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 ...
“The coronavirus pandemic is an immense global challenge, also for Kuehne + Nagel. (…) In the case of basic commodities and pharmaceuticals, transport volumes were maintained at a respectable level. Our company will face major challenges in the coming months, but is well positioned in view of its customer proximity, agility and digital offerings. A high level of liquidity characterises the company’s solid financial strength”.
– Kuehne + Nagel (K+N) CEO Detlef Trefzger, sourced from “First quarter of 2020: Kuehne + ...
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