Dachser content with 0.9pc consolidated net revenue decrease

GERMAN forwarding major Dachser's consolidated net revenue totalled US$6.72 billion, a decrease of 0.9 per cent compared to the previous year, reports the American Journal of Transportation.

The road logistics business field saw a decline of 2.2 per cent, while the air-sea logistics business saw growth of 5.2 per cent.



The number of shipments dropped 2.5 per cent to 78.6 million, while tonnage fell 2.9 per cent to 39.8 million tonnes.



'We have delivered on our promise to be a rock of stability during the coronavirus crisis. The enormous encouragement of our customers and partners has been a great source of motivation. Special thanks are due to our staff and all those who drive on behalf of Dachser, who made last year such a success. Despite the extra burdens imposed by Covid-19, their performance was remarkable,' said Dachser CEO Burkhard Eling.



'Following a solid first quarter, the lockdowns in many European countries meant sometimes drastic declines in overland transport shipments. There was a clear improvement by June, however, with volumes remaining more or less consistently above 2019 levels. Our business model has proved that it can withstand crises, at the same time boasting strong growth potential and adaptability,' said Mr Eling.


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