K+N predicts stronger second half


 

Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance. The division pulled back strongly in the second quarter from an 85% first-quarter drop in EBITDA caused by adverse weather. For the two quarters as a whole, the group said it increased full and part load volumes and kept gross profit in the division stable, although EBITDA for […]