EXCLUSIVE: Kuehne + Nagel shockwaves in APAC
Keep the focus
Kuehne + Nagel (K+N) is still living off the stock market rally seen when it reported its third-quarter (Q3) numbers on 22 October. Back then its shares swiftly flew past the key Sfr160 handle, staying above that threshold until now.
Its trailing figures were good indeed, rather than outstanding, though.
Now look at this
“As of last trade Kuehne und Nagel International AG (KNIN:VTX) traded at 164.55, -0.87% below its 52-week high of 166.00, set on Jan 09, 2020” – The Financial Times, “key statistics” section.
Even more ...
Urgent call for breakdown of cargo onboard as General Average declared on Dali
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Resurgence of Somali pirates creates another 'danger zone' for shipping
Flexport is 'back on track' – now it needs to start growing again
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article