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TRUCKING INDUSTRY * WORLDWIDE
* Denmark - Profit Slips Steeply for Danish Trucker DSV. Trucking, logistics company gains market share as volume falls
Brøndby,Denmark -The Journal of Commerce Online, by Bruce Barnard -Nov 2, 2009: -- DSV, Scandinavia’s biggest trucking and logistics company, reported a steep decline in third quarter earnings but said it gained market share in its key ocean, air and land transport sectors... The Danish firm’s pre-tax profit slumped to $29.7 million in the three months to Sept. 30 from $90.3 million in the same quarter last year on unchanged revenue of $1.7 billion... Earnings in the first nine months crashed to $68.7 million from $255 million in the corresponding period in 2008 as revenue climbed to $5.3 billion from $5.17 billion, a performance the company said was “satisfactory”... DSV dropped a planned joint takeover of Denmark’s DFDS, Europe’s leading short-sea shipping line, in the summer after European competition regulators launched an in-depth investigation of the deal... (Foto empresaexterior: DSV's loaded truck)
Labels: trucking industry news worldwide
posted by Unknown @ 9:51 AM
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