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DSV air, sea revenue declines 11.5% in Q1

Total revenue decreased 5%

Courtney BlackannbyCourtney Blackann
April 24, 2024
in Archive
Reading Time: 4 mins read
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Danish forwarder DSV today reported first-quarter revenue of 38.3 billion kroner ($5.5 billion), down 5% year over year.   Revenue from DSV Air and Sea decreased 11.5% YoY to $3.2 billion.  THE BIG PICTURE: While Air and Sea volumes increased in Q1, DSV’s revenue decline was driven by below-average freight rates, according to the company’s […]

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