Legendary logistics executive Klaus-Michael Kühne dead at 89
Klaus-Michael Kühne, who took Kuehne+Nagel from a regional European company to a top global logistics provider, has died.
Klaus-Michael Kühne, who took Kuehne+Nagel from a regional European company to a top global logistics provider, has died.
Three major freight forwarding companies — Ceva, DSV and Kuehne+Nagel — have recently entered transport agreements with large cargo airlines to operate dedicated international flights to Chicago for customers.
More than 1,200 workers are affected by recent logistics layoffs as several small freight operators file for bankruptcy.
Kuehne+Nagel is a bell weather for the logistics sector, which faces more uncertainty with the Middle East conflict underway. The company says it plans to cut 2,000 workers.
A formal trade framework between the EU and U.S. should stabilize container cargo flows on trans-Atlantic routes, says forwarder Kuehne & Nagel.
This week in Borderlands Mexico: Tariffs, language rule hit cross-border trucking; Kuehne+Nagel opens border logistics facility in Texas; Kuehne+Nagel opens border logistics facility in Texas; German automotive supplier expands in Mexico; and Sabine-Neches Waterway project secures $172M grant.
Shippers and logistics professionals are bracing for U.S. tariffs on Mexican and Canadian imports that could begin Saturday.
Amazon, DHL, GXO, Kuehne+Nagel, Pepsico and True Value Co. are among firms announcing job cuts, according to a new round of worker reduction notices.
This week in Borderlands: Kuehne+Nagel is expanding in Texas to meet rising manufacturing demand; Canadian government opens cross-border trade office in Arizona; China-based automotive supplier opens factory in Aguascalientes, Mexico; and new 500,000-square-foot logistics hub being constructed near Dallas.
Mexico ranked as the United States’ top trading partner in January, accounting for $64.5 billion in cross-border commerce.
Kuehne+Nagel is the largest logistics company in the world, but it wasn’t immune to downward market forces in 2023.
Birmingham airport in Alabama welcomed the first regularly scheduled 747 freighter organized by logistics provider Kuehne+Nagel.
Kuehne + Nagel had a highly profitable year in 2022 despite macroeconomic headwinds, but results fell considerably in the fourth quarter along with transport demand.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
Los índices de transporte marítimo transpacífico de contenedores al contado de FBX han subido en la última semana
Kuehne + Nagel continued profit growth in Q2 by charging customers more for extra service to keep supply chains fluid.
A Swiss logistics company and Baker Hughes, its customer, must take their dispute over a botched air cargo shipment to arbitration, a U.S. federal court said.
New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.
Shippers should brace for “skyrocketing haulage costs,” HLS Holding warns.
ULSD rises slightly, semiconductor shortage could get worse and more 3PLs suspend shipments to and from Russia.