Kuehne + Nagel volumes hit by impact of COVID-19 pandemic


 

The COVID-19 pandemic has left Kuehne + Nagel facing an “immense” challenge in the coming months, the company has warned. Announcing its group results in the first quarter of 2020, the global logistics giant revealed a “significant” drop in volumes in March as the pandemic advanced across Europe. Despite a solid start to the year, the road logistics division saw volumes decline “significantly” in March, with all sectors affected, with the exception of e-commerce and pharma. The company said volumes […]