Overview
DSV is a Danish transport and logistics group headquartered in Hedehusene that ranked second on Armstrong & Associates’ 2026 list of global third-party logistics providers, with 2025 gross logistics revenue of US$37.4 billion, and first (tied with Kuehne+Nagel) on A&A’s 2026 global freight forwarders list[1][2]. Forbes’ 2026 Global 2000 lists it with sales of US$42.8 billion and 151,751 employees[4].
The defining event in DSV’s recent history is the acquisition of Schenker from Deutsche Bahn. DSV announced completion on 30 April 2025, in a deal valued at about DKK 106.7 billion (approximately €14.3 billion), and consolidated Schenker from 1 May 2025. The combined group had pro forma revenue of about DKK 310 billion and close to 160,000 employees in more than 90 countries[5]. The deal roughly doubled DSV’s size and added Schenker’s land-transport and contract-logistics operations to DSV’s air and sea forwarding business[5].
For shippers, DSV’s scale gives it buying power with airlines and ocean carriers and a dense European road network inherited from Schenker. The integration of two large networks, staff and IT systems is the main operational risk customers have had to manage through 2025 and 2026. DSV does not publish rates; all services are quoted.
DSV features
- Air and sea freight forwarding
- European road groupage and full loads
- Contract logistics and warehousing
- Customs brokerage
- Project and industrial logistics
- Air freight forwarding
- Sea freight forwarding
- European road network (including former Schenker)
DSV pricing
Quote-based per shipment or by tender.
DSV strengths and limitations
Strengths
- Very large global network after Schenker
- Strong European road network
- Proven acquisition integration record
- Audited listed-company reporting
- Top-ranked forwarder by A&A 2026
- Expanded European land network via Schenker
Limitations
- Integration changes systems and contacts in 2026
- Sea freight margins under pressure
- Large-scale processes can suit small shippers less
- High integration costs in 2025–2026
- Integration of Schenker ongoing
- Quote-only pricing
Appears in
- Largest Logistics Companies (2026) #6
- Best 3PL Companies in 2026 #4
- Best Freight Forwarders in 2026 #1
- Best Logistics Companies in 2026 #1
DSV alternatives and competitors
Alternatives to DSV: companies ranked in the same lists.
- DHL Group
- Kuehne + Nagel
- Expeditors
- C.H. Robinson
GEODIS- Sinotrans
A.P. Møller-Mærsk
Dachser- NIPPON EXPRESS HOLDINGS
GXO Logistics- CEVA Logistics
J.B. Hunt
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