Agility completes freight forwarding unit sale to DSV
Agility, a supply chain services, innovation and investment major, has completed the $4.6 billion sale of its freight forwarding unit Global Integrated Logistics (GIL) to…
Project logistics
DSV acquires Agility for 3.5 billion euros
DSV has acquired the Kuwaiti freight forwarder Agility Global Integrated Logistics (GIL) for 3.5 billion euros. The takeover comes as a surprise. It was expected…
Freight forwarding
DSV Panalpina cuts 3,000 jobs in pandemic response
DSV Panalpina is cutting 3,000 jobs as part of a cost-cutting exercise sparked by Covid-19. The freight forwarder wants to reduce costs by EUR 190…
Airfreight
DSV opens cargo air bridge between US and China
PRESS RELEASE – DSV has opened a new air cargo service between Shanghai and Huntsville, Alabama in response to the decrease in the daily airfreight…
DSV Panalpina books operating profit of nearly USD 1 billion
Freight forwarder DSV Panalpina has achieved an operating profit of nearly USD 1 billion in 2019, up 22% in comparison with the year before. “2019…
Wind logistics
DHL axes jobs following Vestas’ logistics deal with DSV Panalpina
DHL Freight has laid off employees in Denmark following Vestas’ exclusive deal with DSV Panalpina to execute and manage all of the manufacturer’s general freight…
DSV Panalpina signs major project logistics deal with Vestas
DSV Panalpina has signed a major logistics agreement with Vestas to execute and manage its general freight and special project transportation. The partnership aims to…