DSV

What DSV does

DSV A/S is a Danish-headquartered, publicly listed global transport and logistics company (Nasdaq Copenhagen: DSV; OTC: DSDVY), founded in 1976 and operating across 90+ countries with ~150,000 employees, 3,000+ offices and logistics facilities, 17M+ m² of contract logistics space, 50,000+ daily trucks, and annual volumes of ~4.5M TEUs and ~2.4M tonnes of air freight. Following the April 2025 EUR 14.3 billion acquisition of DB Schenker, DSV became the world's largest freight forwarder and added the May 2026 acquisition of Agility's Global Integrated Logistics business, with management's 'Leverage to Lead' strategy targeting DKK 18 billion of combined synergies and AI/tech productivity by 2030 at ~45% conversion ratio and ~20% pre-tax ROIC.

The company runs three core operating divisions — Air & Sea, Road, and Contract Logistics — augmented by specialized offerings including the proprietary AIR Direct in-house flight network, Air ThermoDirect (GxP/GDP-compliant pharma cold chain), AIR Skybridge (multimodal air-sea), AIR Time Critical, Global Projects & Industry Solutions for heavy-lift/project cargo, and a Decarbonising Logistics practice. The technology platform layers myDSV (customer self-service), eVisibility (warehouse dashboards), SCMS control towers, and API/EDI integrations on top of a TMS estate that is migrating from CargoWise to DB Schenker's Tango. Emerging digital/automation initiatives include ~100 Exotec Skypod robots at the Venlo warehouse, the Dallas–Houston autonomous trucking corridor with Volvo Autonomous Solutions and Aurora Innovation, and SAF/biofuel partnerships with United Airlines, Microsoft, Phillips 66, and Hapag-Lloyd.

DSV earns revenue primarily through transaction fees (per-shipment/per-TEU/per-kg on air, sea, and road freight) supplemented by managed-services contract logistics (warehousing, distribution, value-added services) and project-based logistics for industrial clients. Customers are predominantly large enterprise multinationals across healthcare/pharma, automotive, technology, consumer, industrial/energy, and events — with named logos including Elizabeth Arden, Under Armour, Mölnlycke, VELUX, Capri Holdings, ORLEN, and NIO. Q1 2026 revenue reached DKK 70,416 million (+74.7% YoY) with EBIT before special items of DKK 4,855 million (+31.2% YoY); full-year 2026 EBIT guidance is DKK 23.0–25.5 billion, supported by Schenker synergies and ongoing geographic and technology expansion.

Name

DSV

Legal name

DSV A/S

Website

https://dsv.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

DSV A/S is the world's largest freight forwarder, providing multi-modal air, sea, road, and contract logistics services across 90+ countries for enterprise multinationals in healthcare, automotive, technology, consumer, and industrial sectors.

Ownership category

akta.pro rank

Product category

Freight Forwarding and Logistics Services

NAICS

Nonscheduled Air Transportation (4812)

SIC

Trucking (No Local) (4213)

akta.pro primary industry

Door-to-Door Integrated Multimodal (DDP/DDU) Forwarding (TLACAEAI)

Keywords

• Freight forwarding services
• Contract logistics warehousing
• Air and sea freight
• Supply chain management
• Road transport services

