News / Kuehne + Nagel prepared to miss out on major deals to chase $400 profit per teu

22/09/2014

Kuehne + Nagel has told investors and analysts it is prepared to walk away from contracts from major shippers if customers press for freight rates that are deemed too low.

It looks to maintain a gross profit of $400 per teu on each container booked, chief ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber