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Kuehne+Nagel focus: efficiency gains, streamlining organisational structure to strengthen customer proximity

Nearly two million tonnes of air freight were handled by Kuehne+Nagel between January and December 2023

Kuehne+Nagel reported a 41% decline in turnover for nine months of 2023 and earnings declined 49%

Expected to be completed in 2025, this major project involves the specialised transport of 1.4 million freight tons of WTG.

Kuehne+Nagel reported market share gains in sea and contract logistics businesses while air volumes fell.

Sea Logistics net turnover and EBIT declined 45% to CHF 2.7 billion and CHF 344 million, respectively

Sea logistics unit reported a 37% increase in 2022 turnover at CHF 18.8 billion while EBIT was up 32% at CHF 2 billion

K+N reported a 55% increase in yields in sea logistics and 38% increase for air logistics

Rodi to assume responsibility for road logistics and succeed Stefan Paul, who will become CEO of the Kuehne+Nagel Group.

Technology to be integrated into K+N’s digital road offering eTrucknow to track location and condition of goods