Business
September 11, 2023
3 min

Kuehne+Nagel Group announces very good result in the first half of ... - India Shipping News

Kuehne+Nagel Group achieved solid financial results in the first half of 2023, despite challenges in the market due to the pandemic. The company reported a net turnover of CHF 12.7 billion, an EBIT of CHF 1.1 billion, and earnings of CHF 860 million. Despite a decline in air logistics volumes, Kuehne+Nagel gained market share in sea and contract logistics. They also announced partnerships and acquisitions to improve their sustainability and expand their services. The company's strategic focus remains on high-quality logistics services and customer satisfaction.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry