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Kuehne+Nagel International AG Continues Strong Performance Despite Economic Challenges

In a year marked by economic and political turbulence, Kuehne+Nagel International AG has stood as a beacon of resilience and success. Despite the hurdles presented by the global landscape in 2023, the company maintained its position as a trusted partner, delivering exceptional logistics solutions even in the face of adversity.

Navigating Through Uncertainty

Amidst geopolitical uncertainties, Kuehne+Nagel International AG has showcased its agility by swiftly devising alternative transport routes for its customers. This adaptability ensures seamless operations, reaffirming the company’s commitment to reliability and customer satisfaction.

A Leader in Logistics

With a firm foothold in both Sea and Air Logistics, Kuehne+Nagel International AG maintains its status as a global leader. Additionally, its strong presence in Road and Contract Logistics further solidifies its position in the market. By prioritizing customer needs, the company continuously delivers excellence, day in and day out.

Roadmap 2026: Ensuring Future Success

Looking ahead, Kuehne+Nagel International AG is focused on future-proofing its operations. The launch of Roadmap 2026 underscores the company’s dedication to strategic development, emphasizing customer and employee-driven experiences, digital innovation, and sustainability.

Success in Asia and Beyond

In 2023, Kuehne+Nagel International AG witnessed significant success, particularly in Asia, where market shares across industries experienced notable growth. The acquisition of Apex Logistics in China in 2021 has proven to be instrumental in expanding the company’s footprint in the region, contributing to its overall success.

Strong Financial Performance

Despite challenges posed by weak global consumer demand, Kuehne+Nagel International AG’s initiatives under Roadmap 2026 yielded remarkable results. In the financial year 2023, the company reported a net turnover of CHF 23.8 billion and an operating profit (EBIT) of CHF 1.9 billion, surpassing pre-coronavirus figures.

Source: Kuhne+Nagel

Recognition and Expansion

In June 2023, Kuehne+Nagel International AG made history by becoming the first logistics company to join Switzerland’s prestigious Swiss Market Index (SMI). This milestone not only highlights the company’s financial strength but also enhances its visibility, aiding in attracting top talent.

Commitment to Sustainability and Innovation

Kuehne+Nagel International AG’s dedication to sustainability is evident across its business units. From leading the transpacific route to introducing electric trucks in Road Logistics, the company is at the forefront of driving sustainable practices in the industry. Moreover, advancements in Air Logistics, including the deployment of Boeing 747s, further underscore its commitment to efficiency and innovation.

Leadership Transitions

In line with its commitment to excellence, Kuehne+Nagel International AG saw changes in its Management Board in 2023. Sarah Kreienbuehl assumed the role of Chief Human Resources Officer, bringing with her a wealth of experience from her previous role at Migros. Additionally, Michael Aldwell took the helm of the Sea Logistics business unit, leveraging his extensive experience within the company to drive further success.

As Kuehne+Nagel International AG continues to navigate through dynamic market conditions, its unwavering dedication to customer satisfaction, innovation, and sustainability remains steadfast. With a proven track record of success and a clear vision for the future, the company stands poised to overcome challenges and achieve even greater heights.

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