Freight forwarder DSV to cut 3,000 jobs as virus slows global trade
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COPENHAGEN (Reuters) - DSV Panalpina will cut 3,000 jobs to mitigate the negative impact of the new coronavirus on global trade, the world's fourth-largest freight forwarder said on Thursday, after beating first-quarter expectations.The global freight industry has been hard-hit by uncertain demand and crews' health concerns following the virus outbreak.DSV's shares rose 3.6% after it posted a 7.6% rise in first-quarter operating profit before special items to 1.57 billion Danish crowns ($229..