GERMAN logistics major dachser posted a 13 per cent revenues increased in 2024 to EUR8 billion (US$8.7 billion).
'Dachser benefited mainly from short-term special developments that caused freight rates in air and sea freight to rise,' the company said.
'These include the crisis with capacity bottlenecks on the Red Sea and the e-commerce business between China and Europe.'
The family-owned company, based in Kempton, Bavaria, recorded year-on-year increases in other key areas such as headcount (+3,300), locations (+56), and pallet spaces in its warehouses (+720,000).
'This growth is largely due to the acquisitions of DACHSER & FERCAM Italia, Frigoscandia, and Brummer,' Dachser explained.
In 2024, the logistics provider doubled its year-on-year expenditure on company acquisitions, network locations, its workforce, digital innovation, and climate action to EUR490 million.
Excluding acquisitions, Dachser revenues grew by 4.7 per cent compared with the previous year, driven by 'resilience in its European groupage network' and rate increases in air and sea freight.
SeaNews Turkey
'Dachser benefited mainly from short-term special developments that caused freight rates in air and sea freight to rise,' the company said.
'These include the crisis with capacity bottlenecks on the Red Sea and the e-commerce business between China and Europe.'
The family-owned company, based in Kempton, Bavaria, recorded year-on-year increases in other key areas such as headcount (+3,300), locations (+56), and pallet spaces in its warehouses (+720,000).
'This growth is largely due to the acquisitions of DACHSER & FERCAM Italia, Frigoscandia, and Brummer,' Dachser explained.
In 2024, the logistics provider doubled its year-on-year expenditure on company acquisitions, network locations, its workforce, digital innovation, and climate action to EUR490 million.
Excluding acquisitions, Dachser revenues grew by 4.7 per cent compared with the previous year, driven by 'resilience in its European groupage network' and rate increases in air and sea freight.
SeaNews Turkey