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Kuehne + Nagel beats competitors on EBIT results in Q1

Neither DSV nor DHL were able to keep up with Kuehne + Nagel in operating earnings during the year’s first three months. In other important areas, however, both companies outdid their Swiss competitor.

Kuehne + Nagel added 160% to its Q1 operating earnings. | Photo: PR / Kuehne + Nagel

Global supply chains have been quite strained since the Covid-19 pandemic started, resulting in golden days for freight forwarders and logistics firms across the world.

During the first quarter, the earnings of three of the largest logistics companies have once again soared rapidly, according to a comparison of financial results by MobilityWatch among Swiss Kuehne + Nagel, German DHL and Danish DSV.

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