Freight forwarder DSV reported revenue growth for 1Q 2018 of just 1% on a year earlier, the slowest since 4Q 2015 and 2% below analysts’ expectations. That lagged the 6% growth seen for the sector so far, but likely reflects a renewed discipline from a market share perspective after the UTi deal. That’s been illustrated by a 6% drop in U.S. seaborne volumes in the first quarter. As a result EBITDA profitability improved to 7.3% from 7.2% a year earlier, vs. the decline expected for the freight forwarders as a group. In turn that has led management to become more confident for the year as...