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 ...
By Sam Whelan
Strong sea freight volumes helped Kuehne + Nagel hit “solid” results for the first nine months of 2019, despite the poor air freight market and “non-existent” peak season.
The Swiss forwarding giant increased its nine-month group net turnover by 3.1% year on year, to Sfr15.8bn (US$15.9bn), ...
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