn Andersen 2015 was a good year for DSV, one of the first major logistics companies to report financial data for the full year. Andersen said DSV gained market share across all business segments, delivering strong growth in earnings and cash flow. Net revenue of US$7.7Read More

DSV and UTi – a done deal

DSV and UTi – a done deal

January 22, 2016 at 6:48 pm 0 comments

On its second attempt to buy U.S.-based UTi Worldwide, Danish transport company DSV has been successful. The last hurdle was South African antitrust approval, which was obtained this week. Jens Bjørn Andersen, CEO of DSV welcomed UTi employees into the fold. The commercial activities of the company will move forwardRead More

DHL agrees to $53 million settlement in class action

DHL agrees to $53 million settlement in class action

January 5, 2016 at 7:01 pm 0 comments

A scheme to inflate and maintain freight forwarding surcharges that began shortly after the 9/11 terrorist attacks, and continued until January 2011, has led DHL Global Forwarding (DHLGF, the forwarding arm of Deutsche Post-DHL) to agree to pay a US$53 million settlement in a class action lawsuit that was filedRead More

Photo: SEES media, Ulrik M. Eriksen

Next generation of DSV forwarders hits the books

December 17, 2015 at 11:08 pm 0 comments

With an eye toward strengthening not only its future but also that of the entire industry, freight forwarder DSV recruited 18 young students (pictured) from all over the world to work at the company as “junior freight forwarders,” receiving on-the-job training for the next two years. Chosen from the U.K,,Read More