“With the passing of Klaus-Michael, we have lost a visionary, a great entrepreneur and an extraordinary personality. Our thoughts are with his widow Christine Kühne. The Board of Directors and the entire company will honour Klaus-Michael Kühne’s memory with the utmost respect and gratitude,” said Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG.

Klaus-Michael Kühne joined the family business Kuehne+Nagel in 1958 and became Chairman of the Management Board of Kuehne+Nagel Speditions-Aktiengesellschaft in 1966. From 1975, he served as Chief Executive Officer of Kuehne+Nagel International AG and from 1992 to 2011 as Chairman of its Board of Directors. Since 2011, he held the position of Honorary Chairman of the Board of Directors. Throughout his distinguished career, he played a pioneering role in shaping global trade and made a lasting contribution to modern logistics and the development of today’s global supply chains.

“The news of Klaus-Michael Kühne’s passing has deeply saddened us all. Klaus-Michael Kühne embodied logistics and global trade like no other. On behalf of the Management Board and the employees of Kuehne+Nagel, we extend our deepest sympathies to his family,” said Stefan Paul, CEO of Kuehne+Nagel International AG.

The Kuehne+Nagel Group delivered strong business performance in the second quarter of 2026. Net turnover increased by 8% year-over-year to CHF 6.6 billion (11% in constant currencies). EBIT rose by 11% to CHF 381 million (17% in constant currencies), while earnings increased by 10% to CHF 276 million (15% in constant currencies). The Group’s conversion rate stood at 17%.

Stefan Paul, CEO of Kuehne+Nagel International AG:

“The Kuehne+Nagel Group gained significant momentum in the second quarter of 2026, once again demonstrating its ability to position itself successfully in the market. Air Logistics delivered an excellent quarter, increasing profit by 35%. At the same time, we are accelerating the deployment of artificial intelligence across the organisation. From optimising operational processes to integrating AI agents, we are creating the foundation for measurable efficiency gains and the continuous enhancement of service quality.”

Based on the results of the first half of 2026, Kuehne+Nagel now expects recurring EBIT for the full year in the range of CHF 1.35 to 1.55 billion.
 

Sea Logistics

Net turnover in the business unit Sea Logistics amounted to CHF 2.2 billion in the second quarter of 2026, with EBIT reaching CHF 140 million. The conversion rate stood at 29%, representing a sequential improvement of four percentage points compared with the first quarter of 2026. Over the first half of 2026, container volumes totalled 2.1 million TEU.

The second quarter of 2026 was characterised by continued efficiency gains across the network and market share growth on the trade from Asia to Europe and to North America. Export business from Europe remained subdued due to weak economic conditions. Through disciplined cost management, Kuehne+Nagel partially offset this decline by reducing production costs.

Air Logistics

Net turnover in the business unit Air Logistics increased by 20% year-over-year to CHF 2.2 billion in the second quarter of 2026, while EBIT rose by 35% to CHF 154 million. The conversion rate stood at 31%. Air freight volumes amounted to 1.1 million tonnes in the first half of 2026.

Performance was primarily driven by improvements in customer portfolio mix and market share gains, particularly in the tech sector. At the same time, Kuehne+Nagel further strengthened its position in end-to-end logistics solutions, for example through the transportation of cloud infrastructure equipment for Google from Asia to the United States.

Road Logistics

Net turnover in the business unit Road Logistics increased by 14% to CHF 1.0 billion in the second quarter of 2026, while EBIT rose by 29% to CHF 36 million. The business unit gained market share across all regions. In particular, customs brokerage services made a positive contribution to the business.

On May 1, 2026, Søren Schmidt, a recognised industry leader, took up responsibility for Kuehne+Nagel’s global Road Logistics business.

Contract Logistics

Net turnover in the business unit Contract Logistics increased by 2% to CHF 1.2 billion in the second quarter of 2026, while EBIT rose by 21% to CHF 51 million.

In the first half of 2026, Kuehne+Nagel Contract Logistics secured significant business from customers in the tech sector. In total, new warehouse space dedicated to cloud providers will exceed 300,000 sqm.

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG:

“In the first half of 2026, Kuehne+Nagel successfully capitalised on its strategic strengths in an environment marked by significant changes and uncertainty in global trade. Through the consistent execution of our efficiency programme and strong operational performance, the Group further enhanced its capabilities and attractiveness to customers. With the opening of a new IT centre in India, we are making targeted investments in efficiency as well as in our innovation and technology capabilities.

In light of the positive business development and our further strengthened market position, we are raising our earnings guidance for the full year 2026.”

Kuehne+Nagel is advancing its digital capabilities in Contract Logistics through the evolution of KN SwiftLOG, its warehouse management system, into a cloud-native platform with agentic AI capabilities. 

Spanning more than 1,000 sites in close to 100 countries, the deployment represents one of the most extensive transformations of warehouse operations in the logistics industry. 

To support this transformation, the platform is built on Blue Yonder’s Warehouse Management Solution, part of the company’s Cognitive Solutions. This brings KN SwiftLOG into a unified, cloud-based environment while continuing as Kuehne+Nagel’s established warehouse management system. 

The global roll-out began in April 2026 and is being implemented in phases to ensure continuity of service. As deployment progresses, it enables scaling across operations and helps manage increasing supply chain complexity and evolving customer requirements. 

“Evolving KN SwiftLOG into a cloud-native platform allows us to connect operations, data, and workflows more effectively across locations. As supply chains become more complex, improving efficiency remains a key driver for adopting cloud-based solutions. This shift supports consistent execution at scale and helps us respond more quickly to customer requirements, while maintaining reliable service delivery,” says Eduardo Razuck, Executive Vice President, Contract Logistics, Kuehne+Nagel. 

The platform lays the foundation for more efficient and coordinated operations across the network, connecting warehouse activities with data-driven insights and intelligent automation. This enables more accurate planning, clearer visibility, and faster responses to disruptions.  

For customers, this translates to consistent execution across locations while maintaining the stable operations they experience today. Moving to a single cloud-based platform supports more standardised processes across sites, helping to align operations for customers served in multiple countries. The first customer deployment is planned to go live in Asia in July 2026. 

“Together, Kuehne+Nagel and its customers will benefit from AI-enabled execution and next-generation operating practices that increase productivity, speed and agility,” said Duncan Angove, CEO of Blue Yonder. "The future of supply chain belongs to those who can standardise globally, decide faster, and adapt at the speed of disruption.” 

Kuehne+Nagel and Mondadori Group inaugurated a new 40,000 sqm fulfilment centre in San Giorgio Bigarello, in the province of Mantova. The facility is Italy’s largest logistics hub dedicated to educational publishing, supporting the efficient distribution of learning materials to schools, educators and students across the country.

Developed and operated by Kuehne+Nagel, the new fulfilment centre brings together activities previously managed across three locations. The hub also serves Mondadori Group’s educational and retail publishing business, including bookstores, e-commerce and direct-to-consumer channels. It reflects the growing importance of all-in-one logistics solutions to support the evolution of the publishing market.

By centralising operations, increasing inventory visibility and omnichannel capabilities, the new facility helps Mondadori Group respond more efficiently to changing customer expectations while ensuring reliable distribution of educational materials across Italy. The highly seasonal nature of educational publishing demands precise planning and execution to ensure learning materials reach schools when they are needed.

"This new fulfilment centre is the result of a long-standing collaboration with Mondadori Group and our shared commitment to innovation and the strategic role of logistics," said Eduardo Razuck, Executive Vice President Contract Logistics at Kuehne+Nagel. "By combining logistics expertise, technology and operational excellence, we have created a scalable platform that supports Mondadori’s continued growth. Beyond strengthening the regional economy and creating employment opportunities for young people, we contribute to the future of learning for the next generations."

"Having a single highly specialised facility allows us to coordinate educational and retail publishing activities more effectively, strengthen the integration between physical and digital channels, and improve service quality throughout the entire supply chain. For educational publishing, this means being able to rely on a timely and dependable distribution network capable of meeting the needs of schools, teachers, students and families across Italy," commented Antonio Porro, Chief Executive Officer of Mondadori Group.

The facility became fully operational in June 2026, following a phased transition, ensuring uninterrupted service throughout the implementation process. Innovation and sustainability were central to its design. The LEED Gold-certified site incorporates renewable energy solutions, energy-efficient lighting, CO₂ emissions monitoring systems and sustainable packaging measures, supporting both operational and environmental excellence.

The hub also leverages Kuehne+Nagel’s expertise in managing complex distribution networks and its ongoing investments in technology, automation and innovation.

In the ordinary course of financing, Kuehne+Nagel International AG today issued two bonds.

The proceeds of both bonds will be used for financing or refinancing of existing indebtedness and general corporate purposes, including the repayment of credit facilities.

The first bond has a fixed coupon of 0.819% and a tenor of three years four months, maturing on November 2, 2029.

The second bond has a fixed coupon of 1.090% and a tenor of six years four months, maturing on November 2, 2032.

Kuehne+Nagel is collaborating with Google to support the reduction of air freight emissions through the use of sustainable aviation fuel (SAF) for Google Cloud’s shipments in 2026. This reinforces both companies’ commitment to advancing sustainable logistics.

The agreement, totaling up to 5.2 million litres of SAF, covers a key set of Google Cloud’s infrastructure shipments, representing a reduction of up to 12,600 tonnes of CO₂e emissions. The agreement serves as a pilot for future collaboration.

SAF is produced from renewable resources that are considered waste, residues or by-products, such as used cooking oil and tallow, and can reduce lifecycle greenhouse gas emissions from air transportation by around 80% compared to fossil-based jet fuel. SAF is a key lever for the aviation sector to reduce emissions.

Kuehne+Nagel offers its customers the opportunity to lower their scope 3 emissions through its SAF certification programme. The programme meets strict sustainability requirements while simplifying the process for customers worldwide and contributes to the accelerated scaling of global demand for SAF.

By investing together in sustainability, Google Cloud and Kuehne+Nagel reinforce a long-term dedication to increasing demand for SAF and supporting the transition toward lower-emission air freight operations.

“This agreement builds on Google Cloud's ongoing work to reduce emissions across our logistics value chain and supports our broader sustainability goals. By collaborating with Kuehne+Nagel, we can help advance the adoption of sustainable aviation fuel and support the transition toward lower-emission air freight operations,” says Brian Stewart, Senior Director, Logistics, Google Cloud.

“As leaders in our respective industries, it is important to set a precedent by jointly driving sustainability. It demonstrates the importance of sustainability as a core business priority and as a foundation for strong partnerships. We are proud that Google Cloud has selected Kuehne+Nagel to support the decarbonisation of its supply chains and to jointly advance practical, scalable sustainability initiatives,” says Fabiano Piccinno, Global Head of Sustainability Air Logistics at Kuehne+Nagel.

Kuehne+Nagel has expanded its own-controlled air freight network with the addition of Frankfurt to its Inspire aircraft rotation, strengthening connectivity between North America, Europe and Asia.

