DSV Electrifies Singapore Logistics

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DSV Air & Sea Singapore has taken delivery of two new Volvo electric trucks, marking a pivotal step towards sustainable logistics in the country. The acquisition aligns with the Singapore Green Plan 2030 and underscores both DSV’s and Volvo Trucks’ commitment to reducing carbon emissions in the transportation industry.

Key Highlights

  • DSV Singapore acquires two Volvo electric trucks for sustainable logistics operations.
  • The Volvo FL Electric and Volvo FM Electric models are tailored for urban distribution and long-haul operations, respectively.
  • The acquisition supports the Singapore Green Plan 2030, aiming for sustainable development.
  • Volvo Trucks provides a 7-year Gold Service Agreement for comprehensive support and maintenance.
  • DSV aims for net-zero emissions by 2050 and is expanding its electric vehicle fleet.

Innovation in Transportation

Volvo Trucks is one of the world’s largest manufacturers and a market leader in electromobility with 4,200 electric trucks operating in 46 countries. DSV, the world’s largest global transport and logistics company, is one of the largest purchasers of electric models from Volvo Trucks and earlier this year signed a significant deal for 300 new models for its European operation.

In Singapore, the models are a Volvo FL Electric and a Volvo FM Electric. These units represent the latest cutting-edge truck technology, providing efficient, zero-emission transport solutions. The Volvo FL Electric is optimized for urban distribution, with a compact design and nimble turning radius—ideal for navigating Singapore’s tightly packed urban center and last-mile deliveries. The Volvo FM Electric is larger and offers a greater payload capacity and advanced technology for long-haul operations, tailored for longer journeys while still offering high-performance, zero-emissions operation.

Volvo Electric Trucks

Both models feature an all-electric drivetrain, enabling quieter operations and reducing noise pollution. They also deliver cost-efficient operation and lower maintenance expenses than traditional diesel vehicles. The Volvo FL and FM Electric trucks have been customized to DSV’s local operational needs in Singapore, including modifications for optimal cargo capacity. The FL is equipped with three batteries, while the FM boasts five batteries, enabling longer range and versatile performance.

Future Developments

Volvo Trucks is set to expand the electrification of heavy trucks globally with the upcoming launch of a long-range version of its FH Electric truck in 2025. This model will have the ability to travel up to 600 km on a single charge, allowing customers to use electric trucks on longer routes without the need for frequent recharging. The enhanced range is made possible by Volvo’s innovative e-axle technology, which allows for increased battery capacity, along with improvements in battery efficiency, management systems, and overall powertrain performance.

Anna Engblom, Managing Director, Volvo Trucks, Southeast Asia & Japan said:

“Long-lasting partnerships and a dedicated determination to truly make an impact are crucial for achieving substantial CO2 reductions in practice. During the past few years, we have experienced change towards a sustainable future across most of our markets. As a manufacturer, we need to be prepared to manage changes that can occur without much warning. We will always be able to sell trucks, but we need to develop business models and make sure that we can adapt our size to match new conditions. We also need to continue to deliver high-quality products and help our customers achieve profitability with their Volvo trucks.”

Support and After-Sales Services

To ensure seamless integration of Volvo’s electric trucks into DSV’s operations in Singapore, the company is providing comprehensive support through a 7-year Gold Service Agreement, which covers all service and repairs. Additionally, UD Trucks Singapore provided driver training before the handover, ensuring DSV’s team is well-prepared to operate the vehicles efficiently.

Joseph Heng, General Manager of UD Trucks Singapore, said:

“We are excited to be part of this green transition alongside DSV and Volvo Trucks. Providing comprehensive training and after-sales support to ensure these electric trucks deliver on their promise is at the heart of our commitment to helping Singapore achieve its sustainability goals. With the combination of innovative technology and strong customer support, we are confident that DSV will see excellent operational performance and long-term value from these vehicles.”

DSV’s Alignment with Global and Local Sustainability Goals

DSV is committed to driving sustainable practices across its operations, with a global target of achieving net-zero emissions by 2050. DSV’s adoption of the Volvo FL and FM Electric trucks in Singapore is part of a broader strategy to expand its electric vehicle fleet. In Singapore, DSV already operates electric vans, 10ft and 14ft e-trucks for some of their last-mile deliveries. The introduction of these larger electric models signals DSV’s readiness to scale up as demand for sustainable logistics solutions grows.

As part of its bold vision to lead the global logistics industry, DSV recently signed a landmark agreement to acquire DB Schenker, one of the largest and most strategic moves in its history. This acquisition not only enhances DSV’s logistics capabilities but also aligns with its mission to drive sustainable solutions worldwide. While the global focus sharpens, DSV’s Singapore operation continues to push forward with innovative green initiatives, exemplified by its latest electric vehicle partnership with Volvo Trucks.

DSV has received encouraging feedback from clients interested in adopting electric vehicles for their operations. While enthusiasm is high, adoption will depend on specific operational requirements, and the company is actively engaging with potential customers to assess how electric trucks can enhance their supply chains.

About Volvo Trucks

Volvo Trucks supplies complete transport solutions for discerning professional customers with its full range of medium- and heavy-duty trucks. Customer support is provided via a global network of dealers with 2,200 service points in about 130 countries. In 2023 approximately 145,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses, construction equipment, and marine and industrial engines. The group also provides complete solutions for financing and service. Volvo Trucks’ work is based on the core values of quality, safety and environmental care.

About DSV – Global Transport and Logistics

At DSV, we keep supply chains flowing in a world of change. We provide and manage supply chain solutions for thousands of companies every day—from small family-run businesses to large global corporations. Our reach is global, yet our presence is local and close to our customers. Approximately 75,000 employees in over 80 countries work passionately to deliver great customer experiences and high-quality services. We aspire to lead the way towards a more sustainable future for our industry and are committed to trading on nature’s terms. DSV is a dynamic organization that fosters inclusivity and diversity. We conduct our business with integrity, respecting different cultures and the dignity and rights of individuals.

About UD Trucks Singapore

UD Trucks Singapore (Pte.) Ltd, established in 2011 as a dual-brand dealership for Volvo and UD parts, has become a key player in the logistics and transportation sector. In May 2021, the Isuzu Group acquired UD Trucks as part of a 25-year strategic alliance with the Volvo Group, while appointing the company as the authorized dealer for Volvo Trucks. The dealership continues to sell and service both UD Trucks and Volvo Trucks, providing comprehensive sales, aftermarket services, and workshop solutions. As of 2024, approximately 2,400 UD and Volvo trucks are sold and actively operating on Singapore roads, focusing on logistics, transportation, heavy haulage, and special government tender projects.

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