All Kuehne+Nagel Articles – Page 2
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NewsK+N: Airfreight ‘very attractive’ and confident on regaining top spot
Kuehne+Nagel (K+N) has outlined a positive outlook for the air cargo market based on growing demand, market volatility and capacity constraints
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NewsKuehne+Nagel joins network to explore the use of airships
Kuehne+Nagel (K+N) has joined a network of companies that are exploring use cases for Hybrid Air Vehicles’ (HAV) in-development airships
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NewsKuehne+Nagel and WFS speed up Frankfurt handling
K+N and WFS ave developed a trucking control tower to speed up the handling of the forwarder’s cargo at Frankfurt Airport
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NewsK+N sees air volumes climb but profits slide in 2024
Kuehne+Nagel registered an increase in airfreight volumes last year despite “challenging market conditions” but operating profits for the division came under pressure
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NewsAir Cargo News’ most read stories in 2024
2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also plenty of challenges throughout the year. Not unexpectedly, the sale of DB Schenker, a milestone e-commerce flight ...
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NewsK+N uses SAF to minimise Mercedes-Benz carbon footprint
Jörg Burzer (L) and Heiko Schuhmacher (R) Source: Kuehne+NagelSupply chain services provider Kuehne+Nagel (K+N) has pointed to its use of sustainable aviation fuel (SAF) in supporting Mercedes-Benz’s logistics chains into the US for over a year as helping the Germany-headquartered automotive manufacturer to lessen its CO2 emissions by approximately 11,000 ...
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Kuehne+Nagel eases back on cost cutting programme
Kuehne+Nagel has scaled back its cost-cutting programme as it responds to changing market conditions.The forwarder had originally estimated annual restructuring cost savings net of inflation of around CHF200m, but this has now been reduced to around CHF100m.Speaking on a conference call following its half-year results announcement, the forwarder's chief financial ...
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NewsAsia exports boost K+N airfreight volumes in Q2
Healthcare and semiconductor shipments, Asia exports and Red Sea disruption helped drive up airfreight volumes for Kuehne+Nagel (K+N) in the second quarter of 2024.Airfreight volumes at K+N increased 7.3% to 517,000 tonnes in the second quarter of 2024 compared to the same quarter in 2023.Net turnover in K+N's air logistics ...
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NewsTop 25 air forwarders: K+N keeps the lead in a tough year for airfreight
Kuehne+Nagel (K+N) maintained its position as the world’s leading airfreight forwarder in 2023 ahead of DHL Global Forwarding despite overall market volumes coming under pressure (full chart at end of article). Figures produced by consultant Armstrong and Associates show that top air forwarder K+N last year saw its cargo volumes ...
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NewsBirmingham-Shuttlesworth Airport opens K+N leased cargo facility
Kuehne+Nagel flight arrives at Birmingham-Shuttlesworth. Photo K+N Birmingham-Shuttlesworth International Airport in Alabama has opened a new $31m air cargo facility that is being leased by Kuehne+Nagel (K+N) as part of a partnership between the forwarder and the airport. The new 53,000 sq ft facility, which is located ...
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NewsEtihad Cargo opens up direct capacity to K+N
Photo: Etihad CargoEtihad Cargo has established a direct e-booking integration with Kuehne+Nagel (K+N) that provides the forwarder with access to real-time capacity and pricing across Etihad Cargo's network.The integration, which uses advanced web services developed by both companies, offers K+N immediate visibility into available capacity and dynamic pricing via Etihad ...
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NewsK+N invests in new Dubai e-commerce facility
Source: Kuehne+NagelKuehne+Nagel (K+N) has started work on a new e-commerce centre located close to Dubai World Central (DXB) Airport.The new facility will provide fulfilment and distribution services and is located in dedicated e-commerce area EZDubai, which offers exemption from customs clearance procedures within bonded logistics corridors.It will offer 23,000 sq ...
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NewsK+N installs readers in Frankfurt to monitor AF KLM Cargo's ULDs
K+N's Frankfurt facility. Source: AFKLMP CargoShipment visibility is becoming increasingly important to shippers as technology allows for greater supply chain connectivity while a volatile market places a greater emphasis on cargo visibility.The drive to create more efficient supply chain operations through greater visibility has seen companies invest in trackable ULDs, ...
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NewsK+N and LATAM utilise SAF for flower flights
Photo: K+NKuehne+Nagel (K+N) and the LATAM Group have partnered with a flower industry firm to buy sustainable aviation fuel (SAF) that will offset emissions related to airfreight flower shipments for US Mother's Day on May 12.The two companies joined forces with the Elite Group to procure 34,615 litres of SAF ...
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NewsK+N sees airfreight turnover and profits fall in first quarter
Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to some disappointing results across the business.Across K+N, turnover was down by 18% over the first quarter of 2023, gross profit by 13%, and the figures for K+N’s Air Logistics segment ...
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K+N switches to direct reporting for country organisations
Kuehne+Nagel's (K+N) board of directors has approved a new direct reporting system for country organisations.This change aims to help the company improve efficiency and achieve more profitable growth.By simplifying responsibilities, the new structure is expected to enable K+N's business and functional units to adapt their strategy in line with rapidly ...
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NewsAirbus lab to test new concepts in cargo
Source: AirbusAirbus is to go into partnership with experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport in a new tech initiative, the plane-maker announced at IATA World Cargo Symposium in Hong Kong on 13 March.OpenCargoLab aims “to drive digital, resource-saving concepts, contributing to more resilient and efficient airfreight ...
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NewsIATA and SFC to offer precision in carbon reporting
Frederic Leger, IATA senior vice president for commercial products and services.IATA has announced a partnership with the non-profit organization for climate action, Smart Freight Centre (SFC), to provide more consistent and transparent CO2 emissions calculations for air cargo.They told the WCS conference in Hong Kong on 13 March that they ...
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InsightsWhat's driving Asia-Europe trade?
E-commerce is proving key for Asia-Europe trade, even as the Red Sea - Suez Canal shipping crisis throws up near-term opportunities.Trade flows have been sent into chaos amidst the outbreak of global conflict. Attacks against international shipping in the Red Sea is just the latest conflagration to have forced a ...
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NewsE-commerce and perishables lift K+N after Q4 airfreight volume decline
E-commerce and perishables business helped soften the blow of a drop in airfreight volumes for Kuehne+Nagel (K+N) in the fourth quarter.Airfreight volumes at K+N dropped 2.2% to 533,000 tonnes in the fourth quarter of 2023 compared to the same quarter in 2022.Net turnover in Kuehne+Nagel's (K+N) air logistics division in ...