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DSV starts CNG trials

DSV has launched a trial of a CNG-fuelled truck in Immingham. If successful, it will help the Danish-owned company to achieve the Science Based Targets set by the DSV Sustainability Board. The Bio-CNG comes from a waste feedstock and is verified and approved by the Department for Transport. The company reports that the vehicle displayed excellent performance  compared to diesel equivalent vehicles on the same routes during the first week ... [+]

DSV delivers ‘solid’ result in tough market

DSV reported gross profit down 15.1% and EBIT earnings by 30.6% in the first nine months of 2023, which the Danish-headquartered forwarding and logistics company described as “solid results” given the challenging market conditions and record earnings achieved last year. The Air & Sea division saw a 35.7% decrease in EBIT ... [+]

DSV signs JV for Saudi mega-scheme

Danish owned forwarder and logistics company DSV has signed a US$10 billion joint venture with the Neom project, builders of a new mega-city in Saudi Arabia. It will focus on providing logistics services for Neom in the coming years, providing supply chain management, development and investment in transport and logistics assets ... [+]

Readhead to develop healthcare for DSV

DSV has appointed Vanessa Readhead as business development director for its UK and Ireland Healthcare division. She brings over 20 years of public and private health sector experience, and was a senior responsible officer for innovation at the NHS. She has previously worked for Unipart, DHL and AAH Pharmaceuticals. [+]

DSV puts all-electric truck through its paces

DSV is evaluating a 16-tonne all-electric medium-duty Volta Zero truck at its southern hub at Purfleet, east London. The Volta Zero will be operating last-mile groupage deliveries in London and the Southeast. It returns a real-world pure electric range of 95–125 miles on a single charge and is anticipated to be ... [+]

DSV earnings droop

DSV reported s gross profit down 11% in its first quarter results, while earnings before special items declined by 28% compared to the strong results for the same period last year. The Air & Sea forwarding division reported a 31% decrease in earnings, due to lower freight volumes compared to ... [+]

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 ... [+]

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 ... [+]

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