Tag: Kuehne Nagel

  • K+N settles US anti-trust fine, waits on NZ case

    Swiss global transport and logistics company, Kuehne + Nagel has agreed to pay a fine of US$9.9 million to the US Justice Department in settlement of an anti-trust case.... Read More
  • Kuehne + Nagel wins Chilean Nestlé deal

    Kuehne + Nagel (K+N) has won the contract to be Nestlé Chile’s logistics service provider under which K+N will manage Nestlé’s four distribution centres located across Chile covering the northern area from Antofagasta, the central area from Quilicura (Santiago)...... Read More
  • Kuehne + Nagel reports “very satisfactory” Q3

    Kuehne + Nagel has released its financial figures for the first nine months of 2009 saying it had achieved “very satisfactory” results due to the ‘early, consistent implementation’ of its dual strategy of strict cost management and commitment to...... Read More
  • K+N profits down 16%, but still in the black

    Kuehne + Nagel has announced its net profit fell 16.1 per cent in the second quarter compared with a year ago as the global economic slowdown depressed ocean and air freight traffic. The Swiss logistics giant booked net profit...... Read More
  • Kuehne + Nagel opens new office in Chongqing

    Kuehne + Nagel has opened a new branch office in Chongqing, China extending its footprint in China to 39 locations. From the new premises, located at the central business district in close proximity to the city’s major infrastructure facilities,...... Read More
  • No upturn before 2010 says Kuehne & Nagel

    Swiss logistics group Kuehne & Nagel has seen the pace of decline slow, but does not expect a sustainable recovery before 2010, its chief executive said recently. “The decline in the volumes is not as dramatic as it was...... Read More
  • DHL Supply Chain tops rankings again

    DHL Supply Chain, recently rebranded from DHL Exel Supply Chain, has once again taken top position as the largest player in the market, according to Transport Intelligence’s (TI) recently released annual rankings of the largest contract logistics operators on...... Read More
  • K+N to handle Audi VW logistics in Korea

    Audi Volkswagen and Swiss global forwarder Kuehne + Nagel (K+N) have announced a three-year strategic partnership for the car manufacturers’ warehouse management and parts distribution in South Korea. Kuehne + Nagel will handle Audi Volkswagen spare parts for the...... Read More
  • K+N considers global job cuts

    Kuehne + Nagel Group (K+N) is reportedly considering 4,500 job cuts following the announcement of modest increases in earnings and revenue for 2008 and expressions of concerns over immediate future business prospects. In its annual results statement released this...... Read More
  • K+N still experiencing growth

    Swiss global forwarder and logistics provider Kuehne + Nagel recently announced its results for the nine months to the end of September, figures which suggested a slowing of market demand but higher profits. In the January-September period, K+N experienced...... Read More