Tuesday, May 17, 2022

Hellmann 2021 revenue above €4bn on volume boost

 Hellmann Worldwide Logistics closed 2021 as the most successful financial year in its 150-year history as consolidated sales increased €1.5 billion ($1.8 billion), an increase of 61 percent, and crossed €4 billion ($4.7 billion) for the first time. 



"In a market environment shaped by capacity bottlenecks, rising freight rates, and supply chain disruptions, Hellmann was able to secure additional capacity for its customers as well as offer tailored logistics solutions. As a result, the number of shipments increased 25 percent to 20.3 million compared to the prior year (16.2 million)," according to an official statement.

Read more...www.stattimes.com

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