Dachser revenue up 13pc to US$5.9 billion, credits air-sea logistics boom
2012 04 20
- Details
GERMAN logistics giant Dachser, which has posted a 13 per cent year-on-year revenue increase to US$5.9 billion in 2011, gave credit to the 17 per cent growth in its air and sea segments that scored sales of $1.5 billion.
In 2011, Dachser handled 49.3 million shipments of 40.9 million tonnes. "Following the economic crisis and a period of recovery, the markets stabilised again somewhat last year. Dachser was able to return to the growth trend we have defined as ideal for long-term business expansion," said Bernhard Simon, head of the company's management board.
The company said it continues to set high targets, aiming to increase revenue in the air and sea logistics business to $2.8 billion by 2017, with 5,000 employees in 220 branch offices in 49 countries.
European logistics was the company' s largest business segment generating revenue of $3.7 billion. The European overland transport network was further reinforced in 2011. Three Eurohubs in Bratislava, Clermont-Ferrand and Uberherrn/Saarland now enable Dachser to consolidate group freight via a pan-European scheduled service, optimising capacity utilisation, efficiency and environmental sustainability, said a company statement.
Dachser Food Logistics increased revenue in 2011 to $772 million - a surge of 16 per cent.
In 2012, Dachser expects to increase growth by double-digit rates again and to invest in the expansion of its European and international network. Over the next five years, the company intends to invest an estimated $1.7 billion in its European overland transport network alone. The company will continue to invest in development of its international network by adding the right people in the right locations. "Consistently investing in initial training and advanced training is the only way to build a qualified and effective staff," Mr Simon said.
Source Shipping Gazette - Daily Shipping News
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