16
January
2019
|
06:45
Europe/Amsterdam

Kuehne + Nagel Group

Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”

  • No Brexit still the preferred solution
  • Risk of chaos following disorderly Brexit
  • Kuehne + Nagel well prepared to ensure flow of goods

Schindellegi / CH, January 16, 2019 – In response to the House of Commons vote in the UK, Dr. Detlef Trefzger, CEO of Kuehne + Nagel International AG, emphasises the importance of open markets.

“The House of Commons has made a historic decision which we need to respect. Kuehne + Nagel is committed to global free trade in principle which ensures prosperity for everyone. So from our perspective, “No Brexit” would be the preferred solution, since any form of Brexit is bound to increase trade barriers.

A disorderly Brexit is the worst solution. It will impose massive restrictions on the exchange of goods between the European Union and the United Kingdom. We appeal to the responsible bodies in London and Brussels to do the utmost to prevent this scenario. As far as we are concerned, we are focussed on ensuring the constant flow of goods for our customers”, says Trefzger.

Kuehne + Nagel has engaged customers and own industry experts over the past years to assess all possible impacts. In order to cope with the effects of a disorderly Brexit Kuehne + Nagel has taken steps to review all options to secure capacity on trade routes with Europe outside of the Kent corridor both by sea and air. Moreover, the company has commenced recruitment of additional customs clerks.

Kuehne + Nagel was asked to participate in the UK Government Cross Border Steering Group and will use this opportunity to define sustainable solutions as the set of Brexit conditions becomes clearer.

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