NewsK+N looks to ‘higher-margin business’ from SMEs to protect record profits

October 25, 2022by 0

Swiss forwarder Kuehne + Nagel will focus on high-margin complex business to protect the record profit levels it reported today.
Reporting numbers for the nine months to 30 September, CEO Stefan Paul told analysts that, with demand slowing, particularly in the Asia to Europe trades, the company was looking to develop its products into the best in the market.
“We will not tackle commoditised business with very low margins, which we had …

The post K+N looks to ‘higher-margin business’ from SMEs to protect record profits appeared first on The Loadstar.

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