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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 will provide consolidation of Gymshark's shipments under one forwarder from manufacturers in nine origins to distribution centres in the UK, ... [+]

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 ... [+]

DSV stops all Ukraine activity

Danish-based global forwarder and transporter DSV says it has stopped all activity in Ukraine following the Russian invasion of the country on 24 February. This includes all air traffic to and from the country. It says that Ukraine is an important corridor for air traffic and re-routings are currently taking place. ... [+]

DSV reports profits surge

Danish-based global forwarding and logistics company DSV reported 59% growth in revenue and 71% growth in operating profit for 2021. All three business areas – Air & Sea, Road and Solutions – contributed to the growth. In a year that saw unprecedented  supply chain disruption, DSV acquired Middle East forwarder ... [+]

DSV offers warehouse automation for all

DSV is to invest in a string of 20 automated ‘fulfilment factories across Europe, North America, and Asia Pacific. The multi-user facilities will offer warehouse automation to all sizes of companies across different markets and distribution channels, both B2C and B2B. For many companies – especially small and medium-sized – optimizing ... [+]

DSV opens East Mids hub

DSV has opened a new warehouse, cross-dock and office at Mercia Park in North West Leicestershire. The site includes a 358,000sq ft steel-framed warehouse containing three mezzanine floors and a 112,000sq ft cross-dock terminal, with 104 dock levellers. The large stand-alone office building features a glass lift, wood-panelled walls and a ... [+]

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