The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
Kuehne + Nagel’s Bill Rooney takes aim at RFQs and bunker surcharges in remarks to Agriculture Transportation Coalition
Global freight forwarder attributes most of the 23.2% year-over-year first-quarter earnings drop to impact of COVID-19 pandemic .
XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.
U.S. freight forwarders have increasingly embraced canines as part of their technology-driven air cargo security programs.
Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
The world’s second-largest 3PL does not expect a rebound in air cargo markets until the second half of 2020.
The world’s second-largest third-party logistics provider reports sea and land transport Q3 performance gains but confirms air freight market decline.
Market Voice Brian Aoaeh has a fascinating interview with Wolfgang Lehmacher,, an expert on global supply chains (and much more)!
Forwarder outlines pathway to carbon neutral future as climate change takes on new urgency.
U.K.-based technology firm sees 2019 as pivotal year for logistics-focused technology.
The new interface was designed to increase speed, accuracy and efficiency.
Purchase of Worldwide Perishables Canada expands perishables business of world’s largest freight forwarder.
Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough environment,” Chief Executive Detlef Trefzger said. The second-largest freight forwarder globally, K + N (SIX: KNIN) reported earnings per share of $1.69, which was below […]
World’s largest ocean freight forwarder sees volume growth thanks to Asian export markets and its niche plays in pharma and healthcare.
World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
