International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]
Knights of Old remains on the hunt for more acquisitions after turnover jumped during the first full year of trading following its integration of the Mainland Group.
Norbert Dentressangle’s (ND) UK business saw a 10% increase in its turnover last year, while group turnover jumped 15%.