Halcyon Days Are Coming to an End, but DSV Is Well Positioned in 3PL Segment

Following its acquisition of GIL in 2021, DSV became the third-largest third-party logistics provider, or 3PL, globally, with around a 5% share in a highly fragmented market. Unlike peer Kuehne+Nagel, which has been in the industry for more than 125 years, DSV has accumulated its market share primarily through a series of strategic acquisitions over the past 30 years, which it has successfully integrated into its own operations.