Comment / Against the odds – Come on, Klaus-Michael Kuehne: spin off the core ocean freight business

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In 2029, Klaus-Michael Kuehne will be 92 – I can picture him boasting about the greatness of a grand plan that only he could envisage.

First off, though, the Q2/H1 19 numbers released today by the ocean freight leader, Kuehne + Nagel.

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Most of the headline numbers contained in its second-quarter (Q2) trading update released today were broadly in line with our expectations – please click here and here for our previous Premium coverage.

Meanwhile, my preliminary take, soon after the results hit the ...