As Europe’s leading air cargo hub, Frankfurt handles around 2 million tonnes of cargo annually and plays a central role in the movement of high-value and time-sensitive goods. Its inclusion in the Inspire rotation further strengthens key trade flows between Europe and North America.

The updated rotation now includes a weekly routing from Chicago to Frankfurt, continuing to Atlanta. The connection directly links Frankfurt and Chicago, two major pharmaceutical production and distribution hubs, supporting the movement of time-sensitive healthcare shipments

Inspire is Kuehne+Nagel’s own controlled Boeing 747-8 freighter. The long-term charter is operated by Atlas Air. The Boeing 747-8F is the largest cargo plane manufactured by Boeing, with a cargo capacity of about 140 tonnes, enabling the transport of high-value and complex shipments across key global trade lanes.

Effective June 2026, the updated Inspire rotation enhances connectivity across key transatlantic and Asia-Europe trade lanes, linking Atlanta, Chicago, Frankfurt, Liège, Sharjah, and Taipei. The network is designed to support industries with high requirements on reliability and speed, including pharmaceuticals, aerospace, high-tech, semiconductors and cloud infrastructure shipments.

“Frankfurt is one of Europe’s leading air cargo and pharmaceutical hubs, linking regional production with global markets. The expanded Inspire rotation provides customers with capacity, reliability and greater global connectivity for both healthcare shipments and other time-sensitive cargo, including high-tech and semiconductor flows,” says Martin Schaefer, SVP Air Logistics Germany at Kuehne+Nagel.

Kuehne+Nagel continues to scale its own-controlled capacity, comprising more than 100 weekly charter connections worldwide. Leveraging its scalable network and gateway model, the company further strengthens reliability, speed and service consistency across its air logistics offering, while maintaining the flexibility to adapt to evolving trade patterns and customer needs.

MCH Group, a leading global live-marketing company headquartered in Switzerland, has appointed Kuehne+Nagel as its Official Logistics Partner for the next five years.

From July 1, 2026, the partnership will cover MCH Group’s exhibition venues at Messe Basel, Messe Zurich and Beaulieu Lausanne, together representing more than 182,000 square metres of exhibition space. Under the agreement, Kuehne+Nagel will provide comprehensive services for exhibitors and event organisers, including international shipping to and from event locations of exhibitors’ goods as well as on-site handling carried out in close coordination with all event partners.

MCH Group’s core business includes renowned platforms such as the Art Basel shows in Basel, Hong Kong, Paris, Miami Beach and Qatar, alongside major national exhibitions including Swissbau and Giardina. These events rely on meticulous logistics planning and coordination across venues, markets, and timelines. 

For Kuehne+Nagel’s Expo and Event Logistics team, the partnership reflects its focus on long‑term collaborations with leading organisers, supporting complex international events through reliable and time‑critical logistics solutions.

“With Kuehne+Nagel, we have found a partner that brings the expertise, global reach, and operational reliability our venues require. This long-term partnership will allow us to offer exhibitors and event organisers a seamless, consistently high-quality logistics experience across all three of our Swiss locations – and ultimately strengthen what makes our events exceptional,” says Roman Imgrüth, CEO Exhibitions and Events, MCH Group. 

Joern Schneemann, Global Head of Expo and Event Logistics at Kuehne+Nagel, adds: “We are proud to be the Official Logistics Partner for MCH Group. This long‑term agreement reflects the trust placed in our expertise and underlines our commitment to supporting MCH, its exhibitors and partners with tailored services and operational excellence over the coming years.” 

At today's Annual General Meeting of Kuehne+Nagel International AG, all proposals were approved by a large majority. Shareholders present at the meeting represented 77.37% of the issued shares.

The shareholders approved among others the status report, the financial statements, the consolidated financial statements, the annual financial statements for the 2025 business year as well as the distribution of a gross dividend of CHF 6.00 per registered share.

All persons proposed for re-election were confirmed for another term of office, and Dr. Joerg Wolle was confirmed as Chairman of the Board of Directors.

The Board of Directors thanks the shareholders for the trust they have placed in it.

Kuehne+Nagel has expanded its healthcare logistics footprint in India with the opening of a new temperature-controlled airfreight cross dock facility in Hyderabad. The investment strengthens the company’s ability to support the safe, compliant and reliable movement of healthcare products, in response to growing demand for specialised logistics solutions for pharmaceutical and medical shipments.

Hyderabad is a major centre for pharmaceutical manufacturing, contributing over 40 per cent of India’s active pharma ingredients and vaccine production. Strategically located within this ecosystem, Kuehne+Nagel’s new facility supports efficient handling and distribution while improving proximity to key customers and manufacturing sites.

The 248 sqm facility operates across dedicated temperature zones, including +2°C to +8°C and +15°C to +25°C. These controlled environments are designed to safeguard product integrity across a wide range of healthcare shipments. The site complies with Kuehne+Nagel’s global HealthChain quality standard, ensuring consistent GxP compliance across healthcare supply chains. With the addition of Hyderabad, Kuehne+Nagel now operates two HealthChain-certified facilities in India, following the launch of its Bengaluru Cool Zone facility in December 2025.

Anish Kumar Jha, Managing Director for Kuehne+Nagel India, Sri Lanka and the Maldives, said: “This investment strengthens our healthcare logistics network in India and brings us closer to customers operating in one of the country’s most important pharmaceutical hubs. By investing in specialised, HealthChain-certified infrastructure, we are supporting Indian healthcare companies as they grow and connect to global markets through compliant, temperature-controlled supply chains.”

The Kuehne+Nagel Group generated a net turnover of CHF 5.6 billion in the first quarter of 2026. EBIT amounted to CHF 343 million and earnings to CHF 248 million. The Group’s conversion rate stood at 16%.

The cost-saving measures announced in October 2025 had a material impact on the first-quarter 2026 earnings. As a result, costs per unit were sustainably reduced.

Stefan Paul, CEO of Kuehne+Nagel International AG:

“Thanks to disciplined cost management, Kuehne+Nagel made a strong start to the year in Air, Road and Contract Logistics. Sea Logistics was affected short-term by disruptions in the Middle East. We are closely monitoring the situation, particularly with regard to rising energy prices and the possible impact on consumer demand.

As the markets continue to be volatile, our access to a global network and close collaboration with customers enable us to respond swiftly and flexibly to fast-changing conditions. This strength, combined with the current market dynamics and our consistent cost management, gives us confidence for the second quarter of 2026.”

Taken the results of the first quarter into consideration, Kuehne+Nagel now expects recurring 2026 group EBIT in a range of CHF 1.25 to 1.40 billion.

Sea Logistics

In the first quarter of 2026, Sea Logistics generated net turnover of CHF 1.9 billion and EBIT of CHF 113 million. The conversion rate stood at 25%. At the end of March 2026, volumes amounted to one million TEU.

The situation in the Middle East has led to increased service intensity in the first quarter of 2026. Volumes in the prior-year period (Q1 2025) had been exceptionally strong due to effects from customer front-loading related to “Liberation Day”.

Air Logistics

Air Logistics generated a net turnover of CHF 1.6 billion in the first quarter of 2026, with EBIT reaching CHF 111 million. The conversion rate amounted to 27%. At the end of March 2026, air freight volumes totaled 516,000 tonnes, showing a slightly positive development compared with the prior-year period.

Events in the Middle East led to a short-term tightening of air freight capacity, resulting in increased demand for charter solutions.

Road Logistics

In the first quarter of 2026, Road Logistics generated a net turnover of CHF 908 million and EBIT of CHF 25 million.

The business unit increased market share across all regions. Since the outbreak of the conflict in the Middle East, Kuehne+Nagel has also contributed to safeguarding regional supply chains by establishing land-bridges, for example through truck transport services from Saudi Arabia to the United Arab Emirates.

Contract Logistics

Contract Logistics generated a net turnover of CHF 1.2 billion in the first quarter of 2026, with EBIT amounting to CHF 94 million. A one-off positive result of CHF 35 million was recorded from the sale of a property in Germany.

Kuehne+Nagel opened new distribution centers in the Americas, the United Arab Emirates and Singapore.

Kuehne+Nagel and Casaideas have announced an expanded partnership in Chile, aimed at enhancing logistics capabilities supporting both e-commerce fulfilment and retail store replenishment for the national design brand.

The agreement resulted in the construction of a dedicated distribution centre for Casaideas, operated by Kuehne+Nagel. Since becoming operational in 2025, the new centre has already delivered strong performance, handling 34.8 million inbound units and distributing 24.7 million products to more than 40 Casaideas stores nationwide, with the final quarter of 2025 accounting for 33% of the annual total volume. E-commerce operations processed 953,000 units in 2025, fulfilling close to 190,000 customer orders.

Eduardo Razuck, Executive Vice President Contract and Integrated Logistics at Kuehne+Nagel, comments: "This partnership brings together an integrated logistics operation focused on efficiency, automation, visibility and responsiveness. Our goal is to enable a flexible and scalable supply chain that delivers operational excellence while ensuring consistent customer experience across retail stores and e-commerce channels.”

Cedric Moller, General Manager of Casaideas Chile, highlights: "At Casaideas, everything we do is centred on ehancing the customer experience. This partnership is a critical step in that journey, improving response times, ensuring a better shopping experience, and advancing our omnichannel strategy. This will allow us to strengthen our physical and digital channels, optimise processes, and ensure a consistently high level of service at every customer touchpoint."

   _{*adjusted for expenses from the cost savings programme
   **adjusted for foreign exchange effects}

The Kuehne+Nagel Group generated net turnover of CHF 24.5 billion in financial year 2025. Recurring EBIT reached CHF 1.4 billion, while earnings amounted to CHF 925 million. The Group’s recurring conversion rate – the ratio of recurring EBIT to gross profit – stood at 16%. The cost reduction programme targeting more than CHF 200 million of savings was implemented in the fourth quarter of 2025.

Stefan Paul, CEO of Kuehne+Nagel International AG:

“In a year marked by a deteriorating economic environment, we continued to deliver growth through the consistent execution of our strategy. As a logistics partner to global cloud and server infrastructure providers, we gained significant market share in Air Logistics contributing to our unchanged global No. 1 positions in both the sea and air freight markets on a volume basis.

The accelerated deployment of AI, built upon our established global networks and proprietary technology, will be a key strategic pillar with material productivity gains expected over the next 18 months.”

For 2026, Kuehne+Nagel expects a group recurring EBIT result in the range of CHF 1.2 to 1.4 billion.

  
Sea Logistics

   _{*adjusted for expenses from the cost savings programme
   **adjusted for foreign exchange effects}

Net turnover in Sea Logistics totalled CHF 8.8 billion in 2025, with recurring EBIT of CHF 585 million. Container volumes reached 4.3 million TEU, confirming Kuehne+Nagel’s global number 1 position. The recurring conversion rate stood at 29%.

