Kuehne + Nagel says it is back on track after a weak start to the first six months of trading this financial year. Citing muted consumption and increased market volatility throughout the world, the Swiss logistics giant saw turnover increase just 2.8% to CHF10bn (£6.5bn) for the six months ending 30 June (2011: CHF9.78bn). Globally, EBITDA was down from CHF502m in the same period a year ago, to CHF389m. Its road and rail division reports that its groupage, full and […]
Kuehne + Nagel has opened an 36,089ft² facility in Aberdeen specifically to serve oil and gas industry customers – in a move that brings previously subcontracted container loading and North Sea trailer services in-house.
Kuehne + Nagel plans to move into a depot at London Heathrow airport next year, as it continues with its restructuring plans.
Waitrose plans to transfer operations covered by a Kuehne + Nagel operated regional DC to its first national distribution centre (NDC).