OceanX: Goodbye to Nixon & Glickman; Multimodal UK roundup; Vertical M&A by CMA
Searching for UK positives…
An eventful week in transport and logistics – it all started on Tuesday, 4 March, with Kuehne + Nagel (K+N) reporting its numbers.
The figures were great compared to pre-Covid times – marking K+N’s fourth best year since 1890 – but several ’achievements’ cannot be satisfying for shareholders and management.
Sour
The once best-in-class ocean freight forwarder continues to shrink volumes, having peaked in 2019, losing market share in a growing market. And then, K+N needs more people to handle ...
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