The business unit achieved its strategic objective of expanding business with small and medium-sized customers, who for the first time accounted for half of total volumes on a full-year basis. This enabled the company to stabilise its yield development in the second half of 2025.

  
Air Logistics

   _{*adjusted for expenses from the cost savings programme
   **adjusted for foreign exchange effects}

Net turnover in Air Logistics amounted to CHF 7.3 billion in 2025, with recurring EBIT of CHF 454 million and a recurring conversion rate of 26%. Air freight tonnage grew 7% year-over-year to 2.2 million tonnes.

The global No. 1 position in air freight was further strengthened through outsized growth in services for cloud and data centre customers in the US, which accelerated into year-end. With the acquisition of Eastway Global Forwarding Ltd., the business unit strategically expanded its portfolio of time-critical aircraft-on-ground services.

   
Road Logistics

   _{*adjusted for expenses from the cost savings programme
   **adjusted for foreign exchange effects}

Road Logistics recorded net turnover of CHF 3.5 billion and recurring EBIT of CHF 86 million in 2025. The weak economic environment in Europe affected the groupage segment. Volume remained stable at 24 million orders.

The acquisition of Spanish logistics provider TDN expanded Kuehne+Nagel’s European groupage network, while demand for AI-supported customs services increased noticeably.

   
Contract Logistics

   _{*adjusted for expenses from the cost savings programme
   **adjusted for foreign exchange effects}

Contract Logistics generated net turnover of CHF 4.8 billion and recurring EBIT of CHF 255 million – a new record for the business unit.

New distribution centres were opened in Japan, Turkey, Vietnam and the UAE, with five additional hubs launched in important economic centres in India. Integrated logistics solutions saw particularly strong demand.

   
Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG:

"In times of seriously challenging market conditions, Kuehne+Nagel once again demonstrated its performance capabilities in 2025. While we did not enjoy any tailwind from the markets, our clear-cut strategy and here particularly the expansion of networks in markets such as North America and Asia, as well as the disciplined execution of the cost measures launched in the autumn produced good results.

With a dividend proposal of CHF 6.00 per share – a yield of 3.5%* – we enable our shareholders to participate in the company’s success again.”

_{*Compared to the closing price of the Kuehne+Nagel share on December 30, 2025.}

   
_{Annual Report 2025}

_{Further information on the annual results and the 2025 Annual Report are available on the right under “Downloads”}

Kuehne+Nagel has acquired the road logistics activities of LSL-Lohmöller Spedition und Logistik GmbH, a long-established logistics service provider in Germany offering groupage, LTL and FTL services. This marks another strategic step in strengthening the company’s road logistics network in Europe, following last year’s acquisition of TDN in Spain.

Founded in 1930, Lohmöller is a family-run freight forwarder that combines a strong heritage and a focus on digitisation. Its operational gravity centre is north-west Germany, a dynamic industrial region with substantial road freight activity. In 2024, revenue from road freight activities amounted to approximately EUR 23,5 million.

The acquisition further enhances Kuehne+Nagel’s domestic road freight network in Germany as well as its broader European footprint, with 142 logistics specialists and fifty trucks joining the established network. It also strengthens Kuehne+Nagel’s position within IDS, one of Germany’s largest groupage freight cooperations, with Lohmöller having joined IDS already earlier in 2026.

Hansjörg Rodi, Executive Vice President, Road Logistics, Kuehne+Nagel, says: “With Lohmöller, we welcome a team that shares our commitment to customer-proximity and qualitative services supported by technology and sustainability. We look forward to jointly expanding the value we deliver to our customers.”

Benedikt Lohmöller, representing Lohmöller, says: “Thanks to our long-standing partnership in the international logistics space established in 2018, both companies are well-acquainted and have developed a mutual appreciation. We are fully aligned in our commercial approach and share the same values, particularly regarding our relationships with customers and employees, which makes this collaboration an excellent fit.”

The contract logistics activities and industry-related services of Lohmöller are not part of the acquisition and will remain with the current owners. The completion of the transaction is subject to closing conditions and is expected in March.

KOKI Group, a Japan based power and air tool manufacturer, has entrusted Kuehne+Nagel as its logistics partner to strengthen and streamline its distribution capabilities across Europe. By leveraging Kuehne+Nagel's extensive expertise in managing complex logistics operations, KOKI Group aims to optimise the delivery of its cordless power tools and related products to both business and consumer markets throughout Europe.

With dedicated fulfilment centres located in Dąbrowa Górnicza, Poland, and Tessenderlo, Belgium, this collaboration allows KOKI to efficiently supply customers across 18 countries in Central, Eastern, and Western Europe with power and air tools. The two fulfilment centres, spanning 10,000 sqm, support flexible scaling of operations to meet evolving business requirements. The partnership covers a wide range of logistics services, including warehouse management, order fulfilment, distribution, customs handling, and value-added services such as co-packing.

Kuehne+Nagel has delivered a comprehensive integration of its warehouse and transport management systems with KOKI’s enterprise resource planning platform for seamless multi-country connectivity. This integrated approach ensures the flexibility and readiness needed to enter additional markets in future.

Daniel Letzgus, CPO of KOKI Group, says: “We chose Kuehne+Nagel for their expertise in complex, pan-European logistics and tailored distribution solutions. Their team showed great commitment and industry knowledge, and the professional launch in Poland and Belgium gives us confidence in a strong, long-term partnership.”

“The partnership with KOKI Group reflects a shared vision for delivering seamless, end-to-end logistics solutions that anticipate evolving market needs,” says Stephanie Kearney, Head of Contract Logistics EMEA of Kuehne+Nagel. “With our integrated systems and expert teams on the ground, we are well-positioned to support KOKI Group’s ambitious expansion, ensuring their customers benefit from reliable, agile supply chain operations throughout Europe.”

Recognising the importance of reducing emissions in international trade, Kuehne+Nagel, LATAM Cargo, and The Elite Flower have carried out their largest SAF-based operation to date in Latin America, reducing about 300 tonnes of CO₂e linked to the transportation of more than 495 tonnes of flowers (about 10 million stems). The initiative reduced CO₂e associated with exporting Colombian flowers from Bogota to Miami for Valentine’s Day, one of the floriculture industry’s most important seasons, by using Book and Claim for SAF.

“Collaborating with our partners generates and drives positive and innovative changes in important industries like perishables and air logistics, where reducing carbon emissions is essential. We are proud of the continued commitment to expand this initiative year after year and to inspire more stakeholders in Latin America and globally to continue advancing decarbonisation initiatives in our supply chains through Book and Claim methodology,” explains Ana San Carlos, Sustainability Manager for Latin America at Kuehne+Nagel.  

"This agreement stems from a shared conviction: managing emissions from the aviation industry requires multiple solutions and, above all, collaboration. Together with our customers, we have taken another step towards more sustainable aviation by applying the environmental benefits of using Sustainable Aviation Fuel (SAF) in the flower supply chain. The initiative demonstrates how reducing emissions further enhances the speed and reliability of air transport, which is key for fresh products such as flowers," said Cristina Oñate, VP of Sustainability and Product at LATAM Cargo Group. 

Alvaro Camacho, Logistics Manager at The Elite Flower, commented that during the Valentine’s season, “We export nearly 40 million stems through LATAM Cargo, an operational challenge that we undertake with a commitment to doing it in an increasingly responsible way. The incorporation of SAF into our logistics processes enables us to advance in reducing the carbon footprint of air transport, without compromising the quality or timeliness of our flower deliveries. This type of initiative reflects our contribution to a more sustainable floriculture industry, where operational efficiency and environmental care go hand in hand.” 

Kuehne+Nagel, a leading global logistics provider, has opened a new, built-to-suit 3,500 sqm Container Freight Station (CFS) in Mumbai. This facility reinforces its Sea Logistics capabilities in India and supports the country’s expanding trade ecosystem.

Located near the Jawaharlal Nehru Port Authority (JNPA), India’s largest seaport, the facility provides direct access to a key maritime gateway that handles a significant share of the country’s containerised trade.

The built-to-suit facility is designed for scalable operations, enabling efficient cargo handling and value-added logistics services. It follows strict safety and security protocols, with end-to-end surveillance, and meets global standards, including CTPAT (Customs Trade Partnership Against Terrorism), AEO (Authorised Economic Operator), and ISO (International Organization for Standardization). Sustainability is integral to the design, featuring electric material-handling equipment and solar-powered lighting to reduce environmental impact.

Anish Kumar Jha, Managing Director for Kuehne+Nagel India, Sri Lanka, and the Maldives, says: “Our new CFS enables faster, more connected operations. It helps customers move shipments efficiently and reliably today; while supporting their logistics needs as they evolve in the future.”

India is on track to become the world’s third-largest economy within this decade. With more than 70 per cent of its trade moving by sea, the demand for modern logistics infrastructure is accelerating and underscores the country’s growing influence in global commerce.

Kuehne+Nagel has signed a lease agreement with Fraport AG for a new 7,600 sqm air cargo facility in CargoCity South at Frankfurt Airport. Developed by Fraport AG, the facility marks a strategic investment in Kuehne+Nagel’s global air logistics network with the aim to strengthen air cargo connectivity across key international trade lanes. Completion and handover are set for the end of 2028. 

Frankfurt Airport is a major global cargo hub. The facility provides airside access within the secure airport zone. It supports efficient cargo movements between the terminal and aircraft parking areas, reduces aircraft turnaround time for handling, and enables seamless transfers across Kuehne+Nagel’s operations.

The layout features 16 gates and truck docks for efficient, scalable operations. It aims to improve logistics efficiency and boost flexibility to meet evolving customer and market needs. 

Additionally, the facility design aligns with Kuehne+Nagel’s sustainability commitments. It has been awarded a German Sustainable Building Council (DGNB) gold standard certification, guaranteeing it will meet strict environmental standards. Besides LED lighting, heat pumps, EV charging stations, and smart metering, a large photovoltaic system will also be installed on the roof to generate renewable energy for the airport grid.

With the new facility, Kuehne+Nagel will grow its total footprint in CargoCity South to over 20,000 sqm, confirming the company’s long-term commitment to Frankfurt Airport as a key global air cargo gateway. 

“Frankfurt is a key global gateway in the Kuehne+Nagel air logistics network. As supply chains become more dynamic, our new cargo facility provides the infrastructure, capacity, and connectivity needed to support our growth ambitions and keep goods moving. This enables us to better serve customers in fast-growing sectors like healthcare, semiconductor, high tech, and cloud infrastructure,” says Martin Schaefer, SVP Air Logistics Germany at Kuehne+Nagel. 

Kuehne+Nagel is supporting Schwalbe’s major expansion in Vietnam as the companies mark 10 years of partnership. Schwalbe’s export distribution centre will grow to nearly 20,000 sqm total capacity, strengthening its ability to meet rising global demand for bicycle tyres.

The expansion will create new employment opportunities for local talent and reinforce Vietnam’s role as a key hub for Schwalbe’s global operations, promoting long-term sustainable growth in the region.

