DSV Panalpina reported Q2’21 revenue growth of 34.4% year over year as the freight forwarder’s ocean business benefited from elevated rates linked to “port congestion [and] a lack of equipment/capacity”. The firm has upgraded its earnings guidance for 2021 for the th... Read more →
DSV Panalpina (DSV) reported Q1’21 revenue growth of 23.1% year over year, led by a 45.5% growth in Air & Sea revenues. The growth came mainly from higher shipping rates given the firm’s volumes of ocean freight handling rose by just 1%. The improvement in shipping rates ha... Read more →