Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
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“In an interview with German newspaper FAZ, K+N’s majority owner Mr Kuehne mentioned that he favours a balanced dividend payout policy so that K+N can build up reserves.” – UBS, 21 January.
Just a quick take on Kuehne + Nagel (K+N) as once again this week the Swiss 3PL is under the spotlight, following a short note published on Tuesday by UBS analyst Sebastian Vogel, who wrote that “K+N’s payout ratio has been above 90%, which limited the aforementioned build-up of reserves. ...
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