All Kuehne+Nagel articles – Page 4
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NewsK+N's former Russian business to be renamed Noytech Supply Chain Solutions
Perry Neumann. Source: Noytech Supply Chain SoultionsKuehne+Nagel's (K+N) former Russian business will be run under the name Noytech Supply Chain Solutions after being acquired as part of a management buyout.Air Cargo News sister title DVZ reports that former K+N employee Perry Neumann has purchased the business, which has 24 branches ...
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News
Kuehne+Nagel adds new pharma charter product
Kuehne+Nagel has launched a new healthcare solution that will offer capacity on its air cargo charter flights out of Liege.The new MedConnex service aims to address constraints in terms of airfreight capacity, especially for cargo that requires specialised handling and transportation such as temperature-controlled and GDP-compliant shipments.The service will utilise ...
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News
Kuehne+Nagel's Klaus-Michael Kuehne increases stake in Lufthansa to 15%
Kuehne+Nagel majority owner Klaus-Michael Kuehne has increased his stake in German airline Lufthansa to 15% to become the airline's largest shareholder.In a shareholder notification on its website, Lufthansa said that Kühne's share in the business had increased from 10% to 15.01% on July 5.It was only in April that Kuehne ...
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Dispute between K+N and energy shipper goes to arbitration
A dispute between Kuehne+Nagel and oil and gas field services company Baker Hughes has been ordered to arbitration by a US federal court judge.The case centres on the September 2020 transportation of an air cargo shipment that was seized by customs authorities at its destination in Brazil.In court documents seen ...
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News
Firms to move away from just-in-time supply chains
Companies are making a long-term move away from just-in-time (JIT) supply chains as they look to combat the disruption experienced over the last couple of years.Panellists at the Multimodal conference and exhibition in the UK said that the last few years had seen companies move away from transporting shipments to ...
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NewsTop 25 airfreight forwarders: Kuehne+Nagel takes top spot from DHL
There is no doubt that 2021 was a bumper 12 months for airfreight forwarders with revenues, profits and volumes reaching new highs, but it was also a year of change at the top as Kuehne+Nagel knocked DHL off the top spot (see full list at end of article).The latest annual ...
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NewsKuehne+Nagel cuts airport emissions in India with electric vehicles
Photo: Kuehne and NagalKuehne+Nagel has launched an electric vehicle (EV) service for air cargo airport transfers in Mumbai, India in a bid to reduce its operational emissions.With this service, Kuehne+Nagel aims to switch to zero-emissions EVs in a phased manner. The initiative is expected to result in a reduction of ...
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NewsAutomotive demand drives K+N's new Budapest charter flight
Source: Budapest AirportKuehne+Nagel has launched a new charter route between Hong Kong International and Budapest Airport as it looks to capitalise on high-tech and automotive demand.The service will operate on a weekly basis utilising a Boeing B747-8F aircraft with a capacity of more than 100 tonnes per flight. After stopping ...
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NewsK+N and LATAM partner to offset flower shipment emissions
Source: LATAMKuehne+Nagel and LATAM Airlines Group will compensate 100% of the emissions generated by the flower shipments they managed together during the recent Mothers' Day season.During the season, thousands of tonnes of flowers were transported from Colombia and Ecuador to North America and Europe.The offsets will be focused on benefiting ...
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Insights
Top forwarders not expecting globalisation to end
Global supply chains have been battered by constant disruption for more than two years, leading some to warn that there could be an upswing in nearshoring.First there was the Covid outbreak, then capacity challenges across all modes of transport, issues with worker shortages due to quarantine requirements, the impact of ...
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K+N teams up with IAG Cargo on Saf flights
IAG Cargo and Kuehne+Nagel are partnering on the purchase of 8m litres of Sustainable Aviation Fuel (Saf) as they tackle airfreight emissions.The Saf will be manufactured from sustainable waste feedstocks and sourced from Phillips 66's Humber Refinery in Lincolnshire to be delivered over the course of 2022.The partners said the ...
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Shanghai aims to end lockdown in June
Shanghai is aiming to end the Covid lockdown that has heavily affected manufacturing output on June 1.The city's deputy mayor outlined a phased approach to lifting its lockdown and restrictions on movement started to ease after March 21.The move comes as community infections reached zero for the third day, according ...
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NewsKuehne+Nagel's new electric shuttle service for LA airport
Photo: Kuehne+NagalKuehne+Nagel North America has launched an electric truck service to shuttle air cargo between Los Angeles International Airport (LAX) and Kuehne+Nagel’s airport warehouse Torrance facility.The new offering from the logistics company will also support customers with carbon neutral pick-up and last mile delivery of their goods.The "sustainable airport corridor" ...
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DSV and K+N outline a complex market with higher rates to continue
Kuehne+Nagel (K+N) and DSV highlighted a complex logistics market in their recent quarterly updates, with higher freight rates to stay, softening consumer demand and ongoing supply chain disruption.K+N was the first to reveal its results, with revenues and profits continuing to surge on the back of acquisitions on higher prices ...
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Profits continue to soar at Kuehne+Nagel in Q1
Kuehne+Nagel (K+N) saw its overall and airfreight profits continue to soar in the first quarter of the year as supply chains remained under pressure and demand continue to improve.The forwarder reported an increase in airfreight revenues of 91% year on year to SFr3.1bn on the back of a 32.6% increase ...
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NewsLufthansa Cargo and Kuehne+Nagel promote PTL SAF
Boeing 777 freighter with SAF livery. Photo: Lufthansa CargoKuehne+Nagel and Lufthansa Cargo are continuing to promote the use of power-to-liquid (PTL) synthetic sustainable aviation fuel (SAF).On April 14, a Lufthansa Cargo B777 freighter (registration D-ALFK) flew from Frankfurt, Germany to Seoul, South Korea with new livery that reads "Flying into ...
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Kuehne ups his stake in Lufthansa
Kuehne+Nagel majority owner Klaus-Michael Kuehne has doubled his stake in German airline Lufthansa to 10%.In a stock exchange note, the airline revealed that German national Kuehne's KA Logistik Beteiligungen made the investment on April 8.He is now the second largest shareholder in the airline behind the German state, which owns ...
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NewsKuehne+Nagel charters AN-124 for Ukraine relief flight
Source: Kuehne+NagelKuehne+Nagel (K+N) has chartered an AN-124 from Antonov to carry aid to Ukraine.The AN-124 took off from Sharjah on March 29 carrying 111 tonnes of aid sourced from UNICEF's warehouse in Dubai and landed in Poland the same evening. The goods will then be trucked to Ukraine.The flight was ...
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NewsPlatform tackles new house air waybill requirement at Frankfurt
Photo: Fraport GroupForwarders and handlers have reported faster processing for import consolidations following the implementation of a new platform at Frankfurt Airport that aims to tackle new house air waybill requirements.The new FRA-OS import platform from Dakosy, which tracks shipments electronically on the airport premises, was put in place following ...
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Major forwarders suspend Russia operations
The world's leading four airfreight forwarders have all announced a suspension of services covering Russia.The move comes as transport operations face disruption due to sanctions and restrictions put in place as a result of the Russian invasion of Ukraine.In a customer advisory, Kuehne+Nagel said that most carriers - across land, ...