Headquarters

HQ city

Hedehusene

HQ country

Denmark

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Air Freight: DSV provides global air freight forwarding services including part charter, on-board courier, consolidation, back-to-back, and full charter air freight. Revenue is generated through freight rates charged per shipment/kilogram plus accessorial charges. DSV operates its own AIR Direct network providing dedicated capacity.
2. Sea Freight: DSV handles full container load (FCL), less-than-container load (LCL), and buyer's consolidation sea freight services globally. Revenue is derived from container rates and handling fees per TEU.
3. Road Freight: DSV provides road freight services across more than 55 countries, including groupage (up to 2,500 kg) and direct freight (beyond 2,500 kg), as well as specialized transport. Revenue is generated per shipment or per kilogram/mile.
4. Contract Logistics: DSV provides warehousing, distribution, and value-added logistics services through hundreds of logistics facilities totaling over 17 million m². Revenue is generated through long-term warehousing contracts, per-unit handling fees, and customized logistics solutions. North American road freight and warehousing activity remains solid.
5. Project Logistics: DSV handles complex, oversized, and heavy-lift cargo movements for industrial sectors including oil & gas, renewable energy, mining, and infrastructure. Services include project freight management, chartering, transport engineering, and multimodal transport. Revenue is project-based.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

DSV is a global transport and logistics company that arranges and operates freight forwarding across air, sea, road, and rail, alongside contract logistics (warehousing, distribution, value-added services) and project logistics for complex industrial cargo. It sells these services primarily to enterprise and multinational customers through direct sales, complemented by the myDSV digital platform for self-service booking, tracking, and document access, and by SCMS control towers for end-to-end supply chain management. Post-Schenker acquisition, DSV runs three operating divisions (Air & Sea, Road, Contract Logistics) and is developing proprietary AI and technology capabilities to drive productivity.

Product overview

DSV operates as a global transport and logistics company with three main divisions: Air & Sea, Road, and Contract Logistics. The company offers a unified platform approach combining physical logistics services with digital solutions. Key products include myDSV (central booking and tracking platform), eVisibility (warehouse operations), Visibility Services (shipment monitoring), Supply Chain Management Services (SCMS control towers), and API/EDI connectivity for system integration. Transport services span air freight (AIR Direct, AIR Skybridge, AIR Time Critical, Air ThermoDirect for pharma), sea freight (FCL, LCL, break bulk), road transport (groupage, direct freight, specialized), and project logistics. The digital ecosystem enables real-time tracking, warehouse visibility, and supply chain orchestration, while sustainability services support decarbonization. The company serves diverse industries including Automotive, Technology, Healthcare, Industrial, Consumer, and Aerospace.

Differentiator

Problem solved

Functional benefit

Brands

• myDSV: Digital platform for booking, tracking, and managing shipments
• Air ThermoDirect
• AirDirect
• Air Skybridge
• Air Time Critical
• eVisibility
• SCMS
• Global Projects & Industry Solutions
• DSV Driver App

Products and services

• AIR Direct In-house flight operation providing synchronized and optimized air cargo supply chain with global reach and vast capacity 24/7/365, using a hub-and-spoke approach with scheduled routes across Asia-Pacific, Americas, and Europe for time-critical and temperature-sensitive shipments.
• AIR Skybridge Multimodal air freight solution combining the reliability of air freight with the cost-efficiency of ocean freight, delivering up to 30-40% cost savings versus standard air freight, transit times more than three weeks faster than standard ocean freight, and up to 50% lower CO2 emissions.
• AIR Time Critical Premium time-critical air freight service operating 24/7/365 with charter, on-board courier (OBC), and Next Flight Out (NFO) options for urgent deliveries worldwide.
• Air ThermoDirect End-to-end temperature-controlled pharmaceutical logistics service providing cold-chain coverage with GxP compliance, real-time monitoring, and phase change materials for 2-8°C shipments, achieving 100% thermal compliance and zero product loss on key transatlantic lanes.
• Sea Freight Services Comprehensive sea freight services including Full Container Load (FCL), Less-than-Container Load (LCL), break bulk, and buyer's consolidation with global port coverage.
• Road Transport Global road freight services in more than 55 countries offering groupage (up to 2,500 kg), direct freight (beyond 2,500 kg), and specialized transport with real-time digital tracking, supported by over 50,000 trucks daily across Europe, North America, and Africa.
• Project Logistics Global project logistics services for complex industrial cargo including heavy-lift, oversized cargo, and multimodal transport with specialized teams across more than 80 countries serving oil & gas, mining, renewable energy, and heavy industry customers.
• Contract Logistics Warehousing and distribution services with hundreds of logistics facilities comprising more than 17 million m² globally, offering tailored solutions for various industry sectors.
• Decarbonising Logistics Sustainability services including CO2 reporting, supply chain optimization, sustainable fuel offerings, and emission compensation to support customers' decarbonization strategies.
• myDSV Digital Platform Central digital logistics platform enabling customers to book, track, and manage all air, sea, and road shipments through a single interface with fast self-service booking, quote request, and document access.
• DSV Visibility Services Real-time tracking and monitoring services for shipments around the clock, from standard tracking to sensitive cargo monitoring with real-time alerts for high-value, temperature-sensitive, or time-critical cargo.
• Supply Chain Management Services (SCMS) End-to-end supply chain visibility and control platform with real-time exception management, predictive insights, and specialized control towers for managing supply chains across teams, partners, and time zones.
• DSV API and EDI Connectivity Integration solutions enabling automated bookings, tracking, label printing, and document exchange through API and EDI protocols for real-time flexibility or structured data flows with customer systems.

