K+N - Geel, Belgium, Expansions

Kuehne + Nagel is seeing everything from a complete stop in supply chain activity to a significant decline in volumes and bookings on the China-US tradelane, as a result of the hefty import tariffs imposed by the Trump administration this month.

But it is a contrasting picture between sea and air freight.

During a conference call with analysts after the publication of the Switzerland-based group’s Q1 results last week, CEO Stefan Paul commented: “It varies a little bit from vertical to vertical.

“I ...

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