DSV is set to boost its contract logistics and air cargo offering for the semiconductor industry as it reached agreements to acquire US-based S&M Moving Systems West and Global Diversity Logistics on 21 March.

Headquartered in Phoenix and Chandler in Arizona, S&M Moving Systems West and Global Diversity Logistics are both run by the same family with a total of 130 employees across 11 sites in Oregon and Arizona. The companies provide services within domestic road freight, international air and sea freight, warehousing, tradeshow logistics and specialist solutions to support the semiconductor industry.

DSV said the move aligns with its new Phoenix-Mesa Gateway Airport operations and supports its growing services to Latin America.

These acquisitions, which include transport assets and over 1 million sqft of logistics centres, will expand DSV’s existing US footprint, particularly in Arizona,  connecting its air and sea, road and warehousing divisions. The companies have agreed to not disclose the price but transactions are expected to be completed in April 2023.

DSV recently expanded its air charter operations in Arizona amidst customer demand to serve as an alternate gateway for shipments bound to Latin America.

“We have recently expanded our cross-border operations to facilitate the growing trade between the US and Mexico,” said Robert Greene, Executive Vice President, DSV Road US.

“We are currently supporting a range of customers across various industries and can now provide a reliable alternative to Miami.

“With two official gateways into Latin America, we are better placed to support customer needs, particularly during busy periods and congestion,” he says.