newstodate.aero
Feb 09, 2022 (newstodate): The Danish transport and logistics giant DSV reports a strong performance in 2021 - with air freight no exception.
-The global air freight market continues to be affected by high demand and limited belly space in passenger planes, meaning less available cargo capacity and high rates, says DSV in its report out today.
-Passenger traffic did gradually return in 2021, but the associated belly capacity increase has mainly been on domestic and regional passenger flights, not long-haul intercontinental routes.
-Lockdowns and congestion at airports in different parts of the world caused significant disruptions for air freight during 2021. Additionally, sea freight challenges added more volume to air freight, with delays forcing shippers to find alternatives, the report says.
Summing up, DSV Air & Sea generated a total of 58,000 tonnes of air cargo, in addition to 17,000 tonnes from GIL, Agility's Global Integrated Logistics, acquired in April 2021 and now fully integrated within DSV.
Now the world's 3rd largest transport and logistics company, DSV has a combined workforce of more than 70,000 employees.
In addition to a strong focus on key strategic carrier relationships, DSV has expanded its air charter network, which now contributes over 10 percent of the total DSV and GIL volumes.