The Swiss logistics and forwarding giant expressed confidence in the fourth quarter.

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.

Kuehne + Nagel managed to grow in a largely stagnant global freight environment.

Kuehne + Nagel has chosen Inttra to help its clients comply with an international container weight regulation.

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.

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.

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.

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.

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.

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.

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.

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.

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.

William Rooney, Kuehne + Nagel vice president, responds to questions about the current slower growth environment and the NVO ability to provide “something broader than rates” as the trans-Pacific trade evolves.

Kuehne + Nagel posted a market-beating increase in container traffic, but the strong Swiss franc restrained growth in the global forwarding and logistics group’s second-quarter earnings.

Much of the attention paid to the container shipping industry in the last few years has focused on the relentless drive of carriers to cut costs by ordering bigger, more fuel-efficient ships.

A rise in European exports helped lift Kuehne + Nagel’s ocean freight traffic by a market-beating 6.9 percent in the first quarter.