Quantifiable outcome

• DSV delivered a 554-tonne petrochemical concentration tower and a 286-tonne C4 column from China to Poland via Gdańsk, successfully timing the inland waterway transport stage before spring thaw levels dropped, avoiding a delay to 2027.
• +4 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered significant, core, emerging and established.

• ExotecsignificantTechnology or Integration · 11 June 2026DSV partnered with Exotec, a warehouse robotics specialist, to install approximately 100 Skypod autonomous robots at its logistics centre in Venlo, Netherlands. The goods-to-person system manages roughly 90,000 bins and trays and includes a mezzanine level for processing returns, designed to increase operational efficiency, flexibility, and scalability while reducing costs and maintaining service levels during peak periods.
• Volvo Autonomous SolutionscoreStrategic or Co-development Partner · 13 May 2026Volvo Autonomous Solutions and DSV launched commercial autonomous freight operations in Texas on May 13, 2026, deploying Volvo VNL Autonomous trucks on a Dallas-to-Houston depot-to-depot route. The collaboration integrates Aurora Innovation's Driver self-driving system and aims to address driver shortages, improve safety, and enable 24/7 operations, with plans to expand to additional lanes. The initiative represents a major step in DSV's digital transformation in North America.
• Aurora InnovationcoreTechnology or Integration · 13 May 2026Aurora Innovation's Driver autonomous driving system is integrated into Volvo VNL Autonomous trucks used in the DSV-Volvo Autonomous Solutions commercial freight corridor in Texas. Aurora provides the self-driving technology enabling driverless operations between Dallas and Houston terminals. DSV is one of Aurora's committed customers in its 'Driver-as-a-Service' model.
• United AirlinessignificantStrategic or Co-development Partner · 15 April 2026DSV partnered with United Airlines, Microsoft, and Phillips 66 to unlock up to 11 million gallons (41.6 million litres) of sustainable aviation fuel. United Airlines physically uses the fuel while DSV and Microsoft participate through a book-and-claim methodology. The agreement is the largest contracted SAF supply agreement with a single customer in United Airlines' Eco-Skies Alliance program history, expected to reduce lifecycle GHG emissions by approximately 100,000 tonnes.
• MicrosoftsignificantStrategic or Co-development Partner · 15 April 2026Microsoft participates alongside DSV in the United Airlines sustainable aviation fuel book-and-claim program, enabling verified emissions reductions to be allocated transparently and tracked through ISCC certification and the SAFc Registry. The partnership demonstrates Microsoft's role in DSV's sustainability ecosystem.
• Phillips 66significantStrategic or Co-development Partner · 15 April 2026Phillips 66 supplies up to 11 million gallons (41.6 million litres) of sustainable aviation fuel to United Airlines, with DSV and Microsoft claiming verified emissions reductions through a book-and-claim model. The deal supports DSV's decarbonization strategy.
• Hapag-LloydsignificantStrategic or Co-development Partner · 24 February 2026Hapag-Lloyd and DSV signed a two-year Ship Green framework agreement commencing in 2026 for the purchase of 18,000 tonnes of CO₂e Scope 3 emission reductions through sustainable marine fuels. The agreement uses second-generation biofuels from waste- and residue-based feedstocks and a book-and-claim chain-of-custody mechanism. Both companies have net-zero targets — Hapag-Lloyd by 2045 and DSV by 2050.
• NIOemergingStrategic or Co-development PartnerDSV and electric vehicle manufacturer NIO established a deep strategic partnership at NIO's advanced manufacturing plant in Hefei, China on March 21, 2026. DSV provides end-to-end professional logistics operation services including material receipt to production line delivery, digital management system integration, and professional equipment maintenance management. The collaboration represents DSV's strategic deployment in intelligent EV industry logistics.
• Arcapita's LintarasignificantStrategic or Co-development PartnerDSV's 30,000 sqm logistics warehouse in Dubai's Jebel Ali Free Zone was developed in partnership with Arcapita's Lintara. The facility features sustainable, high-specification design and advanced construction methodologies to strengthen DSV's logistics capacity in the GCC region.
• VELUXestablishedStrategic or Co-development PartnerDSV collaborates with VELUX on logistics and manufacturing strategies, streamlining supply chains, manufacturing, and global distribution. DSV manages logistics for VELUX's specialized factories across multiple countries ensuring on-time delivery and quality transparency.

