Dachser forwarding business hit by low rates

Kempten, Germany-headquartered logistics services provider Dachser enjoyed a solid improvement in revenue in 2016, but its sea and airfreight business division performed less well.
In the Dachser Air & Sea Logistics business area, revenue decreased by 3% year on year to €1.54bn, while the number of shipments handled remained constant.
This decrease in revenue was due to low international freight rates, especially in sea freight, and negative currency effects, Dachser informed.
But: “We know how to deal with the volatile nature of international air and sea freight, and are consistently expanding this business field,” said Dachser chief executive Bernhard Simon.
Over the course of 2016, Dachser made consolidated gross revenue of approximately €5.71bn euros – representing a consolidated revenue increase of 1.7% on the previous year.
The total number of shipments handled across all modes rose by 2.4% to 80m, and tonnages rose by 2.4% to 38.2m tonnes. This growth was driven by European overland transport and by food-related logistics, Dachser confirmed.
“Despite the volatility of the global economy, we were able to maintain our stable market position through organic growth at the previous years’ levels, while simultaneously developing solutions for tomorrow’s market,” reported Simon.

Share this story

Related Topics

Latest freight forwarder news

DB Schenker continues to expand airline API connections

DB Schenker has continued to build API connections with airlines to speed up the cargo booking process, this time connecting…

Read More

Share this story

Air cargo infrastructure investments still critical

Major airports in the US are still suffering from lack of investment in air cargo infrastructure and operations and as…

Read More

Share this story

FIN Logistics joins WACO network

Jakarta-based freight forwarder PT Fajar Insan Nusantara (FIN Logistics) has become a member of global freight management and logistics network…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.