Tuesday, September 29th, 2020
Home » Tag Archives: Freight forwarding

Tag Archives: Freight forwarding

Kuehne+Nagel owner sees about 20,000 job cuts. Regrets lack of US strength vs China

REUTERS, MAY 23, 2020 “I wish we had a strong United States as a counterweight (to China), but it is poorly governed by Donald Trump.” ZURICH (Reuters) – Freight-forwarder Kuehne+Nagel (KNIN.S) may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in an interview. Kuehne+Nagel, which employs …

Read More »

Innovator: “I don’t like to talk about disruptions. Cargo is moving. Let’s just do it better”

Martyn Verhaegen, Founder and Owner at Qwyk

PortandTerminal.com, April 30, 2019 Freight forwarding is a huge industry. In the United States alone there are around 21,000 freight forwarding companies with combined annual revenue of $60 billion. The industry’s international trade association FIATA has membership of 40,000 forwarding and logistics companies, who together employ 8 to 10 million people in 150 countries (and that’s probably just scratching the …

Read More »