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.
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Jun 23, 2022 2:00PM EDT
Press Releases
03 Nov 2017
Keeping up with customer expectations as they evolve as e-commerce consumers is fundamental to digitalization, according to Kuehne + Nagel's Stephen Pierson-Massey, vice president of North American trade management.
02 Aug 2017
China’s largest retailer launched the new cross-border alliance with the view of improving the usually complicated processes involved in bringing imported products into the mainland.
18 Jul 2017
Air freight soared by 18 percent.
18 Jul 2017
The Swiss global logistics group said the acquisitions have added more than 150,000 tons to its global perishables network.
15 Jun 2017
Kuehne + Nagel's Otto Schacht discussed the areas of tech investment that will yield the most improvement in the supply c
08 Jun 2017
As companies institute sustainability goals to woo investors and consumers, the shipping industry is becoming more transparent about its carbon emissions.
20 Apr 2017
Kuehne+Nagel’s ocean and air traffic surged in the first quarter.
12 Apr 2017
Kuehne + Nagel signs agreement with Alibaba to send goods by sea, rail, and truck.
01 Mar 2017
Kuehne + Nagel posted a record result for 2016.
31 Oct 2016
Kuehne + Nagel’s adoption of the freight rate management platform CargoSphere is another sign that the type of technological disruption that has taken place in other sectors of the economy will occur more gradually and less destructively in shipping.
18 Oct 2016
The Swiss logistics and forwarding giant expressed confidence in the fourth quarter.
14 Oct 2016
While technology solutions are important to improving supply chains, the digitization of supply chain planning and operations can only go so far.
23 Sep 2016
A federal bankruptcy judge on Friday agreed that non-vessel-operating common carriers should be covered by part of a protective order granted two weeks ago that was intended to help smooth the release of tens of thousands of containers trapped on Hanjin Shipping vessels and terminals around the globe.
16 Sep 2016
A group of non-vessel-operating common carriers has asked a federal bankruptcy judge to assert that they are covered by a protective order granted last week.
20 Jul 2016
Kuehne + Nagel managed to grow in a largely stagnant global freight environment.
02 Jun 2016
Freight forwarder to charge more to customers that don't use company portal.
25 May 2016
Kuehne + Nagel has chosen Inttra to help its clients comply with an international container weight regulation.
19 Apr 2016
Kuehne + Nagel’s first-quarter earnings increased 10.5 percent as solid growth in container traffic offset a decline in air cargo traffic.
01 Apr 2016
JOC Senior Content Editor Alessandra Barrett at TPM 2016 talks to Bill Rooney, vice president trade management, North America, Kuehne + Nagle, about the upcoming SOLAS container weight mandate, and the impacts of carrier consolidation and shipping alliances.
31 Mar 2016
The top Europe-based global freight forwarders were able to maintain or improve their earnings despite volatile freight rates and stagnating cargo volumes in 2015.
02 Mar 2016
Gross profit at Kuenhe + Nagel slipped 0.6 percent to $6.25 billion year-over-year for 2015, as a strong Swiss franc, which is currently even with the U.S. dollar, and weak container traffic offset a rise in air cargo volume.
13 Oct 2015
Kuehne+Nagel’s third-quarter operating profit grew 9 percent year-over-year as lower costs and a switch to the U.S. ocean container market from the troubled Asia-Europe trade more than offset negative currency movements.
16 Jul 2015
German logistics operator DB Schenker and Austria’s Express Interfracht have been fined a combined 49 million euros ($54 million) by European Union trust busters for fixing freight rates for eight years.
14 Jul 2015
Kuehne + Nagel’s net earnings rose 6.8 percent in the second quarter as strong growth in air freight tonnage offset lower ocean container volumes.
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.
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