Comment / Conf call redux: Kuehne + Nagel: We’re not firing people. Period.

Unlike some rivals, Swiss forwarder Kuehne + Nagel (K+N) has navigated the Covid-19 crisis largely without shedding staff, much to the disappointment of analysts.

Like all quarterly conference calls, K+N’s Q1 ’20 hookup in late April went on a bit, with a strong focus on cost cutting, or, in the view of some dialling in, the lack thereof.

As usual, we’ve saved you the hassle of listening to the whole snooze-inducing 1hr23m by creatively lopping out 90% of what was said while ...