DSV to boost presence in US semiconductor sector

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Danish-owned forwarding company DSV is to acquire two US-based logistics firms to boost its semiconductor service offerings – S&M Moving Systems West and Global Diversity Logistics, for an undisclosed sum.

DSV added that the move would also align with its new Phoenix-Mesa Gateway Airport operations and support cross-border services to Latin America. The transactions are expected to be completed in April 2023, pending all legal formalities.

Headquartered in Phoenix and Chandler, Arizona, S&M Moving Systems West and Global Diversity Logistics are both run by the same family. They have 130 employees and operate across 11 sites in Oregon and Arizona. They provide domestic road freight, international air and sea freight, warehousing, tradeshow logistics and specialist solutions to the semiconductor industry.