Despite the dramatic decline in passenger numbers last year, a fourth-quarter surge in freight volumes helped mitigate the decline in Danish ferry operator DFDS’s profitability.
“Passenger results were wiped out by the pandemic,” chief executive Torben Carlson said, referring to a 93% year-on-year decline in numbers, “but we also saw how resilient our freight business is.”
Fourth-quarter freight volumes on its North Sea routes were up 16%, and 17% on cross-Channel services, attributed to...
https://theloadstar.com/resilient-freight-business-rescues-a-tough-year-for-dfds/