Post Tagged with: "kuehne + nagel"

Nestle deal accelerates Kuehne + Nagel’s strategic push into FMCG sector

Nestle deal accelerates Kuehne + Nagel’s strategic push into FMCG sector

July 26, 2017 at 10:45 pm 0 comments

Kuehne + Nagel’s (K+N) strategic push into perishables and consumer goods logistics now includes an array of Nestlé products. Starting next year, all Nestlé – Netherlands’ chocolate, coffee and culinary products, as well as pet and baby foods, will be warehoused in a distribution center in Veghel that K+N builtRead More

Kuehne + Nagel caps strong first half with major cold-chain acquisitions

Kuehne + Nagel caps strong first half with major cold-chain acquisitions

July 18, 2017 at 5:56 pm 0 comments

Swiss logistics company Kuehne + Nagel is riding the resurgence of airfreight and expanding its volumes across modes, as the company adds thousands of employees and expands its position in the perishables logistics sector with acquisitions in the United States and Kenya. Kuehne + Nagel’s logistics business is booming, especiallyRead More

Freightos study: Will forwarders and IT ever get along?

Freightos study: Will forwarders and IT ever get along?

February 2, 2017 at 6:48 pm 0 comments

The freight business is moving online, but not everyone is eager to get on board. The most recent annual “State of Online Logistics Sales 2016 Mystery Shopping Survey,” conducted by Freightos, found that large forwarders have made surprisingly little progress with their online freight booking platforms. “I think it’s timeRead More

K+N first logistics firm to earn network-wide CEIV-Pharma cert

K+N first logistics firm to earn network-wide CEIV-Pharma cert

February 1, 2017 at 6:34 am 0 comments

Kuehne + Nagel has become the first logistics provider to earn IATA’s CEIV certification for pharmaceuticals to cover its entire KN PharmaChain air network, which involves 86 locations worldwide. The certification, earned through IATA’s Center of Excellence for Independent Validators in Pharmaceuticals (CEIV-Pharma) program, is an assurance that shipments ofRead More

Airfreight volumes, earning continue to rise at Panalpina in Q3

Airfreight volumes, earning continue to rise at Panalpina in Q3

October 26, 2016 at 5:18 pm 0 comments

Panalpina announced a slight increase in earnings before interest and tax (EBIT) in spite of what it referred to as a “challenging market.” Airfreight volumes for the Swiss forwarder increased 9 percent, year-over-year, for the first nine months of 2016, even as the overall air cargo market decreased by anRead More

Airfright earnings down 4.8 percent at K+N in ‘tense’ third quarter

Airfright earnings down 4.8 percent at K+N in ‘tense’ third quarter

October 20, 2016 at 5:44 pm 0 comments

Kuehne + Nagel said a “tense” global airfreight market in the third quarter and continued pressure on margins contributed to shrinking demand and further capacity increases. As a result, Q3 earnings before interest, tax, depreciation and amortization (EBITDA) in its airfreight division were down 3.6 percent, year-over-year, to US$272.6 million,Read More

Kuehne + Nagel reports good first half of 2015

Kuehne + Nagel reports good first half of 2015

July 15, 2015 at 5:07 pm 0 comments

Kuehne + Nagel reported strong growth in the airfreight sector for the first half of 2015, leading to a 4.2 percent increase, year-over-year, in net earnings for the period to $342 million, compared to 2014 when it was $328 million. The global logistics firm saw a 5.2 percent increase inRead More

June Stifel index gives airfreight an advantage

June Stifel index gives airfreight an advantage

June 30, 2015 at 7:43 pm 0 comments

Airfreight seems to have the edge on seafreight demand, per the June Stifel Logistics Confidence Index (LCI). Strong airfreight demand drove the LCI to 55.6 points in June 2015, a 0.1 point rise over the same month last year. Meanwhile, the seafreight index for June 2015 fell by 0.9 pointsRead More