DSV to become world's biggest logistics company with Schenker acquisition Deal financed through equity raising and debt financing DSV to cut up to 1,900 Schenker jobs in Germany COPENHAGEN/BERLIN ...

(Bloomberg) -- DSV A/S agreed to buy a Deutsche Bahn AG unit in a €14.3 billion ($15.9 billion) deal that will turn the Danish company into one of the world’s largest logistics businesses.

Danish logistics company DSV said it would buy Deutsche Bahn’s logistics arm for more than $12 billion in cash, winning a monthslong global bidding competition that saw sovereign-wealth funds ...

Danish logistics company DSV A/S has agreed to purchase DB Schenker, a unit of Deutsche Bahn AG, in a $15.9 billion deal that will catapult DSV into one of the world’s largest freight forwarding ...

Following its acquisition of DB Schenker, DSV is the largest freight forwarder globally. Sea and airfreight is its largest division, contributing 60% of group revenue. The freight forwarding ...

COPENHAGEN (Reuters) - DSV is on the verge of becoming the world's biggest logistics firm after agreeing to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 ...

Measured against 2023 revenues, DSV was the third-largest provider of third-party logistics services and Schenker was ranking a spot below it. The combined business becomes the world's largest ...

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea ...

Global logistics firm DSV placed an order for 300 fully electric semi trucks from Volvo Trucks. The deal is one of the largest such orders placed so far, and gives DSV one of the largest electric ...

The $10 billion joint venture between Denmark’s freight company DSV A/S and Saudi Arabia’s desert project Neom has been delayed due to missing regulatory approvals. The partnership ...

DSV has expanded its partnership with UNICEF to enhance emergency support for children worldwide. This collaboration will increase the number of ...

“We are excited to open this state-of-the-art warehouse facility here in beautiful New Albany in Central Ohio,” said Josh Summers, Executive Vice President of DSV Contract Logistics North America.