DHL handles 2.9 million teu at sea in 2020 despite lower freight volumes

DHL Global Forwarding, DHL's logistics business, saw a drop in oceanic freight volumes in 2020. Overall, the company handled 10 percent fewer containers at sea in 2020. Meanwhile, both revenue and the operating profit grew in the period.

Photo: DHL Global Forwarding

The lower freight volumes globally also affected DHL's logistics arm, Global Forwarding, which is one of the biggest freight forwarders at sea.

Over the past year, freight volumes have dropped to just below 2.9 million teu from 3.2 million in 2019, which constitutes a drop of 10.8 percent when comparing the two years, reveals the DHL group's annual report.

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