2024: Sublime DSV, battered Kuehne, after a year to remember
It’s in the numbers – and mind the (Schenker) gap
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
Demand for Asia-Europe road freight services is picking up, on the back of the continuing high air freight rates on the route.
DSV Panalpina said the air freight capacity crunch in the wake of the coronavirus pandemic, which led to steep increases in air freight rates as well as slowdown in air freight supply chains due to congestion, had brought increased demand for its China-Europe trucking service.
“Transit time for air freight from Shanghai, China to an airport in Western Europe is now around eight days; last month it was up to 14 days,” the company said.
“Our road transport service from Eastern China to Western Europe has gained in popularity as it is a viable alternative to air, sea and rail,” said Tine Jørgensen, rail & gateway manager at DSV’s Air & Sea forwarding division.
Its road freight service between Shanghai and Hamburg takes 15-17 days, depending on whether it employs one of two drivers.
“We operate the service with one driver. We have the possibility to add a second to save two-to-three days, but we are of course always following local restrictions and legislation,” a DSV spokesman added.
The service, which departs from Shanghai and the Pearl River Delta, cross-docks at a facility in Kazakhstan, with fixed departures for less-then-truckload (LTL) shipments. Full truckload (FTL) shipments depart “when the cargo is ready”.
DSV told The Loadstar it was employing subcontracted haulage for the service and “there is a normal import flow of road from Europe to Kazakhstan. It is these trucks we are using for the return trip”.
It also said: “So far we have had no issues at the land borders. Documentation is pre-checked before crossing.”
Comment on this article
John Lew
June 02, 2020 at 7:34 amSo True, the covid-19 has impacted the whole world. The freight services are also not so untouched and air freight rates are getting so high. We appreciate the steps DSV taking and transporting goods through road freight instead of Air freight.