Kuehne + Nagel is to open a 195,000 ft² warehouse near Castle Donington in the East Midlands. The company has signed a 15-year lease on the facility, which is being constructed on 17.6 acres at Segro Logistics Park East Midlands Gateway, and is due to open in March 2019. Three existing facilities, including one at Minworth, will be merged into the new operation which will serve Kuehne + Nagel’s overland business. Jim Hedderwick, overland director for Kuehne + Nagel UK […]
Kuehne + Nagel has appointed Pamela Doyle as national manager for Ireland as predecessor Marcus Bennett took up his role as national manager for the UK.
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 […]
Kuehne + Nagel felt the benefit of its acquisition of RH Freight last year as turnover in its road and rail division rose 18% during the first quarter of 2012. The logistics giant says that it made “good progress” in its European road freight operations with volumes up in its groupage and full and part loads businesses. EBITDA increased 7.7% in Q1, equating to a profit margin of 1.9% – “stable” year-on-year, according to the firm. Overall, including K+N air […]