newstodate.aero
Oct 28, 2009 (newstodate): After a bleak first half-year 2009, at least one Danish freight forwarder remains optimistic about prospects for recovery.
-The first six months of this were, admittedly, tough and demanding for us as for everyone else in the industry. But beginning from August and September, times have changed for the better, says Ole Haahr Hansen, Blue Water Shipping AS.
-In turn-over, we are now on levels with 2008 where the collapse came only during the last two months of the year. Our airfreight volumes are growing by 15-20 percent over last year, while the number of shipments are almost unchanged against 2008. But while rates have dipped low, the growth in volumes has driven up the turn-over, out-balancing this factor.
-We note a significant improvement and growth in export airfreight to as well as imports from the Far East, and USA and South America are also increasing in our export volumes.
-We are also very well-positioned in airfreight in the North Atlantic markets comprising Greenland and the Faroe Islands as well as Iceland that has, however, been strongly affected by the global financial crisis.
-As we see it, the industry is now returning to its normal cyclical patterns after a few frenzy years with unlimited growth. We expect to peak in volumes by mid-November, followed by a quiet period in December. January 2010 will probably start out in a low gear, the Chinese New Year will mark the levels in February - and we will then enter March and April where we expect wheels to turn faster again, says Mr Haahr Hansen.
-The first six months of this were, admittedly, tough and demanding for us as for everyone else in the industry. But beginning from August and September, times have changed for the better, says Ole Haahr Hansen, Blue Water Shipping AS.
-In turn-over, we are now on levels with 2008 where the collapse came only during the last two months of the year. Our airfreight volumes are growing by 15-20 percent over last year, while the number of shipments are almost unchanged against 2008. But while rates have dipped low, the growth in volumes has driven up the turn-over, out-balancing this factor.
-We note a significant improvement and growth in export airfreight to as well as imports from the Far East, and USA and South America are also increasing in our export volumes.
-We are also very well-positioned in airfreight in the North Atlantic markets comprising Greenland and the Faroe Islands as well as Iceland that has, however, been strongly affected by the global financial crisis.
-As we see it, the industry is now returning to its normal cyclical patterns after a few frenzy years with unlimited growth. We expect to peak in volumes by mid-November, followed by a quiet period in December. January 2010 will probably start out in a low gear, the Chinese New Year will mark the levels in February - and we will then enter March and April where we expect wheels to turn faster again, says Mr Haahr Hansen.