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DSV emerges as largest global forwarder

TIER 5   Wed, 18 Sep 2024 23:01:28 +1000

Logistics briefing provides industry news & briefs written by expert researchers & analysts. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  
  
Logistics briefing provides industry news & briefs written by expert researchers & analysts. **Wednesday 18th September 2024**

# **DSV snaps up Schenker for EUR14.3bn, reshapes logistics landscape**

By Paul Chapman, TiDSV has signed an agreement to acquire Schenker from Deutsche Bahn, with the deal valued at EUR14.3bn. Based on 2023 numbers, the combined company will have an expected revenue of EUR39.3bn, with nearly 150,000 employees across more than 90 countries. Read brief     **_Kirsty Adams_**  
Logistics Briefing Editor The Schenker acquisition has spored some juicy **market share estimates**.DSV - now the largest forwarder by some margin - will have freight forwarding revenues of EUR 21 billion with an 11.1% global market share, based on revenue. (For more market size data visit **GSCi**)Our Chief Analyst Thomas Cullen says DSV has demonstrated on a string of acquisitions that it is extraordinarily good at absorbing other organisations. "It is likely that DSV will become one of the world's leading logistics service providers." Read more from Thomas **here**.PS: Don't forget our special subscription offer. Readers of Logistics Briefing receive 10 per cent off Ti reports. Visit our **reports page**  and use the following discount code **'LBSUBS10'**. _Click here  to forward to a friend._ Emailed this by a friend? Sign up here.   | 

# **Analysis: Deutsche Bahn finally sells Schenker**

By Thomas Cullen, TiAfter years of speculation and discussion, the German state railway has finally agreed to sell Schenker. Contrary to press speculation, the purchaser is Danish freight forwarding, road freight and contract logistics company, DSV. **_Read more here._**

# **Box lines eye China-Chittagong route as Bangladesh-India relations sour**

By The LoadstarFollowing a low in political relations between Bangladesh and India - after the ousting of the former's government last month - shipping lines have stepped in to offer new routes and capacity out of China. **_Read more here._**  
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