From this location, Schwalbe products are distributed to 43 international markets, supporting customers across Europe, Asia, the Americas and Africa.

Bjoern Traemann, Managing Director of Kuehne+Nagel Vietnam, says: “We value our strong relationship with Schwalbe and look forward to the continued partnership. This expansion demonstrates how collaboration drives innovation and enables us to meet global customer demands sustainably. I would like to thank the teams from both companies for making this partnership possible.”

“We are proud to celebrate 10 years of partnership with Kuehne+Nagel. Their expertise and commitment to sustainability have been vital to our success. Looking ahead, we are confident in achieving our goals with the continued excellence of our partnership,” shares Vanessa Schulte, Schwalbe’s Head of Supply Chain Management.

Kuehne+Nagel, one of the world’s leading logistics providers, and Swiss International Air Lines (SWISS), Switzerland’s premium airline, are strengthening their strategic partnership to drive more sustainable aviation. With the signing of a Memorandum of Understanding, both companies will collaborate on sustainability projects, with a particular focus on innovative technologies to improve efficiency and reduce environmental impact.

The partnership centres on a shared commitment to sustainable aviation fuel (SAF) produced by Synhelion, a Swiss cleantech pioneer that converts sunlight into renewable synthetic fuels like solar jet fuel. To support scaling this technology, Kuehne+Nagel, SWISS, and its air freight division Swiss WorldCargo, have agreed on a long-term offtake agreement of SAF that provides Synhelion with planning security and drives innovation in the sector. This commitment provides producers such as Synhelion with the certainty needed to expand their output and advance new technologies.

Starting in 2027, Kuehne+Nagel will purchase Synhelion SAF from SWISS under a five-year agreement for its cargo shipments by Swiss WorldCargo. This reinforces its commitment to decarbonising logistics and offers customers the opportunity to reduce their CO₂ footprint.

“To meet the aviation industry’s climate targets, we must scale the production of synthetic SAF. At Kuehne+Nagel, we are taking the lead by partnering with SWISS and Synhelion to accelerate these technologies, making them economically viable,” explains Yngve Ruud, Member of the Management Board responsible for Air Logistics. “With it, we can offer our customers the opportunity to reduce their environmental footprint with this innovative technology.”

“Sustainable aviation fuels are a key building block for making air travel more sustainable. They remain scarce and costly—which is exactly why we need strong partners,” says SWISS CEO Jens Fehlinger. “We are pleased to be working with Kuehne+Nagel to implement the first commercial offtake of Synhelion’s fuel. This marks an important step forward and sends a clear signal that we intend to actively shape this path.”

Kuehne+Nagel has partnered with Chorusview Inc., a spin-off of Alphabet’s X Moonshot Factory, to build a comprehensive and globally available smart label reader network, now comprising over 100 million network-enabled devices. Kuehne+Nagel’s Road Customer Visibility platform uses these reader devices to transmit smart label and sensor data to the cloud, where artificial intelligence processes the data to deliver actionable shipment insights for customers.  

Chorusview Inc. has expanded its existing reader network, which already included WiFi access points, scanning devices, and corporate mobile applications, by integrating popular third-party mobile apps. This development strengthens Kuehne+Nagel’s item-level visibility capabilities and supports the broader adoption of printable smart label technology within logistics. 

Alireza Nemati, Global Head of Innovation for Road Logistics at Kuehne+Nagel, explains: „We have made meaningful progress toward our goal of establishing a widely accessible and seamless reader network that enables consistent data transmission across shipments. Item-level visibility is transforming the logistics of industries where accurate ETAs and condition monitoring are critical for effective resource management, customer satisfaction and business continuity. Real-time tracking and data-driven decision making also helps reduce waste and loss in areas like inventory management and returns logistics.” 

“We share Kuehne+Nagel’s commitment to making supply chains more efficient and resilient through advanced orchestration,” says Suresh Vishnubhatla, CEO of Chorusview Inc. “Expanding our reader network marks a major milestone in this journey. It’s made possible by combining our cutting-edge technology with Kuehne+Nagel’s logistics expertise and global reach. We’re excited to scale our smart label solution further and deliver value to customers worldwide.” 

Kuehne+Nagel announces its intention to acquire Eastway Global Forwarding Ltd., a leader in aerospace logistics. The acquisition complements Kuehne+Nagel's aerospace logistics offering and supports its growth ambitions in the fast-developing aerospace industry. 

With a network spanning 130 countries globally, Eastway is a family-owned company, headquartered in Limerick, Ireland. It is a trusted logistics provider in the aerospace industry. The company offers time critical aircraft-on-ground (AOG) services, aircraft engine logistics, aviation logistics & warehousing, and customs brokerage services. It also provides full lifecycle services for the aviation leasing industry. The aviation lessor industry owns over 50% of the global aviation fleet and is expected to grow in value from USD 187.1 billion in 2024 to 565.1 billion by 2034, at a CAGR of 11.8% (CAPA, Global Market Insights).  

“Eastway is a good fit for Kuehne+Nagel. The company brings with it a proven track record of success and a strong customer base,” says Yngve Ruud, Member of the Management Board, responsible for Air Logistics. “The acquisition supports our targeted bolt-on acquisition strategy by strengthening our aerospace logistics offering globally and accelerating our growth ambitions in the fast-developing aerospace industry.”  

“By partnering with the world’s leading logistics company, we are taking our family-owned business into an exciting new chapter. Through combining our deep expertise in aerospace logistics with the global reach and capabilities of Kuehne+Nagel, we can extend our footprint and deliver world-class supply chain solutions to clients across the aerospace industry.” says Frank McNamara Jnr, Managing Director of Eastway. “This partnership creates new opportunities for Eastway to enhance our service offering and explore fresh avenues for growth with our international customer base. It also opens doors for professional development within our exceptional team, the heart and driving force behind Eastway’s continued success.”  

The acquisition is subject to regulatory approvals and customary closing conditions. Completion of the transaction is expected by the end of 2025. Upon closing, Eastway will become a fully owned subsidiary of Kuehne+Nagel. 

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In the first nine months of 2025, the Kuehne+Nagel Group increased its net turnover by 3% to CHF 18.5 billion. EBIT reached CHF 1.0 billion and earnings amounted to CHF 761 million. Currency effects in Q3 2025 again weighed on EBIT by CHF 14 million. 

Kuehne+Nagel achieved market share gains, particularly in Air Logistics, through targeted investments in logistics services for cloud infrastructure and the perishables market segment. In Sea Logistics, progress was made in SME market share. The company is focusing on strategically important routes and remains confident in further expanding its market position. 

In a market environment characterised by overcapacity and yield pressure, Kuehne+Nagel generated a strong free cash flow of CHF 521 million (up CHF 209 million vs. the prior year). However, there is a need for action regarding cost development. 

Kuehne+Nagel has therefore launched a Group-wide cost reduction programme, aiming for annual savings of at least CHF 200 million including structural and sustainable measures. Productivity is to be increased in the long term through process optimisation in central functions and markets, as well as greater use of automation and shared service centres. 

Stefan Paul, CEO of Kuehne+Nagel International AG: 

“Despite very challenging market conditions, Kuehne+Nagel was able to gain market share through targeted investments in key areas. With the launch of group-wide cost reduction measures, we are now taking action to safeguard our cost base. Challenging external factors are forcing us to sustainably and permanently improve our efficiency and performance culture. Keeping high quality levels of customer service remains a top priority.” 

On August 19, 2025, Partners Group (PG) exercised its put option to sell its 24.9% ownership stake in Apex. The transaction is expected to be settled in cash during the fourth quarter of 2025, against the recognised redemption liability of CHF 886 million. The transaction will be financed through available funds and credit lines. 

Due to ongoing uncertainties and the impact of the trade war in Q4 2025, Kuehne+Nagel expects EBIT for the full year 2025 of more than CHF 1.3 billion. 

Sea Logistics

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Sea Logistics generated net turnover of CHF 7.0 billion and EBIT of CHF 479 million in the first nine months of 2025. The conversion rate was 31%. Results were significantly impacted by negative currency effects. 

Volume through the end of September 2025 rose by 1% year-on-year to 3.3 million TEU. The sharp decline in transport volumes to the US since “Liberation Day” continued to have a negative impact, particularly affecting the US business of IMC Logistics, consolidated by Kuehne+Nagel.  Imports to Europe, however, increased significantly. 

Overall, Kuehne+Nagel Sea Logistics successfully expanded its market share among SME customers, with this segment now representing more than 50% of total customer volumes. 

Air Logistics

_{*adjusted for foreign exchange effects}

Net turnover in Air Logistics was CHF 5.4 billion and EBIT CHF 322 million for the first nine months of 2025. The conversion rate was 25%. Results were also impacted by negative currency effects. Q3 2025 was challenging for the entire airfreight industry, which also affected the profitability of Kuehne+Nagel Air Logistics. 

Airfreight volume through the end of September 2025 increased by 7% year-on-year to 1.6 million tonnes, significantly above market growth. Market share gains were achieved particularly in perishables and cloud infrastructure (hyperscalers). In this area, Kuehne+Nagel provides logistics services for the construction of data centres for artificial intelligence. 

In recent months, Kuehne+Nagel has expanded its air freight network with new gateways in India, Canada, Italy and Spain. 

Road Logistics

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Net turnover in Road Logistics was CHF 2.6 billion and EBIT CHF 67 million for the first nine months of 2025. Networks remained underutilised due to weak demand in European markets.

Demand for customs clearance and consulting services in the United States remained high due to the tariff situation and increasing complexity. 

Contract Logistics

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Net turnover in Contract Logistics was CHF 3.6 billion and EBIT CHF 161 million for the first nine months of 2025.  

In September 2025, Kuehne+Nagel opened a regional distribution centre for Lego near Ho Chi Minh City, Vietnam. This site supplies growth markets in Southeast Asia, as well as Japan, India, and Oceania. It is the second regional distribution centre operated by Kuehne+Nagel for the Danish toy manufacturer. 

Kuehne+Nagel is investing in five new fulfilment centres, adding 100,000 sqm of capacity, located in Gurgaon, Kolkata, Nagpur, Mumbai and Rajpura. This expansion increased the company’s total fulfilment centre footprint in India to nearly 500,000 sqm and will generate more than 1,500 new jobs nationwide, contributing to the growth of the local economy.

India is projected to become the world’s third-largest economy by 2030, with strong growth across high-tech, automotive, consumer goods, and healthcare sectors. Rising demand in these industries is driving the need for scalable, high-performance logistics infrastructure.

The new fulfilment centres are equipped with automation technologies, including telescopic conveyors and high-performance sorting systems, enabling a 75% increase in peak order handling capacity.

The locations span tier-1 cities Mumbai and Kolkata, tier-2 hubs Gurgaon and Nagpur, and Rajpura in tier-3 — aligned with India’s multi-city industrial growth. Gurgaon and Nagpur continue to evolve as growth hubs for multiple industries, while Rajpura, is gaining traction in manufacturing and distribution.

