Kuehne+Nagel sees return to trade volume growth for air logistics
Positive airfreight yield partly attributed to digitalization of processes
Switzerland-based transport and logistics company Kuehne+Nagel reported Monday that its first-quarter gross profits for air logistics were up 30.9% year over year to CHF402 million ($440 million) after seeing a return to trade volume growth for the first time in more than two years, despite limited global freight capacity. Earnings before interest and tax (EBIT) […]
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