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.

01 Mar 2017
Kuehne + Nagel posted a record result for 2016.
02 Mar 2016
Gross profit at Kuenhe + Nagel slipped 0.6 percent to $6.25 billion year-over-year for 2015, as a strong Swiss franc, which is currently even with the U.S. dollar, and weak container traffic offset a rise in air cargo volume.
13 Oct 2015
Kuehne+Nagel’s third-quarter operating profit grew 9 percent year-over-year as lower costs and a switch to the U.S. ocean container market from the troubled Asia-Europe trade more than offset negative currency movements.
16 Jul 2015
German logistics operator DB Schenker and Austria’s Express Interfracht have been fined a combined 49 million euros ($54 million) by European Union trust busters for fixing freight rates for eight years.
14 Jul 2015
Kuehne + Nagel’s net earnings rose 6.8 percent in the second quarter as strong growth in air freight tonnage offset lower ocean container volumes.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
14 Apr 2015
Net earnings at the world’s largest ocean freight forwarder crept up in the first quarter, but revenue dipped.