Peter Penseel to join Delta as SVP and President – Delta Cargo

 Peter Penseel will join Delta Air Lines as SVP and President – Delta Cargo, effective June 1, 2024.

"In this role, Peter will be responsible for driving revenue and profitable growth, delivering industry-leading customer service, and ensuring operational excellence within Delta’s Cargo business. With more than three decades of experience in the logistics industry, including stints in the air cargo and freight forwarding sectors, Peter will leverage his extensive knowledge and established history of effective leadership to accelerate Delta Cargo’s progress as an innovative and world-class air cargo carrier," says an official release from Delta.

Penseel joins Delta from CEVA Logistics where he was the Chief Operating Officer of their airfreight division. While at CEVA, he spearheaded the launch of in-house cargo capacity. Prior to his time at CEVA Logistics, Penseel held several leadership positions at Qatar Airways Cargo, DHL Global Forwarding and UTi Worldwide.

Penseel will relocate to Delta’s global headquarters in Atlanta, the release added.

Penseel will take over from Rob Walpole, who retired from Delta as Vice President, Delta Cargo in February 2024 after leading Delta Cargo to a $1 billion, 2,500-team operation.

Link with Bollore deal?
CMA CGM, the parent company of CEVA, recently completed a €4.85 billion acquisition of Bolloré Logistics. This is CMA CGM’s largest acquisition since its creation in 1978, "and constitutes a major step in the CMA CGM Group’s logistics development strategy, complementing its historical maritime transport line of business."