Tag: global economic slowdown

  • 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
  • Pax numbers fair better than cargo at Changi

    Despite the global economic slowdown in the second half of 2008, Singapore Changi Airport handled a higher volume of passenger traffic, with 37.7 million passenger movements handled in 2008, up 2.7 per cent from 2007. But the impact on...... Read More