{"id":95958,"date":"2021-06-28T10:30:46","date_gmt":"2021-06-28T03:30:46","guid":{"rendered":"https:\/\/advantage.vn\/dsv-panalpina-se-tro-thanh-cong-ty-giao-nhan-lon-nhat-the-gioi-sau-khi-tiep-quan-agility-gil-thanh-cong\/"},"modified":"2022-08-20T15:16:31","modified_gmt":"2022-08-20T08:16:31","slug":"dsv-panalpina-will-be-worlds-largest-forwarder-after-agility-buy-completes","status":"publish","type":"post","link":"https:\/\/advantage.vn\/en\/dsv-panalpina-will-be-worlds-largest-forwarder-after-agility-buy-completes\/","title":{"rendered":"DSV Panalpina will be world&#8217;s largest forwarder after Agility buy completes"},"content":{"rendered":"<p><strong>Assuming its proposed takeover of Agility GIL is completed, DSV Panalpina will become the world\u2019s largest freight forwarder in terms of air and ocean revenues, according to new analysis\u00a0from Transport Intelligence (Ti).<\/strong><\/p>\n<p>Ti\u2019s recently published\u00a0<em>Global Freight Forwarding Market 2021<\/em>\u00a0ranks Kuehne + Nagel (KN) as the current market leader, with combined revenues of \u20ac11.5bn, followed by DHL Global Forwarding, with \u20ac10.9bn.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-81722\" src=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/SHIPPING_1600x900-e1624846627758.jpg\" alt=\"DSV Panalpina will be world's largest forwarder after Agility buy completes\" width=\"800\" height=\"450\" srcset=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/SHIPPING_1600x900-e1624846627758.jpg 800w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/SHIPPING_1600x900-e1624846627758-300x169.jpg 300w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/SHIPPING_1600x900-e1624846627758-768x432.jpg 768w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/SHIPPING_1600x900-e1624846627758-600x338.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>DSV Panalpina is ranked third, with a revenue of \u20ac9.9bn, and Agility 12th, with \u20ac2.8bn.<\/p>\n<p>The report says: \u201cWith the deal set to be completed in the second half of 2021, the stage is set for changes at the top of the ranking. GIL\u2019s \u20ac2.8bn revenues would see DSV Panalpina displace both KN and DHL GF.\u201d<\/p>\n<p>It adds that this would be despite a difficult 2020 for the newly merged DSV-Panalpina, which was undergoing the integration of the two firms.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-81724\" src=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/z2579461522817_32d94db02804f58ca2ff57301823bb30-e1624846698157.jpg\" alt=\"DSV Panalpina will be world's largest forwarder after Agility buy completes\" width=\"800\" height=\"450\" srcset=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/z2579461522817_32d94db02804f58ca2ff57301823bb30-e1624846698157.jpg 800w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/z2579461522817_32d94db02804f58ca2ff57301823bb30-e1624846698157-300x169.jpg 300w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/z2579461522817_32d94db02804f58ca2ff57301823bb30-e1624846698157-768x432.jpg 768w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/z2579461522817_32d94db02804f58ca2ff57301823bb30-e1624846698157-600x338.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>The final quarter of 2020 was the first with the full impact of the Panalpina acquisition seen in comparative figures, and it shows the new company is smaller than the individual entities of DSV and Panalpina combined.<\/p>\n<p>\u201cThe loss of a major customer, scaling back of Panalpina\u2019s perishables business and discontinuation of other activities were noted as reasons for air volumes falling a staggering 26% year on year in Q4, well below market performance,\u201d the consultancy said. DSV Panalpina-Agility is also expected to become the market share leader, according to Ti data.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-81726\" src=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/dsv-panalpina-acquires-agilitys-global-integrated-logistics-business-e1624846770547.jpg\" alt=\"DSV Panalpina will be world's largest forwarder after Agility buy completes\" width=\"800\" height=\"450\" srcset=\"https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/dsv-panalpina-acquires-agilitys-global-integrated-logistics-business-e1624846770547.jpg 800w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/dsv-panalpina-acquires-agilitys-global-integrated-logistics-business-e1624846770547-300x169.jpg 300w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/dsv-panalpina-acquires-agilitys-global-integrated-logistics-business-e1624846770547-768x432.jpg 768w, https:\/\/advantage.vn\/wp-content\/uploads\/2021\/06\/dsv-panalpina-acquires-agilitys-global-integrated-logistics-business-e1624846770547-600x338.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>It shows current leader KN\u2019s market share of 7.3% would be superseded by the combination of DSV-Panalpina\u2019s 6.3% and Agility\u2019s 1.7% market share.<\/p>\n<p>In a separate development, the report also reveals that, following the migration of the Damco brand last year to its parent company as part of Maersk\u2019s integrator push, Maersk Logistics &amp; Services now finds itself as the world\u2019s 18th-largest air freight forwarder, with annual revenue of \u20ac663m and a market share of 0.7%.<\/p>\n<p style=\"text-align: right;\"><strong>Source: The Loadstar<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Assuming its proposed takeover of Agility GIL is completed, DSV Panalpina will become the world\u2019s largest freight forwarder in terms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":81721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - 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