Reported 26 days ago
DSV, a Danish logistics company that began with just 10 truckers in 1976, is on the verge of becoming the largest logistics firm globally after agreeing to acquire Schenker for €14.3 billion. This acquisition will boost DSV's workforce to 147,000 and revenue to approximately $43.52 billion, surpassing competitors like DHL Logistics and Kuehne und Nagel in volume and revenue. The expansion stems from a series of strategic acquisitions aimed at solidifying its market position in a highly fragmented global logistics industry.
Source: YAHOO