Kuehne + Nagel’s road and rail logistics division saw volumes fall in the third quarter due to seasonality and the tough economic conditions affecting Europe, dragging down its nine month performance. It meant EBITDA was 9.6% down on the same period of last year for the first nine months of 2012 at CHF 28m (£18.7m). Despite this, invoiced turnover increased 6.9% to CHF 235m. EBITDA within its contract logistics division in the nine-month period was flat year-on-year at CHF 115m, […]
Kuehne + Nagel (K+N) intends to extend its delivery capability in the UK, after signing a deal with parcel delivery management firm the MetaPack Group to use its software.
Great Bear Distribution has appointed former Kuehne + Nagel senior vice-president for contract logistics, Glenn Lindfield, as chief executive. Lindfield, who will step down from his role as senior vice president for contract logistics for K+N North West Europe, will take on his new position from 1 February. He will take over management responsibility from the Chester-based 3PL’s founders, David Williams and Colin McDavid, who will continue to be involved in business strategy. Lindfield said: “I am delighted to have […]
Kuehne + Nagel has clinched a major contract to manage GlaxoSmithKline’s UK road distribution of consumer and healthcare goods.