Comment / Analysis: K+N needs to find some courage and a new corporate plan

© Ricochet69

Six months ago, I predicted value destruction was on its way for Kuehne + Nagel, and it has turned out to be one of those rare occasions when I was right on target.

Lady Luck played a part in that call, although certain ominous signs were there for most of us to see.

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The subsequent fall in K+N stock was hard to swallow for shareholders, who must feel perplexed, to say the least. Other investors in shipping circles who decided to bet ...