Kuehne + Nagel airfreight profits remain stable
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 […]
Kuehne + Nagel upgrades Geel pharma hub
Kuehne + Nagel has added capacity at its pharma hub in Geel, Belgium, offering multi-modal temperature-controlled forwarding and warehousing services. The Geel hub, which is close to both Brussels and Liege airports and has fast connections to the other 15 EuropeanKN PharmaChain locations, is fully GxP compliant and certified. The facility covers 22,000 sq m […]
K+N and AFKLMP join forces for electronic bookings
Kuehne + Nagel and Air France KLM Martinair Cargo (AFKLMP) have joined forces to improve integration of electronic bookings. In a proof of concept that concluded in July, the two companies enabled total host-to-host connection through application programming interface (API) to match available capacity and demand. For the first time, a carrier and global logistics […]
Kuehne + Nagel completes acquisition of WWP
Kuehne + Nagel has completed the acquisition of Worldwide Perishable Canada (WWP), a major player in the perishable market, particularly exporting tuna. The Halifax, Nova Scotia headquartered company was founded in 1999 to serve a local demand for Canadian exports, and has since grown into one of the country’s major perishable forwarders. The combined volume […]
Slow markets hit airfreight at Kuehne + Nagel
Airfreight decreased in the first half of 2019 at Kuehne + Nagel due to stagnating markets of some key industries. Volumes were down 5.8% to 813,000 tonnes but growth was achieved in the pharma and healthcare sector, as well as perishables. Quick International Courier, a time-critical service provider for the pharma and healthcare and aviation […]
K+N opens exclusive handling area at Vienna Airport
Kuehne + Nagel has been given its own exclusive handling area at the 1,600 sqm Vienna Pharma Handling Center (VPHC). The pharma centre was opened in December 2018, and is part of the Air Cargo Center with direct access from both land and airside areas. The facility provides two separate temperature-controlled areas, with a 1,600 […]
Brussels Airport lays foundations for logistics building
The foundation piles have been placed for a new logistics building on the west side of Brucargo, with direct access to the tarmac. The construction at Brussels Airport is part of a €100 million investment in the modernisation of Brucargo. The building will be completed in the course of 2020 and can then be taken […]
Small fall for airfreight at Kuehne + Nagel
Kuehne + Nagel profits were down 1.6% in the first quarter of 2019, with the airfreight sector getting off to a slow start. Group net turnover was up 7.7% to 5.2 billion Swiss francs (CHF) but profits were down 1.6% to CHF 181 million. Following significant airfreight tonnage growth, volumes were down 3.1% to 409,000 […]
Another successful year for Kuehne + Nagel
Net profits at Kuehne + Nagel grew by 4.3% in 2018, helped by airfreight volumes and EBIT growing at double digit rates. Yearly net turnover was up from 18.6 billion Swiss francs (CHF) in 2017 to CHF 20.7 billion in 2018, with earnings for the year growing from CHF740 million in 2017 to CHF772 million […]
Disorderly Brexit the “worst solution”, says K+N CEO
Following Parliament’s rejection of Prime Minister Theresa May’s Brexit deal, the CEO of Kuehne + Nagel has emphasised the importance of open markets. The deal was rejected by a margin of 230, with 202 MPs supporting the PM, and 432 opposing the deal, with May now facing a no confidence motion at 7pm this evening […]
Kuehne + Nagel acquires Quick International Courier
Kuehne + Nagel has acquired Quick International Courier, a provider of time-critical transportation and logistics solutions focusing on the aviation and pharma industries. The Jamaica, New York-based company has 550 employees specialised in ‘Next Flight Out’ and ‘Next Drive Out’ shipments. Quick consists of Sterling Aviation, QuickSTAT, Quick Healthcare and Quick Logistics who will continue […]
K+N to manage spare parts for Pratt & Whitney
Kuehne + Nagel has signed multi-year contract with Pratt & Whitney to manage the distribution of military and commercial aftermarket spare parts. Under the agreement, Kuehne + Nagel will manage a 300,000 square foot distribution centre in Atlanta, Georgia. With responsibility for the receipt, warehousing and inventory control of over 40,000 aircraft engine parts, the […]
Kuehne + Nagel acquires Indonesia’s Wira Logistics
Kuehne + Nagel has acquired Indonesian logistics company Wira Logistics, a strategic acquisition to strengthen its warehousing and distribution network. The expansion of Kuehne + Nagel’s warehousing and distribution capabilities in Indonesia where imports and exports account for close to $300 billion annually has been a strategic focus, with increased purchasing power among the country’s […]
Kuehne + Nagel opens offices in Baku and Almaty
Kuehne + Nagel is expanding its regional network in Central Asia by opening legal entities and new offices in Baku, Azerbaijan and Almaty, Kazakhstan. The logistics group says the two emerging markets are both showing annual GDP growth rates of around four per cent, with rising demand in the oil and gas industry, consumer goods […]
K+N upgrades European pharma fleet with 35 new trailers
Kuehne + Nagel has upgraded its European Pharma Fleet with 35 new trailers for its intermodal KN PharmaChain connection. The new trailers are fully GxP compliant and offer state-of-the-art technology for temperature controlled transport, including dual temperature, double-deck equipment, Transport Asset Protection Association compliant integrated security locks to be opened remotely with a unique code, […]
Kuehne + Nagel to establish single region for Europe
