Kuehne+Nagel

Kuehne+Nagel’s earnings see 173% growth in 2021

The global transport and logistics group Kuehne+Nagel recorded a strong performance in 2021, with earnings soaring by 173% over the previous year, reaching US$2.4 billion.

During the same period, the net turnover of the Switzerland-headquartered group climbed 61% to US$35.6 billion, and its gross profit grew by 32% year-on-year, totalling US$10.76 billion.

Moreover, earnings before interest and taxes (EBIT) exceeded US$3.1 billion, which translates to a rise of 175% over 2020, while earnings...

https://container-news.com/kuehnenagels-earnings-see-173-growth-in-2021/

Viewpoint: ‘Disruption indicator’ blames US ports for 80% of global inefficiency

Solving the congestion issue at the Port of Los Angeles has been on the to-do list of the Biden administration for months. Yet despite the victory of saving Christmas, the congestion problems at the nation’s largest port have not improved. 

According to Port of Los Angeles officials, the land capacity at the port is 90%, which means there are too many trucks and people to move around efficiently; 70% is considered optimal for efficient trade flow.

Global transport and logistics company...

https://www.freightwaves.com/news/viewpoint-disruption-indicator-blames-us-ports-for-80-of-global-inefficiency

Kuehne+Nagel launches sea freight disruption indicator

The Switzerland-headquartered global transport and logistics company Kuehne+Nagel has announced the launch of the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks.

The indicator shows the cumulative TEU waiting time in days in the ports of Prince Rupert, Vancouver, Seattle, Oakland, Los Angeles and Long Beach, New York, Savannah, Hong Kong, Shanghai, Ningbo as well as Rotterdam and Antwerp.

Kuehne+Nagel used an example to demonstrate how the...

https://container-news.com/kuehnenagel-launches-sea-freight-disruption-indicator/

Kuehne+Nagel opens new offices in Africa

The global transport and logistics company Kuehne+Nagel has expanded its network of offices in Africa, which are managed and supported by a control tower in Durban, South Africa.

The regional control tower serves as a single point of contact to an integrated network across the continent and allows for complete visibility, including remote locations, while ensuring Kuehne+Nagel’s global service standards and supervising data quality.

“With this expansion, Kuehne+Nagel offers African manufacturers...

https://container-news.com/kuehnenagel-opens-new-offices-in-africa/

Kuehne+Nagel president: Supply chain innovation in Asia-Pacific at ‘exponential pace’

Sustainable supply chains face unique challenges in the Asia Pacific region.

Companies trying to make their supply chains more sustainable face unique challenges in different areas of the world. Jens Drewes, president at Kuehne+Nagel Asia-Pacific, told FreightWaves about the complexity of sustainability and logistics in the Asia-Pacific region.

Kuehne+Nagel International AG is a global transport and logistics company based in Schindellegi, Switzerland. It was founded in 1890 in Bremen, Germany

The interview has been edited for clarity and length.

FREIGHTWAVES: What do you...

https://www.freightwaves.com/news/kuehnenagel-president-supply-chain-innovation-in-asia-pacific-at-exponential-pace

Kuehne+Nagel reports outstanding financial results

The Swiss global transport and logistics company Kuehne+Nagel has registered strong financial gains during the third quarter, especially in its “sea logistics” sector, in which the company achieved three-digit increases, despite the challenging market environment due to the congested ports and supply chain disruptions.

In total, the freight forwarding firm marked a 113% rise in earnings before interest and taxes (EBIT), which completed more than US$866, while earnings in the third quarter...

https://container-news.com/kuehnenagel-reports-outstanding-financial-results/

The Log Book: Cargostore Worldwide, Kuehne+Nagel employees skydive for charity

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Cargostore and Kuehne+Nagel employees skydive with Red Devils for various charities, DHL successfully delivers 4 million donated vaccines from the U.K. and truck art helps find missing children in Pakistan. 

Cargostore Worldwide, Kuehne+Nagel employees skydive for charity

On Thursday, team members from container supplier Cargostore Worldwide and global logistics provider Kuehne+Nagel will...

https://www.freightwaves.com/news/the-log-book-cargostore-worldwide-kuehne-nagel-employees-skydive-for-charity

GSCW chat recap: Kuehne+Nagel, Delta Cargo discuss digital innovation partnership

This fireside chat recap is from Day 1 of FreightWaves Global Supply Chain Week. Day 1 focuses on military, aerospace and manufacturing.

FIRESIDE CHAT TOPIC: Customer-centric digital innovation in the airfreight industry — a look at Delta Cargo’s digital transformation from a customer perspective

DETAILS:  A look at how Delta Cargo’s innovative digital transformation is creating a more transparent and customer-centric experience across the globe.

SPEAKERS: Rob Walpole, vice president of Delta...

https://s29755.pcdn.co/news/gscw-chat-recap:-kuehne-nagel-delta-cargo-discuss-digital-innovation-partnership

Kuehne + Nagel lands global logistics deal for Moderna COVID-19 vaccine

A big truck with a blue cab and white trailer backed into a loading dock.

Kuehne + Nagel will provide global warehousing and distribution for Moderna Inc.’s (NASDAQ: MRNA) new COVID-19 vaccine, the Swiss third-party logistics powerhouse said Thursday.

The news follows Wednesday’s approval by the European Commission for the drug to be administered on a conditional basis. The EU has ordered 160 million doses from Moderna and the first deliveries to European countries from Moderna’s dedicated non-U.S. supply chain are expected to begin next week, according to the...

https://www.freightwaves.com/news/kuehne-nagel-lands-global-logistics-deal-for-moderna-covid-19-vaccine

+ More