Logistics

DSV Panalpina expects growth in second quarter – but sees ocean freight drop by up to 20 percent

DSV Panalpina expects that market demand in the second quarter 2020 will drop by 15-20 percent for ocean freight and 25-30 percent for air freight.
Photo: Stine Bidstrup/ERH
Photo: Stine Bidstrup/ERH
BY RITZAU FINANS

DSV Panalpina has published a market update for the second quarter, in which the transport major offers expectations for its operating income in the second quarter, while the full-year guidance remains suspended.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs