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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

While peak season and China’s October 1 Golden Week are approaching, US-imposed additional tariffs on USD 50 billion worth of goods imported from China are driving the sea freight market.
In early June 2018, the Shanghai Cooperation Organization (SCO) Summit will be held in Qingdao, a coastal city in Shandong province in China. The event is assumed to take place from 8th to 11th June, however the exact dates have not yet been announced by the authorities due to security reasons. An update will be provided as soon as the dates are confirmed.
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.
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.