DSV wraps up record 2017, confirms M&A plans

Last year’s capacity crunch in airfreight pushed fourth-quarter operating profits for Denmark-based transport and logistics company DSV up by 28.7 percent, year-over-year, to US$196 million, rounding out the full-year’s group operating profits, before special items, to $801 million, up 42.5 percent, y-o-y. While business certainly picked up last year – growth in airfreight increasing 10.6 […]

Blown Away: Reconnecting broken supply chains

On a Tuesday in Mexico City, employees at DSV Air & Sea, S.A. de C.V. were in the middle of a normal workday in the head office when a 7.1-magnitude earthquake struck, killing more than 350 people. “People were scared, running in the street,” said Torge Koehnke, vice president for Latin America with DSV Air […]