Comment / Kuehne + Nagel yielding joy, not momentum

ID 48223070 © Jiradelta | Dreamstime.com

If you had the pleasure of joining the conference calls of DSV and Kuehne + Nagel with the analysts yesterday, you have most likely spotted the difference.

Particularly, I’d safely argue, when it boiled down to trying to understand the direction of yields* in air and ocean freight – all that matters for both firms’ value quest.

(*Aka gross profit per unit.)

The Danes weren’t willing to engage on that sort of guidance.

“We have moved away from giving specific guidance on the yields,” ...