Kuehne + Nagel’s revenue for 2013 was up 0.8% on that for 2012, reaching CHF 20.9bn. The Group recorded volume growth for both its seafreight and airfreight divisions. Strict cost management, efficiency and the closure of unprofitable logistics locations helped the company achieve improved profitability in 2013 and the first quarter of 2014. For Q1 2014, EBIT margin improved to 3.8%, compared with 3.3% for the same period in 2013. For more details, download the IPC Carrier Intelligence Report for Kuehne + Nagel.
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