Kuehne+Nagel reported a 6% rise in earnings to CHF 339 million for Q3 2024, driven by increased demand for flexible logistics amid ongoing supply chain disruptions. Turnover grew by 19% to CHF 6.5 billion, with EBIT increasing by 2% to CHF 455 million. Year-to-date figures show a marginal drop in turnover to CHF 18 billion and a 22% decrease in EBIT. Air logistics saw a 20% rise in turnover, while sea logistics turnover rose by 36%. The company also made strides in sustainable practices, including a partnership with Cathay Pacific for sustainable aviation fuel.

Source: https://www.stattimes.com/logistics/kuehnenagel-q3-earnings-up-6-on-supply-chain-disruptions-1353538