'Brainless' pairs trade: long DSV, short Mærsk?
Let’s look
DSV is to pass on rising haulage costs to its customers, but has downplayed suggestions it has been significantly affected by the shortage of drivers.
Road accounts for more than 20% of DSV’s revenue and has seen 12.4% growth in the year to date.
It recorded revenue of Dkr1.74bn ($272m) in the third quarter and ebit of Dkr465m, saying its position as a market leader had helped it secure road capacity, although rates are rising.
But CEO Jens Bjørn Andersen acknowledges that Europe ...
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