Kuehne + Nagel

Kuehne + Nagel

Kuehne + Nagel tractor-trailer

Kuehne + Nagel is a freight forwarder that operates air, land, and sea routes. It is headquartered in Schindellegi, Switzerland and employs around 63,000 individuals in over 1000 offices spread throughout 100 countries.

In 2013, Kuehne + Nagel’s sea freight division recorded volume growth of 3 percent, rising to 3.6 million TEUs. The air division recorded a 3.8 percent increase in volume from 2012’s 1 million metric tons, to 1.1 million tons.

The company reported a 2.7 percent increase in gross profit ,from $6.9 billion in 2012 to $7.1 billion in 2013. The company’s revenue of $22.6 billion in 2013 earned it the No. 2 spot on JOC’s ranking of the Top 40 Global 3PLs.

21 Oct 2014
Panalpina’s ocean freight traffic increased by 9 percent in the third quarter, more than twice the market growth, but profit shrunk due to pressure on margins and adverse currency movements.
13 Oct 2014
Kuehne + Nagel credited rising U.S. container imports for driving a market-beating 7.4 percent increase in the global forwarding and logistics group’s third-quarter ocean freight traffic.
29 Sep 2014
Large forwarders are less inclined to accept loss leading business and will turn down contracts rather than supply transport services at below break-even levels, according to logistics companies with strong Asia Pacific business.
23 Sep 2014
Kuehne + Nagel, the world’s largest sea freight forwarder, said it is targeting the trans-Atlantic container trade to offset slowing Asian exports to Europe.
Bill Rooney
10 Aug 2014
William Rooney, Kuehne + Nagel vice president, responds to questions about the current slower growth environment and the NVO ability to provide “something broader than rates” as the trans-Pacific trade evolves.
23 Jul 2014
Chronic overcapacity in air and ocean container markets presents a long-term obstacle to profitability of forwarders, which achieve better results when rates are higher, according to Stifel.
14 Jul 2014
Kuehne + Nagel posted a market-beating increase in container traffic, but the strong Swiss franc restrained growth in the global forwarding and logistics group’s second-quarter earnings.
Question mark with Chinese flag elements within it
29 Jun 2014
Forwarders shipping goods via Shanghai are trying to decipher China Customs’ 24-Hour Advance Manifest (CCAM) regulations that either were implemented on June 3, will be implemented on June 28 or July 1, or will be strictly enforced from October 1, depending on the source.
21 May 2014
Much of the attention paid to the container shipping industry in the last few years has focused on the relentless drive of carriers to cut costs by ordering bigger, more fuel-efficient ships.
12 May 2014
It occupies only 300 square feet in the world’s biggest international airport, but American Airlines Cargo’s first European temperature-controlled facility, which opened in London Heathrow last week, underscores the rise of health care as a key driver of global transport demand.
17 Apr 2014
A rise in European exports helped lift Kuehne + Nagel’s ocean freight traffic by a market-beating 6.9 percent in the first quarter.
03 Mar 2014
Kuehne+Nagel’s operating earnings soared 20 percent in 2013 driven by market-beating growth in air freight volumes, almost doubled contract logistics profit and increased market share on the transpacific and transatlantic container trades.