KUEHNE+NAGEL’s (K+N) airfreight business had a positive start to the year, with semiconductors and perishables leading the improvements. The world’s largest airfreight forwarder saw air turnover improve by 13 per cent year on year to CHF1.8 billion (US$2.17 billion), earnings before interest and tax (EBIT) was up 23 per cent to CHF116m and airfreight volumes improved by 5 per cent to 514,000 tonnes. The forwarder said improvements were led by its semiconductor and perishable business, as well...
https://www.seanews.com.tr/k-ns-airfreight-business-boosted-by-semiconductor-demand-in-q1/203146/