German Logistics Company Dachser has recently revealed their financial results for 2017 that show a substantial increase across all of their operations, with substantial increases for Dachser Asia Pacific.
The company for the first time had yearly revenue above 6 billion Euro, gross revenue was 6.12 billion, an increase of 7.2 percent. Their largest revenue growth was achieved by their Dachser Asia Pacific operations with a growth of 25 percent with a 21.4 percent growth in airfreight tonnage.
CEO Dachser SE, Bernhard Simon said, “Rising rates for air and sea freight, in particular, helped us achieve a significant increase in revenue.”
“We systematically pursued our successful export strategy for European overland transport and gained an additional tailwind from invigorated global trade.”
This increase in turnover in the Asian region allowed Dachser Asia Pacific to amass over 400 million Euro for the first time in their history. Continued development of Intra-Asia has also been integral to the growth.
Managing Director Air & Sea Logistics Asia Pacific, Edoardo Podestá said, “Having a strong and long-term oriented focus on the Asia Pacific region, we are continuously developing services and trade lanes within our network.”
Dachser Asia Pacific has a network of 49 locations throughout the region. Over the last few years, the branch has continued to grow such as the procurement of new office buildings in Bangkok, Delhi and Dalian.
Last year the Asia Pacific team expanded to 1,672 full-time employees an increase of 8.7 percent on the previous year.
Mr. Podestá explained, “We are committed to creating job opportunities and career paths for the next generation in Asia. Initiatives like our Asia Pacific Management Trainee Program are an outcome out of this strategy,”
He further added, “Our focus on large, multinational customers led to excellent growth rates which overtook market growth not only in terms of turnover but also in terms of volumes.”
Mr. Podestá was referring to the fact that shipments grew by 8.6 percent, air freight tonnage by 21.4 percent and TEU by 12.5 percent.