Tuesday, July 16, 2024

Kuehne + Nagel airfreight profits remain stable

Kuehne Nagel acquires Salmosped

Airfreight volumes at Kuehne + Nagel fell as the whole market declined, but profits have remained stable. Between January and September, net turnover was down 2.6% to 3.5 billion Swiss francs (CHF), with earnings before interest and tax (EBIT) declining 3% to CHF 263 million due to challenging market conditions. Airfreight volumes fell 6.4% to […]