Airfreight business booming at K and N
04 / 03 / 2012
DURING 2011 Kuehne + Nagel’s airfreight tonnage increased 13 per cent.
Expansion and acquisitions in the perishables logistics segment and improved sales of industry-specific airfreight solutions boosted performance.
High growth rates were achieved in the export business from North America and on the routes from Europe to North America and Asia.
The operational result increased by 7.7 per cent and EBITDA to gross profit margin improved from 31.2 per cent in the previous year to 31.7 per cent.