ShippingWatch

Kuehne + Nagel CEO sees "tense market" continue for the rest of 2021

Results improved in the first quarter for Kuehne + Nagel, which more than doubled its bottom line compared to the start of 2020. CEO Detlef Trefzger expects the market to "remain challenging" for the rest of the year. Financial report shows drop in number of employees.

Photo: Kuehne+Nagel

Kuehne + Nagel CEO Detlef Trefzger describes the current market as "tense" and expects this environment to remain challenging throughout the rest of 2021, according to the logistics company's financial report for the first quarter, released Monday.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Tanker companies pay out massive dividends

Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.

Further reading

Related articles

Latest news

See all jobs