net turnover in 2019
million tons in 2019
With longstanding experience and an extensive global network of 420 locations in 106 countries and over 8,100 specialists, Kuehne+Nagel is the world's number 2 in airfreight. The business unit has access to a comprehensive, worldwide network of carrier partners and managing more than 60,000 shipments per week. With a full range of airfreight services and a focus on industry-specific solutions, Kuehne+Nagel is the logistic partner who can handle the most demanding tasks and provide unique solutions.
In 2019, the challenging market environment and the resulting softening demand in some key industries led to a decline in turnover to CHF 5.5 billion and EBIT to CHF 329 million. Thanks to focusing on the expanded service portfolio and continuing the development of eTouch solutions, an optimised cost structure and the successful integration of Quick International Courier, Kuehne+Nagel's airfreight business once again concluded a successful year.
eTouch: API technology for seamless integration of airfreight booking systems
Together with Air France KLM Cargo, Kuehne+Nagel successfully completed a pilot project to integrate online processes in autumn 2019 via API. Kuehne+Nagel will thus be able to access all digital functions of Air France KLM Cargo, including capacity queries, order placement and booking. This joint project represents an important step in the digitalisation of the airfreight industry.