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DSV Q3 airfreight volumes fall 3% amid weak European demand

AI-generated. This briefing was written by an AI model from published sources and was not reviewed by a person before publication. Check the original sources before relying on it.

Published: October 21, 2026
1 source
First reported by: Air Cargo News
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DSVAir Cargo NewsThe LoadstarJens LundDB Schenker
In brief

DSV reported a 3% year-on-year decline in Q3 2026 airfreight volume, while airfreight revenue and gross profit rose.

Sources disagree

Sources agree on the key facts of this story.

DSV’s airfreight operation recorded a year-on-year volume decline in the third quarter of 2026, despite higher revenue and gross profit. The Denmark-headquartered freight forwarder moved 560,890 tonnes, 3% fewer than in the same quarter of 2025. DSV said the decrease was greater than expected, reflecting weak European activity, reduced e-commerce shipments on the Asia Pacific-Europe lane, lower-than-expected Europe-Asia Pacific volumes, yield-management initiatives and cargo shifting from air to sea.

The volume result sits alongside stronger financial measures for the air business.…

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