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Airfreight Services Market Size, Share and Gllobal Outlook During 2020 to 2026; Kuehne + Nagel International AG (OTC:KHNGY), DSV A/S (OTC:DSDVY), C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)
Apr 17, 2020 Xherald —
The MarketInsightsReport has published a report titled global Airfreight Services Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
The global Airfreight Services Market is projected to grow at a CAGR of around 5.0% during the forecast period 2020 to 2025.
Top Companies in the Global Airfreight Services Market are Kuehne + Nagel International AG (OTC:KHNGY), Deutsche Post DHL, DB Schenker, Nippon Express, DSV A/S (OTC:DSDVY), C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), Agility Logistics and Others.
Click here to get free latest sample PDF copy of updated research 2020 before purchase https://www.marketinsightsreports.com/reports/04021946043/global-airfreight-services-market-size-status-and-forecast-2020-2026/inquiry?mode=72&source=XH
Types of the market are Airfreight Shipments, Suite of Airfreight Products and Other.
Applications of the market are Manufacturing, Retail and Other.
(Avail Offer: Flat 30% Discount on this report) Browse Full report description with TOC https://www.marketinsightsreports.com/reports/04021946043/global-airfreight-services-market-size-status-and-forecast-2020-2026?mode=72&source=XH
News Updates
DHL airfreight volumes down 4.6% in 2019 (10 / 03 / 2020) The world's largest airfreight forwarder DHL Global Forwarding saw airfreight revenues and volumes decline last year, but gross profit improved (see charts at end of article). The DHL Global Forwarding, Freight division saw total airfreight volumes for 2019 decline by 4.6% year on year to 2m tonnes, while revenues were down 3.1% to EUR4.8bn. However, gross profit improved by 0.7% on 2018 levels to EUR949m last year. The decline in air revenues and volumes reflects a downturn in the overall airfreight market last year, which IATA figures show declined by 3.3% in 2019. For More (Source)
Rival Kuehne + Nagel International AG (OTC:KHNGY) saw its airfreight volumes slip by 5.7% to 1.6m tonnes last year. (10 / 03 / 2020) Overall revenues for the division improved by 1% to EUR15.1bn and earnings before interest and tax (ebit) increased by 17.8% year on year to EUR521m. "Despite the [air] volume decline, gross profit from airfreight increased slightly thanks to better margins," the company said. "Our industrial project business performed significantly better than in the previous year." Looking at the overall Deutsche Post DHL business, group revenue was up 2.9% year on year to EUR63.3bn, with all five divisions contributing to this positive performance. Ebit improved by 30.6% to EUR4.1bn – a new record. For More (Source)
Related Reports
Global Airfreight Forwarding Market Research Report 2015-2027 Of Major Types, Applications And Competitive Vendors In Top Regions And Countries https://www.marketinsightsreports.com/reports/04121989031/global-airfreight-forwarding-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries?source=XH&mode=72
Regions covered By Airfreight Services Market Report 2020 To 2026 are North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other).
Effect of the Airfreight Services market report is – Comprehensive evaluation of all opportunities and risks in the market. – Airfreight Services market current developments and significant occasions. – Deep study of business techniques for development of the market-driving players. – Conclusive study about the improvement plot of market for approaching years. – Top to bottom approach of market-express drivers, targets and major littler scale markets. – Favorable impression inside imperative mechanical and publicize latest examples striking the market.
Contact Us Irfan Tamboli (Sales Manager) – Market Insights Reports Phone: + 1704 266 3234 | +91-750-707-8687 sales@marketinsightsreports.com | irfan@marketinsightsreports.com
********************************************************************** As of Monday, 04-13-2020 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 02-01-2012 for CHRW @ $64.29. For more infor
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