Sunday, June 23, 2024

Ocean freight sees an opportunity

COVID-19 has destabilised global trade and the economy. As major trade countries like the USA, UK and Germany suspend air travel, cargo movement has slowed. Ocean freight transport is emerging as a viable and cost-effective alternative with a wider reach for moving cargo to destinations across the globe, say those with an interest in the […]

Strong volumes growth for DSV in first half of 2017

Danish freight forwarder DSV’s airfreight volumes grew year-on-year (YOY) by 10.4 per cent in the first half of this year to 302,869 tonnes, but second quarter (Q2) volumes were only up 2.6 per cent to 155,430 tonnes – lower than its competitors. These growth rates compare with the market average of 10 per cent in […]

UTi acquisition boosts DSV’s volumes in 2016

Danish freight forwarder DSV handled 574,644 tonnes of airfreight in 2016 – which represented a growth of 85 per cent on 2015 when it processed 311,193 tonnes. The company puts this down to the $1.35 billion acquisition of US freight forwarder UTi Worldwide, as it now has a strong presence in the US, but UTi also has also contributed […]