“India is a key growth market for Kuehne+Nagel,” said Damian Raczynski, Senior Vice President, Contract Logistics, Kuehne+Nagel Asia Pacific. “We invest where our customers are — and this expansion strengthens our ability to serve high-demand sectors like consumer and healthcare with speed, reliability, and flexibility.”

Kuehne+Nagel has launched a new air logistics gateway in Bengaluru, India, underscoring its commitment to adapt quickly to shifting market conditions and evolving customer requirements while expanding its global network.

The gateway handles consolidation and deconsolidation of cargo, streamlines customs processes, and provides temperature-controlled handling to ensure reliability and efficiency. Integrated with Kuehne+Nagel’s digital platforms, including the customer booking tool myKN, it also offers real-time visibility and seamless customer experience.

Bengaluru was selected for its strong connections to major regional and international hubs such as Frankfurt, Hong Kong, Dubai and Chicago, its role as a centre for technology and trade, and its increasing relevance in cross-border logistics. The location strengthens Kuehne+Nagel’s ability to improve load efficiency, lower costs, enhance routing flexibility and manage capacity across commercial and charter networks, while remaining close to customers in one of India’s fastest-growing regions.

With direct access to trade lanes spanning Europe, Asia Pacific, the Middle East and Africa, and North America, the Bengaluru gateway will also serve high-growth sectors such as high-tech and semicon, healthcare, automotive and new mobility.

Yngve Ruud, Executive Vice President, Air Logistics, Kuehne+Nagel Group, says: “With the opening of the Bengaluru gateway, we are giving customers greater connectivity, efficiency, and resilience as part of our global Air Logistics strategy. Together with our recently inaugurated gateways in Milan, Madrid and Toronto, this development strengthens our network to better serve time-critical and high-growth industries. India’s rapid development makes it a key market, and this investment reflects both our commitment to its industries and our ambition to expand Kuehne+Nagel’s global footprint.”

Kuehne+Nagel and the LEGO Group are expanding their long-standing partnership with the opening of a new Regional Distribution Centre (RDC) in Dong Nai, Vietnam. The centre will serve as a distribution hub for products manufactured at LEGO Manufacturing Vietnam, the LEGO Group’s newest factory in Ho Chi Minh City which opened earlier this year.

At the time of its opening, the RDC will supply markets including Australia, New Zealand, Malaysia, Singapore, and Japan, with other markets including India, Indonesia and more planned to come in 2026. Kuehne+Nagel will manage end-to-end logistics operations for the RDC, including transport from the LEGO Group’s Vietnam factory and Mainland China, customs clearance, bonded warehousing, sea freight, and delivery to Local Distribution Centres (LDCs) throughout the region.

“Our new regional distribution centre in Dong Nai will play a critical role in supporting long-term growth in the region by creating a shorter and more agile supply chain,” said P.  Venkatram, Vice President, APAC-China Supply Chain Operations of the LEGO Group. “We’re grateful for our continued partnership with Kuehne+Nagel, whose strong logistics expertise helps us to bring learning through play to millions of children across the region.”

At the time of opening, the facility will cover 10,200 sqm and be equipped with bonded storage, specialised packing and value-added services. Once fully complete and operational in 2026, it will process more than 150 containers per week, have capacity for 33,000 pallets, and span 16,360 sqm, providing sufficient capacity for growth.

“Our partnership with the LEGO Group reflects a shared commitment to operational excellence and long-term sustainability,” said Bjoern Traemann, Managing Director of Kuehne+Nagel Vietnam. “Beyond managing fulfilment operations, we actively support their broader sustainability goals. This includes the use of Sustainable Marine Fuel for all global full container load shipments and the deployment of electric vehicles for last-mile deliveries. We are proud to be part of a supply chain that is built for the future.”

The Dong Nai RDC is LEED Gold-certified and features solar panels and smart energy meters to optimise energy consumption and reduce emissions. The RDC is the LEGO Group’s fifth worldwide and second in Asia Pacific, joining an existing centre in Shanghai, China. It follows the opening of a new RDC in Tessenderlo, Belgium, last year, which is also operated by Kuehne+Nagel and serves the European customers.

The Board of Directors of Kuehne+Nagel International AG appoints two new members to its Management Board. Effective October 1, 2025, Eduardo Razuck will assume responsibility for the business unit Contract Logistics, succeeding Gianfranco Sgro. As of May 1, 2026, Søren Schmidt will take over from Dr. Hansjörg Rodi and will be responsible for the Road Logistics business unit. 

With Søren Schmidt (Danish citizen, born in 1972), Kuehne+Nagel gains a recognised expert in the field of global road logistics. Following a successful 30-year career at DSV A/S, including around ten years as CEO of the Road Logistics division, Schmidt is regarded as one of the most distinguished leaders in this sector worldwide. Dr. Hansjörg Rodi has decided to retire in summer 2026 as part of his personal plans.

Eduardo Razuck (dual Italian and Brazilian citizen, born in 1979) brings extensive international leadership experience. He has held various senior positions at Kuehne+Nagel since 2003. Over the past three years, he has been responsible for the Contract Logistics business in North and South America and has served as a member of the global leadership team for Contract Logistics. His appointment ensures continuity in the leadership of the business unit. From 2015 to 2022, Eduardo Razuck led Kuehne+Nagel’s country operations in Brazil. Gianfranco Sgro has decided to pursue a new professional challenge as CEO of a company in the mobility sector after more than a decade at Kuehne+Nagel.

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG, comments: “With the appointment of Søren Schmidt, Kuehne+Nagel welcomes an outstanding figure in the logistics industry. At the same time, the appointment of Eduardo Razuck reflects the successful development of strong leadership talent within Kuehne+Nagel. Both Søren and Eduardo bring extensive expertise and many years of successful experience to our Management Board. We are confident that they will continue to drive the company’s positive development.”

“On behalf of the Board of Directors, I would already like to extend my sincere thanks to Dr. Hansjörg Rodi and Gianfranco Sgro for their many years of dedicated and successful service on the Management Board of Kuehne+Nagel.” 

Kuehne+Nagel collaborates with MTU Maintenance Lease Services (MLS) on a new fulfilment centre in Zhuhai, China, to support the coordination of aero engine parts supply. This strategic facility strengthens the long-standing partnership between the two companies and is key to enhancing MLS’ global logistics operations.  

MLS specialises in the leasing and asset management of commercial aero engines and is a subsidiary of MTU Aero Engines, which is a globally recognised high-tech expert in the development, production, and maintenance of engines and engine components.

The MLS fulfilment centre is strategically located in Zhuhai, within the Guangdong–Hong Kong–Macao Greater Bay Area (GBA), and supports its material supply in the region. The fulfilment centre complements MLS’ existing parts hubs in the Netherlands and the United States, forming a globally integrated logistics network that ensures fast and reliable access to critical components.

Operated by Kuehne+Nagel, the facility is built to the highest standards of speed, compliance, and reliability. It features bonded storage and offers same-day or 24-hour despatch, 365 days a year, ensuring uninterrupted support for urgent line-replaceable-unit (LRU) requirements and time-critical operations, including aircraft-on-ground (AOG) situations.

“MLS operates in a highly dynamic and time-sensitive environment, and we are proud to provide the logistics expertise that supports their global operations and responsiveness,” said Damian Raczynski, Head of Contract Logistics, Kuehne+Nagel Asia Pacific.

“With fulfilment centres strategically located around the globe, we are uniquely positioned to respond swiftly to customer needs, no matter where they are,” says Patrick Biebel, Managing Director of MLS: “The Zhuhai facility exemplifies our commitment to providing rapid and reliable access to essential engine parts, which minimises operational downtime and ensures efficient support for our customers within China and the APAC region.”

This partnership also reflects Kuehne+Nagel’s continued commitment to the aerospace sector, offering scalable, end-to-end logistics solutions that combine global reach with local execution.

Kuehne+Nagel expands its collaboration with ABB in Chile, a global leader in electrification and automation technologies. The new agreement covers solutions for Contract Logistics, including last-mile transportation and fulfilment operations.

With a global partnership spanning over 30 years, ABB and Kuehne+Nagel have also collaborated in Chile for more than a decade, particularly in air logistics, supporting ABB’s divisions with import services from Europe and the U.S.

Under the new agreement, Kuehne+Nagel supports ABB with logistics services across its three business units: Electrification, Motion, and Process Automation. A cross-docking service has also been implemented in coordination with the air logistics team, enabling efficient process integration.

Kuehne+Nagel’s multi-customer distribution center is located in Santiago. The modern facility, inaugurated in 2024, meets the highest (AAA) logistics standards, including state-of-the-art security systems. Approximately 300 orders are processed monthly for over 120 recipients throughout Chile.

According to Javier Ansó, Head of Contract Logistics at Kuehne+Nagel Chile, “This expansion of our cooperation with ABB reflects our shared commitment to increasingly sustainable and efficient logistics, aligned with the evolving industry challenges in Chile. We are proud to support the development of ABB’s national operations.”

For Martín Castellucci, Country Holding Officer de ABB in Chile and Peru: "Having a strategic partner in our logistics operations allows us to move toward a more agile, secure, and efficient distribution network, with a clear focus on sustainability, which is a fundamental pillar for our company.”

Sustainability is a key pillar of this partnership. Both companies are driving initiatives to reduce the environmental impact of their joint operations. Kuehne+Nagel has deployed an electric fleet dedicated to ABB’s operations, significantly reducing the carbon footprint. The companies aim for a 15% reduction in energy consumption through ongoing energy efficiency projects, including the planned installation of photovoltaic panels in 2026. A waste management plan aims for a 90% reduction in landfill-bound waste, with the medium-term goal of achieving zero-waste operations.

_{*adjusted for foreign exchange effects}

The Kuehne+Nagel Group achieved solid operational performance in the first half of 2025, despite a wide range of external challenges. Net turnover increased by 8% year-over-year to CHF 12.5 billion, or by 12% when adjusted for foreign exchange effects. EBIT totaled CHF 744 million, and earnings was CHF 555 million. Volumes increased significantly, particularly in Air Logistics. 

Profits in H1 2025 were impacted by negative currency effects of 3% (CHF 24 million) and by one-off expenses in Contract Logistics of CHF 16 million (recorded in Q2). 

The strongest currency headwinds occurred in Sea Logistics – as it is a US Dollar-based business – followed by Air Logistics and the other business units. 

Underlying earnings assessments and expectations for 2025 are unchanged. In light of currency headwinds alone, Kuehne+Nagel now expects a recurring EBIT between CHF 1.45 billion and CHF 1.65 billion.

Stefan Paul, CEO of Kuehne+Nagel International AG: 

“Our solid operational performance in the first half of 2025 once again demonstrated our resilience in a challenging market environment. The push of our strategic sales initiatives is proving to be highly effective. In Sea Logistics, we increased volumes by 2%, and in Air Logistics by 7% – that’s well above overall market growth. With these measures, we have laid the foundation to gain further market share, particularly in Sea and Air Logistics.”

