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Kuehne + Nagel soars within sea freight despite uncertain market developments

Uncertainties and lockdowns in China and elsewhere had Kuehne + Nagel’s marine business hard at work in Q2. Still, gross income increased by 62% in the division.

Photo: Daniel Reinhardt/AP/Ritzau Scanpix

Despite a number of uncertainties, Swiss freight forwarder Kuehne + Nagel has advanced on all parameters in the first half of the year.

Overall, the company has added 45% to its revenue in the second quarter across the business, achieving CHF 10.5bn (USD 10.8bn), according to the Q2 financial statement.

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