NEWS DETAILS

AsstrA's H1 2020 Profit Up by 3% vs H1 2019

28.07.2020

The AsstrA-Associated Traffic AG international logistics corporate group summed up the results of its global operations during the first six months of 2020.

The AsstrA-Associated Traffic AG group’s turnover for the first half of 2020 amounted to 147 million euros, which is 2% lower than during the same period last year. The group’s gross profit increased 3% compared to the first half of 2019.

From January to June 2020, the corporate group’s team completed 82 thousand international shipment orders, 7% more than during those months in 2019. The weight of cargo transported during this time in 2020 exceeded 2 million tons, which is also 7% more than in the first half of 2019.

The AsstrA corporate group’s client portfolio grew by 172 companies during the first six months of 2020. Most new partners operate in the fertilizer industry (+57%), as well as in the pharmaceutical (+47%) and engineering (+32%) industries.

The AsstrA Trade logistics outsourcing division showed a record increase in the number of transactions, which were up 166%. There was also an increase in demand for bulk cargo transportation (+55%) and customs services (+31%).

Most often, AsstrA-Associated Traffic AG customers chose road transport, which accounted for 61,000 transactions for the first half of 2020, which exceeded the figure for the same period in 2019 by 6%. Thus, road transport accounted for 75% of all transport organized by the group. 3.5 thousand shipments were completed by sea, 2.5 thousand by rail, and 1.5 thousand by air.

This year, the group's divisions in new York, Tashkent, Budapest and London started operating. Today, the AsstrA-Associated Traffic AG network includes 40 branches in the CIS, Europe, Asia and the USA with a combined team of over 1,100 people.

"The coronavirus pandemic forced us to learn to work in a new way and take a different perspective on our strategy of long-term partnership with customers and suppliers. Thanks to our proactive, constructive approach, the company managed to achieve results for the first half of 2020 no worse than last year’s levels. In June and July, there was an even an upward growth trend,” said Dmitry Lagun, AsstrA-Associated Traffic AG General Director. “It is important to hustle and never give up. It is necessary to remember that crisis situations also create opportunities; you just need to stay flexible and quickly adapt to changes. Instead of reducing staff and cutting costs, we are developing further. And these are not just words – despite a challenging start to 2020, we are expanding our geographical presence. Four new offices started operating in the first 6 months of this year. And we plan to open several more before the end of the year."

About AsstrA

AsstrA-Associated Traffic AG is a multinational transportation and logistics service provider headquartered in Zurich, Switzerland. For 30 years, AsstrA has been providing its customers with a full range of global 3PL services via road, rail, air, and sea transportation. The service portfolio includes warehouse logistics, customs clearance, cargo insurance, support for import-export operations, and project logistics.

AsstrA’s team employs more than 1,000 people in countries across Europe, the CIS, Asia, and the USA. The quality of services is confirmed by ISO 9001, ISO 14001, ISO 45001, ISO 22000, ISO 28000, GDP, and SQAS certifications.

AsstrA-Associated Traffic AG is a member of leading trade associations including FIATA, WCA, and TAPA.