Post Tagged with: "kuehne + nagel"

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

The Power 25 Forwarders of 2015

The Power 25 Forwarders of 2015

June 5, 2015 at 10:30 am 0 comments

The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHLRead More

Confidence booster for air forwarders

Confidence booster for air forwarders

June 4, 2015 at 11:37 pm 0 comments

The Stifel Logistics Confidence Index released in May reports the air freight index increased 2.5 points to 59.5 in May, 3.8 points higher than May 2014 and 10.6 points more than May 2013. This should be good news for air forwarders as they move through the year. Europe to AsiaRead More

Envirotainer celebrates 500th QEP station at Air Cargo Europe

May 4, 2015 at 7:27 pm 0 comments

Envirotainer, the cool-chain container company, raised a toast last Thursday at Air Cargo Europe, in Munich, to celebrate its 500th Quality Envirotainer Training and Quality Program station. The Keuhne + Nagle station will be at Amsterdam-Schiphol Airport. The quality program was started eight years ago to recognize partner airlines, logisticsRead More

European forwarders optimistic about airfreight

European forwarders optimistic about airfreight

March 23, 2015 at 9:43 pm 0 comments

European forwarders polled in the latest survey by Danske Bank were generally positive about the growth of airfreight through March and April. According to the bank’s latest Freight Forwarding Index, respondents gave the airfreight mode an index of 67, indicating a significant rise in expectations since the 63 that wasRead More