Against the odds: DSV, Mærsk, DP-DHL & Kuehne – catching falling knives
Are your fingers safe?
DSV Panalpina has released preliminary, unaudited results for the Q3 20 and updated guidance for the year. Late on Friday it said:
During Q3 2020, we have seen a strong financial performance in all divisions, with results exceeding our internal expectations. The results are driven by better than anticipated market conditions across our different markets and lower than anticipated negative impacts from COVID-19.
The air freight market continues to be characterised by tight capacity, and although volumes are lower than same period ...