DHL rockets – but time ‘for Global Forwarding to catch up with DSV’
…and Schenker dilution might just help
Sinotrans, China’s most prominent logistics services provider quietly reported its third quarter (Q3 ’20) update this week, which almost passed unnoticed everywhere.
What nobody has missed though, are stories like these: “As Covid persists and US election nears, China growth lifts Asia“.
Behemoth
Fighting at the top of the league tables (as gauged by global freight forwarding revenues; click to expand) sourced from Transport Intelligence…
… it is in a sweet spot among the majors, boasting meaningful market share in a highly fragmented market, ...
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