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Kuehne+Nagel boosts seafreight and appoints new board members

Swiss logistics company Kuehne+Nagel grew in all four of its divisions in 2018. In 2019, the freight forwarder expects to grow twice as fast as the market, says CEO.

Kuehne+Nagel maintained its growth in 2018 and boosted revenue in all four of its divisions – seaborne, airborne, land based and contract logistics.

2018 revenue totaled to CHF 24.8 billion (USD 24.7 billion) against CHF 22.2 billion in 2017. The bottom line also grew and reached CHF 772 million against CHF 740 million in 2017.

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