News / DSV and K+N boast growing air cargo volumes, boosted by acquisitions

DSV and Kuehne + Nagel have both claimed above average performance in air freight, with figures also boosted by acquisitions.

DSV said its first-half revenues in air jumped some 80%, to Dkr49bn ($6.7bn), while gross profit jumped 72% to Dkr9.7bn ($1.3bn). Gross profit per unit was Dkr11,981 in H1 in air. Volumes only increased by 18%, however, to 813,505 tonnes.

Kuehne + Nagel, buoyed by its Apex acquisition, saw its air freight ebit more than double from Sfr406m ($422m) to Sfr866m, on ...