Switzerland

Switzerland

MSC, Lufthansa bid for ITA opens door to global air freight network

27 May 2022
If the offer by MSC and Lufthansa for ITA is successful, it will provide the ocean carrier with access to significant air freight capacity.
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China lockdowns will impact peak production: K+N CEO
26 Apr 2022
Kuehne + Nagel reported solid-first quarter results, but its outlook for the rest of the year remains muddied with no end to COVID-19 controls in China, deteriorating global supply chains, and consumer demand uncertainty.
K+N, Cainiao ink long-term charters for last B747 freighters
17 Feb 2022
Sustained demand on the trans-Pacific and limited capacity is pushing forwarders such as Kuehne + Nagel to lock in long-term air cargo charter commitments.
North America facing worst of port congestion: K&N
20 Jan 2022
A new key performance indicator measuring the congested ports of Europe, Asia, and the US in terms of TEU waiting days shows most of the bottlenecks are occurring at North American terminals.
Trefzger to step down as K+N CEO in mid-2022
23 Nov 2021
After a decade leading one of the world’s largest forwarders, Detlef Trefzger will step down as CEO of Kuehne + Nagel in the middle of next year.
‘Chaotic market’ could continue for another 12 months: K+N
20 Oct 2021
The challenging conditions will continue to disrupt global supply chains into 2022, but forwarders have joined carriers in posting huge increases in profitability.
‘Tense’ market to extend through 2021: K+N
26 Apr 2021
Limited capacity and strong demand on air and ocean trades out of Asia allowed Kuehne + Nagel to build a solid first quarter.
Solid Q4 demand gave K+N strong finish to 2020
03 Mar 2021
Kuehne + Nagel turned around a weak first half of 2020 when the pandemic slashed demand, building back its business with air cargo profitability leading the way.
K+N expands Asian air freight footprint with Apex takeover
22 Feb 2021
Kuehne + Nagel has made its biggest ever takeover deal in an agreement to acquire Chinese forwarder Apex and capitalize on explosive growth in the Asia Pacific e-commerce market.
Ex-Maersk COO Toft takes the helm at MSC
02 Dec 2020
After a 12-month “cooling off” period since leaving his COO position at Maersk in November 2019, Soren Toft this week becomes the first non-Aponte family member to take on the CEO role at Mediterranean Shipping Co.
Kuehne + Nagel posts solid Q3 result, but urges Q4 caution
20 Oct 2020
While demand momentum from the third quarter has extended into October, Kuehne + Nagel warned that maintaining current elevated levels through the end of the year is by no means a given.