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The European General Data Protection Regulation (GDPR) went into effect on May 25, 2018 after a two-year transitional period. The regulation places stricter requirements on companies and authorities for ensuring data protection and imposes tough penalties for non-compliance. Being a German-based company, DACHSER acts as per GDPR on a worldwide scale, especially as the new regulations apply to data on EU citizens around the world.
Riding on the tailwind of robust growth in Asia Pacific last fiscal year, DACHSER India further expands its network in Gurugram, India’s largest business district located in the north of the country.
To accommodate continuous business growth, DACHSER Korea has moved to bigger premises in order to lay the foundation for further expansion of its worldwide supply chain solutions.
In the 2017 financial year, the global logistics provider DACHSER for the first time achieved a revenue of over EUR 6 billion. Its consolidated gross revenue increased by 7.2 percent to EUR 6.12 billion. DACHSER Asia Pacific achieved the largest revenue growth of 25 percent with air freight tonnage growing by 21.4 percent.

Market Information

Since 20th May the truckers in Brazil have been on strike to protest against the rising fuel prices. The strike caused nationwide chaos and delays in shipments.
The trucking situation in the U.S. continues to deteriorate. Several cities are heavily impacted by tight capacity leading to delays, chassis shortages and higher trucking prices that vary from region to region.
To cope with the pre-CNY volume surge, some carriers have announced rate increase and are applying peak season surcharge. Westbound blank sailings will be implemented by carriers starting from week 7 to 10 (depending on trade lanes) to adjust capacity for the reduced demand.
China’s busiest time of year is fast approaching. Chinese New Year (CNY) is celebrated nationwide meaning all businesses around the country will close, including all factories. During this time all workers will travel across the country to return to their families and celebrate the New Year, with all manufacturing shutting down for the duration.

Air & Sea Logistics

As an expert in worldwide air and sea freight logistics, the business segment DACHSER Air & Sea Logistics stands for global, integrated and efficient supply chain solutions worldwide.