DSV Panalpina cautious on 2020 despite strong 2019
DSV Panalpina has warned that it will be “difficult to predict the market situation in 2020” as DSV felt the benefits of the acquisition of Panalpina in the second half of 2019. For 2019 DSV Panalpina reported an 19.8% increase in turnover from DKK79bn to DKK94.7bn (£10.7bn). DSV completed the takeover of Panalpina in August…