Kuehne+Nagel said it was back on track after results for the third quarter showed that the group increased net revenues by 47%. Its road logistics division saw net turnover increase by 16% during the period to CHF 922m (£727m) and gross profit rose by 14% to CHF 311m (£245m). The group said road logistics had been able to significantly increase shipment volume in Q3 and network capacity utilisation was high in Europe, with strong demand in North America. The unit’s […]
Operator EM Rogers saw its pre-tax profit soar last year in the wake of low fuel prices and a strong pound against the euro, but said the UK’s vote to leave the EU could now prove costly to its operation.
DSV Road saw turnover fall by £13.3m in 2015 after a “challenging year” that saw it lose a major customer.
The COVID-19 pandemic has left Kuehne + Nagel facing an “immense” challenge in the coming months, the company has warned.