Kuehne + Nagel sees profit increase despite turnover dip
Kuehne + Nagel (K+N) has seen profits increase by 9.2 per cent in the first half of the year to 356 million Swiss francs ($362 million) despite turnover dipping. Net turnover was down 0.9 per cent to 8.1 billion Swiss francs and the airfreight sector was down slightly from 1.98 billion in the first half […]
Volga-Dnepr transports telescopic crane bridge
A loading system developed for the transportation of long aerospace cargoes provided the perfect solution to help load a 35-metre telescopic bridge onboard a Volga-Dnepr Airlines’ An-124-100 freighter for its delivery to Rio de Janeiro. The flight, organised under the Ruslan International An-124 joint venture between Antonov Airlines and Volga-Dnepr Airlines, carried the 35-ton shipment […]
Air Cargo Week World Air Cargo Awards announced in Shanghai
Ecstatic winners raising their trophies aloft brought the glittering Air Cargo Week World Air Cargo Awards to a successful end last night, which celebrated excellence in the airfreight industry. The luxurious Kerry Hotel’s Shanghai Ballroom was the venue, seeing nine rounds of a crescendo of cheering and applause for the prestigious accolades up for grabs. […]
K+N and Hellman join Air Cargo Community Frankfurt
Kuehne + Nagel (K+N) and Hellman Worldwide Logistics have joined Freight Forwarding and Logistics Association Hessen/Rhineland-Palatinate (SLV) in becoming members of the Air Cargo Community Frankfurt. The community now has 41 members from all sectors of the air logistics chain, to represent the interests of cargo at Frankfurt Airport. K+N has over 67,000 employees in […]
Kuehne + Nagel’s airfreight improves in Q1
Kuehne + Nagel has increased its airfreight earnings before interest and tax (EBIT) by 7.4 per cent in the first quarter (Q1) of 2016, helped by strong export businesses in Asia, the Middle East and Africa. Airfreight EBIT increased from 73 million Swiss francs ($75.6 million) in Q1 2016 compared to 68 million in the […]
Strong airfreight helps Kuehne + Nagel profit rise
Kuehne + Nagel has seen profits increase by 5.4 per cent to 679 million Swiss francs in 2015 ($680 million) with strong performance in the airfreight division. The airfreight division saw earnings before interest and tax (EBIT) increase from 238 million Swiss francs in 2014 to 265 million Swiss francs in 2015. This is despite […]
Top freight forwarders losing ground, WorldACD reports
Air cargo market data analyst WorldACD says the top 20 freight forwarders saw their worldwide market share decline from 44.5 per cent to 43 per cent in 2015 – based on revenue, measured in US dollars. The Amsterdam firm bases figures on the inputs of more than 60 (mostly large) airlines, who provide their full worldwide air waybill […]
Kuehne + Nagel moves into Heathrow South Cargo Centre
Kuehne + Nagel has started operating at Heathrow Airport’s 130,000 square foot Heathrow South Cargo Centre. The facility includes warehouses and offices and is adjacent to the airport’s cargo area. Kuehne + Nagel says it offers security certification including TAPA, Regulated Agent and ETSF to support import, export and general operations. The facility is temperature […]
Kuehne + Nagel signs contract with GlaxoSmithKline
Kuehne + Nagel has signed a contract with GlaxoSmithKline (GSK) to transport products from the raw material suppliers to trade customers until 2021. The companies say the contract officially marks the commencement of a relationship between the two firms, with Kuehne + Nagel providing skills, expertise and strategic capability across GSK’s global operations. Kuehne + […]
Kuehne + Nagel unveils Singapore Logistics Hub
Kuehne + Nagel (K+N) has unveiled its 50,000 square metre Singapore Logistics Hub, to serve high tech, industrial, pharmaceutical and healthcare customers in the region. The hub, located in the West of Singapore, is near pharma and healthcare hubs, and major manufacturers and ports. It offers 46,000 square metres of warehousing space, and more than […]
Kuehne + Nagel opens office in Dominican Republic
Kuehne + Nagel (K+N) has opened its first office in the Dominican Republic to handle both sea and airfreight. The company says the office, based in the capital, Santo Domingo, will offer special facilities for pharmaceuticals, perishables and consumer goods. K+N says the Dominican Republic’s geographic position makes it a strategic location for imports and […]
