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 ...
© Antonio Guillem
By Alex Lennane
Back in October, Kuehne + Nagel, citing “very challenging market conditions” and “challenging external factors”, announced “group-wide cost reduction measures” ? as all forwarders seem to do from time to time.
Between 1,000 and 1,500 jobs were in the firing line as the group announced Ebit ...
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