Sea Logistics

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Net turnover in the business unit Sea Logistics rose by 16% year-over-year in the first half of 2025, reaching CHF 4.7 billion. EBIT amounted to CHF 368 million, significantly impacted by negative foreign exchange effects. The conversion rate was 34%. In the first half of 2025, container volume increased by 2% year-over-year to 2.1 million TEU. Notably, Kuehne+Nagel recorded substantial market share gains on the trade route from Asia to Europe. 

“Liberation Day” marked a turning point in Q2 2025. Following this, the US Dollar entered a pronounced weakening phase and uncertainty around tariffs increased sharply. Demand and rates for Sea Logistics services were correspondingly volatile. In this environment, Kuehne+Nagel successfully offset declining volumes to and from the US with gains in other markets.

Air Logistics

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Net turnover in the business unit Air Logistics increased by 8% year-on-year in the first half of 2025 to CHF 3.6 billion. EBIT increased at a faster pace rising by 10% to CHF 230 million. The conversion rate was 26%. In the first half of 2025, air freight volumes increased by 7% year-over-year to 1.1 million tonnes. 

The Air Logistics business unit achieved particularly strong growth in the segments of perishables, semiconductors, and cloud infrastructure (hyper scalers), a promising field that Kuehne+Nagel is actively pursuing.

Road Logistics

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Net turnover in the business unit Road Logistics was CHF 1.8 billion in the first half of 2025 with EBIT of CHF 47 million. The road network remained underutilised due to subdued demand in European markets.

With the acquisition of Spanish groupage logistics provider TDN, Kuehne+Nagel further strengthened its presence on the Iberian Peninsula and significantly expanded regional coverage for customers. The transaction was completed at the end of the second quarter of 2025.

Contract Logistics

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Net turnover in the business unit Contract Logistics was CHF 2.4 billion in the first half of 2025 with EBIT at CHF 99 million. The result was impacted by an extraordinary provision of CHF 16 million related to an ongoing cross-industry investigation in Italy. Operationally, the second quarter of 2025 was the strongest in the history of the business unit. 

In June 2025, Contract Logistics expanded its long-standing partnership with Louis Vuitton and opened a new distribution centre in Tokyo to serve the Japanese market. 

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG: 

“In the first half of 2025, Kuehne+Nagel once again delivered a strong operating performance in an environment marked by geopolitical uncertainty. Turnover growth clearly outpaced the market average, confirming the company’s strategic direction. Kuehne+Nagel is well on track to further strengthen its market position.”

Kuehne+Nagel strengthens its collaboration with Airbus through the renewal of an agreement for the logistics of production and storage sites across Spain. In addition, the partnership expands for the first time to helicopter maintenance, repair, and overhaul (MRO) activities.

The operations cover in-plant logistics, inter-site transport services, warehouse-to-line deliveries, supply fulfilment centre operations, and spare parts management. Over 900 employees of Kuehne+Nagel are operating from 16 sites distributed across Albacete, Cádiz, Madrid, Sevilla, Toledo, and Zaragoza.

Kuehne+Nagel has invested in technologies enhancing operational efficiency and traceability, starting with a proprietary warehouse management system, robotics, a small-part element control system using RFID (Radio Frequency Identification), and IoT (Internet of Things) applications. Sustainability is also a key focus, with initiatives in place to reduce cardboard and plastic usage across the supply chain.

“We are honoured to continue supporting Airbus with tailored logistics solutions that integrate digital innovation, operational efficiency, and a commitment to sustainability,” stated Álvaro Nebreda, National Contract Logistics Manager, Spain. “This collaboration underscores our dedication to the aerospace sector and highlights our adaptability to meet the evolving demands of our customers.”

Marcus Claesson, a Swedish national born in 1971, brings over 25 years of experience in international IT leadership roles. Since 2019, he has served as Chief Information Officer (CIO) at DAX-listed Daimler Truck AG in Stuttgart, Germany. Prior to that, he was responsible for IT Commercial Vehicles at Daimler AG, also in Stuttgart. In 2007, Claesson joined Electrolux in Stockholm, Sweden. From 2010 to 2016, he held the role of CIO of Electrolux AB and CEO of Electrolux IT Solutions AB. From 1997 to 2007, he worked at Linde AG in Munich and Wiesbaden, Germany. Claesson has a degree in Computer Science from University of Borås, Sweden.

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG, comments: “Kuehne+Nagel stands for strong information technology expertise and is driving digitalisation in logistics. Information technology enhances transparency and efficiency and helps optimise services for our customers. We are pleased to welcome Marcus Claesson, a proven IT executive, to the Management Board. We would also like to take this opportunity to thank Martin Kolbe for his outstanding work. He has been instrumental in advancing the development of our IT systems and digitalisation efforts.”

Advancing the strategic objectives of their 2023 Memorandum of Understanding (MoU) focused on value chain optimisation and sustainability, Kuehne+Nagel and SATS Ltd. have introduced an expedited delivery service for urgent aircraft parts in Singapore. The two companies are also expanding their partnership to strengthen resilience and enhance efficiency in global air cargo logistics supply chains.

Time-critical shipments

SATS Ltd. and Sterling, a Kuehne+Nagel company, have launched the new solution at Singapore Changi Airport to address aircraft-on-ground (AOG) emergencies - critical situations where aircraft are grounded due to technical or mechanical issues. These disruptions can result in significant operational and financial impacts, making quick access to spare parts a high priority for the aviation industry. The new solution reduces delivery times and provides enhanced real-time shipment visibility, enabling faster return to service.

Sea-Air multi-modal services

The companies launched Sea-Air logistics in Los Angeles and Singapore hubs which offers faster connectivity, reducing transit time, costs, and carbon emissions by streamlining shipment handling directly from port to airside facilities. 

Trucking & warehouse efficiency

Worldwide Flight Services (WFS), a SATS company, and Kuehne+Nagel have successfully launched a service at Frankfurt Airport to accelerate import cargo clearances. The initiative aims to optimise operational capacity and reduce delays by streamlining cargo pick-up and delivery by truck, ensuring customers’ requests are fulfilled immediately.

Further joint projects are planned at Frankfurt Airport to improve airfreight processes at the hub.

“Our partnership with SATS proved vital during the Red Sea crisis, supporting our Sea-Air solutions to mitigate disruptions to our customers’ supply chains,” says Yngve Ruud, EVP Air Logistics at Kuehne+Nagel. “We’re excited to expand this collaboration with SATS to enhance value in supply chains through trucking, warehousing, and time-critical shipment solutions.” 

Concurring, Francois Mirallie, Deputy CEO Gateway Services Global, SATS Ltd., said, “This expanded collaboration with Kuehne+Nagel underscores our shared commitment to building smarter, more resilient global supply chains. By combining SATS’ deep expertise in air cargo handling with Kuehne+Nagel’s global logistics network, we are accelerating innovation across critical touch points. Together, we are delivering agile, customer-centric solutions that meet the evolving needs of our ecosystem partners.”

The companies said they are committed to expanding their global collaboration to include solutions for the healthcare and aerospace sectors. 

Kuehne+Nagel, a global logistics company, and Milence, a company building Europe’s largest public charging network for trucks, come together to demonstrate the viability of electric road freight. Shifting the focus on the possibilities rather than the limitations of electric trucks is crucial to engage more stakeholders in investing in this technology and accelerating electrification globally.

Kuehne+Nagel’s new electric heavy goods vehicles seamlessly integrate into operations as they collect loads from the Able Humber Port (AHP) thanks to Milence’s first UK charging hub located in Immingham. With high-performance 400 kW CCS chargers, charging currently takes around 1 to 2,5 hours for a full charge, and a MegaWatt charger will be added in the near future reducing the time to 30-45 minutes (depending on battery size, vehicle specifications and truck type). Kuehne+Nagel and Milence also advance their shared ambition to accelerate fleet electrification by exchanging operational information to, for example, determine strategic locations for charging hubs.

Both companies also partner with policymakers to support electrification efforts. As a member of eFREIGHT 2030, part of the UK Government’s ‘Zero Emission HGV and Infrastructure Demonstrator Programme’, Kuehne+Nagel has been feeding back real-world data and learnings since the electric heavy-duty trucks arrived earlier this year. For example, about driver’s experiences, key telematics data, and total cost of ownership. This helps tackle the hurdles that electric trucks still face and increase confidence in the technology.

Affordable and accessible public charging infrastructure remains crucial for accelerating the shift to electric heavy-duty trucking. Kate Broome, Sustainability and Social Impact Director at Kuehne+Nagel UK, says: “Alongside supportive measures to scale depot charging - such as faster access to grid connections and enabling policy measures - we also need high-performance, reliable and cost-effective public charging hubs. We’re proud to be among the early adopters using Milence’s hub, proving that electric heavy trucks are not just the future - they’re already here.”

Roel Vissers, CCO at Milence said: “Electric road transport is no longer a future ambition—it’s happening now. With over 20 operational hubs across Europe, our first green corridors are emerging and the shift to sustainable logistics is gaining momentum. To scale this transformation, utilisation is key. At Milence, we collaborate closely with key stakeholders across the transport sector. Partnerships with pioneers like Kuehne+Nagel are essential to shaping the infrastructure and services our industry needs. Our hubs are designed as safe, comfortable charging stops that support both drivers and fleets on their electric journeys. The transition won’t happen overnight—but by working together, we’re moving closer to a road transport system that is not only sustainable but also economically viable.”

Shirley Sharma Paterson, an American citizen, joins Kuehne+Nagel with over 25 years of global experience in the supply chain industry. She has held several senior leadership roles, most recently serving as the Head of Schenker’s Flagship Partner Customer Engagement Program and Senior Vice President, Global Vertical Market Technology at DB Schenker. 

“We warmly welcome Shirley Sharma Paterson to Kuehne+Nagel. Her extensive customer network in the global supply chain industry will be invaluable as we continue to strengthen our global sales organisation to deliver the best-in-class, customer focused supply chain solutions,” says Stefan Paul, CEO of Kuehne+Nagel International AG. 

Kuehne+Nagel, one of the world’s leading logistics providers, and Natilus, an aerospace manufacturer of blended-wing-body aircraft, today announced a strategic partnership to study the environmental, economic, and operational impact of integrating Natilus’s hyper-efficient blended-wing-body aircraft into commercial air logistics operations.

Leveraging its knowledge of the air logistics industry, Kuehne+Nagel will collaborate with Natilus to explore the operational feasibility of implementing its aircraft within the industry, focusing on route modelling, environmental impact assessment, operational cost analysis, and engagement with the aviation industry.

The first to commercialise blended-wing-body design, Natilus is developing a family of aircraft designed to unlock improved aviation economics by reducing fuel consumption by 30% while increasing payload capability by 40%. Together, the companies will assess how blended-wing-body aircraft will operate within existing fleets to improve logistics efficiency, enhance service offerings, and reduce carbon emissions in freight forwarding.

