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Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive

DSV CEO Jens Bjørn Andersen at the company’s headquarters in Hedehusene, Denmark. PHOTO: CARSTEN SNEJBJERG/BLOOMBERG NEWS

CEO Jens Bjørn Andersen has built the freight forwarder into a global heavyweight, but says more consolidation is likely in the highly fragmented market.

DSV A/S is pursuing more business in the U.S. as the acquisition-focused freight forwarder consolidates its power among the world’s largest supply-chain companies.

The Danish forwarder has been among the most aggressive firms in the shipping sector at buying and integrating underperforming peers in the highly-fragmented market for managing the freight transportation and logistics behind global trade.

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