Supply Chain Council of European Union | Scceu.org
Transportation

DSV’s Air division profits surge 64% in Q1

Danish forwarder DSV reported a 64% year-over-year increase to USD $653 million (DKK 4.6 billion) in gross-profit airfreight revenues for Q1. DSV’s acquisition of Agility’s Global Integrated Logistics (GIL) unit continues to have a positive impact on earnings, including airfreight. GIL is expected to contribute at least $4 billion to DSV’s total profits once the […]

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