Kuehne+Nagel is actively exploring opportunities to implement more sustainable business practices for their customers. The logistics partner for 400,000 customers worldwide, Kuehne+Nagel is pursuing innovations, such as looking into new airframe designs to reduce the environmental as well as the economic impact of air freight.

“At Kuehne+Nagel, we have consistently led the way in making air freight logistics more sustainable and this collaboration with Natilus is another example of how we continue to explore new technologies for more environmentally friendly and cost-effective air cargo solutions,” said Holger Ketz, SVP Network and Carrier Management Air Logistics at Kuehne+Nagel.

Committed to delivering a comprehensive assessment of the potential CO2e emissions saved, Kuehne+Nagel and Natilus will partner with select air freight carriers to demonstrate benefits of complementing existing fleets with blended-wing-body aircraft.

"Our partnership with Kuehne+Nagel is a meaningful step in helping the industry better understand the powerful advantages of blended-wing-body aircraft, which will become a blueprint for other logistics companies over the next decade,” said Aleksey Matyushev, Co-Founder and CEO at Natilus. “We look forward to collaborating with Kuehne+Nagel and integrating our family of blended-wing-body aircraft into its world-class global logistics network to redefine efficiency and sustainability in freight.”

Kuehne+Nagel has entered into an agreement to acquire TDN (Transporte y Distribución Nacional), a well-established Spanish road logistics services provider headquartered in Madrid. This strategic move significantly strengthens Kuehne+Nagel's European groupage network. 

TDN has over 600 employees and handled more than one million shipments in 2024. With 45 terminals and a fleet of over 700 vehicles within their partner network, TDN serves more than 200 daily routes linking the entirety of Spain as well as the Balearics, the Canaries and Portugal. 

“TDN is a local champion with a comprehensive road groupage network in Spain. Combined with our existing network, we will be better equipped to serve our European customers with competitive lead times and an increased frequency of departures to and from the Iberian Peninsula,” says Hansjörg Rodi, Executive Vice President, Road Logistics, Kuehne+Nagel. “This aligns with our strategic growth initiatives and adds value to our existing business.”  

Susana Fernández Paradela, President of TDN, adds, “Both TDN and Kuehne+Nagel are strongly committed to entrepreneurship and service excellence, and our road freight networks are highly complementary. With this great cultural and operational fit, we look forward to serving our customer base with more comprehensive logistics solutions and create new opportunities for career growth for our colleagues.” 

Completion of the transaction is expected within the coming weeks. The transaction is subject to customary closing conditions, including the approval of the competent merger control authorities. Upon completion, it will be immediately earnings accretive and fully complementary to Kuehne+Nagel’s existing Road Logistics business. TDN will be fully integrated with Kuehne+Nagel to combine both company’s strengths, streamline operations, and deliver enhanced value to customers. The priority will be to retain and leverage the talents across both companies to ensure a seamless transition and future success.​

Kuehne+Nagel has signed a lead logistics provider (LLP) service agreement with Evonik, a global leader in specialty chemicals based in Germany. The collaboration aims to enhance Evonik’s operational excellence and support the implementation of a comprehensive transport management strategy across Asia-Pacific.

As the LLP for Evonik in this key market, Kuehne+Nagel will manage air, sea, and road transportation across Mainland China, Taiwan, Singapore, South Korea, Japan, New Zealand, Australia, India and South East Asia. With a mandate to handle approximately 70,000 shipments annually, Kuehne+Nagel will leverage its advanced technology solutions and extensive global network to drive efficiency and reduce costs throughout Evonik's supply chain.

The collaboration is designed to integrate Evonik’s existing system, enabling standardised and digitised logistics processes while providing real-time visibility for orders and shipments. By implementing a robust transport management strategy, Kuehne+Nagel aims to drive savings on Evonik's transportation expenditure while enhancing overall operational excellence.

 “We are excited to collaborate with Kuehne+Nagel. This partnership will not only streamline our logistics processes but also support our ambitious goals in transport management to cater to the growing market demands,” says Xia Fuliang, President of Greater China, Evonik.

 “This marks the beginning of a transformative journey for Evonik’s supply chain operations in Asia-Pacific. We are honoured to take on the lead logistics provider role and ensure we meet their targets for operational efficiency and cost optimisation,” says Alan Ni, Managing Director of Greater China, Kuehne+Nagel.

To lead the way to a more sustainable future, Kuehne+Nagel announces the launch of its carrier engagement sustainability programme. As part of the programme, Kuehne+Nagel has signed individual Memoranda of Understanding (MoU) agreements with fourteen global airline carriers to advance sustainability initiatives and innovations around the world. This first-of-its-kind collaboration in the air logistics industry aims to reduce the environmental impact of airfreight transportation for customers. 

Kuehne+Nagel has signed individual MoUs with American Airlines, Air Canada, Air France Cargo and KLM Cargo, Atlas Air, Azul, Cargolux, Cathay Cargo, Delta Air Lines, LATAM Airlines Group S.A., Lufthansa Cargo, Swiss International Air Lines, Turkish Airlines, and United Airlines. 

By signing individual MOUs with airlines on four continents, Kuehne+Nagel is expanding its geographical reach for sustainability collaboration. The collaboration will focus on several key areas to achieve its sustainability goals: 

• Sustainable aviation fuel (SAF) use and decarbonisation: Sourcing and promoting the use of sustainable aviation fuels (SAF) as well as other optimisation measures to reduce the carbon footprint. SAF, which is derived from renewable resources, can reduce lifecycle CO2 emissions by an average of 80% compared to conventional jet fuel. 
• Transparency and impact tracking: Regular exchanges of data and information between Kuehne+Nagel and each airline to improve the understanding and quality of emissions, track the progress of reductions, and track the impact of the carrier engagement programme overall beyond carbon emissions. 
• Holistic sustainability approach: Expanding efforts to address broader sustainability challenges. 

Fabiano Piccinno, Air Logistics Global Head of Sustainability at Kuehne+Nagel, comments: “As an asset-light company, it is crucial for us to collaborate with our carriers to reach our ambitious science-based targets while also sending a clear signal. The signing of these MoUs represents a milestone for the industry and marks our joint commitment to supporting a sustainable future. We are very excited about the new initiatives that will emerge out of this, ultimately, benefiting our customers.” 

The current individually signed MoUs are with carriers that cover approximately 50% of Kuehne+Nagel’s emissions from air freight (based on emissions for full year 2024). The company aims to continue expanding its carrier sustainability engagement with major carrier partners to increase the amount of emissions covered.

At today's Annual General Meeting of Kuehne+Nagel International AG, all proposals were approved by a large majority. Shareholders present at the meeting represented 80.27% of the issued shares. 

The shareholders approved among others the status report, the financial statements, the consolidated financial statements, the annual financial statements for the 2024 business year as well as the distribution of a gross dividend of CHF 8.25 per registered share. 

All persons proposed for re-election were confirmed for another term of office. Tobias Staehelin was newly elected to the Nomination and Compensation Committee. Dr. Joerg Wolle was confirmed as Chairman of the Board of Directors for another term of office. 

In the ordinary course of financing, Kuehne+Nagel International AG today issued two bonds. The proceeds of both bonds will be used for the refinancing of existing indebtedness and general corporate purposes.

The first bond has a fixed coupon of 0.6848% and a tenor of three years six months, maturing on November 13, 2028. The second bond has a fixed coupon of 0.9823% and a tenor of six years six months, maturing on November 13, 2031.

“With these issued bonds, Kuehne+Nagel benefits from attractive interest rates and keeps an optimised financing structure. This also allows Kuehne+Nagel to stay present in the Swiss capital market, which enhances our strategic flexibility,” says Markus Blanka-Graff, CFO of Kuehne+Nagel International AG.

The Kuehne+Nagel Group saw improvement in all key financial figures in the first quarter of 2025. Net turnover grew by 15% year-over-year to CHF 6.3 billion, EBIT increased by 7% to CHF 402 million, and earnings rose by 9% to CHF 303 million.

Stefan Paul, CEO of Kuehne+Nagel International AG:

“Kuehne+Nagel has had a strong start in the new financial year. We increased our market share, gained new customers, and also improved profitability. Despite the challenging global economic environment, the company achieved double-digit growth in net turnover. We remain well prepared and positioned to implement our strategic objectives.“ 

At this time, we will not update the Group recurring EBIT guidance for the current year (CHF 1.5 billion to CHF 1.75 billion), in light of the elevated and fluctuating level of market uncertainty, including global tariff developments.

Sea Logistics

Net turnover in the business unit Sea Logistics rose by 30% year-over-year in the first quarter of 2025, reaching CHF 2.5 billion. EBIT rose to CHF 210 million. The conversion rate was 36%. The container volume at the end of March 2025 was 1 million TEU, 3% more than a year earlier. 

The first-time consolidation of US-based IMC Logistics took place in January 2025 and has been earnings-accretive from the start.

Air Logistics

Net turnover in the business unit Air Logistics in the first quarter of 2025 rose by 13% to CHF 1.8 billion and EBIT by 23% to CHF 116 million. The conversion rate was 26%. The unit handled 514,000 tonnes of freight in the first quarter of 2025, 5% more than in the year-ago quarter. 

Excluding the automotive sector, the business unit gained market share across all industries and particularly in semiconductors. New cool corridors for healthcare were opened between Brussels and Chicago as well as between Brussels and Singapore.

Road Logistics

Net turnover in the business unit Road Logistics totaled CHF 871 million in the first quarter of 2025 with EBIT of CHF 19 million. 

The general cargo business declined compared with the previous year due to weak demand in European markets. It is not expected that the market situation will change anytime soon.

Contract Logistics

Net turnover in the business unit Contract Logistics totaled CHF 1.2 billion in the first quarter of 2025 with EBIT rising to CHF 57 million. 

The business unit remains on a growth trajectory. It opened new fulfilment centers for Sanofi in Turkey and for Rolls Royce in Dubai.

Kuehne+Nagel and Orange, a leading worldwide telecommunications operator, extend their partnership another three years for e-commerce operations of communication hardware in France, Poland and in the African markets.

Kuehne+Nagel successfully supports Orange in a growing market for mobile telephony and Internet access. Since 2004, the logistics activities in a dedicated fulfilment centre in the Paris area have grown continuously. The highly secured facility of 22,119 sqm employs 150 people. Kuehne+Nagel oversees storage, order fulfilment, shipping, returns, and after-sales service for Orange’s mobile phones, accessories, and internet devices.

In recent years, new technologies have been used to minimise the environmental impact and optimise resources, e.g. through innovative packaging solutions that ensure customised cartons, optimised volume and less empty space.

Lionel Benezech, Supply Chain Director France at Orange, says: “We continue to place our trust in Kuehne+Nagel for their reliability and agility. Thanks to their support, we have been able to handle significantly increased volumes and reduce delivery times, two key challenges for our e-commerce business.”

