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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
21 Jul 2020
Kuehne + Nagel believes its loss-making first half performance was still a “good result” considering the challenges created by drastic global measures to combat COVID-19.
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