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.

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.
11 Mar 2015
Deutsche Post DHL’s fourth quarter earnings slumped 17 percent even as the German mail, express and freight forwarding giant posted strong gains in ocean container and air freight revenues.
02 Mar 2015
A premium shipping market awaits container lines who would be willing to offer premium service at a higher price than commoditized service offered by most carriers today, Kuehne+Nagel Chairman Karl Gernandt told TPM 2015.
02 Mar 2015
The shipping executive perhaps best suited to assess the relationship between container lines and non-vessel operating common carriers sought on Monday to set to rest the tensions that have long existed between the two, and very much continue today.
25 Feb 2015
Kuehne+Nagel in 2014 became the largest non-vessel operating common carrier serving the overall U.S. import market, knocking longtime leader Expeditors International out of the top spot, according to PIERS, a sister product of JOC.com within IHS.
25 Feb 2015
Kuehne+Nagel posted a new record result in 2014 driven by a return to profit from its inland division and what it described as dmarket-beating growth in sea and air freight traffic.
28 Jan 2015
The world's largest ocean freight forwarder Kühne + Nagel has vowed to expand its leadership position as it launched a series of global events to commemorate its 125th anniversary in Bremen on Wednesday.
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.