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 →
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503,512Shipments Processed (U.S. Imports)
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Shipment Statistics for Unparalleled Logistics Llc
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503,512Total shipments
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817,074 TEUsTotal volume
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1.62 TEUsAverage shipment size
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Recent Panjiva Research about Unparalleled Logistics Llc
DSV Panalpina’s “gradual improvement” yet to arrive after Q2 success
DSV Panalpina reported 43.0% year over year revenue growth in Q2, a full 10% points better than analysts’ expectations. The outperformance has been a common theme in the logistics sector with similar delivery from UPS and C.H. Robinson, with an average “beat” across the se... Read more →
DSV-Panalpina slashes costs, won’t chase volumes as COVID-19 bites
DSV-Panalpina has reported operating profit growth of 7.6% year over year in Q1. That’s come despite a drag from the impact of COVID-19 on profits equivalent to $51 million or 17.2% points of last year’s profits. The firm has stated it expects “volumes will be significantl... Read more →
Panjiva Daily: DSV-Panalpina chases costs not volumes; ventilator shipments come back to life
DSV-Panalpina has launched a major new cost cutting program in response to COVID-19 disruptions to volumes, it won’t be chasing market share. Our latest webinar covered autos and included questions about medical supplies – ventilator shipments are rising. Also: Church & Dwi... Read more →
Panjiva Basics: Counting the cost of COVID-19 for corporate supply chains
The spread of COVID-19 coronavirus is primarily a human tragedy, but has also already caused significant disruptions to corporate activity. This report brings together over 20 reports in seven topic areas to provide an overview of Panjiva’s thinking on the topic so far. We initially i... Read more →
DSV Panalpina confirms soft outlook for 2020, coronavirus uncertainty
Freight forwarder DSV Panalpina reported an organic revenue decline of 1.1% year over year in Q4. A 3.0% drop in air freight handling was to blame, which isn’t a surprise given global air freight fell by 2.5% year over year on average in Q4 according to IATA data. The outlook from DSV... Read more →
Panjiva Daily: DSV Panalpina’s soft outlook; Nintendo’s coronavirus cost
Freight forwarder DSV Panalpina has provided a muted outlook for 2020 and warned that 2019-nCoV has introduced uncertainties. The videogame industry is the latest to flag coronavirus risks with Nintendo flagging disruptions. Also: Melrose’s tariff relief may be short lived if EU-U.S. confli... Read more →
Tariff Quote Watch: Expeditors Has More Than Trade War To Worry About
Freight forwarder Expeditors International suffered a 0.8% year over year decline in revenues in 3Q. A range of “ongoing trade disputes that extend well beyond just the United States and China” took a toll on the group’s performance according to CEO Jeffrey Musser. There’s likely to be a co... Read more →
DSV-Panalpina May Need Hercules Effort To Build Trans-Pacific Share
Following their merger, the combined DSV-Panalpina’s growth strategy will focus in part on Trans-Pacific trade lanes, according to CEO Jens Bjorn Andersen. The firm has already started offsetting reduced flows on China-to-U.S. routes, which fell 6.2% year over year in 3Q, with a 24.9%... Read more →
Panjiva Daily: DSV-Panalpina’s Hercules effort; Apple, Square go for early exemptions
The newly combined DSV-Panalpina has set on growth in Trans-Pacific shipping – potential customers could include Hercules Tires and Deckers Outdoors. Requests are being filed for relief from list 4A tariffs, with Apple and Square among early applicants. Also: Arrow’s imports sho... Read more →
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