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 ...
However tough the ride has been lately, “no cursing allowed” is the warning for Kuehne + Nagel (K+N) shareholders – all other signs, quite frankly, have been there for over a decade.
New vs old K+N
The shares of the world’s ocean freight leader, now trading about ten bucks above pre-credit crunch highs, languish in the low/mid-Sfr130s, simply reflecting the inability of the “New K+N” to live up to the expectations set by the “Old K+N”, which was run under the operating leadership ...
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