DSV and Volvo sign agreement to support decarbonisation of road freight

DSV, a global leader in transport and logistics, is moving towards more sustainable road freight solutions. Every day, thousands of trucks transport goods for the company's customers around the world, and a growing number will become electric or run on renewable fuels in the years to come.

Now, DSV together with Volvo Trucks have agreed to plan for the deployment of 300 zero-exhaust emission electric trucks across DSV operations in Europe. The agreement also includes 500 Volvo trucks with fuel-efficient diesel and gas drive lines.

All trucks are expected to be delivered between 2024 and 2026, and this is an important part of the company's plan to increase its electric trucks fleet to 2,000 by 2030.

"I'm very proud to deepen the partnership we have with DSV. Collaboration and a strong commitment to really make a difference is essential for making sustainable transport and big CO2 reductions a reality. This order is proof of their trust in our company and shows that zero-emissions transport is a viable solution here and now," says Roger Alm, President Volvo Trucks.

"Close collaboration across sectors provides an opportunity for DSV to be a key enabler for decarbonisation in the industry. We are happy to extend our partnership with Volvo in our joint effort to reduce emissions in the transport industry," says Søren Schmidt, CEO, DSV Road, and continues:

"As a global leader in logistics, we strive to stay at the forefront of the green transition and this agreement is a fantastic example of how new technologies can be brought to market at scale to make them more accessible for our customers. The deal with Volvo is an important step towards enabling a more sustainable future in trucking."

The trucks being supplied to DSV will include the new Volvo FH Aero Electric, which has improved aerodynamics, making it even more energy efficient.

DSV is the largest transporter of goods for the Volvo Group, and its electric trucks are already used on lanes in Sweden and Denmark where DSV has established charging infrastructure using electricity from solar panels at its distribution centres in Landskrona and Horsens.

As part of the deal, the new trucks will be serviced by Volvo, and some of them will be used to transport goods to and from Volvo sites.

Both DSV and Volvo Group are committed to the Science-based targets initiative, which drives ambitious climate action in the private sector. DSV has set a near-term goal to reduce emissions (scope 1 and 2) by 50% and indirect emissions (scope 3) by 30% in 2030 against our 2019 baseline, and - like Volvo - are committed to achieving net-zero emissions in 2050, in line with the goals of the Paris Agreement.

Volvo - 3,800 electric trucks in 46 countries

Since 2019, Volvo Trucks has delivered more than 3,800 electric trucks to customers in 46 countries around the world. Volvo currently offers the industry's broadest product line-up with eight fully electric models, meeting the needs in a wide range of applications - from urban distribution and waste management to regional haul and construction. Until now, Volvo's electric trucks have driven more than 90 million kilometres or 2,200 laps around the world in operation.

For further information, please contact:

Jonatan Rying Larsen
Senior Press Officer, DSV
tel: +45 25417737
jonatan.larsen@dsv.com