Hi-tech cargo powers K+N growth as DSV rebuilds volumes

Semiconductor and cloud infrastructure shipments helped drive almost 10% growth in Kuehne + Nagel’s third-quarter airfreight volumes, contrasting with falling tonnage at rival DSV, as it pruned accounts and managed Schenker integration effects.  K+N handled 619,000 tonnes in Q3, up 9.8% year on year, with growth accelerating from 2.8% in Q2. Air Logistics net turnover rose 38%, to CHF2.4bn ($2.9bn Read full article →