Tag: Kuehne & Nagel

Research and Markets: The UK Road Haulage Market

Posted by | Jan 29, 2007 | |

Research and Markets has announced the addition of Road Haulage Market Report 2006 to their offering.

The road haulage industry is a vital part of the UK’s freight-transportation system, although it is a mature market and one that has little real growth potential. This is demonstrated by the fact that, in 2005, the volume of goods lifted by road by GB-registered goods vehicles weighing over 3.5 tonnes in Great Britain increased by 0.1% to 1.75 billion tonnes, while the volume of goods moved by road increased by 0.3%, to 152.7 billion tonne kilometres.
The market consists of three main sectors: own-account distribution, contract distribution and shared-user distribution. Contract distribution and shared-user distribution are collectively known as public haulage or ‘hire and reward’ haulage. Contract distribution companies are often involved in the broader market for logistics or supply-chain management.
Advances in vehicle technology, such as improvements to fuel efficiency and the better reliability of new trucks, have contributed significantly to the developments made in the operational efficiency of the haulage companies. Also important has been the trend by the operators to develop strategies to improve the efficiency of their assets by, for example, improving vehicle utilisation through better planning of journeys.
Leading companies within the road haulage industry are under pressure from their customers to establish and develop global logistics networks. This demand has led to a spate of acquisitions and mergers among the leading companies, such as the acquisition of Exel PLC, the UK’s leading freight-distribution company, by Germany-based Deutsche Post, and the merger between haulier ACR Logistics and Kuehne + Nagel, another Germany-based logistics operator.

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TI Logistics Briefing & News: K+N continues to expand across all sectors

Posted by | Oct 30, 2006 | |

Swiss based logistics group Kuehne + Nagel has released its results for the first nine months of 2006. Turnover increased 31.8 per cent to CHF 13,289 million (*8,362m). Its operating profit (EBITDA) improved 53.1 per cent to CHF 611 million (*384m).

According to management, business performance during the period was characterised by strong growth in sea and airfreight particularly in the third quarter, as well as business expansions in contract logistics and overland operations as a result of the integration of recent acquisitions.

Seafreight activities recorded a 19 per cent rise in volumes due to a growth in container volumes on all trade lanes. The company put a 4.2 per cent EBITDA margin, up from 3.5 per cent, down to productivity improvements through intensified electronic data exchange with customers and shipping lines as well as stringent cost management. The operational result rose 36.8 per cent year-on-year.

Following a strong third quarter, Kuehne + Nagel’s airfreight business recorded an 11 per cent increase in tonnage. Despite pressure on prices due to what management described as the highly competitive market and lower rates, Kuehne + Nagel maintained a stable EBITDA margin at 4.5 per cent and improved its operational result by 15.3 per cent.

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TNT re-emerges as possible takeover target

Posted by | Sep 29, 2006 | |

Dutch mail and logistics company TNT has become the subject of renewed takeover speculation after the European Union’s highest court ruled that the Netherlands is breaking the law in owning a “golden share” in the global mail and express delivery company.

The European Court of Justice said the government’s stake, which gives it veto power over TNT’s mergers and acquisitions, is incompatible with the free movement of capital in the 25-nation EU.

The Dutch government has held the stake since the 1980s when the former state-owned post and telephone company was privatized and split into a telecommunications group and a mail operator. The company subsequently expanded into logistics and express delivery.

TNT shares rose 3 percent immediately after the court ruling on speculation that the decision would make it easier for companies such as UPS, FedEx and Deutsche Post to take over the group. La Poste, France’s state-owned mail monopoly, also has been named as a likely suitor.

TNT was at the center of takeover speculation last November when Cornelius Geber, a former executive of Swiss logistics giant Kuehne & Nagel, said he was trying to organize a consortium to launch a bid.

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Kuehne + Nagel named Best Fast Moving Consumer Goods Logistics Provider in Singapore by Frost & Sullivan

Posted by | Jul 26, 2006 | |

Kuehne + Nagel Pte Ltd has been named Best Fast Moving Consumer Goods (FMCG) Logistics Service Provider in Singapore by Frost & Sullivan, a global growth consulting company.

The award was conferred to Kuehne + Nagel Singapore recently at the 2006 Frost & Sullivan ASEAN 4 Logistics Awards based on a Voice of the Customer research, which was officiated by Mr. Ko Kheng Hwa, Managing Director of the Singapore Economic Development Board.

Frost & Sullivan Director of Transportation, Asia Pacific Kavan Mukhtyar says Kuehne + Nagel has emerged as the winner among the logistics service providers in the Singaporean FMCG sector, as it secured the highest ratings for its service performance and capability from its own customers in the sector.

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Top Logistics Firms honored at the 2006 Frost & Sullivan ASEAN 4 Logistics Awards

Posted by | Jul 26, 2006 | |

Singapore, July 20, 2006 – Frost & Sullivan, a global growth consulting firm today honored top logistics firms in five major sectors from Indonesia, Malaysia, Singapore and Thailand at its ASEAN 4 Logistics Awards based on a Voice of the Customer research. Sectors included are automotive, pharmaceutical, retail, fast moving consumer goods and IT/electronics.

“Logistics service providers which secured the highest ratings for their performance and capability from customers in a particular industry sector were named winners,” says Kavan Mukhtyar, Director of Transportation, Asia Pacific at Frost & Sullivan.

“In determining the winner, it is not the size of the company that matters, but rather the quality of service in meeting its customers’ expectation that is important,” he says.

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