Kuehne + Nagel will establish a single region for Europe, consolidating management for all countries under one roof with its head office in Hamburg, Germany. Dr Hansjorg Rodi, who has been responsible for the Central and Eastern European region and managing director for Germany since October 2016, will lead the Europe region. Holger Ketz, head […]
K+N establishes Chinese automotive logistics joint venture
Kuehne + Nagel has established a joint venture with Chinese automotive logistics group Sincero, enlarging its contract logistics footprint by almost 70 per cent. The Swiss logistics company has been developing a strong automotive footprint in the country by organically expanding partnerships with premium European brands. Kuehne + Nagel will enlarge its footprint in contract […]
Kuehne + Nagel extends perishable network with Ecuador acquisition
Kuehne + Nagel has strengthened its perishables network in South America with the acquisition of Panatlantic Logistics Ecuador. The Quito-based company was founded in 1979, operating out of a temperature controlled warehouse at the airport, and the combined volume of Kuehne + Nagel’s existing portfolio and Panatlantic’s will account for 32,000 tonnes of perishable airfreight […]
Success is no fairy tale for Denmark
When it comes to Danish airfreight, Copenhagen airport dominates. It handles 90 per cent of total Danish exports and imports compared to other airports in the country and is used by global logistics providers such as DHL, Kuehne & Nagel and Fedex as their Nordic airfreight hub, writes David Craik. In 2017, the airport handled […]
Successful first half of 2018 for Kuehne + Nagel’s airfreight division
First half profits for Kuehne + Nagel have grown by 9.6 per cent with the airfreight division posting “successful” results. Net turnover for the group was up 14.2 per cent to 10 billion Swiss francs (CHF), with earnings for the period increasing 9.6 per cent to CHF390 million. The airfreight division has been performing well, […]
Kuehne + Nagel to open pharma logistics hub in Santiago
Kuehne + Nagel is extending its KN PharmaChain network in South America with a new logistics hub in Santiago, Chile benefiting from a dedicated warehouse. The logistics hub complies with the highest security standards and state-of-the-art technology to increase operational capacities. The facility will provide an area of 17,600 sqm for storage and distribution of […]
K+N to lease space at SEGRO Logistics Park East Midlands Gateway
Kuehne + Nagel has agreed a 15-year lease on almost 200,000 square feet of space at the SEGRO Logistics Park East Midlands Gateway. The facility, which is estimated to be completed in March 2019, will be developed on the East Midlands gateway scheme adjacent to the south side of East Midlands Airport, just off the […]
Riege elected to ACCF board
During its general meeting on Thursday, June 7, the committee of the Air Cargo Community Frankfurt (ACCF) elected Riege Software CEO Dr Tobias Riege, as a titular member of its board. Dr Riege, who beat a rival candidate, does not claim this as a victory: “I did not win an election, I have gained trust and credit, […]
Kuehne + Nagel joins Budapest Airport’s cargo community
Budapest Airport is to welcome Kuehne + Nagel to its air cargo community when the forwarder moves into warehouse and office space on 1 July. The forwarder will lease what is being described as a “significant area of warehouse and adjacent office space” at Budapest Ferenc Liszt International Airport, focusing on the future development plans […]
Appy days, Kuehne + Nagel undergoes digital transformation
Kuehne + Nagel has simplified digital accessibility with the launch of a new app, a web-based Control Center and adding a KN FreightNet extension for WeChat in China. The Kuehne + Nagel App is available for iOS and Android, allowing customers to track shipments on mobile devices. Shipment statuses are directly displayed and updates can […]
Airfreight volumes at Kuehne + Nagel grow 20% in the first quarter
Profits at Kuehne + Nagel have grown at double digit rates with airfreight volumes increasing by more than 20 per cent helped by strategic acquisitions. Earnings for the period increased by 11.5 per cent from 165 million Swiss francs (CHF) in the first quarter of 2017 to CHF 184 million ($188 million), with net turnover […]
Kuehne + Nagel moves to state-of-the-art office in Wakefield
Kuehne + Nagel has moved its branch in Leeds to a state-of-the-art office space in the heart of Wakefield. The new location is two miles from Wakefield city centre and 15 miles south of Leeds, providing access to all of Yorkshire, being adjacent to J39 of the M1 motorway and close to the M62 motorway. […]
Brussels Airport’s slot booking app gains eight new members
Brussels Airport’s cloud based data sharing platform, BRUcloud has had a successful first two months with eight more companies using the application in their live operations. The slot booking app eliminates the problem of waiting and idle times at ground handling facilities by coordinating the match between supply and demand of time slots, streamlining the […]
Menzies joins Cargo iQ, K+N and Qatar Airways renew certificates
Qatar Airways Cargo and Kuehne + Nagel have received their continuing certification from Cargo iQ’s auditor, and Menzies have joined the group as a new member. SGS carried out an independent audit for Cargo iQ, with members undertaking a two day on site visit to demonstrate their processes and services are compliant with quality standards […]
Brussels Airport looks at new ways of working
The downside of a newly invigorated air cargo market has become evident, according to Brussels Airport head of cargo and logistics Steven Polmans (pictured), writes Neil Madden. “Problems and congestion seen in Europe in recent months due to strong market growth have shown up once again,” he tells Air Cargo Week. “In order to make […]
