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 DSV Panalpina. Read more
Project logisticsDSV 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 that DSV would press the pause button on major acquisitions...Read more
Freight forwardingDSV 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 million annually. Read more
AirfreightPRESS RELEASE – DSV has opened a new air cargo service between Shanghai and Huntsville, Alabama in response to the decrease in the daily airfreight capacity as a result of the coronavirus.
Due to the...Read more
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 was a strong year for our company, not least thanks...Read more
Wind logisticsDHL 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 and special project transportation.
Danish media report that about 10 of...Read more
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 simplify Vestas’ global transportation set-up and help the company to...Read more
