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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© Andrii Yalanskyi
| Dreamstime.com
Kuehne + Nagel CEO Stefan Paul approaches his second anniversary (1 August) at the helm of the world’s leader in air and ocean freight forwarding, with enough track record for K+N’s stock…
… to label his spell as… fairly delusional?
Not so fast
Acting as a good administrator of Klaus-Michael Kuehne’s treasure, under his leadership the forwarder paid out a record Sfr24 a share in aggregate dividends for 2022 and 2023…
… and that came after Peak K+N of late 2021 on the stock ...
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