Scale indicators17 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Expeditors International: US-headquartered asset-light international freight forwarder with air and ocean forwarding plus customs services — direct competitor in forwarding with comparable B2B mid-market and enterprise customer base.
• C.H. Robinson Worldwide: US-headquartered global freight forwarder and 3PL with North American truck brokerage strength — competes with DSV Road in North America and overlaps in cross-border air/sea forwarding for enterprise shippers.
• Hellmann Worldwide Logistics: German family-owned global freight forwarder with strong air, sea, and road operations across 60+ countries — direct competitor in European road and global forwarding, particularly post-Schenker integration.
• Kuehne + Nagel: Swiss-headquartered global freight forwarder offering air, sea, road, and contract logistics. Most direct competitor to DSV across multimodal forwarding with similar enterprise-customer focus and global network footprint.
• CEVA Logistics: France-headquartered global 3PL and contract logistics provider owned by CMA CGM — competes with DSV in contract logistics/warehousing and cross-border forwarding, especially for retail and consumer customers.

Regional players

• Sinotrans: China-headquartered state-affiliated logistics group providing freight forwarding, contract logistics, and e-commerce fulfillment — competes with DSV primarily in Asia-Pacific cross-border trade lanes.
• XPO (now part of RXO): US-focused asset-based truck brokerage and last-mile delivery provider — overlaps with DSV Road in North America freight forwarding and contract logistics for large shippers.

Broad incumbents

• A.P. Moller - Maersk: Danish-headquartered integrated container logistics company offering ocean, inland, and contract logistics — increasingly overlaps with DSV on door-to-door multimodal forwarding and end-to-end supply chain management.
• Deutsche Post DHL Group: Largest incumbent logistics group globally with DHL Supply Chain, DHL Global Forwarding, DHL Express, and DHL eCommerce — competes with DSV across all modes plus parcel and express, with broader product portfolio and incumbency advantage.

Others

• Gartner (now part of Kuehne+Nagel): Previously independent US-headquartered intermodal and supply chain advisory (acquired by Kuehne+Nagel in 2024) — historically an advisor and benchmark for DSV's enterprise logistics customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dsv_as
• YouTubeyoutube.com/@DSV_global
• Facebookfacebook.com/590948417689302
• LinkedInlinkedin.com/company/dsv
• Instagraminstagram.com/dsv_global

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSV