Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Maersk Air Cargo ditched some of its less-profitable customers, a move which saw its airfreight ...
By Alex Lennane
DHL’s Global Forwarding division was the shining star in what the company called a “solid” set of results – which also noted the “normalisation” of e-commerce after the pandemic-related surge.
The group saw revenues rise nearly 20% to €22.59bn ($23.88bn), resulting in ebit of €2.15bn, up nearly 13%.
Of this, Global Forwarding accounted for €6bn, up 70% from a year earlier. Air freight revenue rose 55%, to €2.85bn, “due mainly to tradelanes between the US and Europe”, while sea freight revenue grew ...
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