All articles by Damian Brett – Page 205
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News
Combined DSV-Panalpina to take 6% of forwarding market
The combined DSV-Panalpina business will hold a market share of 6% when the deal is completed, according to a report by consultant Transport Intelligence (Ti)The Global Freight Forwarding Report 2019 described DSV's takeover of Panalpina as the "most high-profile development in the forwarding sector in the past twelve months".The merging ...
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NewsTop 25 airfreight forwarders 2018: K+N continues to close in on DHL
The world’s largest airfreight forwarders had a bumpy landing in 2018 following on from a stellar 2017 (full chart at end of article).Based on figures from consultant Armstrong & Associates, the leading 25 airfreight forwarders recorded a 4.2% increase in volumes to 16.7m tonnes last year.In most years this would ...
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News
FedEx breakup with Amazon a ‘watershed’ moment for express industry
FedEx’s decision to ditch its domestic US business with Amazon is a “watershed” moment that signals the emergence of the e-commerce giant as a significant player in the parcel industry.In a research note, investment bank Morgan Stanley said that the impact of the FedEx move should not be downplayed and ...