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Kuehne + Nagel Inc.

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Kuehne + Nagel Inc. - Manufacturing & Construction showcase

Year Founded & Workforce

1890

92,511 Employees

Industry

Manufacturing & Construction

Services

Temperature-Controlled Packaging
K

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Kuehne + Nagel Inc. Overview

Company Headquarters: Feusisberg, Switzerland

Founded: 1890

Workforce: ~ 92,511

Company Working: Kuehne + Nagel Inc. (Kuehne+Nagel) is one of the world’s leading transportation and logistics companies. Its strong market position lies in sea logistics, air logistics, road logistics, and contract logistics, with a clear focus on integrated logistics solutions. Sea logistics has generally been the most profitable portion of the firm, accounting for about 42.7% of total revenue in 2021. The company's mission is to become a more balanced, fully integrated freight forwarder while strengthening its end-to-end offering to clients.

Strategy

Kuehne + Nagel is committed to maintaining the highest quality, safety, health, and environmental standards to create value for individuals, society, and the planet. The company continuously focuses on providing superior quality products and services to satisfy the changing customer needs. It also emphasizes expansions and collaborations to enhance its market presence in the industry.

Company Snapshot

$25,457.9M

Revenue

92,511

Employees

1890

Founded

Feusisberg, Switzerland

Headquarters

SWOT Analysis

Strengths

  • Strong presence in sea logistics business for transportation of pharma and essential goods around the world
  • Strong distribution network

Weaknesses

  • The product offering of the company in temperature-controlled packaging market is less

Opportunities

  • Strategic partnerships and R&D activities can help in increasing product offerings
  • Product launch

Threats

  • Growing competition among global players
  • Economic and political conditions key markets

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Key Developments

DateApproachDevelopment
May 2020Product ApprovalKuehne + Nagel received “International Air Transport Association, Center of Excellence for Independent Validators in Pharmaceutical Logistics” (IATA CEIV) re-certification for KN PharmaChain air network. This approval will help grow its customer base by providing excellent transportation service
October 2019ExpansionKuehne + Nagel expanded its presence in Belgium (Europe). The company has opened an enlarged pharma distribution center in Geel, making it one of the most extensive KN PharmaChain networks worldwide
July 2018ExpansionKuehne + Nagel expanded its presence in Chile (South America). The company has opened a new Logistics Hub for temperature-controlled door-to-door transportation with an enhanced regional footprint, ultimately increasing the growth of the global temperature-controlled packaging for the pharmaceutical market
May 2020Product ApprovalKuehne + Nagel received “International Air Transport Association, Center of Excellence for Independent Validators in Pharmaceutical Logistics” (IATA CEIV) re-certification for KN PharmaChain air network. This approval will help grow its customer base by providing excellent transportation service.
October 2019ExpansionKuehne + Nagel expanded its presence in Belgium (Europe). The company has opened an enlarged pharma distribution center in Geel, making it one of the most extensive KN PharmaChain networks worldwide.
July 2018ExpansionKuehne + Nagel expanded its presence in Chile (South America). The company has opened a new Logistics Hub for temperature-controlled door-to-door transportation with an enhanced regional footprint, ultimately increasing the growth of the global temperature-controlled packaging for the pharmaceutical market.

Product Offering

  • Kuehne + Nagel Inc.
    • Temperature-Controlled Packaging

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 25,457.9 Mn in 2019 to USD 40,147 Mn in 2021.
Kuehne + Nagel Inc. — By Business Segment
Series (USD Mn)201920202021
Sales25,457.925,401.340,147

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