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Kuehne + Nagel CEO outlines chaotic and constrained 2021 market

High freight rates, capacity shortages and large volumes of goods currently characterize the global freight market. However, uncertainty is currently so prevalent that Swiss logistics group Kuehne + Nagel does not dare predict whether the current trend will last the full year.

Photo: PR / Kuehne + Nagel

Despite a significant improvement in the first quarter of the year, management at Swiss logistics group Kuehne + Nagel is very cautious in predicting developments for the rest of the year.

High freight rates, congestion and soaring volumes characterize the market, but so does uncertainty.

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