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Hapag-Lloyd, DSV Expand Decarbonization Pact

Hapag-Lloyd and DSV have signed a two-year agreement covering 18,000 tonnes of carbon dioxide equivalent, or CO2e, emission reductions as the companies expand their decarbonization partnership in ocean freight. The companies said the framework agreement, to begin in 2026, covers the purchase of Scope 3 greenhouse gas emission reductions generated through the use of sustainable marine fuels in Hapag-Lloyd’s fleet. Under the deal, DSV has contracted 18,000 tonnes of CO2e emission reductions ... [+]

Erni Succeeds Jany as Maersk CFO

Maersk has appointed Robert Erni as chief financial officer and a member of the executive board, succeeding Patrick Jany, who has served in the role for six years. Maersk CEO Vincent Clerc said Erni is a “highly qualified CFO with deep roots in the global logistics sector and a proven track ... [+]

Atlas Air Extends Service with DSV, Etihad Air

Atlas Air Inc., the provider of outsourced aviation logistics, announced new long-term agreements with integrated giant DSV and Etihad Cargo, the logistics arm of UAE’s national airline. Under the agreements, Atlas, a subsidiary of Atlas Air Worldwide, will provide dedicated freighter capacity for the airfreight forwarder and transport and logistics supplier. Under ... [+]

Atlas Air, DSV Agree on Dedicated 777 Freighter

Atlas Air Inc., a subsidiary of Atlas Air Worldwide, the provider of outsourced aviation logistics, announced a new long-term agreement with DSV, to provide dedicated airfreight services for the airfreight forwarder and transport and logistics supplier. Under the agreement, Atlas Air will operate one of its newly delivered 777-200Fs exclusively on ... [+]

EU Greenlights DSV’s $15.8B Schenker Purchase

Danish logistics company DSV has secured EU antitrust approval for its US$15.85 billion acquisition of German rival Schenker, creating what will become the world's biggest logistics company, the European Commission said April 9, Reuters reported. DSV announced the deal for the logistics arm of German state-rail operator Deutsche Bahn in September ... [+]

Union Opposes DB Schenker Sale to DSV

A Deutsche Bahn AG labor union will try to block the agreed €14.3 billion (US$16 billion) sale of subsidiary DB Schenker to Danish freight firm DSV A/S, BNN Bloomberg reported.Staff representatives of the EVG union plan to vote against the deal at a crucial supervisory board meeting of the German ... [+]

DSV Succession Plan Brings Changes

Global freight forwarder DSV reported changes to its executive board and group executive committee, as part of its long-term succession planning.Jens H. Lund, current group COO and vice CEO of DSV A/S, has assumed the role of group CEO, while Jens Bjørn Andersen steps down after more than 15 years ... [+]

DSV reports strong results for 2022

DSV delivered a strong result for 2022, driven by good performance across all our business areas. In 2022, gross profit increased by 33%, while EBIT before special items grew by 48% and adjusted free cash flow more than doubled compared to 2021.  Air & Sea achieved a 53% increase in EBIT ... [+]

DSV recognition for AFCOM

Afcom Cargo, an International dedicated cargo airline headquartered in Chennai, has been recognized as “Valuable Business Partner” in Southern region by DSV Air & Sea Private Limited, a global transport and logistics company. Kochat Narendran, COO, Afcom Holdings Private Limited received the prestigious award on behalf of his organization from Pratul ... [+]

DSV to become world’s largest forwarder with Agility acquisition

Agility and DSV have reached an agreement that DSV will acquire Agility's stand-alone GIL business in an all-share transaction. DSV will issue 19,304,348 shares, representing approximately 8.0% of all post-transaction outstanding shares of DSV. Based on the DSV share closing price of DKK 1,299.5, and an exchange rate of DKK ... [+]

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