Comment / DSV staff on the radar – from Panalpina to a painful cycle

ID 140863815 © Supawat Kaydeesud | Dreamstime.com

You probably remember the noise that followed the closing of DSV’s $5bn-plus acquisition of Panalpina four years ago, with the Danish forwarder’s detractors moaning that DSV would struggle, to say the least, to retain the business that the Swiss 3PL had on its books.

DSV often countered in public that it didn’t need certain volumes. That it was better for the firm, growing fast inorganically, to focus on profitable cargo instead of acting as middleman for all possible shipments that needed ...