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Kuehne + Nagel International AG
Schindellegi, Switzerland
SWX: KNIN
In the U.S.
Kuehne + Nagel, Inc.
Jersey City, NJ
Rolf Altofer, President
800-755-9493
www.keuhne-nagel.com |
Services: |
Air and ocean freight forwarding, warehousing and distribution (contract logistics), transportation management, customs brokerage, supply chain management |
Industry Focus/Key Customers: |
Aerospace, Automotive, FMCG, healthcare/pharmaceuticals, industrial, retail, technology
Key Customers: Airbus, AstraZeneca, Carrefour, Johnson Controls, Merisant, Nortel, Sun Microsystems, TomoTherapy, Xerox |
Armstrong & Associates’ Evaluation: |
Kuehne + Nagel is the largest ocean freight forwarding operations handling over 2.6 million containers per year. It is also the fifth largest airfreight forwarder. With the addition of the ACR group, contract logistics operations more than doubled in 2006 and are now 57% of net revenues. Americas business for Kuehne + Nagel is 15% of net revenues. Net revenue was $786 million in 2007 with over 50% from freight forwarding. Kuehne + Nagel has developed its own trucking network for Europe. |