Air and sea freight drive revenue growth at Dachser

Air and sea freight drive revenue growth at Dachser

Net revenue at Dachser increased by 9.9 per cent in 2017 with the Air & Sea Logistics sector storming away with double digit growth.

Group net revenue was up 9.9 per cent from €4.8 billion in 2016 to €5.3 billion in 2017, with growth in all areas, but Air & Sea was the only one increasing at double digit rates.

Air & Sea Logistics revenue grew by 17.5 per cent to just under €1.2 billion, with Dachser saying increased business combined with a rise in airfreight rates helped the sector.

Dachser chief executive officer, Bernhard Simon says: “Air and sea freight is a volatile business with revenue as ever swinging between extremes. We are, however, focused on ensuring sustainably profitable growth. So we are increasingly dovetailing our two business fields and are pushing forward with system integration.”

The company says that despite favourable tail winds continuing through the first quarter of 2018, capacity bottlenecks and a shortage of drivers could potentially limit future growth.

Simon says: “For this reason, our commitment to training has top priority. We want to increase the number of trainee drivers every year and establish our quality concept also in other European countries.”

In 2017, the first 22 professional truck drivers completed their training through Dachser Service und Ausbildungs in Germany, with another 106 starting their training at 35 German locations.

Dachser’s investment in locations, fleets, technology and IT increased five per cent to €136 million in 2017 and another €188 million has been earmarked for investment in 2018.

Newsletter

Stay informed. Stay ahead. To get the latest air cargo news and industry trends delivered directly to your inbox, sign up now!

related articles

Texel Air operates world’s first extended 737-800BCF EDTO 120 flight

Lootah Biofuels explores collaboration with Vietnam’s SAVICO

Raya Airways launches new route from Penang to Hong Kong

Wait...Before you go

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Logo Air Cargo Week