All DSV Panalpina articles – Page 2
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News
More forwarders expand airfreight operations as capacity outlook remains uncertain
Geodis and DSV are the latest freight forwarders to secure air cargo capacity as they note an uncertain supply outlook.Geodis said that as a result of a short supply of both freighter and passenger bellyhold space, it had taken the decision to announce a permanent weekly freighter charter operation on ...
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News
VIDEO: DSV Canada adds second drone delivery route
Freight forwarder DSV Canada has successfully launched its second cargo drone route with Drone Delivery Canada (DDC).The route will allow DSV to deliver various types of cargo, including healthcare related cargo, from a designated area — known as a DroneSpot — at DSV’s warehouse in Milton, Ontario to a "DropSpot" ...
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NewsAirfreight propels 'better than expected' Q2 results for DSV Panalpina
DSV Panalpina saw its airfreight revenues rapidly increase during the second quarter of the year as a result of the coronavirus outbreak and the ongoing integration of Panalpina.The forwarder saw airfreight revenues for the second-quarter increase by 164.2% year on year to DKK12bn, gross profit for its air business was ...
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News
DSV to expand Canadian drone programme
DSV Panalpina will utilise Drone Delivery Canada (DDC) on a second route, delivering healthcare related cargo from the forwarder's warehouse in Milton, Ontario to customers locally.DDC will deploy its Sparrow cargo drone, which at destination will hover at a lowered altitude, drop un-tethered cargo in a designated area shared by ...
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NewsTop 25 air forwarders 2019: DHL leads the pack in a tough year
In a year marked by an ongoing trade war between China and the US, DHL Global Forwarding extended its lead as the world’s busiest airfreight forwarder in 2019 ahead of Kuehne+Nagel (K+N) and DB Schenker, while DSV Panalpina pushed into the top four (full table at the end of article).According ...
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DSV Panalpina details sustainability targets
Following the release of its Science Based Targets initiative (SBTi), released in 2019, DSV Panalpina has specified how much and how quickly it will aim to reduce its greenhouse gas (GHG) emissions.The company said its ambitious targets set "a clear direction for its sustainability efforts".DSV Panalpina explained that 'scope 1' ...
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NewsForwarders offer other modes in response to China air cargo congestion
Expeditors and DSV Panaplina have both been promoting alternatives to air cargo, such as road, rail and express ocean, as an option out of China in response to ongoing congestion.In a circular sent out last night, Expeditors senior vice president global ocean transportation Karl Fransisco said express ocean services could ...
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News
DSV and K+N take differing approaches to job cuts during the Covid-19 crisis
In late April Copenhagen-headquartered DSV Panalpina announced that it would cut around 3,000 jobs as a result of the coronavirus outbreak and its impact on the market.The logic to the move could be seen in the volume declines reported by many of the major forwarders – if you aren’t selling ...
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News
Global health crisis and acquisition impact DSV Panalpina Q1 results
DSV Panalpina saw revenues and airfreight volumes increase in the first quarter of the year, thanks to its acquisition of Panalpina, while the coronavirus outbreak had a negative impact on results."The financial performance in Q1 2020 was impacted by both the integration of Panalpina and the Covid-19 situation, the latter ...
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NewsGeodis the latest forwarder to launch charter services
Geodis B747 air charterGeodis has become the latest forwarder to launch charter services as it looks to secure air cargo capacity for its customers.The SNCF-owned company said that ocean freight continues to be disrupted and air cargo options severely restricted by established passenger carriers cancelling scheduled flights i light of ...
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News
DSV Panalpina withdraws 2020 outlook
DSV Panalpina has withdrawn its outlook for 2020 as market conditions remain hard to predict.The Copenhagen-based freight forwarder said that financial results for January were on budget but in February were around DKr150m lower than expected."As a result of the current global outbreak of coronavirus, supply chains and the global ...
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NewsDSV sees German airfreight volumes take a hit
In 2019, the airfreight division of Denmark-headquartered freight forwarding DSV lost around one third of its German airfreight export cargo compared to the previous year, writes Oliver Link from Air Cargo News' sister title DVZ.The IATA CASS figures show that DSV Air & Sea suffered by far the greatest loss ...
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News
DSV Panalpina confirms thousands of jobs to go as integration continues
Freight forwarder DSV has confirmed to Air Cargo News reports that suggest thousands of jobs will be cut as a result of the integration of Panalpina.A spokesperson confirmed a Wall Street Journal article that stated headcount would be reduced by between 3,000 to 4,000 during the integration of the two ...
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NewsCargolux, Lufthansa and DSV Panalpina increase China freighter services
Cargolux B747-8FCargolux, Lufthansa and DSV Panalpina will increase freighter capacity to China over the coming weeks as production lines resume operations.The move comes as freighter operators brace for a spike in demand from China as a result of passenger airlines cutting services due to low demand and factories slowly starting ...
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News
DSV Panalpina opens new Canada base
Danish-owned freight forwarder DSV has opened a new Canadian head office and logistics facility near Toronto.The new facility is located in the suburb of Milton, 20 miles (30km) from Pearson International Airport and close to Canada’s busiest highway (401).DSV Panalpina says the 1.1 million sq ft (100,000 sqm) facility is ...
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NewsDSV Panalpina registers improved airfreight volumes but margins in focus
DSV saw airfreight revenues and volumes improve last year thanks to its acquisition of Panalpina in August, but margins came under pressure.In 2019, the combined DSV Panalpina Group saw total revenues increase 19.8% year on year to DKr94.7bn, earnings before interest and tax (ebit) improved by 22.1% to Dkr6.6bn but ...
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NewsHellmann nabs Raudszus for APAC role
Sven RaudszusSven Raudszus will take over the position of regional chief executive Asia Pacific (APAC) at Hellmann Worldwide Logistics from March 1.He will be responsible for the "operative and strategic business" within the Asia Pacific region, including Southeast Asia, Australia and New Zealand.Raudszus succeeds Mark Hellmann, who has played a ...
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News
DSV Panalpina opens new office in Oman
Transport and logistics giant DSV Panalpina has opened a new office in Muscat, Oman, as part of its continuing expansion into the Middle East.Charles Francis, country manager for DSV Panalpina in Oman, Qatar and Kuwait, commented: "Oman has distinct advantages as a trans-shipment hub for Qatar. It has become a ...
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News
Air Cargo News' Top 10 most read in 2019
With 2020 already underway, the Air Cargo News team decided that now is an ideal moment to share our most popular stories from the past 12 months. Despite 2019 being a challenging – and at times, unpredictable – year, there were significant positives, as our list below shows.So, which stories ...
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NewsDSV Panalpina to provide e-commerce logistics for Marimekko
DSV Panalpina has signed a partnership with Finnish fashion brand Marimekko.As part of the partnership, from 2020, Marimekko’s warehouse operations will be moved to DSV Panalpina’s new warehouse in Vantaa, Finland.The new warehouse set-up will support Marimekko sales – including wholesale, stores, local and global retail and e-commerce.DSV and Marimekko ...
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