DSV: The financial crisis was worse than the corona crisis

Although the coronavirus crisis has caused major disruptions to world trade and continues to be a source of uncertainty, the financial crisis was worse, says DSV Panalpina CFO Jens Lund.

Photo: DSV

Although the coronavirus pandemic has shut down countries around the globe and caused major disruption to global trade, DSV Panalpina's CFO Jens Lund is left with the feeling that the financial crisis was tougher than the current crisis, writes Danish daily Børsen.

"It's almost as if it was a little more uncertain last time. But of course, when the corona crisis began there was a high degree of uncertainty. At that time we said, okay, now we really need to tighten up. But we've actually landed back on our feet faster than anyone could have predicted and now it's just the new normal," Lund tells Børsen.

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