Danish forwarder DSV, which closed the acquisition of Panalpina on Aug. 19, 2019, reported airfreight tonnage up 63% year-over-year in Q3. Excluding the Panalpina acquisition, organic airfreight growth was down 6%. Even when accounting for the windfall in volumes from the Panalpina acquisition, the company’s Air & Sea forwarding division performed relatively well. Revenue reported […]
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Chelsea Toczauer is the Associate Editor of the company’s daily news and monthly magazine Air Cargo World. She holds two BAs in International Relations and Asian Languages and Cultures from the University of Southern California, as well as a double accredited US-Chinese MA in International Studies from the Johns Hopkins University-Nanjing University joint degree program. Chelsea speaks Mandarin and Russian.