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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On the face of it, Kuehne + Nagel’s (K+N) self-promoted growth-led snapshot of what admittedly was a “fully satisfactory” Q1 25 performance, as disclosed today…
… looked even stunning, based on certain metrics.
Until…
… as with most insurance policies you subscribe to, you actually read the small print (click to expand the table above).
Growth-wise, its interims were stronger on a comparable basis at least partly because those comparisons were made “excluding currency effects”, aka* on a constant currency basis.
(*A strong reporting currency ...
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