“We are proud of continuing our partnership with Orange. Listening, adaptability, and confidence are the foundation of our collaboration. Over time, we have been able to improve our logistics efficiency, serving the end consumer experience. We will continue to innovate and strive for excellence” adds, Christophe Vandrome, National Contract Logistics Manager at Kuehne+Nagel France.

Kuehne+Nagel and Changan Automobile, a leading Chinese car manufacturer, signed a memorandum of understanding to develop aftermarket logistics for electric vehicle models across the European market, including the United Kingdom, Germany, the Netherlands, Italy, Spain, and France.

The Chinese brand benefits from Kuehne+Nagel's expertise in spare part logistics, especially through its automotive campus located in Helmond, the Netherlands, a 22,000 sqm multi-customer site, strategically located for distribution in Europe.

The partnership also addresses other aspects of electric vehicles such as battery logistics and end-of-life solutions.

"We are proud to start this collaboration with Kuehne+Nagel, which will enhance our supply chain capabilities and ensure efficient distribution across Europe. This aligns with our Vast Ocean Plan strategy, which is committed to global growth and excellence," says Yin Yi, managing director, Europe business unit at Changan Automobile.

"With our extensive expertise in automotive logistics and strategically located facilities in Europe, we can deliver reliable supply chain solutions to support Changan Automobile's ambitious growth plans," adds Gianfranco Sgro, Executive Vice President Contract Logistics and Integrated Logistics at Kuehne+Nagel International AG. “Our network and experience provide a strong foundation for helping emerging brands from China and Asia expand into new markets.”

At today’s Capital Markets Day in London, Kuehne+Nagel will provide an update on the implementation of the Roadmap 2026 and present its updated strategy, announce Group EBIT guidance, and share its long-term growth ambitions and its clarified capital allocation policy. 

The Chairman of the Board of Directors of Kuehne+Nagel Dr. Joerg Wolle, the CEO Stefan Paul, and CFO Markus Blanka-Graff are present. Together with other members of the Executive Management and Investor Relations team, they will also present updates on development of major industry trends. 

The full presentation, which includes the updated strategy, financial outlook and capital allocation policy with a more transparent and timely information and guidance, is available at https://home.kuehne-nagel.com/en/-/company/investor-relations/capital-markets-day-2025. A live webcast of the event will be available under the same link. A replay will be available once the event has concluded.

The Kuehne+Nagel Group generated net turnover of CHF 24.8 billion in 2024, an increase of 4% year-on-year. The EBIT amounted to CHF 1.7 billion with earnings of CHF 1.2 billion. The conversion rate, which describes the ratio of EBIT to the Group's gross profit, was 19%. These 2024 results once again significantly exceeded the comparable figures from before the pandemic.

Stefan Paul, CEO of Kuehne+Nagel International AG:

“The streamlining of Kuehne+Nagel's organisational and sales structure in April 2024 already yielded visible successes in the second half of the year. In addition, we enabled new growth opportunities through acquisitions in North America and Asia. In short, we have created a more efficient organisation with a broader offering to achieve our future ambitions. Kuehne+Nagel will report on strategic progress and provide a financial outlook at the upcoming Capital Markets Day on March 25, 2025.”

Sea Logistics

Net turnover in the business unit Sea Logistics rose to CHF 9.3 billion in 2024 with EBIT of CHF 851 million. The container volume through December 2024 was 4.3 million TEU. The conversion rate remained high at 41%.

Kuehne+Nagel strengthened its presence in the United States with the acquisition of 51% of IMC Logistics from Collierville, Tennessee. IMC, which handles about 2.2 million TEU annually, specialises in comprehensive end-to-end transportation solutions between seaports, rail hubs, and customer facilities within the United States. The transaction was announced in November 2024.

Air Logistics

Net turnover in the business unit Air Logistics in 2024 increased to CHF 7.3 billion with EBIT of CHF 478 million. The unit handled 2.1 million tonnes of freight in 2024, 6% more than in the previous year. The conversion rate was 27%.

Kuehne+Nagel Air Logistics once again proved its resilience in challenging markets, thanks to its broad positioning, especially in the perishables, pharma, semiconductors and aerospace sectors.  

Road Logistics

Net turnover in the business unit Road Logistics totaled CHF 3.5 billion in 2024 with EBIT of 98 million. The volume totaled nearly 24 million orders, but the weak economic development in Europe affected the general cargo business.

The acquisitions of the customs broker Farrow in Canada and the road logistics provider City Zone Express in South East Asia expanded Kuehne+Nagel's Road Logistics service offering and contributed to growth.

Contract Logistics

Net turnover in the business unit Contract Logistics totaled CHF 4.7 billion in 2024 with a record-high EBIT of CHF 227 million.

In September 2024, Kuehne+Nagel opened a highly automated fulfilment centre for Adidas in Mantova, Italy. The 130,000 sqm facility serves Southern and Eastern Europe with up to 500,000 daily shipments, from single e-commerce parcels to bulk orders for large retailers. 

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG:

“Kuehne+Nagel looks back at a successful financial year 2024. We achieved the positive results despite extensive strains on the global economy and despite geopolitical events. In these challenging times, Kuehne+Nagel once again proved to be a reliable strategic partner, supporting its customers with sophisticated logistics solutions.

We would like our shareholders to participate in the company's success by proposing an ordinary dividend of CHF 8.25 per share for the 2024 financial year, corresponding to a dividend yield of 4.0%**.

Kuehne+Nagel has started well into the new financial year. We are confident that the positive development will continue in 2025."

Annual Report 2024

Further information on the annual results and the 2024 Annual Report are available on the Kuehne+Nagel website at newsroom.kuehne-nagel.com   

_{^{*Proposal to the Annual General Meeting on May 7, 2025
**Compared to the closing price of the Kuehne+Nagel share on December 31, 2024.}}

Kuehne+Nagel renews its strategic collaboration with Acer Europe to decarbonise sea shipments by using biofuel. So far, this partnership, now in its third year, has reduced emissions by 475 tons. It highlights both companies’ commitment to environmental sustainability.  

In addition to supporting Acer’s reduction efforts with its certified Book and Claim solution for maritime biofuel, Kuehne+Nagel also provides advanced data-driven insights from seaexplorer as well as order-level emissions reporting. Acer’s SBTi targets include a commitment to reduce absolute Scope 3 emissions by 35% by 2030 (compared to 2020), underscoring the critical role of their transport partner to achieve that goal. 

“We are proud to work with Kuehne+Nagel, a reliable and trustworthy partner, in our goal to reduce carbon emissions from our logistics operations. A few years ago, we started several joint carbon-reduction initiatives, and the results are improving year over year,” says Riccardo Bernasconi, Acer EMEA Supply Chain Director. 

"Acer's inclusive approach to sustainability looks far ahead and focuses on shared responsibility. We are proud to contribute to their efforts and are looking forward to introducing new carbon-reducing initiatives this year focused on distribution processes," says Ave Crotti, Sustainability Manager Italy and Iberia at Kuehne+Nagel. 

Schaeffler Vehicle Lifetime Solutions Asia Pacific has selected Kuehne+Nagel to manage its Central Logistics Center in Thailand. This 3,000sqm assembly and packaging facility, strategically located in the Si Racha free zone district is situated close to the Schaeffler manufacturing plant in Chonburi. This Central Logistics Center will handle operational activities including kitting, goods receiving, and shipping. It is designed to optimise logistics processes and increase delivery capacity, ensuring consistently high delivery service levels for the customers of Schaeffler Vehicle Lifetime Solutions division across Asia Pacific.

Micah Shepard, President of Schaeffler Vehicle Lifetime Solutions Asia Pacific, states: “This Central Logistics Center will serve as a key supply hub for the Asia Pacific region.  With Kuehne+Nagel as our experienced and reliable logistics partner, our goal is to improve the accessibility and efficiency of spare parts distribution by increasing our focus on innovation, progress, and customer orientation.”

“Our long-term partnership with Schaeffler has grown over the years thanks to our shared commitment and collaborative spirit. Together, we have achieved remarkable progress and will continue to build on this solid foundation, embracing the opportunities ahead,” says David Roussiere, Managing Director of Kuehne+Nagel Thailand, Cambodia and Myanmar.

As part of its Roadmap 2026, Kuehne+Nagel identifies Asia as a key growth area, with Thailand playing an important role. The company stays connected to its customers by investing locally and building even stronger partnerships, ensuring they meet their evolving needs. A recent example is the new distribution centre in the Suvarnabhumi Airport free trade zone in Bangkok, Thailand.

Kuehne+Nagel acquires a majority stake in IMC Logistics (IMC), a leading marine drayage provider in the United States. As announced by both companies, Kuehne+Nagel will acquire 51% of the privately held company. IMC specializes in comprehensive end-to-end transportation solutions to or from seaports or rail hubs, customer facilities and inland in the United States. With this investment, Kuehne+Nagel enhances its access to one of the most important logistics networks in North America and ensures flexible transportation solutions in times of increasing supply chain disruptions. The IMC brand will be retained.

IMC is headquartered in Collierville, Tennessee and has more than 40 years of experience in providing intermodal solutions for Sea Logistics in the United States. Kuehne+Nagel and IMC are longtime partners. IMC's national network includes 49 locations with a strategic presence at major US seaports and rail transportation hubs. The company handles 2 million TEUs annually in intermodal drayage and rail operations. With around 1,700 employees and an extensive network of independent contractors, IMC generated revenue of around USD 800 million in 2023.

Dr. Joerg Wolle, Chairman of the Board of Directors of Kuehne+Nagel International AG, comments: "The Kuehne+Nagel strategy is based on organic growth supported by targeted bolt-on acquisitions. Asia and North America are the key growth markets for our business, where we have established a leading position which we systematically expand. With IMC in the USA as with the acquisition of Apex in Asia, we do rely on long term partnerships. This reduces the acquisition risk, ensures quick success by deepening an already rewarding cooperation. Acquiring a majority stake in IMC represents another important strategic step. We are further expanding our leading position in North America for the benefit of our customers and closer cooperation with our partners, particularly the carriers."

Stefan Paul, CEO of Kuehne+Nagel International AG says: "International Sea Logistics is a highly complex business with many interfaces and stakeholders, in which US trade flows are of central importance. IMC's range of capabilities significantly expands our service offering and allows us to develop even more attractive solutions for the value chains of our sea freight customers."

Mark H. George, Chairman and Founder of IMC Logistics adds: “We embrace the opportunity to partner with Kuehne+Nagel, one of the world’s leading logistics companies, to elevate our family-founded business to new heights and to grow together. Combining our landside container logistics expertise and offering with Kuehne+Nagel’s global reach will deliver exceptional services for our customers and create new career growth opportunities for our colleagues.”

The transaction is expected to be completed at the beginning of the first quarter of 2025. Both parties have agreed not to disclose further details of the transaction at this time. The deal is subject to approval from regulatory authorities and customary closing conditions.