Global freight forwarder Damco’s airfreight volumes in the first half of 2013 were up by 14 percent year over year.
Supply chain management volumes grew by 10 percent, while seafreight decreased by 1 percent.
“In weak markets, we continue to invest in building the future with special focus on expanding our geographical coverage and rolling out our new global freight management system,” CEO Rolf Habben-Jansen said. “This is needed to enable future growth and to optimize our cost to serve. We will start seeing the benefits from this later this year and expect to see solid year-on-year improvements in the results from Q4 2013 onwards.”
In the upcoming quarters, Damco does not anticipate a major improvement in the market situation.