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 ...
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Sources in the container shipping industry are closely watching the latest development of many of their counter-parties in the freight forwarding trade, with ocean market leader Kuehne + Nagel drawing the attention of most of my contacts, for obvious reasons.
“K+N is cutting the fat to the bone in order to grow more aggressively, mainly in ocean as well as in air freight,” said the executive of a major rival freight forwarder this week.
“It will be organically and inorganically, but do ...
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