Kuehne+Nagel air logistics net turnover drops 15% in Q1

Kuehne+Nagel air logistics net turnover drops 15% in Q1

04/23/2024 - aircargoworld.com
Courtney Blackann
Swiss forwarder Kuehne+Nagel today reported a net turnover of CHF 5.5 billion ($6.1 billion), an 18% year-over-year decrease.  THE BIG PICTURE: The forwarder’s first-quarter earnings were as expected and in line with decreases seen by other forwarders at the start of the year, Kuehne+Nagel Chief Executive Stefan Paul said during a conference call today.  “Our […]