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Jefferies views DSV Panalpina as best equipped to handle the coronavirus crisis

With its cost reduction plan, DSV takes the "necessary steps" to adapt to the lower volumes, writes Jefferies. The bank views DSV Panalpina as the best-positioned logistics company to weather the coronavirus crisis.

Photo: Ivan Boll

DSV Panalpina is the best-positioned logistics company in terms of weathering the slide in freight volumes that is expected to emerge in the second quarter, projects major bank Jefferies in a new analysis.

The bank also projects a decrease in volumes of 20-30 percent in the period.

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