Kuehne + Nagel is to replace food service customer Spirit Pub Company’s entire fleet with 56 new Iveco trucks as part of an open book contract. The order includes 39 Stralis Hi-Street 26-tonne rigids, 14 Stralis Hi-Street 18-tonne rigids, and three Stralis Hi-Way 6×2 tractor units. All rigid vehicles are being fitted with refrigerated bodies built by Solomon and equipped with Frigoblock multi-temp refrigeration units. Spirit demerged in September 2011 from Punch Taverns. It has an estate of more than […]
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 UK managing director Marcus Bennett oversaw a 43.5% jump in profitability at the 3PL during his first full year in charge of the British arm of the Swiss multinational.