Nagel

Kuehne + Nagel shares fell sharply after it reported a steep drop in fourth-quarter earnings as logistics markets normalized, with one analyst noting the company’s volumes were lagging expectations. Kuehne + Nagel shares fell sharply after it reported a steep drop in fourth-quarter earnings as logistics markets normalized, with one analyst noting the company’s volumes were lagging expectations. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic…

Kuehne + Nagel shares fell sharply after it reported below-forecast fourth-quarter earnings, with one analyst noting the company’s consensus estimates for 2024 could be downgraded by 10%. Kuehne + Nagel shares fell sharply after it reported below-forecast fourth-quarter earnings, with one analyst noting the company’s consensus estimates for 2024 could be downgraded by 10%. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

The world’s largest freight forwarder by revenue has big plans for growth even as freight volumes and rates slump. Stefan Paul, chief executive of Switzerland-based Kuehne + Nagel International AG, is pushing ahead with a new four-year plan for the company that includes global expansion even as operating profit fell 43% in the most recent quarter as cargo volumes reset from Covid-19 pandemic highs.…