Kuehne + Nagel resilient in the face of crisis

As a result of the coronavirus pandemic, business volumes declined sharply in the first quarter of 2020. Kuehne + Nagel Group’s net turnover, gross profit and earnings were significantly below last year’s levels. Furthermore, currency fluctuations had a significant negative impact. Dr Detlef Trefzger, CEO of Kuehne + Nagel International, comments: “The coronavirus pandemic is […]

Kuehne + Nagel sells major part of its UK contract logistics portfolio

Kuehne + Nagel has entered a definitive agreement to sell a major part of its UK contract logistics portfolio to XPO Logistics. This will include drinks logistics, food services and retail & technology businesses. These operations generated a turnover of around £806 million in 2019. Dr Detlef Trefzger, CEO of Kuehne + Nagel International AG, […]

K + N appoints new head of airfreight

Kuehne + Nagel (K + N) has appointed Yngve Ruud as a new member of the Management Board effective 1 October 2016 – to take on the role as head of the business unit Airfreight Logistics. He succeeds Tim Scharwath who will leave the company – as communicated four weeks ago – in the course of the next year. […]