Today’s release by Kuehne + Nagel (K+N) of fourth-quarter (Q4 24) numbers alongside its annuals, was just a stressful continuation of the previous quarter’s trends.
Unfortunately.
Why bother?
Well, air logistics did quite well at the end of ’24, yet core ocean logistics operations didn’t.
And while it was DSV’s trading update that dragged Kuehne + Nagel’s valuation down a month ago (here’s why), today we can safely blame a mix of underwhelming performance …
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