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Kuehne + Nagel cuts over 2,000 jobs amid logistics capacity glut

Bloomberg NewsbyBloomberg News
March 3, 2026
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Kuehne + Nagel International AG plans to cut more than 2,000 jobs, as it tackles a glut of capacity in the transportation market, even as the war on Iran makes the global cargo outlook more unpredictable. The Swiss logistics services provider plans to save 150 million Swiss francs ($191 million) from the job cuts, it […]

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