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Biden Admin Lays Out Zero Emissions Freight Goal

Peak Shipping Season Is Fizzling Out for Freight Companies | Hellenic Shipping News Worldwide

Peak Shipping Season Is Fizzling Out for Freight Companies | Hellenic Shipping News Worldwide
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Kuehne + Nagel 2021 earnings swell on 50% air, ocean margins

Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.

UPDATE 1-Kuehne & Nagel remains cautious after strong Q1 results

By Reuters Staff (Adds comments from call, background, stock move) April 26 (Reuters) - Swiss logistics group Kuehne & Nagel International said on Monday it remains cautious about this year even though its core earnings more than doubled in the first quarter due to strong demand in pharma and e-commerce. “The shift from retail to e-commerce will definitely continue,” Chief Executive Officer Detlef Trefzger said in a call with analysts. The group, rivals of which include Denmark’s Maersk and DSV Panalpina, reported first-quarter earnings before interest and tax (EBIT) of 431 million Swiss francs ($472.48 million), above a company-compiled consensus of 304 million Swiss francs.

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