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DSV third-quarter profit up 19.5% on Schenker integration

Original: DSV 3Q profit rises 19.5% as Schenker integration lifts earnings

Danish freight forwarder DSV reported a 19.5% rise in third-quarter profit, with the integration of acquired German logistics group Schenker lifting earnings. The results indicate the deal, one of the largest in the transport and logistics sector, is starting to deliver the cost savings and synergies investors expected.

Why now: Investors and logistics industry watchers are reacting to DSV's latest quarterly results showing the Schenker acquisition is boosting earnings.

DSVSchenkerFreightWaves

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