In the third quarter of this year, the revenues of the Danish DSV and of the Swiss Kuehne + Nagel, two of the main logistics groups have recorded strong growth, driven above all by the the increase in sea and air freight rates, and, for the Danish company, also by a marked increase in volume generated by road shipments and other activities Logistic.

In the period July-September 2024, the DSV group total revenues of DKK 44.1 billion (DKK 5.9 billion) billion euros), with an increase of +23.9% on the corresponding period of last year, of which 14.0 billion produced by air shipments (+20.2%), 14.4 billion from maritime shipments (+40.5%), 10.0 billion from shipments road assets (+10.3%) and SEK 6.6 billion from other activities logistics (+19.5%). EBITDA amounted to over 5.8 billion kroner (+2.2%), with a contribution of 3.5 billion from the sea and air shipments (-0.8%), of 746 million from road shipments (+1.9%) and €1.5 billion from other solutions logistics (+10.3%). Operating profit was 4.4 billion (+0.5%), with contributions from the three main segments of assets of €2.3 billion (-0.6%), €514 billion million (-1.5%) and 636 million (+8.9%). DSV finished third quarter with a net profit of more than DKK 2.8 billion (+1,3%).

In the period July-September of this year, the volumes of air shipments handled by DSV amounted to 352 thousand tons (+8.5%) and sea shipment volumes to 704 thousand TEU containers (+7.7%).

In the third quarter of 2024, Kuehne+'s net sales Nagel totalled 6.5 billion Swiss francs (6.9 billion Swiss francs) of euros), with an increase of +19.3% to which they contributed mainly the net turnover of sea shipments with 2.6 billion (+35.9%) and air shipments with 1.8 billion (+19,8%). Growth in both net sales was more contained road logistics, which amounted to 859 million francs (+3.0%) in both the net sales of contract logistics and amounted to less than CHF 1.2 billion (+2.3%). Group EBITDA amounted to CHF 661 million Swiss (+3.3%), of which 262 million (+7.8%) from shipments 136 million (-11.1%) from air shipments, 40 million (-2.4%) from road shipments and 223 million (+9.9%) from contract logistics. EBIT was a total of €455 million (+2.0%), with a contribution of €256 million (+8.5%) from maritime shipments, of 120 million (-11.8%) from shipments 22 million (-15.4%) from road shipments and 57 million million (+18.8%) from contract logistics. Quarterly net profit by Kuehne + Nagel was CHF 339 million (+5,6%).

In the third quarter of this year, shipment volumes maritime traffic handled by the Swiss company decreased by -2.0% having amounted to over 1.1 million TEU containers, while the air shipment volumes increased by +6.7% rising to 526 thousand tons.

We recall that in the middle of last month the Danish group DSV has significantly expanded its activities by signing the agreement for the acquisition of the German DB Schenker, a company that has over 72 thousand employees ( of 13 September 2024).