Market insight: Kuehne + Nagel CEO’s legacy – good fortune for one ‘good chap’

At least you cannot say we didn’t try hard enough.
Here it comes 
Today’s news that CEO Detlef Trefzger (pictured below) is stepping down as CEO of Kuehne + Nagel (K+N) for “private reasons” shouldn’t shock anybody.
The wording of the release and its heading were peculiar, in that K+N “initiates top management changes” could mean this is just the beginning. So, the “who’s next?” game is officially on.
Background
It was December 2018 when …

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Against the odds: Kuehne + Nagel – simply self-fulfilling prophecies

It was really, really tempting today to take another deep(er) look at vertical consolidation via a brand new “Against the odds: Kuehne + Mærsk – simply revisited” after our October 2020 “Kuehne + Mærsk – the night is still young, but…“.
Umbilical cord
Buoyant freight trades across several modes of transport are a boon for those major actors controlling the assets as much as for those controlling the client, and hence holding the relationship with the …

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Market Insight: Kuehne + Nagel – why Apex (and not Kerry) makes perfect sense

The feedback tsunami that hit me from the eastern hemisphere in the wake of the Kuehne + Nagel + Apex deal not only carried massive strength, but also shed light on why Apex was the chosen one.
Well, sort of.
Still, it didn’t fully answer why the Swiss forwarder would opt to strike a benchmark deal which, as many agreed, strategically may not be worth the bucks it was likely valued at.
It’s …

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Market insight: Kuehne + DHL + Schenker: call it a Super-NVOCC triumvirate

Take three chief executives who know each other well, all carrying the old-school Kuehne + Nagel (K+N) badge thanks to over 40 years of combined experience at the world ocean freight leader out of Switzerland. Detlef Trefzger, seven years at K+N, after 14 at DB Schenker; Tim Scharwath, with his stunning 24 years at K+N, now at DHL Global Forwarding for over three years; and Jochen Thewes with over 12 …

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Against the odds: Klaus-Michael Kuehne and the unthinkable in the supply chain

When a powerful world leader in logistics like Klaus-Michael Kuehne talks vertical consolidation and related, unthinkable opportunities as well as innovative structural developments, with new alliances possibly forming for the asset-light players, you had better listen carefully to what he says.
And now, following his latest Q&A released (in German) last week by DVZ (headed: “Klaus -Michael Kuehne: Often enough we were the whipping boys”), we must duly question once more whether we have …

The...

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Against the odds: Kuehne + Mærsk – the night is still young. But…

If we keep it nice and simple – guess you have heard of the KISS principle – by looking forward to the next decade and what could drive change, it’s entirely logical to speculate that those major logistics players having a lot in common and to a great extent facing similar cliffs, will try to create new alliances. Think differently to thrive.
Next 
It’s usually in times like these – when markets for …

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Snapshot: In Kuehne + Nagel we trust

On 10 September, Swiss 3PL Kuehne + Nagel (K+N) announced that “with the opening of airside pharma & healthcare hubs in Brussels, Belgium, and Johannesburg, South Africa,” it “adds two strategic elements to its global GxP-certified network of temperature-controlled facilities for the distribution of vaccines and other pharma & healthcare products.”
This in a world where vaccine prototypes may or may not work and where air is tight and must be …

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Supply chain radar: Hapag-Lloyd only half way through its epic plunge?

Transparency, what a great thing that is.
Look at you, darling
First off, I deeply apologise if you are bored to death with the latest Hapag-Lloyd coverage – we have talked about the German carrier extensively (more here and here) already in the past couple of weeks.
Fair enough.
Yet, notably, the stock dropped below €70 on Tuesday, down almost 63% since peak on 15 May– we hadn’t been there since early April.
Down €20.65bn in …

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