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 ...
It was a truly nice choice of words by Kuehne + Nagel (K+N) this week when it informed us that it has “completed” its contract logistics (CL) restructuring (read: targeted divestments). That duly prompts any ghost hunter like me to speculate what could be next, well over a year after its management team had promised a deal in Asia that – as they said in one of the 2020 analyst calls – unfortunately had become harder to pull off due ...
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