net turnover in 2019
departures a day
in Europe in 2019
With just under 9,000 employees at more than 350 sites, Kuehne+Nagel’s overland unit is one of the world’s leading providers for road transport. 32,500 departures a day in Europe alone provide customers with maximum flexibility and speeds for their groupage, full truck load (FTL) or less than truck load (LTL) shipments. Kuehne+Nagel operates one of Europe’s leading networks. In North America, the unit acts as a broker for FTL and LTL shipments and intermodal solutions. It provides FTL and LTL solutions in the Middle East and South East Asia. The business unit is also one of the world’s leading providers of trade fair and event logistics.
In the 2019 business year, net turnover for overland transport was up slightly at CHF 3.6 billion, gross profit was also up at CHF 1.1 billion and EBIT increased to CHF 78 million. Kuehne+Nagel achieved above-market growth in a weakening environment. The business unit added to the European network with the acquisition of the Joebstl Group in Austria and Slovenia as well as Rotra, a leading road transport provider in the Netherlands and Belgium.
eTrucknow: artificial intelligence for overland transport in South East Asia
In Summer 2019, Kuehne+Nagel launched its innovative freight platform eTrucknow in South East Asia. This platform uses artificial intelligence to match supply and demand for overland transport. The digital marketplace also provides continuous visibility for customers. The online platform was first launched in Thailand and India and is being gradually expanded to include Vietnam, Singapore, Malaysia, New Zealand and Australia.