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.
Kuehne + Nagel
Kuehne + Nagel
Kuehne + Nagel is a freight forwarder that operates air, land, and sea routes. It is headquartered in Schindellegi, Switzerland and employs over 74,000 individuals in over 1,300 offices spread throughout 100 countries.
04 Apr 2022
Third-party logistics providers (3PLs) took advantage of 2021’s roaring rate environment to expand their net revenue, with rapid growth among the largest forwarders further compounded by merger and acquisition activity.
16 Mar 2022
German startup Flowfox is working with Kuehne + Nagel to pilot its platform that automates import clearance and container re-use at European ports with an eye toward global expansion of the solution.
07 Jan 2022
Global 3PLs are facing competition from digitally oriented forwarders and vertically integrated container lines and terminal operators.
03 Jan 2022
The COVID-19 pandemic continues to hang over the air cargo business, and until regular international travel resumes, shippers will find space in tight supply and rates at elevated levels.
22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
05 Apr 2021
Third-party logistics industry had a banner 2020, with double-digit revenue growth, according to SJ Consulting.
10 Feb 2021
Instant freight quoting is becoming a divided market, with one end focused on large shippers and the other on small and medium-sized businesses, according to Freightos’ annual State of Online Freight Sales survey.
21 Sep 2020
With cargo volumes and spot rates out of Asia surging as the United States and other countries begin to climb out of the COVID‑19 recession, US importers are increasingly turning to non-vessel-operating common carriers (NVOs) to secure capacity.
17 Apr 2020
As blank sailings pile up on the major east-west trades, the forwarder Kuehne + Nagel updated its Sea Explorer to offer more detailed information on ocean freight service schedules and predicted port arrivals.
07 Apr 2020
Online platforms to check rates, procure capacity, and track freight are not new, but forwarder Kuehne + Nagel is testing whether an intra-Asia-specific platform will accelerate uptake of such an approach.
03 Apr 2020
Surging e-commerce volumes continued to drive growth among the 50 largest global logistics providers in 2019, but excluding Amazon, revenue not only decelerated, it actually fell from the previous year.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
18 Dec 2019
Cargo no-shows are down 75 percent on freight booked via the Maersk Spot guaranteed online booking platform, according to the container carrier.
18 Dec 2019
On the east-west trades, some services with higher CO2 emissions come with the same cost and transit time as those services providing a more eco-friendly operation.
05 Nov 2019
Sponsored: What keeps shippers up at night? Kuehne + Nagel's EVP Otto Schacht discusses customer concerns around fuel pricing and availability with the approaching IMO 2020 low-sulfur regulation, freight rate market fluctuations, the future of contracting, and the e-commerce impact on predictability expectations.
22 Oct 2019
Global ocean freight volume continues to grow this year, albeit slowly, despite economic slowdowns and gloomy trading conditions.
25 Sep 2019
Kuehne + Nagel handled the largest combined share of US imports from Asia of any non-vessel-operating common carrier in the first half of 2019, followed by Expeditors International and C.H. Robinson, according to PIERS.
23 Sep 2019
Bold new emissions-cutting initiatives are being announced almost weekly as global impetus builds in the campaign to cut out carbon from international shipping.
05 Sep 2019
The Swiss freight forwarder and Singapore’s investment arm are teaming up to fund logistics-focused startups at the Series A and B stage, building on a partnership they started in January 2018.
23 Jul 2019
The world’s biggest ocean freight forwarder does not see why shippers would feel an urgent need to move cargo before the IMO 2020 low-sulfur fuel mandate kicks in on Jan. 1.
18 Jul 2019
Sponsored: Kuehne+Nagel EVP Otto Schacht on utilizing the data they capture to provide better transparency into ocean carrier reliability as well as sustainability.
30 Apr 2019
International freight forwarders posted surprisingly strong first-quarter performances in the face of slowing global economic activity, continued US-China trade tensions, a decline in business confidence in the eurozone, a tightening of financial conditions, and higher policy uncertainty.
25 Apr 2019
Prior attempts at guaranteed ocean products have struggled due to a lack of demand for higher-priced premium services; what makes Kuehne + Nagel’s KN Pledge any different?
20 Apr 2019
Although the e-commerce giant doesn't describe itself as a third-party logistics provider (3PL), Amazon has surpassed major global players such as DHL and Kuehne + Nagel in 3PL revenue.
15 Feb 2019
All is not well among Panalpina's shareholders, and the DSV takeover bid has brought the disenchantment with the company management to a head.
29 Jan 2019
European forwarders are trying to blunt ocean carriers from encroaching on their business.
26 Nov 2018
Swiss forwarder Panalpina says it has no plans to be acquired following media reports that Kuehne + Nagel has painted a takeover target on its back.
16 Nov 2018
The tool is an extension of the company’s Sea Explorer platform, first released in March to help Kuehne + Nagel customers determine which global services best suit their needs based on a number of performance metrics.
31 Jul 2018
However, shippers should still expect some robust peak season pricing from the airlines that are seeking to extend their profitability, which grew at a strong rate in the first quarter.
12 Jun 2018
Sponsored: Kuehne + Nagel's Meincke and Williams on the value in layering technologies and digitization on existing collaboration models.
23 May 2018
Sponsored: Inventory management through increased digitization is but one area adding a new dimension to end-to-end cost savings, report Kuehne + Nagel senior vice presidents.
25 Apr 2018
The ban on imports of recycled waste by China that has hurt shippers in the major markets is also affecting forwarders.
30 Jan 2018
San Francisco-based digital forwarder Flexport has entered a very competitive sector – one that’s highly fragmented and with low margins.
15 Jan 2018
Logistics technology startups are being targeted by Kuehne + Nagel and the Singapore state investment arm, which have formed a joint venture to identify and fund the tech companies.
06 Nov 2017
Sponsored: As carriers look to enhance the ROI of alliance investments, we'll begin to see real service differentiation, which will enable more tailored solutions, said TPM Asia 2017 Panelist Paolo Montrone.
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