Comment / DSV – 'the axe is being sharpened'

ID 39782890 © Kyolshin | Dreamstime.com

Tariffs, a sluggish peak season, shipper procurement requests that add pressure to margins in forwarding, and a share price going nowhere fast – combine all that with a doubling workforce from deal-making and, to paraphrase feedback from Premium sources, the perfect storm for DSV’s workforce is just around the corner.

Unfortunately.

And then…

A second-quarter update that, at the of July, delivered a lot less than the most bullish analysts had expected, adding urgency to act on a bloated cost base that, of course, ...