Swiss logistics group Kuehne & Nagel has seen the pace of decline slow, but does not expect a sustainable recovery before 2010, its chief executive said recently. “The decline in the volumes is not as dramatic as it was a few months ago, but we are not seeing a definite recovery,” Reinhard Lange told Swiss newspaper Handelszeitung, according to Reuters. Air freight volumes were still down around 20 per cent, close to levels in the first quarter, Lange said, adding there had been a … [Read more...] about No upturn before 2010 says Kuehne & Nagel

Swiss logistics group Kuehne & Nagel has seen the pace of decline slow, but does not expect a sustainable recovery before 2010, its chief executive said recently. “The decline in the volumes is not as dramatic as it was a few months ago, but we are not seeing a definite recovery,” Reinhard Lange told Swiss newspaper Handelszeitung, according to Reuters. Air freight volumes were still down around 20 per cent, close to levels in the first quarter, Lange said, adding there had been a … [Read more...] about No upturn before 2010 says Kuehne & Nagel