Supply Chain Council of European Union | Scceu.org
Transportation

BRIEF-Freight Forwarder DSV To Cut 3,000 Jobs As Virus Hits Global Trade

April 30 (Reuters) –

* FREIGHT FORWARDER DSV’S CFO EXPECTS FREIGHT MARKET TO BOTTOM OUT IN APRIL OR MAY

* DSV CFO SAYS FIRM WILL CUT AROUND 3.000 JOBS AS PART OF NEW COST CUTTING PROGRAMME (EMPLOYS AROUND 59,000 PEOPLE IN TOTAL)

* DSV CFO SAYS GLOBAL AIR FREIGHT ACTIVITY IS DOWN AROUND 20% IN APRIL; SEA FREIGHT ACTIVITY DOWN AROUND 15% (Reporting by Stine Jacobsen)

Related posts

Looters targeting LA trains leave sea of discarded packages

scceu

Airfreight company diversifying into sea freight of apples, citrus & avos

scceu

Renewable LNG May Not Improve Near-Term GHG Emissions

scceu