OceanX：Kuehne、DSV 更新之际看货代并购
OceanX: Insight on consol sector (and other) M&A alongside Kuehne, DSV updates
DSV 与 Kuehne+Nagel 的 Q3 业绩均已公布，DSV 部分合并业务未按预期实现 Schenker 协同效应，并在增长的海空运市场中丢失部分货量。DSV 在海空运板块大幅削减人力，转化率回升至强劲水平，但陆运业务整合难题持续。
ID 124318635 © Arturszczybylo | Dreamstime.com
By Ruben Huber
26 October 2026
The epic ’DSV vs K+N’ race passed another quarter, and now we do have Q3 results from both in.
In short, DSV is not realising Schenker synergies as fast as intended in parts of the combined business and is also losing some volumes in a growing Air & Sea market, but it is impressively cutting headcount in Air & Sea and returning to a very strong conversion ratio there.
Troubles in Road persist, as merging the two networks is certainly not easy, ...
来源：The Loadstar · theloadstar.com