Kuehne+Nagel, a global leader in sea and air freight, reported a 61 percent increase in turnover to CHF32.8 billion ($35.8 billion) and earnings nearly tripled (173 percent) to CHF2.2 billion ($2.4 billion) on "all business units contributing to the success."
"In 2021, Kuehne+Nagel proved itself an important and reliable logistics partner in a challenging market environment," says Dr. Detlef Trefzger, CEO, Kuehne + Nagel. "Our 78,000 colleagues worked relentlessly to support customers with a winning service offering. Once again, we focused on customers, systems and employees, we accelerated strategic initiatives and we far surpassed our ambitious financial targets. Thus far, in the current year, the business outlook has been favourable. However, Russia's acts of war highlight the unpredictable nature of geopolitics – the effects of which on economic development cannot yet be assessed."
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