Dimerco Express Corporation (5609) today announced the excellent business performance and continuous growth in revenue during the period, can be attributed to the competitive advantage and operational strengths of Dimerco’s extensive physical network in over 150 key niche markets and its powerful digital platform. This combination enables the company to provide customers with seamless, integrated international logistics value chain services that are accessible and efficient. The consolidated sales revenue of November 2024 is NTD 2,815 million, an increase of 43.6% compared to November 2023, and a growth of 2.5% compared to the previous month while cargo volume grew by 30% year-over-year, marking the highest monthly revenue for the year. This also set a new revenue record for the 24-month period since the end of the pandemic in November 2022. The consolidated sales revenue of November 2024 YTD is NTD 25,214 million, an increase of 28.8% compared to the same period last year.
In November, the air freight market remained relatively stable during the first three weeks but started to rebound from November 18, with shipping rates to the U.S. and Europe rising sharply. Demand continued to be driven by AI and smart computing and intelligence products. In the maritime shipping market, cargo volumes surged due to the Trump administration’s threats of additional tariffs on Chinese products and the possibility of a second strike on the U.S. East Coast and Gulf Coast. Retailers are expected to increase inventories ahead of the 2025 Lunar New Year. As a result, Global Port Tracker has raised its full-year import volume forecast for 2024 to 25.3 million TEUs, a 13.6% increase compared to 2023.
Dimerco offers diverse solutions to meet customer needs, leveraging AI and process automation to enhance productivity, optimize service efficiency, and create profit. Through digital marketing, Dimerco promotes value-added supply chain management services to attract high-quality clients. These efforts have yielded significant results, enabling sustained revenue growth and achieving a record-high revenue increase over 25 consecutive months.
For the Earth Sustainability, Dimerco has aligned ESG goals with Cathay’s vision on its Corporate Sustainable Aviation Fuel (SAF) Programme, to support the earth with practical action with our worldwide customers and stakeholders on reduction of greenhouse gas emissions associated with aviation.
Due to Dimerco’s global network of forwarding and logistics locations and our cloud-based SCM international logistics service platform with clear market positioning by focusing on niche market & differentiation, strategical localization and effective digital marketing to attract customers, Dimerco has been able to deliver solid results. The implementation of the latest Information Security Management (ISM) and protection framework ensures that information security measures align with the development of digital transformation. With the development on Digital Transformation, Cloud Networking SCM Platform of Dimerco Value Plus System® and Cyber Security Certification, Dimerco enhances not only on supply chain value to customers and continuous business development with multiple high-quality multinational clients but also on additional benefits and productivity to worldwide network through optimizing the service efficiency via artificial intelligence and process automation. Looking ahead, attributed to the competitive advantage and operational strengths of Dimerco’s extensive physical network in over 150 key niche markets and its powerful digital platform, Dimerco is poised to continue growing its revenue, constantly reaching new heights in both revenue and profitability.
Spokesperson: Jack Ruan +886 921-062500 / +8862 2796-3660#222
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