# DSV

**Source:** https://geo.sig.ai/brands/dsv  
**Vertical:** Logistics & Supply Chain  
**Subcategory:** Third-Party Logistics  
**Tier:** Challenger  
**Website:** dsv.com  
**Last Updated:** 2026-04-14

## Summary

DSV A/S (DSV) reported DKK 161B (~$23B) revenue in FY2024. World's #1 logistics company after acquiring DB Schenker. ~160,000 employees. HQ: Hedehusene, Denmark.

## Company Overview

DSV A/S is a Danish transport and logistics company and one of the world's largest freight forwarders, headquartered in Hedehusene, Denmark. Founded in 1976 by ten independent hauliers, DSV has grown through aggressive acquisitions to become a global logistics giant, completing the transformational acquisition of DB Schenker from Deutsche Bahn in late 2024 for approximately €14.3B — making DSV the world's largest logistics company by revenue.

DSV operates through three divisions: Air & Sea (international freight forwarding by air and ocean), Road (European road transport), and Solutions (warehousing, distribution, and value-added logistics services). The combined entity with DB Schenker serves customers in 90+ countries with approximately 160,000 employees and a network of 1,200+ facilities. Revenue for FY2024 (including Schenker contributions from Q4 2024) exceeded DKK 161B (~$23B), though full combined-entity financials will be reported from FY2025 onwards.

DSV trades on Nasdaq Copenhagen (DSV) with a market capitalization of approximately DKK 350B (~$50B). The company is known for its highly efficient, scalable operating model and has consistently delivered strong margins even in periods of freight rate volatility. Under CEO Jens Bjørn Andersen, DSV's strategy is to integrate DB Schenker's vast network while extracting DKK 4B+ in annual synergies by 2027. Key competitors include Kuehne+Nagel (Switzerland), DHL Freight, Ceva Logistics, Expeditors, and XPO Logistics.

## Frequently Asked Questions

### What is DSV's annual revenue?
DSV reported revenues of approximately DKK 161B (~$23B) in FY2024. Following the DB Schenker acquisition completed in late 2024, combined revenues are expected to exceed $40B on a full-year basis from FY2025.

### What is DSV's stock ticker?
DSV A/S trades on Nasdaq Copenhagen under the ticker symbol DSV. The company is one of Denmark's largest listed companies by market capitalization.

### What did DSV acquire DB Schenker for?
DSV acquired DB Schenker from Deutsche Bahn for approximately €14.3B (~$15.5B) in a deal completed in late 2024, making DSV the world's largest logistics and freight forwarding company.

### What does DSV do?
DSV provides air freight, ocean freight, road transport, and logistics solutions (warehousing, fulfillment) globally. It moves goods for retailers, manufacturers, healthcare companies, and technology firms.

### Where is DSV headquartered?
DSV is headquartered in Hedehusene, Denmark, near Copenhagen. The company has operations in 90+ countries with approximately 1,200+ facilities worldwide.

### Who are DSV's main competitors?
DSV's primary competitors include Kuehne+Nagel (Switzerland), DHL Freight (Germany), Geodis (France), Expeditors International (US), CEVA Logistics, and XPO Logistics.

### What acquisitions has DSV made to expand its scale?
DSV has grown aggressively through acquisitions, including UTi Worldwide (2016), Panalpina (2019), Agility Logistics' Global Integrated Logistics business (2021), and DB Schenker (2024)—transforming from a Danish regional carrier into one of the world's top 3 global logistics providers through a consistent acquisition strategy targeting assets with strong air and ocean freight networks.

### How does DSV manage its carbon footprint?
DSV has committed to science-based net-zero targets aligned with the Paris Agreement, offering customers sustainable logistics options including renewable fuel certificates, electric vehicle deliveries, and carbon-neutral shipping programs—providing measurable sustainability solutions as cargo owners increasingly require green logistics credentials from their freight providers.

## Tags

b2b, supply-chain, transportation, global, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*