'Mærsk-quits-Schenker' effect? Short-lived!
Sneak peek mode on
Switzerland’s Kuehne + Nagel (K+N) just showed the world of logistics today, 25 October, how to get the house in order when the downturn bites, as I argued here earlier.
Naturally, sales and earnings plummeted.
With EMEA and Americas weathering the storm significantly better than APAC, where…
… underlying earnings fell by a mighty -65% to just Sfr364m.
And, of course, the world’s major forwarder didn’t waste the opportunity of issuing a reminder to all of us concerning the “commenced delivery for Saudi Arabia’s NEOM ...
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Comment on this article
Jason Cook
October 27, 2023 at 3:16 amBrilliant.
Now show us Flexport.
Alessandro Pasetti
October 29, 2023 at 8:50 amBring it on!