Kuehne + Nagel has joined the Development and Climate Alliance, a group launched in Germany in 2018 to promote development and environmental protection. The global logistics player said it joined the alliance as part of its Net Zero Carbon programme, which intends to fully compensate CO2 emissions it can’t avoid. Otto Schacht, K+N management board member, said: “With its Net Zero Carbon programme, Kuehne + Nagel acknowledges – as a first mover in the logistics industry – the responsibility it […]
Kuehne + Nagel plans to move into a depot at London Heathrow airport next year, as it continues with its restructuring plans.
Industrial action by Unite members at Kuehne + Nagel Drinks Logistics (KNDL) has been halted, following meetings between union representatives and company managers last week, KNDL has confirmed.
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 […]