Container volumes drop 11 percent at Kuehne + Nagel

Kuehne + Nagel loses more than a million in the second quarter, which was negatively impacted by the Covid-19 pandemic and societal lockdowns around the world. Cost-cutting measures, however, have a positive effect on the company.
Photo: PR / Kuehne + Nagel
Photo: PR / Kuehne + Nagel

Swiss logistics group Kuehne + Nagel lost millions in profit during the second quarter, when freight demand was lower as large parts of the world were in lockdown, shows the company's second quarter interim report, published Tuesday morning.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading