21 October 2026
Investors bid up ‘golden goose’ DSV – bar set high for Kuehne

The good news first. (Deservedly.) DSV’s third-quarter (Q3 26) update out today unequivocally proves that the Danes are the freight forwarding benchmark where it matters, making top dollar in air and sea. Enjoying a Q3 conversion rate (CR: Ebit/gross profit = 45. 8%) at its highest level since the start of the Schenker integration, Air & Sea’s operating margin was equally outstanding, reaching… (Click to expand the table below and all others) … 9.
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