Kuehne + Nagel reports major growth after gaining market shares

Swiss Kuehne + Nagel experienced double-digit growth in its revenue in the third quarter, however, the margins faced some pressure. Seafreight grew twice as much as the market.

Swiss-based Kuehne + Nagel maintained a double-digit revenue growth in the third quarter, while the margin face slight pressure.

Especially airfreight produced growth, as the division moved 439,000 tons – 12 percent more than in the same quarter in 2017. And it was at a higher earning per ton, even though Kuehne + Nagel took market shares.

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