The graph above shows the the world’s 5 largest ocean freight forwarders in 2020.
Scale is a key competitive advantage in freight forwarding, with significant operational and commercial benefits.
DSV announced the acquisition of Agility Global Integrated Logistics (GIL), following the purchase of UTi Worldwide in 2015 and Panalpina in 2019.
The combined company will handle approx. 2.8 million standard containers (TEU) per year in ocean freight, ranking it number four in the world.
DSV Panalpina is the fastest-growing company in the industry due to its successful strategy, M&A, and post-merger integration processes.