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Kuehne + Nagel Contract Logistics, North America
Naugatuck, CT
SWX: KNIN
888-246-8726
Dan DeSoto, E.V.P. Managing Director
3PL Turnover: Americas: $2.6b Parent: $10.7b
Service Area: Service to over 85% of World GDP; NA locations: 24 U.S., 6 Canada, 6 Mexico
3PL Assets: 2,000 employees
55 warehouses
Information Systems: Very good
TMS - Oracle/GC3
WMS - MARC, Cielite
Services: Ocean and air freight forwarding, value-added warehousing and distribution, transportation management, customs brokerage, supply chain management
Industry Focus/Key Customers: Automotive, retailing, chemicals, technology, telecommunications, healthcare
Key Customers: BMW, Nortel, Roche Pharmaceuticals, Sun Microsystems, Wal-Mart, Xerox
Armstrong & Associates' Evaluation: Kuehne + Nagel has large ocean freight forwarding operations handling over 1.6 million containers per year. It is also the fifth largest airfreight forwarder. Contract logistics operations grew 13% in 2005 and are now 31% of net revenues. Americas business for Kuehne + Nagel is 26% of net revenues. U.S. net revenue was $341 million in 2005 with 52% from freight forwarding. Americas CEO, Altorfer is a hard driving operations man who runs a tight ship.