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 ...
“Exactly one year ago, when we were still at the beginning of the pandemic, we decided to commit to our proven strategy. Upon reflection, we are assured that we chose the correct path” – Kuehne + Nagel (K+N) CEO Detlef Trefzger, 26 April 2021, Q1 ’21 trading update.
The path – to borrow just a word from Trefzger – that keeps cost down boosting profits to record highs. And, almost a month into the second quarter (Q2 ’21) it doesn’t look ...
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