Kuehne + Nagel volumes rise in 2017, but margins narrow

Kuehne + Nagel volumes rise in 2017, but margins narrow

Although the world’s biggest ocean freight forwarder gained market share, increasing its TEU bookings by 7.5 percent (versus about 5.0 percent market growth) to 4.4 million TEU, its overall gross profit from ocean freight remained static at 1.416 billion Swiss francs.

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