Kuehne & Nagel, the Swiss/German forwarding and logistics group, said
its net income rose 7.1 percent last year to 82 million Swiss francs ($59
million), the highest in company history.
The group’s turnover was up by 6 percent, to 6.62 billion Swiss francs
($4.8 billion). Net turnover after customs duty and taxes rose by 6
percent, to 5.08 billion Swiss francs ($3.68 billion).
Gross profit improved by 4 percent, to 1.22 billion Swiss francs ($884
million).
Kuehne & Nagel said a strong performance in overseas operations and key
contributions from the U.S., Canada and the Asia-Pacific region offset
economic problems in Asia-Pacific and in Russia.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now