DSV reports double-digit increases in profits in 2018, above market averages

The DSV Group released its annual results for 2018 today, in which the Danish logistics giant reported an impressive growth rate in operating profit, or earnings before interest and taxes (EBIT), of about 12 percent during both the fourth quarter and the full year. EBIT for Q4 was about US$204 million and $829 million for […]
  • Nina Chamlou
  • February 7, 2019

K+N buys ReTrans

Logistics firm Kuehne + Nagel has acquired U.S.-based ReTrans, a non-asset freight brokerage provider. With 68 locations and annual revenues of more than US$500 million, ReTrans specializes in intermodal transportation, as well as full- and less-than-truckload services in the United States and Canada. Detlef Trefzger, CEO of the Kuehne + Nagel Group, said the investment […]
  • Randy Woods
  • July 6, 2015