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DSV data to electrify road freight

DSV is participating in a project that might one day make it possible for electric trucks to recharge while driving, using an overhead contact line. The Danish-owned forwarder is taking part in the ELISA eHighway scheme in Frankfurt, Germany to test the concept. Overhead electric wires will give on on-the-go charging and make electric trucks a feasible long distance freight mode, it says. DSV is supplying data for the project as ... [+]

DSV posts one-third profit increase

Danish-based forwarding and logistics company DSV says it delivered a strong result in 2022, driven by good performance across all business areas. Gross profit increased by 33%, while EBIT before special items grew by 48% and adjusted free cash flow more than doubled compared to 2021.   The Air & Sea forwarding ... [+]

DSV starts trailer refurbishment drive

Forwarding and logistics company DSV has launched an initiative to refurbish rather than replace its trailers. In 2023, it will start by doubling the life of 1,100 trailers in its own workshops in collaboration with equipment service provider TIP Group. Typically, DSV uses a trailer for approximately five years before ... [+]

DSV opens Northampton warehouse

DSV has opened a 380,000sq ft temperature-controlled warehouse in Northampton. The BREEAM ‘Outstanding’-certified building will be one of the largest in the logistics and forwarding company’s Midlands portfolio and will significantly increase its UK footprint. It will incorporate DSV Solutions UK’s largest GDP-compliant temperature-controlled solution for large and small healthcare companies ... [+]

DSV signs global deal with Gymshark

British fitness community and apparel brand, Gymshark, has signed a strategic partnership with forwarding and logistics operator DSV for international multimodal transport. Established in the UK in 2012, Gymshark has seen rapid growth in recent years and npow has sales of around £480m in over 180 countries. The strategic partnership with DSV ... [+]

Strong Q3 for DSV

Danish-owned forwarding, logistics and transport group DSV reported strong results in the third quarter of 2022,. In the first nine months of the year, gross profit grew by 50%, while earnings before interest and tax before special items grew 75%. Its Air & Sea forwarding arm  achieved an 81% increase ... [+]

DSV doubles forwarding earnings

DSV says its Air & Sea forwarding division achieved a 105% increase in EBIT earnings in the first half of 2022 amid strong half-year results in all divisions and regions. Gross profit grew 61% in the first half of 2022 compared to the first half of 2021, supported by the ... [+]

DSV to test offshore drones

Logistics company DSV and Danish energy company Ørsted are to test long-distance drone transport of spare parts and tools for offshore wind farms in the Kattegat Sea. Technicians bring their tools and the components most often needed for the wind turbines, but if special spare parts are needed, they must go ... [+]

Growth across the board for DSV

DSV reported strong results in the first quarter of 2022 with gross profit growing 61% to DKK 12,877 million while EBIT earnings before special items more than doubled compared to the same period last year. The Air & Sea division reported an EBIT growth of 109%, while the Road division steered ... [+]

DSV opens giant new Copenhagen warehouse

DSV has opened a 95,000sq m warehouse and office premises near Copenhagen. Together with DSV's other buildings in Hedehusene, it forms part of one of the largest logistics centres in the Nordic Region, with 231,500sq m of space due to open by the end of 2022. The forwarder says that ... [+]

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