Samuel Israel Appointed as New Regional CEO for Latin America

Damco is pleased to announce the appointment of Mr. Samuel Israel as Regional CEO for the Latin America Region. With over thirty years of experience in the logistics industry, Mr. Israel has occupied a number of high profile positions in the region, including Country Manager for Mexico at Danzas and 12 years as CEO for DHL Global Forwarding Latin America. […]

Damco Engages with Multiple Stakeholders to Assist its Customers in Adding Myanmar to its Supply Chain

Following extensive work with NGOs, local companies and diplomats, Damco is assisting its clients this year to open their supply chains up to the frontier market of Myanmar. Damco has commenced offering its customers access to the frontier market of Myanmar, after being granted a permanent license in July to operate under its own legal entity in the country, making […]

Damco Continues to Grow in a Difficult Market

Damco records significant growth in air freight (+14%) and supply chain management (+10%) 17th August 2013 – Global freight forwarder and logistics services provider Damco reports total revenues of USD 1,531 million for the first half of 2013 and a post tax operating loss of USD 2 million (Net Operating Profit After Tax). Underlying EBITA before special items in the first […]

Damco Reports Year-on-Year Revenue Increase of 6% in First Quarter With a Profit of 6 Million Dollars

Damco records above-market growth in air freight volumes (15%) and supply chain management volumes (10%) compared with last year, invests in the future with new global IT system 23rd May – Damco, one of the world’s leading freight forwarding and logistics service providers, reports a 6% increase in Quarter 1 net revenue with a total of 773 million USD, compared […]

Helmut Kaspers Joins Damco as CCO for West Europe

DAMCO West Europe has appointed Helmut Kaspers as Chief Commercial Officer Helmut Kaspers has been appointed DAMCO as CCO for West Europe Region. The new appointment marks another milestone in his career in logistics. His previous position was with leading international 3PL company Logwin as member of the executive committee with specific focus on Ocean and Air. His former career steps include roles […]

Senior Appointments Boost Damco Presence in Latin America

New appointments from the industry further strengthen Damco’s presence in the region March 28th, 2013 – As part of the continued investment in the emerging markets of Latin America, Damco has made several key appointments to further expand the company’s activities in the Region. Stefan Bengtsson has joined Damco as Chief Finance Officer (CFO) for Latin America and is based at […]

Damco recorded significant growth in 2012, and all products grew volume well ahead of the market.

25 February – Damco, one of the world’s leading freight forwarding and logistics service providers today reports a 19% increase in net revenue compared to 2011. Net revenue in 2012 increased to 3,272 million USD, from 2,752 in 2011. Gross profit saw a rise of 7% to 807 million USD in 2012.   “I am satisfied about our solid results […]

Management changes and senior appointments in Damco

The new year comes with several management changes on senior level in Damco.  23 January 2013 – During February, Damco will move its headquarters from Copenhagen in Danmark to The Hague in The Netherlands. At the same time, Damco carries out several changes on senior level. Having spent more than 10 years in China, Mr. Steffen Schiottz-Christensen has moved to […]

HEB awards DAMCO “Strategic Partner of the Year” in Supply Chain Division

On November 7th, during an award ceremony hosted by HEB Mexico at Parque Fundidora in Monterrey, Damco Mexico won the most prestigious award of “Strategic Partner of the Year” in the Supply Chain division of HEB. Damco won in recognition of an outstanding contribution to HEB. The Criteria to select the winner was based on cost savings, good service, expediting […]

Damco unveils missing link to supply chains

With a new network optimization tool, Damco now further enhances its end-to-end supply chain management platform to provide the utmost in cost savings to customers, while decreasing carbon emissions and enhancing overall supply chain design.  22 November 2012 – In recognition of the need with supply chain managers for cutting costs and securing a constant high degree of delivery performance, […]