Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
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By Alex Lennane
The freight forwarder all its rivals love to hate, Kuehne + Nagel, has released first half results which appear to be relatively healthy in such a challenging and competitive market.
A cost-cutting reorganisation saw its net income for the second quarter rise 6.3%, to CHF153m (€124m), while revenues rose just 1.4%. For the first half of the year, turnover rose 3.3% to €8.3bn, with net earnings rising to €233m.
Sea freight saw stable results, with volumes rising 3% in the first six ...
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