Global freight forwarder Kuehne + Nagel Group (OTCMKTS: KHNGY) used its “agile structure, rigorous cost management and high-quality service offerings” to counter potentially devastating financial impacts from the coronavirus pandemic during the first half of the year, said CEO Detlef Trefzger in a statement on Tuesday.
The Swiss company recorded a first-half, pretax profit of CHF 419 million ($449 million), down 18% from the same period last year.
“We took the right measures early on and...
https://s29755.pcdn.co/news/kuehne-nagel-uses-agile-structure-to-weather-1h-2020