Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
Mr. J. Catch is always colourful but very clear in his remarks.
So, when he told me on Saturday he had heard that contract logistics (CL) staff were fired in Kuehne + Nagel’s (K+N) headquarters in Schindellegi, I had to take action.
If true, it could spell big trouble for the CL industry, given K+N’s size, about a month after DP DHL Supply Chain, the world’s CL leader, announced it had withdrawn from China.
No comment
Here is an excerpt of the email I sent to the corporate communication department of K+N, ...
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