Kuehne+Nagel intends to implement a $220 million cost reduction strategy to address market challenges.
by Web Administrator
Oct 25, 2025 10:30
Kuehne+Nagel has launched a cost-reduction initiative targeting annual savings of at least CHF 200 million due to tough market conditions marked by overcapacity and margin pressure. While net turnover increased by 3% to CHF 18.5 billion in the first nine months of 2025, EBIT and net earnings both fell by 17%. To improve efficiency, the company is optimizing processes and increasing automation. CEO Stefan Paul emphasized the importance of maintaining high-quality customer service. Additionally, Partners Group plans to sell its 24.9% stake in Apex, further strengthening Kuehne+Nagel's financial position. EBIT is projected to exceed CHF 1.3 billion for 2025.