Kuehne + Nagel expands aerospace logistics offering to freighter conversions

A Boeing 737 in a giant garage where it is being retrofitted with new equipment to carry cargo instead of passengers.

Switzerland-based Kuehne + Nagel International AG has developed a turnkey logistics service to support companies involved in converting passenger aircraft into freighters, a market that is expected to grow faster with demand for express delivery of e-commerce orders and plenty of idle aircraft to choose from because of the coronavirus-induced aviation recession.

The world’s second-largest third-party logistics provider by gross revenue is building off its existing supply chain service, KN...

https://s29755.pcdn.co/news/kuehne-nagel-expands-aerospace-logistics-offering-to-freighter-conversions

Analysis: Expect more K+N disposals as its Q2 numbers boost DSV shares

“In view of the good results, the strong resilience of the company, the stable cash flow and the available liquidity, we have decided to propose to the shareholders an appropriate participation in the company’s success in 2019 with a dividend of CHF 4.00 per share.” – Dr. Joerg Wolle, chairman of the board of directors at Kuehne + Nagel, (K+N), 21 July 2020.
In Q2 ’20, K+N delivered a respectable performance, with …

The post Analysis: Expect more K+N disposals as its Q2 numbers boost DSV shares...

https://theloadstar.com/analysis-expect-more-kn-disposals-as-its-q2-numbers-boost-dsv-shares/

EXCLUSIVE Market Insight: Among the Big Four, here’s how Kuehne will cut that workforce

Interpretation and strategic interaction amongst somewhat irrational decision-makers  – we have seen it all over the last few days from Kuehne, DHL, Schenker and DSV.
Define that, when it comes to game theory, and it all boils down to talent, power and “brashness”. That’s how one trusted K+N insider defined owner Klaus-Michael Kuehne’s attitude alongside “his brilliance” after a key quote from a glorious interview that did the rounds at the …

The post EXCLUSIVE Market Insight: Among the Big...

https://theloadstar.com/exclusive-market-insight-among-the-big-four-heres-how-kuehne-will-cut-that-workforce/

Conf call redux: Kuehne + Nagel: We’re not firing people. Period.

Unlike some rivals, Swiss forwarder Kuehne + Nagel (K+N) has navigated the Covid-19 crisis largely without shedding staff, much to the disappointment of analysts.
Like all quarterly conference calls, K+N’s Q1 ’20 hookup went on a bit, with a strong focus on cost cutting, or, in the view of some dialling in, the lack thereof.
As usual, we’ve saved you the hassle of listening to the whole snooze-inducing 1hr23m by creatively lopping …

The post Conf call redux: Kuehne + Nagel: We’re not firing...

https://theloadstar.com/conf-call-redux-kuehne-nagel-were-not-firing-people-period/

Against the odds: Put UPS and FedEx in your basket

Against the odds comes in two forms: a column, on merit when warranted, and a monthly excel calculator, which is updated around the beginning of each calendar month. It challenges common sell-side wisdom in financial markets that the future often has better events in store than the past. The vast majority of consensus estimates from analysts, often modelled against a company’s guidance, are a case in point.
In a typical bearish fashion, …

The post Against the odds: Put UPS and FedEx in your...

https://theloadstar.co.uk/against-the-odds-new-year-no-change/

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