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.
Kuehne + Nagel
Kuehne + Nagel
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.
02 Jul 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.
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.
15 Oct 2013
Kuehne + Nagel’s third-quarter earnings increased 8.3 percent year-over-year, even as the Swiss logistics giant’s core ocean container business stalled as it prioritized profit ahead of volume.
27 Sep 2013
Plans for a merger of rail logistics operations by Kuehne + Nagel and VTG Aktiengesellschaft advanced today with the signing of a merger agreement by...
15 Aug 2013
Kuehne + Nagel’s board of directors today appointed Detlef Trefzger as its CEO.